181 Marinda Drive, Fairfax, CA 94930, Fairfax, 94930 - 4 bed, 3 bath
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181 Marinda Drive
Fairfax, CA 94930
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,893Sq Ft
11,552Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$954,725
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $899,000—positioned well below the $954,726 Fair Market Value by 5%. This valuation gap offers $55,726 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home requires modernization but offers a flexible floor plan with a potential junior ADU. Located in the coveted Marinda Oaks neighborhood near top-rated schools, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Estimated Market Value
$954,725+$55,725 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Fairfax.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 181 Marinda Drive Subject 4 bd · 3 ba · 1,893 sqft · $504 | $899,000* List Price | 4 | 3 | 1,893 | $504 | - |
A 34 Hillside Drive Sold 3 bd · 2 ba · 1,320 sqft · $530 · 1.0 mi | $700,000 | 3 | 2 | 1,320 | $530 | 1.0 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 1959, this home is functional but significantly dated. The kitchen features older cabinetry, tile counters, and vinyl flooring likely over 20-30 years old, despite newer stainless appliances. While the hardwood floors are well-maintained and dual-pane windows have been added, the original hollow-core doors and stone fireplace require modernization. The listing explicitly highlights the 'potential to update,' confirming it needs cosmetic and system refreshes.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11552, living area = 1893.
- Prime Location & Top-Rated Schools
Situated in the coveted Marinda Oaks neighborhood, the property offers immediate access to downtown Fairfax and is zoned for top-tier schools, including Manor Elementary and White Hill Middle, all boasting high ratings.
- Expansive Private Lot
The generous 11,552 sqft lot backs directly to open space, providing a rare level of privacy and a seamless connection to world-class hiking and biking trails.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1893, other record living area = 1485. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Significant Updating Required
The property is positioned as a value-add opportunity, meaning buyers should anticipate additional capital expenditure to modernize the interior finishes and systems to contemporary standards.
- Loss of Covered Parking
Because the fourth bedroom was converted from the original garage, the home lacks traditional covered parking and enclosed storage, which may be a drawback for some buyers.
About 181 Marinda Drive
A rare opportunity to make your mark in Fairfax's highly sought-after Marinda Oaks neighborhood. This mostly single-level, four-bedroom, 2.5-bath home offers a great floor plan, a private landscaped backyard, and exciting potential to update and personalize to your taste. The home features a spacious living room with fireplace, and a welcoming connection to the backyard, which backs to open space. The generously sized kitchen flows into the formal dining area, creating a comfortable setting for everyday living and entertaining. The en-suite primary bedroom and two additional bedrooms are located on one side of the home, while the fourth bedroom with 1/2 bath, converted from the garage, offers added flexibility for guests, a home office, or a potential junior ADU (confirm w town). Three steps lead to the laundry room and the fourth bedroom. Enjoy the convenience of dual-pane windows and a location close to well-regarded schools, including Manor Elementary, White Hill Middle, and Archie Williams High. Downtown Fairfax is just minutes away, with its boutiques, restaurants, movie theater, and Good Earth Natural Foods. World-class hiking and biking trails, along with the beaches and open spaces of West Marin, are close at hand. A wonderful chance to secure a home in a coveted neighborhood and create something truly your own. Not to be missed. Come home to Fairfax.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 11,552 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fairfax Unified Schools
Manor Elementary School
Grades K-5 • 0.3 mi
8/10
White Hill Middle School
Grades 6-8 • 1.1 mi
8/10
Sir Francis Drake High School
Grades 9-12 • 1.2 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.6 |
| Square foot | 1,893 | 1,758.5 |
| Lot Size | 11,552 | 10,758.625 |
| Price | $899.0K | $1.24M |
| Price per sq ft | $475 | $670 |
| Built year | 1959 | 1955 |
| HOA | $0 | $0 |
| Days on market | 15 | 58 |
Pricing History
Listed for Sale
Oct 9, 2026
$899,000
Initial Listing
Sold
Oct 1, 2013
$360,000
Public Record