226 Magnolia Avenue, San Rafael, CA 94901, San Rafael, 94901 - 13 bed, 4 bath

226 Magnolia Avenue, San Rafael, CA 94901 home-pic-0
ACTIVE$3,490,000$7,910/sqft
226 Magnolia Avenue, San Rafael, CA 94901
13Beds
4Baths
7,910Sqft
57,094Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 57094, living area = 7910.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =57094, other record lot size in square feet = 18700.

Compared to the nearby listings

Price:$3.49M vs avg $1.40M (+$2,090,500)98%
Size:7,910 sqft vs avg 2,091 sqft99%
Price/sqft:$441 vs avg $73912%

More Insights

Built in 1918 (108 years old).
Condition: Built in 1918, this property requires substantial rehabilitation and modernization. The kitchen, while functional, features dated white cabinetry, older appliances (double wall oven, multiple cooktops), and white tile backsplash, suggesting a renovation 20-30+ years ago. No modern bathrooms are visible, and the low ratio of 4 bathrooms for 13 bedrooms indicates a significant need for expansion and modernization. Heating is via radiators, and the overall interior style, including flooring (mix of older hardwood and carpet) and light fixtures, is significantly outdated. The listing itself notes 'Extensive Renovation Required' and 'Low Bathroom-to-Bedroom Ratio,' confirming the need for major system upgrades and interior overhauls to meet contemporary standards.
Year Built
1918
Close
-
List price
$3.49M
Original List price
-
Price/Sqft
$441
HOA
$0
Days on market
-
Sold On
-
MLS number
325076851
Home ConditionPoor
Features
Deck
Patio
View-

About this home

Magnolia House is an iconic estate in San Rafael's coveted Dominican neighborhood. The captivating and expansive Georgian home offers a rare blend of timeless elegance and incredible potential, nestled on over 1.3 level acres of beautiful heritage grounds. The historic facade with its gracious entrance is enhanced by its beautiful detailing and setting. The original home of approximately 3000 sq ft was built in 1918 as a wedding gift. An addition was added in about 1930. It remained a single-family residence until 2007 when a non-profit purchased the property. The interior offers a glimpse of the refined era in the living, dining, and family rooms. The home has thirteen bedrooms. There is also a Carriage House with seven rooms. It could be converted back to garages or other endless possibilities. This is a wonderful opportunity for a new owner to create a grand estate or for an organization to envision a program that would complement the university.

L
Lindy Emrich
Listing Agent
Condition Rating
Poor

Built in 1918, this property requires substantial rehabilitation and modernization. The kitchen, while functional, features dated white cabinetry, older appliances (double wall oven, multiple cooktops), and white tile backsplash, suggesting a renovation 20-30+ years ago. No modern bathrooms are visible, and the low ratio of 4 bathrooms for 13 bedrooms indicates a significant need for expansion and modernization. Heating is via radiators, and the overall interior style, including flooring (mix of older hardwood and carpet) and light fixtures, is significantly outdated. The listing itself notes 'Extensive Renovation Required' and 'Low Bathroom-to-Bedroom Ratio,' confirming the need for major system upgrades and interior overhauls to meet contemporary standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 57094, living area = 7910.
Iconic Estate & Historic Charm: Magnolia House is an iconic Georgian estate offering timeless elegance, a historic facade, and beautiful detailing, preserving the refined character of its era.
Prime & Coveted Location: Nestled in San Rafael's highly coveted Dominican neighborhood, providing a prestigious address and desirable community setting.
Expansive Level Grounds: The property boasts over 1.3 level acres of beautiful heritage grounds (57,094 sqft), offering ample space and privacy.
Significant Size & Versatility: A substantial 7,910 sqft main residence with 13 bedrooms, presenting incredible potential for a grand estate or institutional use.
Additional Carriage House: Includes a separate Carriage House with seven rooms, offering versatile possibilities for conversion, guest quarters, or additional functional space.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =57094, other record lot size in square feet = 18700.
Extensive Renovation Required: Built in 1918, the property likely requires significant investment for modernization, system upgrades, and interior renovations to meet contemporary luxury standards.
Low Bathroom-to-Bedroom Ratio: With 13 bedrooms and only 4 bathrooms, the property has a disproportionately low bathroom count, necessitating substantial additions or reconfigurations for modern living.
Potential for Institutional Modifications: Having been owned by a non-profit since 2007, the interior may have undergone modifications for institutional use, which could require extensive conversion back to a single-family residence layout.
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