16 Dutton Court, Sausalito, CA 94965, Sausalito, 94965 - 4 bed, 2 bath
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Sausalito, CA 94965
This Versatile Income-Generating Residence is listed at $1,325,000, positioned to reflect its unique dual-unit configuration and proximity to the $1,163,076 Fair Market Value. Featuring a Remodeled Condition Rating, the home offers immediate cash flow with a lower flat generating $3,000/month in rental income. The property is highlighted by sweeping Richardson Bay views, a wraparound deck, and a rare 8,699 sqft oversized lot with ADU potential. This turnkey asset is an ideal match for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a high-yield Marin County property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16 Dutton Court Subject | $1,325,000* List Price | 4 | 2 | 1,773 | $656 | - |
A 31 Buckelew Street Sold | $1,055,000 | 4 | 2 | 1,812 | $582 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been extensively and beautifully remodeled within the last few years, featuring a modern kitchen with high-end finishes, updated bathrooms, and new flooring throughout. Although originally built in 1962, the home is move-in ready with major upgrades, including a fully renovated lower-level flat, updated light fixtures, and well-maintained systems that meet current quality standards with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8699, living area = 1773.
The property features a lower-level 1BD/1BA flat currently generating $3,000 per month in rental income, offering a significant mortgage offset or a turnkey investment opportunity.
The home's east-facing orientation and wraparound deck provide sweeping views of Richardson Bay and abundant natural light, a highly desirable feature in the Marin market.
With only two bathrooms serving four bedrooms, the 3BD/1BA upper-level configuration may be a drawback for families or buyers expecting a private primary suite.
Located in the Marin City area of Sausalito, the property may face different market dynamics and appreciation rates compared to the more central or waterfront neighborhoods of the city.
Experience the best of Southern Marin living at an exceptional value in this beautifully remodeled, east-facing 4-bedroom, 2-bath Sausalito home now generating $3,000/month in rental income! An outstanding opportunity for both owner-occupants and investors. The lower-level 1BD/1BA flat rented in just five days on Zillow, demonstrating strong demand and providing immediate cash flow, with additional upside potential to convert into a legal ADU! Live comfortably in the bright upper 3BD home while collecting income from the lower level, or maximize returns by renting both levels. Perched on a sunny, oversized lot on a private cul-de-sac in Marin City, the property enjoys sweeping Richardson Bay views and abundant natural light. The main level features a light-filled three-bedroom, one-bath layout plus a flexible office or multi-use room, wraparound deck overlooking the water, and a garage. The lower level offers a spacious one-bedroom flat with two private entrances, a modern kitchen, an in-unit washer/dryer, and its own private deck, ideal for tenants, guests, or extended family. A large fenced backyard, rare for Sausalito, creates space for gardening, play, or entertaining, with additional potential for expanded outdoor living or a future ADU (buyer to verify). Ideally located just minutes from Sausalito and Mill Valley shops and cafes, world-class hiking and biking trails, and an easy commute to San Francisco by car, bus, bike, or ferry. Move-in ready with major upgrades, this versatile property offers the perfect blend of modern comfort, income potential, and the quintessential Marin lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,773 | 2,132 | 30% |
| Lot Size | 8,699 | 7,893.5 | 55% |
| Price | $1.32M | $2.32M | 30% |
| Price per sq ft | $747 | $985 | 15% |
| Built year | 1962 | 1957 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 180 | 183 | 45% |
Feb 21, 2026
$1,325,000
$1,349,000
-2% Price Drop
Initial Listing
Oct 24, 2025
$1,349,000
Initial Listing
Apr 10, 2023
$1,170,000
Public Record