185 Gilmartin Drive, Tiburon, CA 94920, Tiburon, 94920 - 7 bed, 11 bath
185 Gilmartin Drive
Tiburon, CA 94920
Property Price
SUMMARY
Analysis of 185 Gilmartin Drive, Tiburon, CA 94920 is currently available with a list price of $15,950,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Tiburon Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 1999, this estate has undergone extensive, high-quality renovations, particularly evident in the kitchen and bathrooms. The kitchen features sleek, modern cabinetry, integrated high-end appliances, and contemporary lighting. The bathrooms are virtually new, showcasing floating vanities, vessel sinks, freestanding tubs, and stylish wood accents, all meeting current luxury standards. While some other areas maintain a classic aesthetic, the critical living spaces are impeccably updated, indicating minimal physical depreciation and a move-in ready, top-tier condition.
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 = 60021, living area = 13836.
- Unrivaled Panoramic Views
The estate offers commanding views from every direction, enhancing its prestige and desirability.
- Prestigious Location & Exclusivity
Situated on the crest of Tiburon's most iconic street within a gated estate, providing unparalleled privacy and a prime address.
CONSRISKS & DEFICIENCIES
- Ultra-Luxury Price Point
The $15.95 million asking price targets an extremely niche market, potentially limiting the pool of prospective buyers.
- Substantial Ongoing Maintenance Costs
A property of this size with extensive grounds and numerous luxury amenities will incur significant and continuous maintenance expenses.
- Potential for Dated Interior Aesthetics
Built in 1999, some interior design elements, despite their original luxury, may not align with current contemporary trends and could require updates for modern discerning buyers.
About 185 Gilmartin Drive
Showcasing commanding views from every direction, this gated estate with a circular motor court is located on the crest of Tiburon's most iconic street. Built with unparalleled craftsmanship and the ultimate emphasis on luxury, the towering front doors open to the magnificent foyer featuring a grand double staircase and over 10,000 square feet of living space. The manicured grounds including the tennis court, pool with outdoor kitchen, guest house and care-taker quarters are but some of the amenities comprising this significant offering. Take the elevator from the 4 car garage. Ideal work out space including spa, steam room and sauna. Like similar homes in Montecito, Carmel and Beverly Hills, outdoor living and the comfort of our Mediterranean climate make this home a year-round resort.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 60,021 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 11 (11 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 96% |
| Baths | 11.0 | 3.5 | 98% |
| Square foot | 13,836 | 3,581.5 | 98% |
| Lot Size | 60,021 | 13,894.5 | 94% |
| Price | $15.95M | $4.44M | 98% |
| Price per sq ft | $1.2K | $1.3K | 27% |
| Built year | 1999 | 1965 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 990 | 191 | 0% |
Pricing History
Listed for Sale
Jun 21, 2023
$15,950,000
Initial Listing
Sold
Jun 1, 2016
$12,000,000
Public Record
Sold
Apr 16, 1997
$1,370,000
Public Record