
San Rafael, CA 94901
This High-Potential Value-Add Property represents a High-Potential Investment Opportunity with a List Price of $1,449,000—positioned well below the $1,640,651 Fair Market Value by 11%. This valuation gap provides $191,651 in Instant Equity for buyers ready to modernize this Original 1984 Fixer. The asset features a newer roof with solar, updated windows, and a massive 16,501 sqft lot with mountain views near Laurel Dell Elementary. The ability to increase square footage within the existing footprint makes this a premier acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 170 Irwin Street Subject | $1,295,000* List Price | 3 | 2 | 2,250 | $498 | - |
A 150 Bungalow Avenue Sold | $1,214,000 | 4 | 2 | 2,116 | $574 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as a 'fixer' in original 1984 condition. While it features high-value infrastructure upgrades including a newer roof, solar panels with battery storage, and updated windows, the interior requires substantial rehabilitation. Images reveal the home is currently in a mid-renovation state with missing flooring (exposed subfloors) and completely original, outdated kitchen and bathroom fixtures that do not meet modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16501, living area = 2250.
The property offers a rare opportunity to increase square footage significantly without expanding the footprint, allowing for a substantial increase in equity and living space.
Despite being a fixer, the home features high-value recent improvements including a newer roof, solar panels with battery storage, and updated windows, reducing immediate capital needs for major systems.
The interior is in original 1984 condition and requires a comprehensive renovation, which will necessitate a significant additional budget and time commitment from the buyer.
At a list price of $1,449,000, the initial investment is high for a property requiring total modernization, potentially limiting the pool of buyers to well-capitalized investors or renovators.
Fixer in original condition with great outlooks from the large deck on a 16,500 sf lot. This property offers an opportunity for renovators, investors, or owner-occupiers looking to add value through a renovation plus the ability to increase the square footage significantly without having to expand the footprint. The detached three car garage, newer roof with solar plus batteries and updated windows make this house an attractive renovation proposition. Bring your contractor and make it yours.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.5 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 2,250 | 2,013 | 62% |
| Lot Size | 16,501 | 8,398.185 | 83% |
| Price | $1.29M | $1.37M | 46% |
| Price per sq ft | $576 | $661 | 37% |
| Built year | 1984 | 1955 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 203 | 3% |
Apr 2, 2026
$1,295,000
$1,449,000
-11% Price Drop
Initial Listing
Mar 6, 2026
$1,449,000
Initial Listing