250 Prospect Drive, San Rafael, CA 94901, San Rafael, 94901 - 3 bed, 2 bath

250 Prospect Drive
San Rafael, CA 94901
Property Price
SUMMARY
Analysis of 250 Prospect Drive, San Rafael, CA 94901 reveals a property with a current list price of $949,000, which is 6% above the estimated $894,882 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 250 Prospect Drive Subject | $949,000* List Price | 3 | 2 | 1,267 | $706 | - |
A 231 Center Street Sold | $1,050,000 | 3 | 3 | 1,668 | $629 | 0.9 mi |
B 235 Mountain View Avenue Sold | $995,000 | 2 | 1 | 1,236 | $805 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1967 and explicitly described as 'yet-to-be revitalized' and a 'candidate for an investor,' this property requires substantial rehabilitation. The listing indicates the home lacks modern updates, suggesting that the kitchen, bathrooms, and major infrastructure are likely original or significantly outdated, necessitating a full renovation to meet current living standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Ideally situated near downtown San Rafael, Highway 101, and the Smart Train, providing excellent accessibility to local amenities, dining, and commuting routes to San Francisco.
- Significant Equity Potential
Located in a neighborhood of high-quality renovated homes, this property offers a 'progression' value opportunity for investors or families to build substantial equity through revitalization.
- Functional Layout and Storage
The home features a versatile floor plan including a family room, outdoor decks, and a partial basement that provides ample additional storage space.
CONSRISKS & DEFICIENCIES
- Unimproved Condition
The property is in a 'yet-to-be revitalized' state, requiring a significant investment of time and capital for modern upgrades and repairs to meet current market standards.
- Dated Infrastructure
Built in 1967 and lacking recent updates, the home likely requires modernization of its original systems and finishes to compete with the surrounding renovated properties.
About 250 Prospect Drive
To the north of downtown San Rafael, up the hill, you will find this 3 bed/2 bath home that is characterized by the real estate term: Progression. The definition of that term is the phenomenon of the value of a property being lifted up by dint of being surrounded by fine quality homes. As you drive through the neighborhood, you will see that many of the homes here have undergone a pleasing Marin County style revivification, to the extent that this particular property, due to its yet-to-be revitalized status, is ready to take advantage of its progression. It could be a candidate for an investor or a family wanting to redesign with personal touches; adding value either way. What you will end up with is a fine home near the most important attractions and features of Marin County living: proximity to freeway 101, to the Smart Train, to downtown restaurants and shops, to the quaint small towns that flavor the Marin County lifestyle, to San Francisco, to the miles and miles of pristine open space as you head toward the west beyond Fairfax, and, and, and. The house itself has a fireplace, a garage, living room, family room with decks as well as a partial basement with loads of storage space. You will find the transformation potential here seductive. Come take a look.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1967
- Lot Size
- 6,050 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,267 | 2,054 | 12% |
| Lot Size | 6,050 | 8,050 | 29% |
| Price | $949.0K | $1.43M | 13% |
| Price per sq ft | $749 | $740 | 51% |
| Built year | 1967 | 1956 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 178 | 1% |
Pricing History
Listed for Sale
Mar 3, 2026
$949,000
$995,000
-5% Price Drop
Initial Listing
Price Change
Feb 20, 2026
$995,000
Initial Listing













































