17 De Silva Island Drive, Mill Valley, CA 94941, Mill Valley, 94941 - 2 bed, 3 bath
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17 De Silva Island Drive
Mill Valley, CA 94941
ACTIVE
CONDITION: FAIR
2Beds
3Baths
1,898Sq Ft
867Lot Size
Property Price
LIST PRICE$2,250,000
EST. MARKET VALUE
$1,910,969
17% AboveMARKET VALUE
SUMMARY
This Waterfront Condominium represents a High-Potential Investment Opportunity, listed at $2,250,000—positioned above the $1,910,969 Fair Market Value. While the property commands a premium, it offers a sophisticated lifestyle in a premier waterfront community with resort-style amenities like a pool and spa. Featuring a Condition Rating of 4, the home provides a solid foundation for cosmetic updates to modernize the original finishes. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a serene, commute-friendly retreat in Mill Valley.
Estimated Market Value
$1,910,969
Based on Realkey algorithm analyzing recent comparable sales in Mill Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17 De Silva Island Drive Subject 2 bd · 3 ba · 1,898 sqft · $1,007 | $2,250,000* List Price | 2 | 3 | 1,898 | $1,007 | - |
A 56 De Silva Island Drive Sold 3 bd · 3 ba · 2,422 sqft · $989 · 0.1 mi | $2,395,000 | 3 | 3 | 2,422 | $989 | 0.1 mi |
B 6037 Shelter Bay Avenue Sold 2 bd · 2 ba · 1,803 sqft · $874 · 0.4 mi | $1,575,000 | 2 | 2 | 1,803 | $874 | 0.4 mi |
C 87 De Silva Island Drive Pending 3 bd · 3 ba · 2,422 sqft · $948 · 0.0 mi | $2,295,000 List Price | 3 | 3 | 2,422 | $948 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2001 (23 years old), the property is in well-maintained condition but features original finishes. The kitchen cabinetry and tiled bathroom vanities are dated (>20 years), and while the high-end Viking appliances remain functional, the interior aesthetics require minor updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Waterfront Location
Situated in one of Marin's most prestigious waterfront communities, the property offers immediate access to wetland gardens, bayfront trails, and a seamless commute to San Francisco.
- Sophisticated Layout
The well-planned two-level floor plan features a dedicated office nook, a butler's pantry, and private decks for both the living area and primary suite, ideal for modern living and entertaining.
- Resort-Style Amenities
Residents enjoy high-end community facilities including a pool, spa, and clubhouse, providing a luxury lifestyle experience within a serene natural setting.
CONSRISKS & DEFICIENCIES
- High Monthly Dues
The monthly association fee of $2,220 is substantial and may impact the overall affordability and attractiveness for budget-conscious buyers.
- Limited Bedroom Count
With only two bedrooms, the property may have a narrower market appeal, particularly for growing families or buyers requiring multiple guest rooms or hobby spaces.
About 17 De Silva Island Drive
17 De Silva Island offers two levels of well-planned living with 2 bedrooms and 3 baths. A welcoming foyer and curved staircase lead to the main level, made for entertaining: a living room with fireplace, a dining room opening to a private deck, and a kitchen with center island and butler's pantry. A sunny, bay-windowed office nook sits nearby, along with a full bath and laundry. Downstairs, the primary suite offers a walk-in closet, spa-style bath and its own deck, and the second bedroom has its own full bath. Enjoy one of Marin's premier waterfront communities, with wetland gardens, bay front trails, pool, spa and clubhouse, minutes from Strawberry Village and an easy commute to San Francisco.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2001
- Lot Size
- 867 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2220 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 1,898 | 1,526.2 |
| Lot Size | 867 | 1,196.9 |
| Price | $2.25M | $1.30M |
| Price per sq ft | $1.2K | $868 |
| Built year | 2001 | 1983 |
| HOA | $2220 | $1.3K |
| Days on market | 22 | 69 |
Pricing History
Listed for Sale
Oct 2, 2026
$2,250,000
Initial Listing
Sold
Apr 17, 2009
$1,135,000
Public Record
Sold
Apr 11, 2003
$768,000
Public Record