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157 Homestead Boulevard, Mill Valley, CA 94941, Mill Valley, 94941 - 2 bed, 1 bath

157 Homestead Boulevard, Mill Valley, CA 94941 home-pic-0
ACTIVE$1,250,000$1,056/sqft
Est. Value: $1,297,090
3%
BelowEstimate
157 Homestead Boulevard, Mill Valley, CA 94941
2Beds
1Bath
1,056Sqft
5,401Lot

Price Vs. Estimate

The estimated value ($1,297,090.13) is $47,090.13 (3%) higher than the list price ($1,250,000). This property may be underpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
Top Cons:
Limited Living Space: With 2 bedrooms and 1 bathroom across 1056 sqft, the property offers limited interior space, which may not accommodate larger families or those requiring more rooms.

Compared to the nearby listings

Price:$1.25M vs avg $2.03M ($-775,500)19%
Size:1,056 sqft vs avg 2,053 sqft6%
Price/sqft:$1.2K vs avg $1.1K66%

More Insights

Built in 1963 (63 years old).
Condition: Despite being built in 1963, the property has undergone extensive recent renovations, as confirmed by the description and images. The kitchen features new stainless steel appliances, modern white cabinetry, quartz countertops, and recessed lighting. The bathroom is also fully updated with a new vanity, modern fixtures, and contemporary tile. Refinished hardwood floors and fresh paint throughout contribute to a virtually new interior condition, meeting current quality standards with no deferred maintenance.
Year Built
1963
Close
-
List price
$1.25M
Original List price
-
Price/Sqft
$1,184
HOA
$0
Days on market
-
Sold On
-
MLS number
325100014
Home ConditionExcellent
Features
Good View:
Deck
View-

About this home

Buying a starter home in Marin County is all about compromise and 157 Homestead is a smart compromise. If you've been one of the hundreds of people shopping for an entry-level home in Mill Valley, you already know how rare it is to find this combo of home attributes: move-in ready condition, central location, and direct trail access all at a price of $1.25M. Tucked in a quiet pocket just minutes from 101, 157 Homestead Blvd offers one of the best blends of relative value, lifestyle, and access available in Mill Valley at this price in the past 7 years. Projected rent is ~$6K/month, which imputes a selling price of ~$1.44M+. Updated 2BD/1BA with fresh paint, newer finishes, and great light. Refinished floors, fresh interior and exterior paint, new kitchen appliances, and new tile and fixtures in the bathroom. Just ~5 minutes to the freeway, ~15 to SF, and easily bikeable to Tam, Miller, and downtown Mill Valley. Ideal for Tam High students and outdoor lovers, with direct access to the Marincello Trail and Marin Headlands no driving, no crowded parking lots. This is what a high-functioning Mill Valley starter home looks like. Hillside backyard perfect for your furry friends.

D
Dave DuPont
Listing Agent

Nearby schools

8/10
Old Mill Elementary School
Public,•K-5•1.3mi
9/10
Tamalpais Valley Elementary School
Public,•K-5•1.3mi
8/10
Edna Maguire Elementary School
Public,•K-5•1.4mi
8/10
Strawberry Point Elementary School
Public,•K-5•1.9mi
9/10
Park Elementary School
Public,•PK-5•2.0mi
9/10
Mill Valley Middle School
Public,•6-8•0.6mi
8/10
Tamalpais High School
Public,•9-12•0.6mi
Condition Rating
Excellent
Despite being built in 1963, the property has undergone extensive recent renovations, as confirmed by the description and images. The kitchen features new stainless steel appliances, modern white cabinetry, quartz countertops, and recessed lighting. The bathroom is also fully updated with a new vanity, modern fixtures, and contemporary tile. Refinished hardwood floors and fresh paint throughout contribute to a virtually new interior condition, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
Exceptional Location & Commute: Centrally located in Mill Valley, offering quick access to Highway 101 (5 mins), San Francisco (15 mins), and bikeable proximity to local amenities and downtown Mill Valley.
Move-in Ready & Recently Updated: The property boasts recent updates including fresh paint, refinished floors, new kitchen appliances, and a renovated bathroom, ensuring a turn-key experience.
Direct Trail Access & Outdoor Lifestyle: Unparalleled direct access to Marincello Trail and Marin Headlands, catering perfectly to outdoor enthusiasts and offering a unique lifestyle benefit.
Strong Value in a Premium Market: Positioned as an 'entry-level' home in desirable Mill Valley at $1.25M, offering a compelling value proposition in a high-cost market, with potential for rental income.
Access to Top-Rated Schools: Located within a highly-regarded school district, including proximity to top-rated Tamalpais High School, making it attractive for families.

Cons

Limited Living Space: With 2 bedrooms and 1 bathroom across 1056 sqft, the property offers limited interior space, which may not accommodate larger families or those requiring more rooms.
Older Home Infrastructure: Built in 1963, while cosmetically updated, the underlying infrastructure may be older, potentially leading to future maintenance considerations not covered by recent renovations.
Limited Usable Backyard Space: The description mentions a 'hillside backyard,' which, while suitable for pets, might imply limited flat, usable yard space for recreation or extensive gardening.
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