
San Rafael, CA 94903
This Modernized Turnkey Condominium is a Strong Value Opportunity, listed at $375,000—positioned well below the $394,650 Fair Market Value by 4%. This valuation gap provides $19,650 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the interior features a refreshed kitchen with stainless steel appliances, new wide-plank flooring, and a private balcony overlooking the community pool. Located in desirable Terra Linda near commuter routes and parks, this home balances lifestyle convenience with immediate financial upside. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready Marin sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 260 Merrydale Road 14 Subject | $339,000* List Price | 2 | 1 | 850 | $452 | - |
A 1020 Los Gamos Road M Sold | $374,000 | 2 | 1 | 850 | $440 | 1.0 mi |
B 260 Merrydale Road #5 Active | $399,000 List Price | 2 | 1 | 850 | $469 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building was originally constructed in 1962, the unit itself has undergone an extensive and high-quality renovation within the last 5 years. The kitchen is fully modernized with new white shaker-style cabinetry, stainless steel appliances, and updated countertops. The interior features new wide-plank flooring in the living areas, plush new carpeting in the bedrooms, fresh paint, and updated recessed lighting. The property is in move-in-ready condition with no visible deferred maintenance, meeting the criteria for an excellent rating due to the comprehensive nature of the recent updates.
The unit features contemporary upgrades including new flooring, plush carpet, and a refreshed kitchen with stainless steel appliances, making it entirely move-in ready.
Situated in a highly desirable San Rafael neighborhood, the property offers excellent proximity to shopping, dining, parks, and major commuter routes.
A private balcony overlooking the community pool provides a peaceful outdoor retreat and a pleasant view that enhances the home's relaxed atmosphere.
The monthly association fee of $1,010 is notably high for this price point, which may impact a buyer's monthly carrying costs and overall affordability.
Built in 1962, the 850-square-foot layout includes only one bathroom, which may be a constraint for small families or those seeking more modern spatial configurations.
Welcome to this beautifully updated 2-bedroom, 1-bath condo in desirable Terra Linda, where comfort, convenience, and style come together. This light-filled unit features super nice updates throughout, including upgraded flooring, plush new carpet, and a refreshed kitchen designed for both function and style. The kitchen showcases stainless steel appliances, modern finishes, and a clean, contemporary feel perfect for everyday living and entertaining. Enjoy your morning coffee or unwind in the evening on your private balcony overlooking the community pool a peaceful setting that adds to the home's relaxed vibe. Ideally located near shopping, dining, parks, and commuter routes, this home offers easy access to everything Marin has to offer, from vibrant downtown amenities to nearby hiking and outdoor recreation. A fantastic opportunity to own a move-in-ready home in one of Marin County's most sought-after communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 850 | 1,002.5 | 28% |
| Lot Size | 1,002 | 1,080 | 48% |
| Price | $339.0K | $420.0K | 37% |
| Price per sq ft | $399 | $466 | 41% |
| Built year | 1962 | 1985 | 7% |
| HOA | $1010 | $2.0K | 48% |
| Days on market | 54 | 220 | 2% |
Apr 19, 2026
$339,000
$375,000
-10% Price Drop
Initial Listing
Feb 27, 2026
$375,000
Initial Listing
May 7, 2004
$286,000
Public Record
Oct 24, 2002
$245,000
Public Record
Apr 19, 1996
$227,181
Public Record