
San Rafael, CA 94901
This Waterfront Duplex represents a Prime Investment Opportunity, listed at a List Price of $1,950,000—positioned well below the $2,020,473 Fair Market Value by 3%. This valuation gap provides $70,473 in Instant Equity. Featuring a Condition Rating of 2, the property offers modern updates, private boat docks, and panoramic Mt. Tam views. With 4,720 sqft of versatile living space, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking high-yield rental income or multigenerational living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 Mooring Road Subject 0 bd · 0 ba · 4,720 sqft · $413 | $1,849,000* List Price | 0 | 0 | 4,720 | $413 | - |
A 31 Valencia Avenue Active 0 bd · 0 ba · 3,264 sqft · $429 · 0.5 mi | $1,399,000 List Price | 0 | 0 | 3,264 | $429 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1974, the property has undergone significant recent renovations. Unit 22 features a high-end modern kitchen with integrated-style cabinetry and newer luxury vinyl plank flooring, appearing to be a renovation within the last 5 years. Unit 22A is also updated with an EV charger and modern appliances. The exterior, private docks, and systems like central heat are well-maintained, presenting a move-in ready, mint-condition investment.
The property features private boat docks on San Rafael Creek with direct Bay access and stunning Mt. Tam views, a rare and highly desirable lifestyle feature in Marin County.
Each unit in this duplex spans 2,360 square feet, offering the size and layout of a single-family home, providing significant versatility for multigenerational living or high-yield rental income.
Situated minutes from Montecito Shopping Center, Andy’s Local Market, and Highway 101, the property perfectly balances a serene waterfront setting with convenient urban access.
While Unit 22 is modernized with luxury vinyl flooring, Unit 22A is described as having 'timeless charm,' suggesting it may require additional capital investment to match the other unit's finish level.
Built in 1974, the property may necessitate higher ongoing maintenance costs, particularly regarding the infrastructure of the private docks and exterior elements exposed to the waterfront environment.
Wake up to Mt. Tam views, step onto your private dock, and be on the Bay in minutes, 22-22A Mooring Road puts waterfront living within reach in the heart of Marin County. This rare opportunity delivers two generously sized, townhouse-style homes in one distinctive property- each spanning 2,360 square feet, with scale and versatility seldom found in a duplex. Unit 22 features three bedrooms, three full bathrooms, and is polished and modern throughout, including newer luxury vinyl plank flooring on the main level. Enjoy comforts such as central heat, interior laundry, its own private deck, a balcony off the primary suite and two dedicated parking spaces. Unit 22A offers three bedrooms, two and one-half bathrooms, an EV charger and a warm interior with timeless charm. Also featuring central heat, interior laundry, its own private deck, a balcony off the primary suite and two dedicated parking spaces. Both units share Mt. Tam views and their own boat docks along San Rafael Creek, an exceptional connection to the water. The location is equally convenient, just minutes from Montecito Shopping Center, Andy's Local Market, downtown San Rafael, Highway 101 access, dining and shopping. This property offers exceptional flexibility in a setting that's nearly impossible to replicate- Perfect for owners wanting extra income, multigenerational living, and investors of all sorts. 22-22A Mooring Road offers a rare combination of space and waterfront access that's hard to find anywhere else in Marin.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 4,720 | 3,704.667 |
| Lot Size | 7,000 | 6,959.333 |
| Price | $1.85M | $1.38M |
| Price per sq ft | $392 | $372 |
| Built year | 1974 | 1942 |
| HOA | $0 | $0 |
| Days on market | 46 | 58 |
Sep 29, 2026
$1,849,000
$1,950,000
-5% Price Drop
Initial Listing
Sep 8, 2026
$1,950,000
Initial Listing
Oct 18, 2016
$2,400,000
Public Record
Jul 28, 2015
$700,000
Public Record
Mar 10, 2014
$600,000
Public Record