283 E. Blithedale Avenue, Mill Valley, CA 94941, Mill Valley, 94941 - 4 bed, 2 bath
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Mill Valley, CA 94941
This Spanish-style residence represents a High-Potential Investment Opportunity, listed at $1,795,000—positioned well above the $1,540,876 Fair Market Value by -16%. While the property requires modernization, its Condition Rating of 4 and prime location near top-rated schools like Mill Valley Middle (9/10) provide a solid foundation for value-add renovations. Featuring an entertainer's patio and original architectural character, this home offers significant upside for Value-Add Investors or Owner-Occupants looking to customize a classic Mill Valley asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 283 E. Blithedale Avenue Subject | $1,795,000* List Price | 4 | 2 | 1,643 | $938 | - |
A 10 Somerset Lane Sold | $1,400,000 | 3 | 2 | 1,576 | $888 | 0.9 mi |
B 95 Ryan Avenue Sold | $1,900,000 | 2 | 1 | 1,376 | $1,381 | 0.6 mi |
C 244 Manor Drive Pending | $1,995,000 List Price | 3 | 2 | 1,708 | $1,168 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1936, this home is well-maintained and move-in ready but remains largely dated. While it features newer stainless steel appliances and some updated flooring, the kitchen cabinetry, countertops, and bathroom tile work appear to be several decades old. The listing explicitly notes the 'potential to update,' confirming that while functional, the property requires modernization of its primary systems and finishes to meet current standards.
Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
Situated in an 'A+' location just blocks from downtown Mill Valley, Boyle Park, and award-winning schools, offering exceptional walkability and lifestyle convenience.
This 1936 sun-drenched Spanish-style residence features timeless original details, including an elegant plaster and stone fireplace, providing a unique charm often missing in modern builds.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With four bedrooms but only 1.5 bathrooms, the current configuration may be insufficient for modern family needs and could require a significant investment to add a full second bath.
While move-in ready, the home is noted for its potential to update and customize, suggesting that many finishes may be dated and require additional capital to meet contemporary luxury standards.
Sun-drenched Spanish-style home in an A+ Mill Valley location, just blocks from downtown, parks, restaurants, cafes, and award-winning schools. This 4BR/1.5BA residence offers charm, character, and opportunity. The main level features a welcoming living room centered around an elegant fireplace with plaster and stone finishes, a formal dining room, kitchen, two bedrooms, and a full bath. The lower level includes two additional bedrooms, a half bath, and a versatile flex space ideal for a family room, office, or media area. Rich in original detail and move-in ready, the home also presents excellent potential to update and customize to your vision. Enjoy a sunny backyard with mature palm trees, an entertainer's patio, and a spacious lawn for play and relaxation. An unbeatable location near Boyle Park and all that Downtown Mill Valley has to offer. This is a rare opportunity not to be missed.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
Grades PK-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 34% |
| Square foot | 1,643 | 2,300 | 19% |
| Lot Size | 5,602 | 10,000 | 8% |
| Price | $1.79M | $2.18M | 31% |
| Price per sq ft | $1.1K | $1.0K | 66% |
| Built year | 1936 | 1958 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 144 | 2% |
May 29, 2026
$1,795,000
Initial Listing