280 Prospect Drive, San Rafael, CA 94901, San Rafael, 94901 - 3 bed, 2 bath
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San Rafael, CA 94901
This Versatile Multi-Unit Residence is a Strong Value Opportunity, listed at $995,000—aligning with its $995,000 Fair Market Value. The property holds a Good Condition Rating, featuring a main home plus a separate 1-bedroom unit with a private entrance for immediate rental income. Key structural investments include a new roof, professional foundation work, and a modern quartz kitchen. Set on a massive 12,166 sqft lot with parking for 5+ cars, it offers rare privacy near downtown San Rafael. This is an ideal match for Owner-Occupants seeking a "house-hack" or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 280 Prospect Drive Subject | $995,000* List Price | 3 | 2 | 1,554 | $640 | - |
A 1314 Grand Avenue Sold | $1,090,000 | 3 | 2 | 1,577 | $691 | 0.8 mi |
B 77 Coleman Drive Sold | $1,250,000 | 4 | 3 | 2,048 | $610 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent interior updates, including a modern kitchen with quartz countertops and stainless steel appliances, remodeled bathrooms, and updated LVP flooring throughout. While the home was originally built in 1926, it has been well-maintained with critical structural upgrades including a new roof and professional foundation work. It falls into the 'good' category as it is fully functional and updated, though it retains some vintage infrastructure and exterior elements that distinguish it from a total new-build or comprehensive 'excellent' renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12166, living area = 1554.
The property includes a separate 1-bedroom, 1-bathroom unit with its own private entrance and modern kitchen, providing excellent opportunities for rental income or multi-generational living.
Significant investments have been made in the home's longevity, including a brand-new roof and professional foundation work by Groundworks, offering buyers essential peace of mind.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1926, the home may require ongoing maintenance or further modernization of older systems common in properties of this era despite recent structural improvements.
A significant price reduction from the original $1.15M listing suggests initial overpricing or potential buyer concerns regarding the property's layout or specific cosmetic needs.
A private driveway framed by mature shade trees and terraced garden spaces leads to generous parking for 5+ cars. This charming property offers endless possibilities; a 3-bedroom, 2-bath home features a relaxing front patio with space for gardening. The modern kitchen with quartz counters and stainless appliances leads into the living space flooded with natural light and charm. Step through the patio door to a sunny private deck. There are two comfortable bedrooms and a remodeled bath on the main level. Below, with its own private entrance, a separate 1-bedroom, 1-bath unit complete with a modern kitchen with an inviting dining/living area and separate washer/dryer. This property offers excellent rental or multi-generational living opportunities. A rare property with flexibility, privacy, convenience and peace of mind with a new roof and foundation work by Groundworks. Located in North Central San Rafael--just minutes away from Hwy 101, downtown, shopping, dining and transit.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,554 | 2,004.5 | 20% |
| Lot Size | 12,166 | 8,398.185 | 74% |
| Price | $995.0K | $1.37M | 25% |
| Price per sq ft | $640 | $661 | 45% |
| Built year | 1926 | 1955 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 98 | 203 | 22% |
Mar 25, 2026
$995,000
$1,150,000
-13% Price Drop
Initial Listing
Jan 14, 2026
$1,150,000
Initial Listing
Jul 18, 2013
$479,000
Public Record