
Sausalito, CA 94965
This Contemporary Sausalito Residence is a Strong Value Opportunity, listed at $1,995,000—positioned well above the $1,883,729 Fair Market Value by -5%. Featuring a 3-bedroom, 3-bath layout with a legal lower-level studio, the home offers exceptional flexibility for multi-generational living or rental income. With an Excellent Condition Rating and panoramic Bay views, this property provides a turnkey lifestyle in the coveted Banana Belt. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, versatile coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 198 Cazneau Avenue #B Subject | $1,995,000* List Price | 3 | 3 | 1,754 | $1,074 | - |
A 44 Cable Roadway Pending | $1,650,000 List Price | 2 | 2 | 1,774 | $930 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1988 (36 years old), the property presents in well-maintained, move-in ready condition. While the age technically exceeds 30 years, the interior features contemporary vaulted wood ceilings, updated flooring, and clean architectural lines that suggest significant maintenance or partial renovation within the last 5-15 years. The kitchens and bathrooms appear functional and modern enough to avoid the 'Fair' or 'Poor' classifications.
Situated in Sausalito's coveted Banana Belt at the end of a quiet cul-de-sac, the home offers breathtaking, unobstructed views of the Bay, Tiburon, and Belvedere.
The property includes a legal lower-level studio with a private entrance, full kitchen, and dedicated laundry, providing excellent potential for rental income or multi-generational living.
Featuring soaring vaulted ceilings and an open-concept layout, the contemporary interior is flooded with natural light through expansive picture windows, creating an airy and inviting atmosphere.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
While the residence lives like a single-family home, its legal classification as a condominium involves a monthly association fee and shared governance that may deter buyers seeking fee-simple ownership.
The property's hillside location and reliance on stairways for pedestrian access to downtown may present accessibility challenges for some residents or limit usable flat outdoor space.
Views. Views. Views. Tucked at the end of a peaceful cul-de-sac in Sausalito's coveted Banana Belt, this contemporary residence lives like a SFR with legal studio, offering an exceptional combination of privacy, natural light, and sweeping views of the Bay, Tiburon, and Belvedere. Soaring vaulted ceilings and an open-concept design create an airy, inviting atmosphere throughout the main living level. Expansive picture windows frame the water views, while the kitchen flows seamlessly into the living and dining areas ideal for everyday living and entertaining. Two spacious bedrooms and a full bath complete the lower level of the unit.The versatile lower studio offers tremendous flexibility: private entrance, full kitchen, bathroom, dedicated laundry, and its own picturesque outlook. Guest suite, home office, fitness studio, income-producing rental, multigenerational living it adapts easily to how you live. Don't miss it! Stairway to downtown moments from front door. 2 dedicated parking spots. This is the ultimate Sausalito vibe.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,754 | - |
| Lot Size | 3,576 | - |
| Price | $2.00M | $934.4K |
| Price per sq ft | $1.1K | $645 |
| Built year | 1988 | 0 |
| HOA | $312 | $0 |
| Days on market | 45 | 63 |
Jun 7, 2026
$1,995,000
Initial Listing
Feb 19, 2009
$800,000
Public Record
Jan 28, 1999
$43,500
Public Record