2335 Shelter Bay Avenue, Mill Valley, CA 94941, Mill Valley, 94941 - 2 bed, 2 bath

2335 Shelter Bay Avenue
Mill Valley, CA 94941
Property Price
SUMMARY
Analysis of 2335 Shelter Bay Avenue, Mill Valley, CA 94941 is currently available with a list price of $795,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Mill Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1965, has been beautifully updated throughout, making it move-in ready. The kitchen features modern white shaker cabinets, custom soapstone counters, and contemporary appliances (though the refrigerator is stainless while the range/microwave are black). The master bathroom has a modern vanity, fixtures, and a walk-in shower with updated mosaic tiling. The second bathroom also has a new vanity and fixtures, but the tub surround and floor tiling appear older and less recently updated than the rest of the unit. Flooring is clean, light-colored carpet, and light fixtures are modern. While extensively updated, the age of the building and the slightly dated tile in one bathroom prevent it from being classified as 'Excellent'.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Waterfront Location & Accessibility
Situated in a desirable Mill Valley resort community, offering water outlooks and minutes from downtown Mill Valley and the Golden Gate Bridge, providing excellent convenience and lifestyle.
- Extensive Resort-Style Amenities
Residents benefit from a wide array of shared amenities including a renovated pool, clay tennis court, updated docks for kayaking/paddleboarding, modernized clubhouse, EV charging, and scenic waterfront paths.
- Beautifully Updated Interior
The penthouse features a modern open-concept kitchen with custom soapstone counters, updated bathrooms with new vanities and fixtures, and a light-filled living space with a dedicated home office nook.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The $1,338/month HOA fee, while comprehensive in its inclusions, represents a significant ongoing financial commitment for the owner.
- Limited Parking
Only one designated parking space is included, which may be a drawback for households with multiple vehicles or frequent guests.
- Building Age
Built in 1965, despite extensive interior updates and modernized common areas, the underlying structure's age could be a consideration for some buyers regarding long-term maintenance or potential future assessments.
About 2335 Shelter Bay Avenue
Seller is offering to buy down buyer's loan rate or prepay HOA dues. Call for details. This rarely available 2BD/2BA, 1,118 sq. ft. top-floor penthouse condo has been beautifully updated and offers affordable luxury in one of Marin's most all-inclusive resort communities. Bathed in natural light, the spacious living room opens to a deck with water outlooks and includes a light and bright home office space. A separate dining nook is perfect for hosting dinner parties, while the open-concept kitchen with bar seating offers a seamless flow for entertaining, featuring custom soapstone counters, ample cabinetry, and designer tile. Both bathrooms shine with new vanities, fixtures, and neutral tile for a spa-like feel. The $1,338/month HOA covers radiant heat, water, trash, basic Xfinity cable, one parking space, a large storage unit, elevator access, and resort amenities: renovated 8-ft pool with BBQ area & lounge furniture, clay tennis court, updated docks for kayaking & paddleboarding, modernized clubhouse, bike storage, scenic waterfront paths, lush landscaping, and EV charging (fee). Minutes to downtown Mill Valley and the Golden Gate Bridge, this is luxury, convenience, and California living at its finest.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1965
- Lot Size
- 2,801 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1338 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,118 | 1,300 | 29% |
| Lot Size | 2,801 | 1,104.5 | 79% |
| Price | $795.0K | $1.13M | 36% |
| Price per sq ft | $711 | $851 | 21% |
| Built year | 1965 | 1982 | 14% |
| HOA | $1338 | $1.1K | 64% |
| Days on market | 326 | 164 | 0% |
Pricing History
Listed for Sale
Apr 15, 2025
$795,000
Initial Listing
Sold
Jun 24, 2020
$700,000
Public Record
Sold
Dec 10, 2013
$565,000
Public Record
Sold
Jun 19, 2007
$535,000
Public Record
Sold
Aug 10, 2005
$175,000
Public Record




































