263 Camellia Circle, Larkspur, CA 94939, Larkspur, 94939 - 2 bed, 2 bath
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Larkspur, CA 94939
Analysis of 263 Camellia Circle, Larkspur, CA 94939 is currently available with a list price of $382,800. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Larkspur 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.
Property is new construction or fully renovated.
Built in 2014, this property meets the 10-year threshold for excellent condition. The interior is pristine and move-in ready, featuring high ceilings, newer carpets, and updated systems like the water heater. The kitchen is well-equipped with a newer stainless steel refrigerator and well-maintained cabinetry, while the bathrooms show no signs of wear or deferred maintenance.
Ideally situated in the heart of Larkspur, this property offers easy walking access to downtown dining, shopping, and scenic public paths, providing an active and convenient lifestyle.
Built in 2014, this pristine single-level condo features high ceilings, abundant natural light, and recent updates including a newer refrigerator, water heater, and carpets.
Residents benefit from excellent on-site facilities such as a clubhouse, bocce ball court, and BBQ area, complemented by private garage parking and additional storage.
Strict deed restrictions regarding age (55+), income limits, and first-time buyer status significantly narrow the pool of potential buyers and may impact future resale.
The association fee of $1,234 per month is substantial and represents a significant recurring expense that may affect overall affordability for those on fixed incomes.
A grand opportunity at The Terraces, a 55+ community ideally located in the heart of Larkspur. This pristine 1-level condo (with elevator access) has 1181 sq ft, two bedrooms, two full baths, inside laundry and superb high ceilings to let in all its natural light through the many windows. With newer refrigerator, water heater and carpets, it's a move-right-in moment. Sup on your beautiful covered balcony overlooking nature. Enjoy The Terrace's club house, community BBQ area, charming outdoor seating areas and bocce ball court. Situated very near the Mt. Tam Racquet Club for your indoor fitness and Larkspur's public paths for your outdoor workouts. Stroll to idyllic downtown Larkspur for dining, shopping and taking in a film. Private garage and separate storage room, too. Per recorded deed restriction, buyer's gross annual income cannot exceed: $156,000/yr for 1-person household; $178,300/yr 2-pers; $200,550/yr 3-pers; $222,850/yr 4-pers. Must be owner-occupied by first-time buyers (or those who have not owned property within the last three years).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 75% |
| Square foot | 1,181 | 935.5 | 75% |
| Lot Size | 1,185 | 945 | 75% |
| Price | $382.8K | $616.2K | 25% |
| Price per sq ft | $324 | $659 | 25% |
| Built year | 2014 | 1973 | 75% |
| HOA | $1234 | $930 | 75% |
| Days on market | 49 | 104 | 25% |
Mar 4, 2026
$382,800
Initial Listing
Mar 16, 2015
$225,500
Public Record