201 Ridgeway Avenue, Fairfax, CA 94930, Fairfax, 94930 - 2 bed, 2 bath
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201 Ridgeway Avenue
Fairfax, CA 94930
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,224Sq Ft
12,907Lot Size
Property Price
LIST PRICE$849,000
EST. MARKET VALUE
$770,689
10% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $849,000—positioned well above the $770,689 Fair Market Value by -10%. While the pricing reflects a premium, the 12,907-square-foot lot and separate lower-level studio provide significant Development Potential and Flexible Living Space. With a Condition Rating of 4, the home requires modernization, making it a strategic Value-Add Asset. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the expansive lot for future expansion.
Estimated Market Value
$770,689
Based on Realkey algorithm analyzing recent comparable sales in Fairfax.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 201 Ridgeway Avenue Subject | $849,000* List Price | 2 | 2 | 1,224 | $630 | - |
A 34 Hillside Drive Sold | $700,000 | 3 | 2 | 1,320 | $530 | 0.7 mi |
B 295 Scenic Road Active | $825,000 List Price | 2 | 2 | 1,076 | $767 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1949, the home is functional and move-in ready but significantly dated. The kitchen features an older electric coil stove and basic painted cabinetry, while the bathrooms and studio kitchenette show signs of age exceeding 20 years. The listing's emphasis on 'future development' and 'room to imagine what comes next' further indicates that the property is a candidate for major updates or expansion.
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 = 12907, living area = 1224.
- Flexible Living Space
The separate lower-level studio with a full bath offers excellent versatility, serving as an ideal guest suite, home office, or rental opportunity.
- Development Potential
The expansive 12,905-square-foot through lot is unusually large for the area, providing significant privacy and rare potential for future expansion or ADU development.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1224, other record living area = 907.
- Aging Infrastructure
Built in 1949, the home may require significant capital investment for modernizing systems and structural components to meet current building standards.
- Compact Main Footprint
With only 1,224 square feet of living space and a 2-bedroom, 1-bath main level, the interior may feel restrictive for growing families or those requiring larger communal areas.
About 201 Ridgeway Avenue
Set among mature oaks in Fairfax Heights, this home offers a rare mix of privacy, natural beauty, and easy access to everything that makes Fairfax special. Multiple decks create opportunities for quiet seclusion and outdoor living, while downtown Fairfax is just moments away. The main level has two bedrooms and one bath, with large windows framing peaceful views of the surrounding trees. A separate lower-level studio with full bath offers flexibility, ideal for guests, a home office, or a creative retreat. The expansive 12,905-square-foot through lot offers an uncommon sense of space and privacy in one of Marin's most beloved communities. Enjoy everything people love about Fairfax, from acclaimed restaurants and live music to local shops, a famously relaxed and community-minded spirit, and easy access to some of the Bay Area's best hiking and mountain biking. A rare opportunity to enjoy the quintessential Fairfax lifestyle in a serene, oak-studded setting, with an exceptional sense of space and privacy.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 12,907 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,224 | 1,630 |
| Lot Size | 12,907 | 7,294 |
| Price | $849.0K | $1.23M |
| Price per sq ft | $694 | $721 |
| Built year | 1949 | 1959 |
| HOA | $0 | $0 |
| Days on market | 15 | 38 |
Pricing History
Listed for Sale
Aug 25, 2026
$849,000
Initial Listing
Sold
Aug 23, 2018
$660,000
Public Record