
Fairfax, CA 94930
This Versatile Residential Income Duplex represents a Prime Investment Opportunity with a List Price of $845,000—positioned well below the $865,136 Fair Market Value by 2%. This valuation gap offers $20,136 in Instant Equity. Maintaining a Condition Rating of 3, the property features new vinyl flooring, butcher block counters, and breathtaking mountain views from an expansive deck. With a projected $6,000 monthly rental income, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to house hack in Fairfax.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 206 Bolinas Road Subject | $845,000* List Price | 0 | 0 | 1,110 | $779 | - |
A 295 Scenic Road Active | $825,000 List Price | 1 | 2 | 1,076 | $767 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1922, the property has been well-maintained and recently refreshed for the market. It features new vinyl wood flooring, fresh paint, and updated kitchen/bath surfaces (butcher block counters). The sewer lateral was replaced in 2019, and the units are move-in ready, though some systems like wall heaters and aluminum windows appear dated.
Situated just a short walk from downtown Fairfax's vibrant shops, cafes, and trails, offering a perfect blend of residential tranquility and urban convenience.
With a projected rental income of up to $6,000 per month and a versatile duplex layout, this property presents a lucrative opportunity for both investors and owner-occupants.
The property features expansive decks and a large backyard with breathtaking views of the rolling hills, epitomizing the classic Marin County indoor-outdoor lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1110, other record living area = 940.
Originally built in 1922, the property may require more frequent maintenance and potential infrastructure updates common with homes of this vintage.
With a total living area between 940 and 1,110 square feet split across two units, the individual living spaces are relatively compact for a multi-unit property.
First time on market in 31 years! This property is ready to occupy or rent at current market rates. Perched above Fairfax with breathtaking views of the rolling hills, this unique duplex offers both charm and opportunity. Just a short stroll from vibrant downtown Fairfax, this property is a rare find for homeowners and investors alike. The upper-level unit features two bedrooms, a bathroom, and an inviting layout perfect for enjoying the serene surroundings. Downstairs, you'll discover a studio complete with a kitchen and bath, offering flexibility for guests, rental income, or a cozy home office. Each unit is freshly painted and the upper unit includes updates in the kitchen and bath. The downstairs studio includes fresh paint, new vinyl wood flooring, new kitchen faucet and butcher block counters and bathroom updates, including new lighting and hardware. The outdoor deck with lots of space and amazing views extends the indoors to the outdoors for the classic Marin outdoor living experience. Outside, a spacious backyard invites outdoor relaxation, gardening, or entertaining. With on-site laundry and ample storage, convenience is built right in. Nestled on a private, large lot, this property combines tranquility with the perks of being just steps from Fairfax's lively shops, cafes, and trails. Note: Assessor measures the units as 940 square feet. Floor Plan Visuals shows 1,110 with 670 SF upstairs and 440 SF downstairs. Total square footage with laundry and storage is 1,295 SF. Overall lot is nearly 5,900 SF. Entire house rented formerly for $3,800. Property could potentially be rented for $6,000 per month. Property listed as a single family property as well. Sewer lateral replaced in 2019.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1922 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 6, 2026
$845,000
Initial Listing
Jul 25, 1995
$202,500
Public Record