
San Rafael, CA 94901
This 1906 Craftsman represents a High-Potential Investment Opportunity, listed at a List Price of $1,499,000—positioned well below the $1,553,698 Fair Market Value by 3%. This valuation gap provides $54,698 in Instant Equity. Featuring old-growth redwood construction and sweeping bay views, the property maintains a Fair Condition Rating due to dated interior finishes. The massive unfinished basement and large lot offer significant expansion potential for an ADU. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30 Coleman Drive Subject | $1,499,000* List Price | 3 | 2 | 3,372 | $461 | - |
A 40 Newhall Drive Pending | $1,349,000 List Price | 4 | 4 | 3,464 | $389 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home is exceptionally well-maintained with significant structural upgrades like an improved foundation and solar, the interior finishes in the kitchen and bathrooms appear to be 20-30 years old. The primary bath features 90s-style cabinetry and lighting, and the kitchen area shows dated tile countertops, meeting the criteria for 'Fair' due to the age of the renovations despite the high level of care.
This 1906 Craftsman features rare old-growth redwood construction, original wood moldings, and built-ins, offering a level of character and craftsmanship seldom found in modern builds.
The massive unfinished basement and large flat western parking pad provide exceptional opportunities for an ADU, creative studio, or future living space expansion.
Perched to capture sweeping bay and Mt. Tam views, the property also features owned solar and an improved foundation, blending scenic beauty with modern efficiency.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10184, other record lot size in square feet = 11629.
Built in 1906, the home may require specialized upkeep and potential updates to older systems typical of century-old properties to maintain its integrity.
A significant portion of the 3,372 square feet is comprised of an unfinished basement, requiring additional capital investment to convert into functional, permitted living area.
Built in 1906, this timeless Craftsman residence captures the elegance, warmth, and craftsmanship of a true turn-of-the-century San Rafael classic. Perched in the hills above downtown on nearly a quarter acre, the property is perfectly positioned to take in sweeping bay views, glimpses of the Richmond-San Rafael Bridge, and abundant natural sunlight throughout its many outdoor spaces. Rich in original character, the home showcases elegant wood moldings, beautifully maintained hardwood floors, custom built-ins, and the enduring quality of old-growth redwood construction. Thoughtful upgrades, including an improved foundation and owned solar, blend modern functionality with historic charm. The spacious and inviting floor plan includes a formal dining room, gracious living room, kitchen with expansive pantry and historic built-in cabinetry. Three generously sized bedrooms with a bonus flex space family room upstairs as well. The primary suite offers a true retreat, featuring soaring vaulted ceilings, multiple skylights, dual walk-in closet spaces, and an en-suite bath with additional closet storage. Distinctive details such as a custom fireplace surround, expanded foyer and entryway, and the remarkable scale of every room create an atmosphere that feels both grand and welcoming. A massive lower-level unfinished basement bonus space offers exceptional flexibility for creative, recreational, or future expansion possibilities or possible ADU. Outside, multiple entertaining areas invite gatherings, gardening, and relaxation among mature fruit trees and sun-drenched terraces. A large flat western portion of the property currently serves as a parking pad but offers a variety of potential future uses. Mt. Tam also beckons through the Oak tree on the western side of the property. Throughout the home and grounds, a rare sense of spaciousness and comfort is ever-present, making this one-of-a-kind property a truly special place to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 3,372 | 2,197.5 | 88% |
| Lot Size | 10,184 | 8,437.5 | 54% |
| Price | $1.50M | $1.41M | 56% |
| Price per sq ft | $445 | $648 | 18% |
| Built year | 1906 | 1955 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 188 | 1% |
Jun 3, 2026
$1,499,000
Initial Listing