
San Rafael, CA 94901
This Single Family Residence presents a Strong Value Opportunity with a List Price of $899,000—positioned well below the $947,513 Fair Market Value by 5%. This valuation gap offers $48,513 in Instant Equity. Featuring a Condition Rating of 4, the home offers vintage character with a versatile downstairs studio for rental income. Located in the desirable Gerstle Park neighborhood near top-rated schools like Ross Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 Miramar Avenue Subject | $899,000* List Price | 3 | 2 | 1,598 | $593 | - |
A 215 Bungalow Avenue Sold | $1,100,000 | 3 | 2 | 1,764 | $624 | 1.0 mi |
B 11 San Rafael Avenue Pending | $699,000 List Price | 4 | 2 | 1,369 | $511 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1939 and on the market for the first time since, the property is well-maintained but significantly dated. While it features newly refinished hardwood floors and new laminate in the kitchen, the kitchen cabinetry, wall oven, and overall aesthetic are vintage (>20 years old). The home is move-in ready but requires modernization of its primary systems and interiors to meet current standards.
Middle School: Ross Elementary School (9/10).
Situated in the highly desirable Gerstle Park neighborhood, the property offers a high walkscore with convenient access to downtown San Rafael's shops, restaurants, and seasonal farmers' markets.
The inclusion of a separate downstairs studio with its own entrance, full bathroom, and kitchenette provides excellent potential for rental income, a home office, or multi-generational living.
While well-maintained, the kitchen's laminate flooring and older appliance configurations may require a modern renovation to meet the expectations of contemporary buyers.
Being on the market for the first time since 1939, the property likely contains older mechanical and electrical systems that may necessitate significant updates or repairs.
A home with many beautiful memories and history. First time on the market since built. Single level 3 bedrooms and 1 bath on ground level, easy flow from the flat front patio with landscaped area and many mature plants. Vintage vibe of open beam ceiling, built-in bookcases and wood paneling walls in living/dining room. Large window in dining area provides a view of trees and hills. Newly refinished hardwood floors throughout. Electrical cooktop and wall oven in kitchen with new laminated flooring. Cedar lined closet in the sizeable front bedroom. Bathroom has low curb shower, black stone countertop vanity and tiled floor. Two additional bedrooms. Studio downstairs with separate entrance, full bathroom, sink and refrigerator. In the back, large level flagstone and brick patio with covered shingle roof, outdoor fireplace, and sink/counter area. A gently sloping deep back lot with lovely magnolia tree, and several potential gardening areas. Located in the desirable hill of Gerstle Park. High walkscore, easy stroll to downtown farmer's market, many events and festivals, shops, and restaurants.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.2 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,598 | 2,044.835 |
| Lot Size | 6,721 | 8,527.785 |
| Price | $899.0K | $1.70M |
| Price per sq ft | $563 | $812 |
| Built year | 1939 | 1958 |
| HOA | $0 | $278 |
| Days on market | 35 | 35 |
Aug 5, 2026
$899,000
Initial Listing