226 Magnolia Avenue, San Rafael, CA 94901, San Rafael, 94901 - 13 bed, 4 bath
226 Magnolia Avenue
San Rafael, CA 94901
Property Price
SUMMARY
Analysis of 226 Magnolia Avenue, San Rafael, CA 94901 is currently available with a list price of $3,490,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the San Rafael Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1918 and used as a non-profit facility since 2007, this historic estate suffers from significant functional obsolescence, evidenced by a 13-bedroom to 4-bathroom ratio. The property requires substantial rehabilitation and a total reconfiguration of the interior to modernize the kitchen, bathrooms, and major systems. While architecturally significant, it currently lacks the features of a modern residence and requires extensive capital investment to be made livable to current standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
- Expansive Heritage Grounds
Situated on over 1.3 level acres in the prestigious Dominican neighborhood, this property offers a rare combination of massive scale and prime location that is nearly impossible to find.
- Architectural Significance
The iconic 1918 Georgian estate features timeless elegance and historic detailing, providing a unique character and prestigious curb appeal that defines luxury real estate.
CONSRISKS & DEFICIENCIES
- 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 Needs
Having served as a non-profit facility since 2007, the interior requires significant capital investment and modernization to return it to a high-end residential standard.
- Functional Obsolescence
The current layout of 13 bedrooms and only 4 bathrooms reflects its institutional history and presents a major functional challenge for modern luxury living without a total reconfiguration.
About 226 Magnolia Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1918
- Lot Size
- 57,094 Sq. Ft.
Interior
- Total Bedrooms
- 13
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 13.0 | 3.0 | 99% |
| Baths | 4.0 | 3.0 | 82% |
| Square foot | 7,910 | 2,078 | 99% |
| Lot Size | 57,094 | 8,120 | 95% |
| Price | $3.49M | $1.45M | 97% |
| Price per sq ft | $441 | $738 | 7% |
| Built year | 1918 | 1956 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 179 | 178 | 55% |
Pricing History
Listed for Sale
Sep 9, 2025
$3,490,000
Initial Listing