
San Rafael, CA 94903
This property presents a High-Potential Investment Opportunity with a List Price of $965,000—positioned well below the $919,522 Fair Market Value by -4%. While the home carries a Condition Rating of 4, its 7,501 sqft lot and 3-bedroom layout provide a solid foundation for value-add renovations. Located in the desirable San Rafael Meadows near top-rated schools like Terra Linda High, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through modernization in a prime, community-focused neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23 Corrillo Drive Subject | $965,000* List Price | 3 | 1 | 1,073 | $857 | - |
A 32 Jefferson Avenue Sold | $750,000 | 2 | 1 | 828 | $906 | 0.6 mi |
B 124 N San Pedro Road Pending | $750,000 List Price | 2 | 2 | 1,053 | $712 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this 74-year-old property is significantly past the 20-year threshold for 'Fair' condition. While the hardwood floors appear well-maintained and the home is livable, the lack of mentioned updates to the single bathroom, kitchen, or major systems (HVAC/Electric), combined with the agent's note to 'make it your own,' indicates the home is dated and requires modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7501, living area = 1073.
Situated in the highly sought-after San Rafael Meadows, the property offers a strong sense of community and excellent proximity to Highway 101, schools, and local amenities.
The generous 7,501 square foot level lot provides significant outdoor space for gardening, entertaining, or potential future expansions, which is a rare find at this price point.
With three bedrooms and only one bathroom, the home may present a functional challenge for modern families or buyers seeking multiple facilities.
Built in 1950 and marketed as an opportunity to 'make it your own,' the property likely requires updates to its systems and finishes to meet contemporary standards.
Welcome to this charming 3-bedroom, 1-bath home offering 1,073 square feet of comfortable living in the highly sought-after San Rafael Meadows neighborhood. Filled with warmth and natural light, the inviting living room features a cozy fireplace, creating the perfect gathering space. Situated on a generous, level lot, the expansive backyard offers endless possibilities for gardening, play, entertaining, or creating your dream outdoor retreat. A welcoming front porch provides the perfect spot to relax and enjoy this wonderful neighborhood, known for its festive holiday celebrations, annual block parties, and strong sense of community. A spacious garage offers excellent everyday convenience with room for parking, storage or a workshop. Ideally located near parks, schools, shopping, restaurants, the farmers' market, and everyday amenities, with quick access to Highway 101 for an easy commute throughout Marin, San Francisco, and the greater Bay Area. This special property combines comfort, convenience, and the opportunity to make it your own in one of San Rafael's most beloved neighborhoods.
No exterior & parking available.
Grades K-8 • 0.9 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,073 | - |
| Lot Size | 7,501 | - |
| Price | $965.0K | $1.54M |
| Price per sq ft | $899 | $784 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 20 | 36 |
Jul 2, 2026
$965,000
Initial Listing