20 Poppy Lane, Mill Valley, CA 94941, Mill Valley, 94941 - 3 bed, 2 bath

20 Poppy Lane, Mill Valley, CA 94941 home-pic-0

20 Poppy Lane

Mill Valley, CA 94941

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,580Sq Ft
10,001Lot Size

Property Price

LIST PRICE$1,649,000
EST. MARKET VALUE
$1,720,402
4% BelowMARKET VALUE

SUMMARY

Analysis of 20 Poppy Lane, Mill Valley, CA 94941 reveals a Prime Investment Opportunity with a current list price of $1,649,000—significantly undercutting the $1,720,402 Fair Market Value by 4%. This valuation gap indicates a +$71,402 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Mill Valley 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.

Estimated Market Value

$1,720,402 +$71,402 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Mill Valley.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
20 Poppy Lane
Subject
$1,649,000*
List Price
321,580$1,089-
A
362 Pine Hill Road
Sold
$1,550,000321,516$1,0220.1 mi
B
368 Carrera Drive
Sold
$1,847,000321,632$1,1321.0 mi
C
711 Alta Vista Road
Sold
$1,500,000421,848$8120.4 mi
D
1 Carolyn Lane
Sold
$2,000,000431,990$1,0050.5 mi
E
317 Ross Drive
Sold
$1,770,000321,476$1,1990.5 mi
F
107 Stadium Avenue
Active
$1,649,000
List Price
331,644$1,0030.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is a 1970s home that has been extensively updated and is in move-in ready condition. The kitchen is a standout feature, having been fully renovated with high-end Wolf stainless steel appliances, modern shaker cabinetry, and stone countertops. The interior features updated oak plank flooring and contemporary light fixtures throughout. While some elements like the bathroom tiling and redwood siding reflect the home's original era, they are well-maintained with no signs of deferred maintenance, fitting the criteria for a high-quality, updated residence.

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 = 10001, living area = 1580.

  • Panoramic Views

    The property features exceptional west-facing views of the Marin Headlands, GGNRA, and Mount Tam, offering a picturesque 'golden panorama' from its elevated position.

  • Prime Location

    Ideally situated near Tam Junction's shopping and dining, top-ranked Tam Elementary, and immediate access to world-class hiking and biking trails.

CONSRISKS & DEFICIENCIES

  • Vintage Construction

    Built in 1970, the home may require more intensive ongoing maintenance compared to newer builds, particularly regarding the original redwood exterior.

  • Compact Living Area

    At 1,580 square feet for a three-bedroom layout, the interior living spaces may feel somewhat constrained for buyers accustomed to more expansive modern floor plans.

  • Hillside Accessibility

    The property's location atop a private road implies a steep or narrow approach, which can present challenges for guest access or large vehicle navigation.

About 20 Poppy Lane

Discover 20 Poppy Lane, a boutique updated view home perched atop a private road, with the warmth of Tam Valley. Exceptional location: offers breathtaking West facing views overlooking the protected Marin Headlands & GGNRA. This golden panorama appears like a painting. You'll also capture the iconic peak of Mount Tam. This chalet-style home exudes timeless appeal: warm redwood ceilings & rich oak plank hardwood floors. A central fireplace creates a cozy focal point for relaxing evenings. Step outside to an expansive wrap-around deck that envelops the front & sides of the home, with ample, sun-drenched spaces for outdoor dining, entertaining, & epic views. A testament to solid construction. Built by Merritt Bitz, a noted local boutique homebuilder of the 1970s, with classic exterior redwood siding. Enjoy easy parking, with a recently augmented 2 car carport, plus additional parking. Unparalleled location: Just minutes down the road is the popular Tam Junction, offering fine shopping, dining, groceries, and a strong sense of community. The home is also near Tam Elementary, ranked one of the best K-5 schools in Marin County. For outdoor enthusiasts, it's a short, scenic drive to Stinson Beach and provides immediate access to countless miles of epic hiking and mountain biking trails.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1970
Lot Size
10,001 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
49%
Baths2.03.0
47%
Square foot1,5802,190
24%
Lot Size10,0018,359
63%
Price$1.65M$2.10M
26%
Price per sq ft$1.0K$1.0K
51%
Built year19701959
72%
HOA$0$0
50%
Days on market37172
6%

Pricing History

Listed for Sale

Jan 29, 2026

$1,649,000

Initial Listing

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