31 Edwards Avenue, Sausalito, CA 94965, Sausalito, 94965 - 4 bed, 4 bath
31 Edwards Avenue
Sausalito, CA 94965
Property Price
SUMMARY
Analysis of 31 Edwards Avenue, Sausalito, CA 94965 reveals a Prime Investment Opportunity with a current list price of $3,995,000—significantly undercutting the $4,205,586 Fair Market Value by 5%. This valuation gap indicates a +$210,586 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Sausalito 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31 Edwards Avenue Subject | $3,995,000* List Price | 4 | 4 | 3,392 | $1,240 | - |
A 22 Alexander Avenue Sold | $3,850,000 | 3 | 3 | 3,220 | $1,196 | 0.1 mi |
B 433 Bridgeway Sold | $3,395,000 | 4 | 5 | 3,105 | $1,093 | 0.4 mi |
C 39 Cooper Lane Active Under Contract | $3,195,000 | 4 | 4 | 3,003 | $1,464 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1991-built home presents as move-in ready with significant updates. The kitchen features new high-end stainless steel appliances, including a 6-burner gas range, new refrigerator, and wine cooler, complemented by updated cabinetry. However, the perimeter countertops and backsplash are tiled, which, while clean and functional, are not a contemporary style. Bathrooms are well-maintained with large format tile, but the style suggests updates from 10-15 years ago rather than a brand-new renovation. Throughout the home, there are beautiful hardwood floors, designer plush carpet, modern light fixtures, and custom ironwork, indicating a high level of care and recent cosmetic enhancements. While not 'virtually new' in every component, the property is in excellent condition, stylishly updated, and requires no immediate renovations, fitting the 'Good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Bay Views
The property offers unparalleled panoramic Bay views, including Angel Island, Raccoon Straits, and Belvedere, enhancing its luxury appeal.
- Exclusive Location & Privacy
Nestled in an exclusive enclave of luxury homes, the property provides privacy while being minutes from San Francisco, the Golden Gate Bridge, and downtown Sausalito.
- Exceptional Entertainment Features
Boasts a rare, huge rooftop deck perfect for events, an outdoor deck with a built-in BBQ area, and a large temperature-controlled wine cellar, ideal for entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3392, other record living area = 2789.
- Significant Monthly Association Fee
A $500 monthly association fee adds a considerable recurring cost to homeownership, which may impact budget considerations.
- Absence of Explicit Cooling System
The property description does not mention an air conditioning or cooling system, which could be a comfort concern during warmer periods.
About 31 Edwards Avenue
Nestled in an exclusive enclave of luxury homes, this exquisite, private retreat offers unparalleled Pano Bay views that include Angel Isld, Raccoon Straits & Belvedere. This beautiful gem of a home is a true standout w/a RARE huge Roof-top Deck for fireworks & Blue Angels parties to a 3-Car Gar w/elevator to the main house. Main living level boasts soaring ceilings in a stunning Bay view Living Rm w/hardwood flrs & an impressive gas f/p. Formal Dining Rm overlooks the Living Rm & those beautiful water, hillside & downtown views. Pass a beautifully designed Powder Rm as you enter Kitchen featuring island, 6-burner gas range, new frig & wine cooler + connected Den w/built-in cabinetry, 2nd gas f/p & an outdoor deck w/ built-in BBQ area & a lrg temp controlled wine cellar, perfect for entertaining. Upstairs, you'll discover 3BD incl. a spacious Primary Suite w/walk-in closet, en-Suite Bath & access to an outdoor dog run. Lower level offers a versatile 4th BD Suite ideal as a home office or private guest quarters providing separation of space. Thoughtful details incl: custom ironwork stair railings, designer plush carpet & low maintenance grounds. Literally just min from SF, G.G. Bridge & downtown Sausalito. Close to everything but still private--Don't miss this unique & rare home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1991
- Lot Size
- 6,299 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $500 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 63% |
| Square foot | 3,392 | 2,260 | 89% |
| Lot Size | 6,299 | 6,652 | 41% |
| Price | $4.00M | $2.35M | 74% |
| Price per sq ft | $1.2K | $1.1K | 59% |
| Built year | 1991 | 1961 | 89% |
| HOA | $500 | $0 | 96% |
| Days on market | 52 | 171 | 7% |
Pricing History
Listed for Sale
Jan 14, 2026
$3,995,000
Initial Listing
Sold
Jun 11, 1999
$1,780,000
Public Record
Sold
Sep 18, 1998
$1,600,000
Public Record