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31 Knoll Lane, Mill Valley, CA 94941, Mill Valley, 94941 - 6 bed, 3 bath

31 Knoll Lane, Mill Valley, CA 94941 home-pic-0
ACTIVE$2,400,000$2,850/sqft
Est. Value: $2,400,000
%
FairlyEstimate
31 Knoll Lane, Mill Valley, CA 94941
6Beds
3Baths
2,850Sqft
7,832Lot

Price Vs. Estimate

The estimated value ($2,400,000) is $0 (0%) lower than the list price ($2,400,000). This property may be overpriced.

Key pros and cons

Top Pros:
Flexible Living & Income Potential: The property features a bright and airy 2-bedroom in-law unit, offering significant flexibility for multigenerational living, a private guest suite, office space, or potential rental income.
Top Cons:
Original Construction Year: Built in 1958, the property's underlying structure is older, which may imply potential for maintenance or updates to original systems not covered by recent renovations.

Compared to the nearby listings

Price:$2.40M vs avg $2.07M (+$332,500)61%
Size:2,850 sqft vs avg 2,080 sqft77%
Price/sqft:$842 vs avg $1.0K27%

More Insights

Built in 1958 (68 years old).
Condition: Despite being built in 1958, this property has undergone a beautiful and extensive renovation, aligning with the 'extensively renovated within 5 years' criteria. The main kitchen features gleaming quartz countertops, modern white shaker cabinets, stainless steel appliances, and recessed lighting, all in virtually new condition. Both main house bathrooms are fully updated with modern vanities, quartz/solid surface countertops, contemporary fixtures (chrome and brass), subway tile, and stylish flooring. The in-law unit also appears updated and well-maintained. Flooring throughout is a mix of well-kept hardwood, modern laminate, and tile. The presence of A/C and overall fresh, modern aesthetic confirms a high standard of recent renovation.
Year Built
1958
Close
-
List price
$2.4M
Original List price
-
Price/Sqft
$842
HOA
$0
Days on market
-
Sold On
-
MLS number
325057517
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

Nestled in the heart of Strawberry, this beautifully renovated four bedroom home offers the perfect balance of comfort, style, and location. At the center of the home is a chef's kitchen with gleaming quartz countertops and breakfast bar. Adjacent is a formal dining room, ideal for both intimate and casual gatherings. Two pantry closets and an outdoor terrace make entertaining a breeze. The spacious living room, anchored by a corner fireplace, provides a warm and inviting space to relax. Completing this level, four bedrooms and two updated bathrooms offer ample space for family living. Stepping outside, you are greeted by an expansive landscaped yard with a large level lawn, patio, and play area, perfect for peaceful relaxation, family gatherings, or a friendly game of soccer. What truly sets this home apart is the bright and airy 2BR in-law unit. Whether used for multigenerational living, a private guest suite, office or rental income, this space offers incredible flexibility. Additional features include A/C, 2 car garage, and approved plans for 2 new ADUs (3BR and 4BR). Conveniently located just moments from top-rated schools, great shopping and restaurants. Minutes away from San Francisco, effortless and perfectly placed, this is easy living in Mill Valley at its finest.

K
Kara Warrin
Listing Agent

Price History

Date
Event
Price
12/29/17
Sold
$1,415,000
Condition Rating
Excellent
Despite being built in 1958, this property has undergone a beautiful and extensive renovation, aligning with the 'extensively renovated within 5 years' criteria. The main kitchen features gleaming quartz countertops, modern white shaker cabinets, stainless steel appliances, and recessed lighting, all in virtually new condition. Both main house bathrooms are fully updated with modern vanities, quartz/solid surface countertops, contemporary fixtures (chrome and brass), subway tile, and stylish flooring. The in-law unit also appears updated and well-maintained. Flooring throughout is a mix of well-kept hardwood, modern laminate, and tile. The presence of A/C and overall fresh, modern aesthetic confirms a high standard of recent renovation.
Pros & Cons

Pros

Flexible Living & Income Potential: The property features a bright and airy 2-bedroom in-law unit, offering significant flexibility for multigenerational living, a private guest suite, office space, or potential rental income.
Approved ADU Development Plans: Approved plans for two new ADUs (3-bedroom and 4-bedroom) present a substantial opportunity for future expansion, increased property value, and additional rental income streams.
Renovated Interior & Chef's Kitchen: The home boasts a beautifully renovated interior, highlighted by a modern chef's kitchen with gleaming quartz countertops and updated bathrooms, providing contemporary comfort and style.
Expansive Outdoor Living Space: An expansive landscaped yard, complete with a large level lawn, patio, and play area, offers versatile outdoor space for relaxation, entertaining, and family activities.
Prime Mill Valley Location: Nestled in the desirable Strawberry neighborhood, the home is conveniently located moments from top-rated schools, shopping, restaurants, and offers easy access to San Francisco.

Cons

Original Construction Year: Built in 1958, the property's underlying structure is older, which may imply potential for maintenance or updates to original systems not covered by recent renovations.
Potential Yard Reduction with ADUs: While ADU plans are a strength, constructing two additional units could significantly reduce the currently expansive and desirable landscaped yard space.
Bathroom-to-Bedroom Ratio: With a total of 6 bedrooms (4 in main house, 2 in in-law unit) and 3 bathrooms, the ratio might be considered slightly low for maximum occupancy or multiple families, potentially leading to congestion.
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