
Larkspur, CA 94939
This Waterfront Single Family Residence is a High-Potential Investment Opportunity, listed at $2,600,000—positioned well below the $2,717,068 Fair Market Value by 4%. This valuation gap offers $117,068 in Instant Equity. Featuring a Condition Rating of 3, the home offers a Private Dock, Panoramic Waterfront Views, and a Large 13,299 sqft Lot. Located near Top-Rated Schools like Redwood High, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 182 Riviera Circle Subject | $2,600,000* List Price | 4 | 3 | 2,422 | $1,124 | - |
A 49 Via La Brisa Sold | $2,148,000 | 3 | 2 | 1,821 | $1,180 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1975 but shows evidence of significant maintenance and updates. The kitchen features stainless steel appliances and granite countertops consistent with a renovation from the last 10-15 years. The exterior, decking, and private dock appear well-maintained and the home is in move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13299, living area = 2422.
The property features a private dock on boat-friendly Corte Madera Creek with direct bay access, offering a rare and premium opportunity for boating and water sports enthusiasts.
Ideally situated within walking distance to top-rated schools, downtown Larkspur, and the ferry terminal, providing a perfect blend of suburban tranquility and urban convenience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2422, other record living area = 2333.
Built in 1975, the property may require cosmetic or structural updates to meet the contemporary luxury standards expected at the $2.6M price point.
The property is subject to a $300 association fee, which adds to the monthly carrying costs and may involve specific community restrictions or CC&Rs.
Living on the water has a certain magic. This Spacious Larkspur Marina waterfront has its own dock on boat-friendly Corte Madera Creek, with access to the bay. This home is filled with natural light. Soaring ceilings. Living areas open to the sunny deck & dock. Private, gated front yard with areas for play and gardening (check out the lovely fruit trees!). Sited in a prime location close to downtown Larkspur, the new Larkspur Commons, the shopping centers of Corte Madera, the Larkspur-SF ferry, Marin Country Mart and top-rated schools! SUP or boat right off your own dock, or stroll to town or school. California living at its best!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,422 | - |
| Lot Size | 13,299 | - |
| Price | $2.60M | $3.38M |
| Price per sq ft | $1.1K | $1.2K |
| Built year | 1975 | 0 |
| HOA | $300 | $0 |
| Days on market | 36 | 24 |
Jun 16, 2026
$2,600,000
Initial Listing
Oct 21, 2005
$1,225,000
Public Record