215 Madrone Avenue, Larkspur, CA 94939, Larkspur, 94939 - 3 bed, 3 bath
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Larkspur, CA 94939
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $2,395,000—positioned well below the $2,542,912 Fair Market Value by 5%. This valuation gap offers $147,912 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, EV Chargers, and a serene Redwood Grove View. Located near Top-Rated Schools like Redwood High, this property is an ideal acquisition for Owner-Occupants or discerning professionals seeking a turnkey retreat in Larkspur.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 215 Madrone Avenue Subject | $2,395,000* List Price | 3 | 3 | 2,066 | $1,231 | - |
A 253 W Baltimore Avenue Active | $2,450,000 List Price | 3 | 3 | 1,760 | $1,392 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1977 but shows evidence of a high-quality renovation likely performed 10-15 years ago. The kitchen features granite countertops and stainless steel appliances, and the home includes modern upgrades like EV chargers. It is well-maintained and move-in ready.
Situated in the heart of Madrone Canyon, the property offers unparalleled walkability to downtown Larkspur's amenities and immediate access to world-class hiking trails and top-rated schools.
The home features a thoughtful separation of space with a sunlit breezeway, high ceilings, and a primary suite on its own level, all integrated seamlessly into a serene redwood grove setting.
Beyond the main bedrooms, the property includes a finished attic, a dedicated office/nursery, and a climate-controlled bonus room suitable for wine storage or a home gym, maximizing the 2,066 sqft footprint.
With a lot size of only 3,642 square feet, outdoor space is relatively compact for the price point, which may limit traditional yard activities or future expansion possibilities.
The property's proximity to a creek and dense redwood grove, while beautiful, may necessitate more frequent exterior maintenance and could impact insurance availability or premiums in a canyon zone.
Located in the heart of beautiful Madrone Canyon just a few flat blocks to both downtown Larkspur and endless hiking trails, 215 Madrone Avenue is a soulful and magical retreat. The home features three bedrooms plus an office or nursery (could be 4th bedroom), and an ideal layout with great separation of space and connection to the natural beauty outside. Built around a redwood grove with high ceilings and skylights throughout, the front portion of the home includes the main living spaces, with the primary bedroom/bath and office or nursery on its own level upstairs. A sunlit breezeway leads to two additional spacious bedrooms and bath in a separate wing at the rear of the house. Near the rear bedrooms is a pull-down ladder to a generous finished attic space, great for storage or kids' hangout. Enjoy lounging on the back deck overlooking the creek and hiking trail, or summer nights dining al fresco in the captivating outdoor courtyard among the trees. Downstairs is a two-car garage with EV chargers, plus an additional bonus room providing naturally climate-controlled wine storage or work/exercise space. All of this just a stone's throw from the shops and restaurants of downtown Larkspur, Dolliver Park, award-winning schools, transportation, and the hiking trails of Baltimore Canyon, King Mountain, and the Mt Tam Watershed. A truly special property, you won't want to miss it!
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 2,066 | 2,226 | 44% |
| Lot Size | 3,642 | 8,124 | 11% |
| Price | $2.40M | $2.40M | 50% |
| Price per sq ft | $1.2K | $1.2K | 50% |
| Built year | 1977 | 1975 | 56% |
| HOA | $0 | $100 | 44% |
| Days on market | 5 | 129 | 11% |
Jun 1, 2026
$2,395,000
Initial Listing
Mar 27, 2007
$1,220,500
Public Record
Oct 20, 2004
$899,000
Public Record
Jun 19, 1996
$485,000
Public Record