215 Bungalow Avenue, San Rafael, CA 94901, San Rafael, 94901 - 3 bed, 2 bath
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San Rafael, CA 94901
This Mid-Century Hillside Retreat is a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,203,322 Fair Market Value by 8%. This valuation gap provides $103,322 in Instant Equity for buyers. In Move-in Ready Condition, the home features vaulted wood-beam ceilings, hardwood floors, and a unique "tree house" aesthetic overlooking a seasonal stream. Located minutes from downtown and near Laurel Dell Elementary, it balances architectural charm with significant financial upside. This is an ideal acquisition for Owner-Occupants seeking a serene sanctuary or Buy-and-Hold Investors looking for a stable Marin County asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 215 Bungalow Avenue Subject | $1,100,000* List Price | 3 | 2 | 1,764 | $682 | - |
A 10 Hazel Court Sold | $995,000 | 3 | 2 | 1,629 | $611 | 0.3 mi |
B 81 Rose Street Sold | $1,400,000 | 5 | 3 | 1,941 | $721 | 0.6 mi |
C 141 Irwin Street Sold | $1,410,000 | 3 | 2 | 1,958 | $720 | 0.5 mi |
D 6 Madrona Street Sold | $1,150,000 | 3 | 2 | 1,429 | $805 | 0.8 mi |
E 253 Irwin Street Pending | $1,250,000 List Price | 3 | 2 | 1,551 | $806 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This mid-century home is move-in ready and exceptionally well-maintained. It features desirable architectural elements like vaulted wood-beam ceilings and hardwood flooring. While the kitchen and bathrooms reflect older styles—specifically the knotty pine cabinetry and pedestal sink—they are in clean, functional condition and are enhanced by updated stainless steel appliances. The exterior decking and siding appear well-kept, and the overall presentation suggests regular upkeep without the need for immediate major repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7401, living area = 1764.
The home features classic mid-century elements like exposed wood beams and floor-to-ceiling windows, creating a unique 'tree house' aesthetic that blends seamlessly with the wooded surroundings.
With a full lower-level family area, separate deck, and multiple bedrooms, the layout provides excellent versatility for a home office, guest suite, or creative studio.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1764, other record living area = 1643.
The galley-style kitchen, though charming and updated with stainless appliances, may feel restrictive for those who prefer a more open-concept or expansive culinary space.
The hillside location and presence of a seasonal stream may necessitate ongoing attention to drainage and specialized landscaping maintenance typical of Marin’s canyon properties.
A home in the hills of south San Rafael provides an outstanding balance of what makes Marin County so special: A peaceful wooded setting in an area with great year round weather and convenient access to schools, shopping and services and to regional transportation. The Picnic Valley neighborhood allows one to take advantage of all of this: a morning or evening walk among quaint hillside homes or open spaces with towering trees. This house, isolated from busy streets but very accessible, benefits from surrounding undeveloped hillsides but nearby, friendly neighbors. The mid-century house has been remodeled to take advantage of the site including a seasonal stream with multiple small waterfalls. The house is all about taking advantage of the views of the wooded setting outside coupled with exposed wood beams and ceilings on the upper floor and knotty pine cabinets in the kitchen. The open living and dining area is focused on the fireplace and framed by windows that give one the feeling of living in a tree house. Sliding glass doors look out toward a large old growth redwood. The galley kitchen is full of charm, with the wood cabinetry, stainless appliances, and windows on two sides that keep things bright. Just beyond it, the dining area flows naturally into the living space. On this level a primary bedroom and adjacent sitting room wrapped in glass offers a calm, light-filled space that feels entirely removed from the rest of the world. A bathroom and space next to the stairs (e.g. office, reading/library, etc) and walk-in entry closet round out this level. Head downstairs and you'll find a second full living/ family area with a wall of glass looking out to a natural area, and a washer/dryer surrounded by cabinetry. Two additional bedrooms, a full bath, walk-in storage, and a separate deck make the lower level incredibly versatile. Whether you need a home office, a guest suite, a creative studio, or all three, the layout gives you flexibility. Outside, the property is lush and private, with mature trees, natural landscaping but opportunities for planting and gardening and deck areas that make spending time outdoors genuinely appealing year-round. The setting feels worlds away while you're only minutes from downtown San Rafael, Highway 101, restaurants, parks, shopping and some of the best hiking and outdoor recreation in the Bay Area. All of it wrapped in wood, light, and trees.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-4 • 0.9 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,764 | 2,002 | 30% |
| Lot Size | 7,401 | 8,324 | 36% |
| Price | $1.10M | $1.36M | 34% |
| Price per sq ft | $624 | $662 | 43% |
| Built year | 1963 | 1955 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 203 | 1% |
Apr 9, 2026
$1,100,000
Initial Listing