2002 Paradise Drive, Tiburon, CA 94920, Tiburon, 94920 - 9 bed, 6 bath

2002 Paradise Drive, Tiburon, CA 94920 home-pic-0
ACTIVE$7,700,000$4,297/sqft
2002 Paradise Drive, Tiburon, CA 94920
9Beds
6Baths
4,297Sqft
3,511Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Iconic Panoramic Views: Offers rare, unobstructed panoramic views of the Golden Gate Bridge, San Francisco, the Bay, and Angel Island from every unit, significantly enhancing desirability and value.
Top Cons:
Limited Lot Size: The 3,511 sqft lot is relatively small for a luxury triplex in this prestigious area, potentially offering limited outdoor private space per unit.

Compared to the nearby listings

Price:$7.70M vs avg $5.39M (+$2,312,500)50%
Size:4,297 sqft vs avg 5,424.5 sqft50%
Price/sqft:$1.8K vs avg $1.1K50%

More Insights

Built in 1960 (66 years old).
Condition: Despite being built in 1960, the property has undergone extensive and modern renovations, as evidenced by the description and images. The kitchens feature contemporary white cabinetry, granite countertops, stainless steel appliances, and tile flooring, all appearing virtually new. Bathrooms boast modern floating vanities, updated tile work, and contemporary fixtures. Common areas and living spaces also show recent updates with clean finishes, recessed lighting, and well-maintained flooring. All visible components meet current quality standards with no signs of wear or deferred maintenance, aligning with the criteria for an 'excellent' condition score.
Year Built
1960
Close
-
List price
$7.7M
Original List price
-
Price/Sqft
$1,792
HOA
$0
Days on market
-
Sold On
-
MLS number
325032466
Home ConditionExcellent
Features
Excellent View:
Deck
View-

About this home

This impressive luxury triplex on the San Francisco Bay showcases a rare panorama of unobstructed views of the Golden Gate Bridge, San Francisco, the bay, and Angel Island. Positioned on the edge of the world-renowned Tiburon Peninsula, steps away from the waterfront pathway to the SF ferry and Main Street's waterfront restaurants and boutique shops. This iconic renovated 3 unit residence features an elevator, a lobby, 6 parking spots, and 3 EV charging stations. Each unit has virtually the same layout with 3 bedrooms, 2 bathrooms, a washer/dryer, granite countertops, fireplaces, private decks, floor-to-ceiling windows, and unparalleled views. The heart of each unit is the great room featuring floor-to-ceiling windows and sliding glass doors that capture views across the bay to the Golden Gate Bridge. The kitchens feature tile flooring, granite countertops, white cabinetry, stainless steel appliances, and breakfast bars. The primary suites feature walk-in closets, sliding glass doors that open to the deck, and windows framing views of the bay and Angel Island; primary bathrooms feature tile flooring, floating vanities, and stall showers. An incredible opportunity for an owner-occupant with additional rental income or for those seeking a perfect pied--terre

S
Shana Rohde-Lynch
Listing Agent

Price History

Date
Event
Price
10/29/14
Sold
$3,025,000
Condition Rating
Excellent

Despite being built in 1960, the property has undergone extensive and modern renovations, as evidenced by the description and images. The kitchens feature contemporary white cabinetry, granite countertops, stainless steel appliances, and tile flooring, all appearing virtually new. Bathrooms boast modern floating vanities, updated tile work, and contemporary fixtures. Common areas and living spaces also show recent updates with clean finishes, recessed lighting, and well-maintained flooring. All visible components meet current quality standards with no signs of wear or deferred maintenance, aligning with the criteria for an 'excellent' condition score.
Pros & Cons

Pros

Iconic Panoramic Views: Offers rare, unobstructed panoramic views of the Golden Gate Bridge, San Francisco, the Bay, and Angel Island from every unit, significantly enhancing desirability and value.
Prime Waterfront Location: Situated on the world-renowned Tiburon Peninsula, steps from the waterfront pathway, SF ferry, and Main Street's upscale restaurants and shops, providing unparalleled access and lifestyle.
Luxury Triplex with Premium Amenities: This renovated triplex features an elevator, a grand lobby, 6 dedicated parking spots, and 3 EV charging stations, catering to a high-end clientele.
Versatile Income-Generating Asset: Presents an excellent opportunity for an owner-occupant to generate substantial rental income or for a discerning buyer seeking a luxurious multi-unit pied-à-terre.
Renovated Interiors with High-End Finishes: Each unit boasts modern renovations including granite countertops, stainless steel appliances, private decks, floor-to-ceiling windows, and well-appointed primary suites.

Cons

Limited Lot Size: The 3,511 sqft lot is relatively small for a luxury triplex in this prestigious area, potentially offering limited outdoor private space per unit.
Original Construction Age: Built in 1960, despite renovations, the underlying structure's age may imply potential for older systems or higher long-term maintenance costs compared to newer constructions.
High Investment Threshold: The $7.7 million list price positions this property in a very exclusive market segment, potentially limiting the pool of prospective buyers and extending market time.
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