
Sausalito, CA 94965
This property presents a High-Potential Investment Opportunity with a List Price of $995,000—positioned well below the $963,003 Fair Market Value by -3%. Featuring a Poor Condition Rating, this 1907 residence requires a comprehensive renovation to modernize its systems and layout. The asset offers significant upside through its Iconic Bay & City Views and a flexible lower-level space. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to capture value in the competitive Old Town Sausalito market.
Property is extensive renovation needed.
Built in 1907, this 117-year-old home is explicitly marketed as a renovation project for those with a 'vision for design.' While it features minor cosmetic updates like new carpeting and butcher block counters, the listing's emphasis on 'reimagining' the residence and its significant age without a recent comprehensive overhaul places it in the poor category, requiring a full rehab.
The property boasts breathtaking, unobstructed views of the San Francisco skyline, the Bay Bridge, and the water from nearly every primary living space, including the sunroom and bedrooms.
Situated in the heart of Old Town Sausalito, the home offers unparalleled walkability to the ferry terminal, boutique shops, fine dining, and scenic waterfront pathways.
With its 1907 character and flexible floor plan—including a lower-level private entrance—this residence presents a rare opportunity to renovate and build substantial equity in a high-demand market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The property is positioned as a fixer-upper, requiring a buyer with the vision and budget to modernize the 1907 systems and finishes throughout.
Featuring only one bathroom for a multi-level residence, the current layout may pose functional challenges for modern buyers until a second bath is added.
Situated in the heart of Old Town Sausalito, this unique residence offers an exceptional opportunity to enjoy one of Marin's most sought-after waterfront communities. Framed by picturesque views of the bay, San Francisco, and the Bay Bridge, this Sausalito gem presents an opportunity for those with a vision for design and renovation, offering incredible potential to thoughtfully reimagine the current residence or create a dream pied--terre in an unparalleled setting. Just moments from downtown Sausalito's charming Main Street, waterfront pathways, acclaimed restaurants, cafs, boutique shops, art galleries, the Sausalito Boardwalk, and ferry service to San Francisco, the location offers a true vacation at home, blending convenience, character, and scenic beauty. A private and gated pathway leads to the residence and beautiful grounds. The living room features exposed beam ceilings, new carpeting, a wood-burning fireplace with brick surround, and picturesque views spanning the bay, the Bay Bridge, and the San Francisco skyline. The light-filled dining room showcases charming architectural character with exposed beam ceilings, detailed millwork, new carpeting, and picturesque views. Positioned to capture the surrounding scenery, the sunroom features a wall of windows framing views of the bay, the San Francisco skyline, the Bay Bridge, and the hills of Sausalito. The charming kitchen features engineered wood flooring, butcher block countertops, an electric cooktop and oven, and access to the adjacent laundry and utility area with a Whirlpool refrigerator, LG washer, and Samsung dryer. The main-level ensuite bedroom features new carpeting, exposed beam ceilings, and an adjoining bath. The upper level features a flexible office/sitting area with a closet, along with a spacious second bedroom offering vaulted ceilings, a closet, and beautiful views of the bay and San Francisco skyline. A versatile lower-level living space with a private entrance offers flexibility for a home office, den, media lounge, or creative studio. Designed for relaxed outdoor living, the grounds offer a sunny entertainment deck, a lawn, a mature palm tree, yucca trees, fruit trees, and vibrant landscaping surrounded by mature greenery. This premier location in Old Town Sausalito offers a relaxed yet vibrant lifestyle that blends coastal charm, artistic flair, and breathtaking natural beauty. Minutes from the Golden Gate National Recreation Area (GGNRA) with world-class hiking trails.
No exterior & parking available.
Grades K-8 • 2.3 mi
Grades K-8 • 2.3 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 33% |
| Baths | 1.0 | 3.0 | 22% |
| Square foot | 1,426 | 1,880 | 11% |
| Lot Size | 3,302 | 5,602 | 22% |
| Price | $995.0K | $2.34M | 22% |
| Price per sq ft | $698 | $1.2K | 22% |
| Built year | 1907 | 1948 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 143 | 11% |
May 29, 2026
$995,000
Initial Listing