
Bolinas, CA 94924
This property presents a High-Potential Investment Opportunity with a List Price of $999,950—positioned well above the $777,795 Fair Market Value by -28%. Featuring a Fair Condition Rating, the asset requires a comprehensive renovation of major systems and finishes. The 960 sqft layout includes a detached studio and expansive wood deck with hot tub, offering significant value-add potential through modernization. Given the current pricing relative to market estimates, this project is best suited for Buy-and-Hold Investors or Contractors capable of executing a full-scale coastal rehab.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 165 Elm Road Subject | $999,950* List Price | 2 | 1 | 960 | $810 | - |
A 71 Crescente Avenue Sold | $937,000 | 3 | 2 | 1,180 | $794 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965 (59 years old) with no evidence of renovation. The kitchen features original wood cabinetry and dated appliances, while the living areas show significant wear including wall cracks, missing floor coverings, and outdated wall-mounted heating units. The property requires a comprehensive rehab of all major systems and finishes.
The property features an expansive wood deck with a built-in hot tub and a private yard, perfectly suited for the relaxed Bolinas lifestyle and outdoor entertaining.
A separate detached structure with sliding glass doors offers significant value-add potential as a creative workshop, home office, or additional storage space.
Located near local beaches, trails, and downtown Bolinas, this property presents a rare investment opportunity in a high-demand coastal market with ample room for equity growth.
At just 960 square feet with a single bathroom, the home's compact footprint may be restrictive for buyers seeking more living space or modern amenities.
Built in 1965 and marketed as needing personal updates, the property likely requires a significant additional investment to modernize the interior and systems.
Unique Bolinas Opportunity with Endless Potential! Situated on a generous lot in charming Bolinas, this single-family home offers a relaxed coastal lifestyle with incredible versatility. The property features a single-story layout, an attached carport with covered parking, and an expansive driveway providing ample space for multiple vehicles. Outdoor living shines with a large wood deck featuring an above-deck hot tub/spaperfect for unwinding after a day near the coast. The private yard also includes a detached shed/studio structure with sliding glass doors, offering great potential as a workshop, creative space, or extra storage. Conveniently located near local beaches, trails, and downtown Bolinas, this home is ready for your vision and personal updates. Don't miss this fantastic coastal investment opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.4 |
| Baths | 1.0 | 2.0 |
| Square foot | 960 | 1,968 |
| Lot Size | 5,998 | 15,781 |
| Price | $1000.0K | $2.14M |
| Price per sq ft | $1.0K | $1.4K |
| Built year | 1965 | 1960 |
| HOA | $0 | $0 |
| Days on market | 30 | 109 |
Aug 10, 2026
$999,950
Initial Listing