280 Prospect Drive, San Rafael, CA 94901, San Rafael, 94901 - 3 bed, 2 bath
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San Rafael, CA 94901
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $895,000—positioned well below the $1,016,479 Fair Market Value by 11%. This valuation gap provides $121,479 in Instant Equity. With a Condition Rating of 3, the home features a remodeled kitchen and baths, while the lower-level unit offers flexible income potential. Its hillside location provides picturesque views and a serene, private setting. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 280 Prospect Drive Subject | $895,000* List Price | 3 | 2 | 1,554 | $654 | - |
A 1314 Grand Avenue Sold | $1,090,000 | 3 | 2 | 1,577 | $691 | 0.8 mi |
B 280 Prospect Drive Active | $995,000 List Price | 3 | 2 | 1,554 | $640 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1926, the property is listed as move-in ready and turnkey. Images show a recently updated kitchen with stainless steel appliances and stone countertops, along with remodeled bathrooms featuring modern fixtures and newer flooring. The renovations appear to be within the 5-15 year range, making it well-maintained and functional.
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 lower level features a private entrance, full kitchen, and en-suite, offering significant potential for rental income, multi-generational living, or a dedicated home office.
Situated at the end of a long private driveway in the Lincoln Hill neighborhood, the property provides a secluded and serene retreat away from street noise.
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 property may require more intensive maintenance or future upgrades to its century-old infrastructure and systems.
The hillside location and long driveway may limit usable flat yard space and could present accessibility challenges for some guests or residents.
Enjoy privacy, flexibility, and a prime location with this Marin gem at 280 Prospect Drive. Tucked away at the end of a long private driveway, this move-in-ready home features a versatile floor plan with endless possibilities. A generous front patio welcomes you to the main level, featuring an open-concept living and dining area, bright updated kitchen, two bedrooms, and remodeled bath. The sundeck extends the living space outdoors, showcasing the peaceful and picturesque setting. A standout highlight is the lower level of the home, where additional living quarters include a spacious living area, kitchen with gas stove, en-suite, dedicated laundry, and private entrance. This space affords multi-generational living, guest accommodations, home office, and potential income stream. A detached storage shed and abundant off-street parking complete this turnkey property. Known for its idyllic hillside landscapes, Lincoln Hill offers a serene retreat just minutes from downtown San Rafael's shops, restaurants, and entertainment. Convenient access to Highway 101 makes commuting throughout Marin County and the Bay Area effortless. A truly unique opportunity not to be missed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,554 | - |
| Lot Size | 12,166 | - |
| Price | $895.0K | $1.54M |
| Price per sq ft | $576 | $784 |
| Built year | 1926 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 36 |
Jun 24, 2026
$895,000
Initial Listing
Jul 18, 2013
$479,000
Public Record