Realkey.ai
RealKey
‪(213) 433-7766‬

241 Reed Street, Mill Valley, CA 94941, Mill Valley, 94941 - 5 bed, 5 bath

241 Reed Street, Mill Valley, CA 94941 home-pic-0
ACTIVE$4,500,000$5,418/sqft
241 Reed Street, Mill Valley, CA 94941
5Beds
5Baths
5,418Sqft
48,787Lot

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 = 48787, living area = 5418.
Top Cons:
Age of Construction: Built in 1989, the property's age may imply original systems (e.g., plumbing, electrical, HVAC) that could require future updates or maintenance, despite modern cosmetic finishes.

Compared to the nearby listings

Price:$4.50M vs avg $2.07M (+$2,432,500)94%
Size:5,418 sqft vs avg 2,080 sqft97%
Price/sqft:$831 vs avg $1.0K26%

More Insights

Built in 1989 (37 years old).
Condition: Despite being built in 1989, the property has clearly undergone an extensive and recent renovation, bringing it to a virtually new condition. The kitchen features high-end Wolf and Sub-Zero appliances, quartz countertops, and modern cabinetry. Bathrooms are equally updated with contemporary fixtures, floating vanities, and stylish tiling. Throughout the home, dark hardwood floors, modern light fixtures, black-framed windows, and clean white walls create a sophisticated, current aesthetic. All visible components appear new or virtually new, with no signs of deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
1989
Close
-
List price
$4.5M
Original List price
-
Price/Sqft
$831
HOA
$0
Days on market
-
Sold On
-
MLS number
325088963
Home ConditionExcellent
Features
Good View:
Deck
View-

About this home

241 Reed Street offers 5,418 sq ft of modern living across a rare 1.12-acre lot in Mill Valley's Homestead Valley. This 5-bedroom, 4.5-bath residence blends sophisticated design with inviting warmth from the skylit entry with steel-framed doors to expansive rooms flooded with natural light and views. Inside, the family room showcases massive windows framing Mill Valley vistas, while the formal dining and living rooms share a double-sided fireplace. The kitchen anchors daily life with its quartz island, Wolf cooktop, Sub Zero refrigerator, all opening to the family room. Upstairs, oversized bedrooms include an expansive primary suite, junior primary and two additional bedrooms. Outdoor living invites with a manicured lawns, a firepit seating area, and a deck overlooking the valley. A detached au pair adds versatility for guests, family, or creative space. The location delivers the best of MV: serene privacy on an expansive lot, yet minutes from downtown's cafes, shops, and restaurants like Le Marais Bakery and Equator Coffee. Mount Tamalpais trails, Muir Woods, Stinson Beach, and Highway 101 access complete the picture. 241 Reed is a rare find offering scale, thoughtful design, and the perfect balance of natural beauty, community, and convenience that defines Mill Valley living

O
Own Marin
Listing Agent

Nearby schools

8/10
Old Mill Elementary School
Public,•K-5•1.2mi
9/10
Tamalpais Valley Elementary School
Public,•K-5•1.4mi
8/10
Edna Maguire Elementary School
Public,•K-5•1.5mi
9/10
Park Elementary School
Public,•PK-5•1.9mi
8/10
Strawberry Point Elementary School
Public,•K-5•2.1mi
9/10
Mill Valley Middle School
Public,•6-8•0.7mi
8/10
Tamalpais High School
Public,•9-12•0.8mi
Condition Rating
Excellent
Despite being built in 1989, the property has clearly undergone an extensive and recent renovation, bringing it to a virtually new condition. The kitchen features high-end Wolf and Sub-Zero appliances, quartz countertops, and modern cabinetry. Bathrooms are equally updated with contemporary fixtures, floating vanities, and stylish tiling. Throughout the home, dark hardwood floors, modern light fixtures, black-framed windows, and clean white walls create a sophisticated, current aesthetic. All visible components appear new or virtually new, with no signs of deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
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 = 48787, living area = 5418.
Great Schools: Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
Prime Location & Privacy: Situated in Mill Valley's desirable Homestead Valley, offering serene privacy on an expansive 1.12-acre lot while being minutes from downtown amenities, nature trails, and major transport routes.
Expansive Modern Living: Boasts 5,418 sq ft of sophisticated living space, featuring 5 bedrooms and 4.5 baths, designed with abundant natural light, expansive rooms, and a blend of modern aesthetics with inviting warmth.
Gourmet Kitchen: The kitchen is a focal point, equipped with a quartz island, high-end Wolf cooktop, and Sub-Zero refrigerator, catering to a premium culinary experience.
Exceptional Outdoor Amenities & Views: Features meticulously manicured lawns, a dedicated firepit seating area, and a deck providing stunning valley views, ideal for outdoor entertaining and relaxation.
Versatile Detached Unit: Includes a valuable detached au pair unit, offering flexible space for guests, extended family, or a dedicated creative studio/home office.

Cons

Age of Construction: Built in 1989, the property's age may imply original systems (e.g., plumbing, electrical, HVAC) that could require future updates or maintenance, despite modern cosmetic finishes.
Absence of Central Cooling: The description does not mention a central cooling system, which could be a significant consideration for comfort during warmer periods in Mill Valley.
High Price Point: The $4.5 million list price positions this property in a luxury segment, naturally limiting the potential buyer pool, despite its premium features and location.
Browse Properties by State Browse housing market trends by state