260 Blackfield Drive, Tiburon, CA 94920, Tiburon, 94920 - 4 bed, 3 bath
260 Blackfield Drive
Tiburon, CA 94920
Property Price
SUMMARY
Analysis of 260 Blackfield Drive, Tiburon, CA 94920 reveals a Prime Investment Opportunity with a current list price of $2,500,000—significantly undercutting the $2,832,886 Fair Market Value by 11%. This valuation gap indicates a +$332,886 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Tiburon 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 260 Blackfield Drive Subject | $2,500,000* List Price | 4 | 3 | 2,353 | $1,204 | - |
A 10 E Terrace Sold | $2,750,000 | 3 | 2 | 2,056 | $1,338 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1969, this property is described as 'beautifully-maintained' rather than 'renovated,' suggesting it retains much of its original or older character. While move-in ready and functional, the 2.5 bathroom count for a four-bedroom home and the 1960s architecture indicate the property is aged and likely features outdated styles and systems that have not seen a major overhaul in the last 15 years.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 13159, living area = 2353.
- Great Schools
Elementary School: Bel Aire Elementary School (9/10). Middle School: Del Mar Middle School (9/10).
- Prime Location & Schools
Situated in the prestigious Reed School District and within walking distance to Bel Aire Elementary, this home offers exceptional convenience for families and easy access to Highway 101.
CONSRISKS & DEFICIENCIES
- Dated Architecture
Built in 1969, the home may require cosmetic or structural modernizations to meet the aesthetic expectations of contemporary luxury buyers in the Tiburon market.
- Limited Bathroom Count
For a four-bedroom residence at this price point, the 2.5-bathroom configuration may be seen as a limitation for larger families or those seeking more private en-suite facilities.
About 260 Blackfield Drive
Quiet. Convenient. Spacious and bright. Welcome to 260 Blackfield Drive, a beautifully-maintained, four bedroom and 2 1/2 bath home with fine views of Richardson Bay, Harbor Point and Sausalito. Take in the view as you enter the main level, greeted by a large living room with large windows and sliding doors to a long balcony. Next a connected dining room and eat-in kitchen with a center island and access to a front patio and garden. Down the hall is a large primary suite with large bathroom and a separate half bath for dinner guests. Downstairs features a nice family room with access to the very private backyard, three bedrooms with generous shared bathroom, and a separate laundry area. A two-car garage and driveway for 2 additional cars completes the over 13,160 square foot lot. Located in a wonderfully convenient part of Tiburon in the award winning Reed School District, this property is a short distance to the Cove Shopping Center, the walking paths of Blackie's Pasture, Congregation Kol Shofar, Reed Ranch Trailhead, Harbor Cove and Highway 101.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 13,159 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Tiburon Unified Schools
Bel Aire Elementary School
Grades 3-5 • 0.1 mi
Strawberry Point Elementary School
Grades K-5 • 0.5 mi
Edna Maguire Elementary School
Grades K-5 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,353 | 3,408 | 29% |
| Lot Size | 13,159 | 13,574.5 | 48% |
| Price | $2.50M | $4.23M | 10% |
| Price per sq ft | $1.1K | $1.3K | 17% |
| Built year | 1969 | 1965 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 188 | 2% |
Pricing History
Listed for Sale
Feb 23, 2026
$2,500,000
Initial Listing