256 Sausalito Street, Corte Madera, CA 94925, Corte Madera, 94925 - 3 bed, 2 bath
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256 Sausalito Street
Corte Madera, CA 94925
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,848Sq Ft
6,750Lot Size
Property Price
LIST PRICE$1,499,000
EST. MARKET VALUE
$1,545,526
3% BelowMARKET VALUE
SUMMARY
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $1,499,000—positioned well below the $1,545,526 Fair Market Value by 3%. This valuation gap offers $46,526 in Instant Equity. While the home has a Condition Rating of 4, its stunning views and spacious 6,750 sqft lot provide a solid foundation for modernization. Located near top-rated schools like Park Elementary and Mill Valley Middle, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$1,545,526+$46,526 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Corte Madera.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1947 (77 years old) and the listing description lacks any mention of recent renovations to the kitchen, bathrooms, or major systems. While described as 'inviting,' the age and lack of update history suggest the interior is likely dated (>20 years) and requires cosmetic and functional modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Park Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
- Prime Location & Lifestyle
Situated in a highly sought-after Marin County community, the property offers immediate access to premier hiking trails, parks, and the vibrant shopping and dining districts of Corte Madera and Larkspur.
- Exceptional School District
The home is served by top-tier public schools, including Neil Cummins Elementary and Redwood High, which consistently receive high ratings and add significant long-term value to the property.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally built in 1947, the property may require significant capital investment to modernize essential systems and interior finishes to meet contemporary luxury standards.
- Potential Topographical Constraints
Given the emphasis on views in this specific geography, the lot may feature sloped terrain, which could limit usable outdoor flat space for recreation or future structural expansions.
About 256 Sausalito Street
Enjoy stunning views and an exceptional Marin lifestyle from this inviting 3-bedroom, 2-bath home offering approximately 1,848 square feet of living space on a spacious 6,750 square feet. Thoughtfully positioned to take advantage of its beautiful outlook, the home provides a wonderful setting for comfortable everyday living and entertaining. The desirable Corte Madera location places you close to parks, open space, hiking and biking trails, shopping, dining, and the vibrant amenities of both Corte Madera and neighboring Larkspur. Commuters will appreciate convenient access to US-101, providing a direct route south to San Francisco and north throughout Marin and Sonoma counties, as well as access to the Richmond-San Rafael Bridge and East Bay. A wonderful opportunity to enjoy views, convenience, recreation, and easy connectivity in one of Marin County's most sought-after communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 6,750 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
Corte Madera Unified Schools
Neil Cummins Elementary School
Grades K-5 • 0.4 mi
8/10
Edna Maguire Elementary School
Grades K-5 • 1.1 mi
8/10
Park Elementary School
Grades PK-5 • 1.7 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,848 | 1,854.8 |
| Lot Size | 6,750 | 7,081.333 |
| Price | $1.50M | $2.09M |
| Price per sq ft | $811 | $1.1K |
| Built year | 1947 | 1953 |
| HOA | $0 | $128 |
| Days on market | 9 | 31 |
Pricing History
Listed for Sale
Oct 15, 2026
$1,499,000
Initial Listing
Sold
Sep 12, 2006
$734,500
Public Record
Sold
Jul 29, 2005
$775,000
Public Record
Sold
Nov 7, 2002
$590,000
Public Record