318 Larkspur Plaza Drive, Larkspur, CA 94939, Larkspur, 94939 - 2 bed, 2 bath
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Larkspur, CA 94939
This Turnkey Condominium represents a Strong Value Opportunity, listed at $459,500—positioned well below the $478,852 Fair Market Value by 4%. This valuation gap offers $19,352 in Instant Equity. With a Mint Condition Rating and recent renovations including new flooring and electrical, this home offers a low-maintenance lifestyle. Located near the Larkspur Ferry and zoned for Top-Rated Schools like Redwood High, it is an ideal sanctuary for first-time buyers or owner-occupants seeking a move-in ready home in Marin County.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 318 Larkspur Plaza Drive Subject | $459,500* List Price | 2 | 2 | 957 | $500 | - |
A 152 Larkspur Plaza Drive Active | $379,200 List Price | 1 | 1 | 720 | $527 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (under 5 years) including new Luxury Vinyl Plank flooring, fresh interior paint, and a brand-new electrical panel with updated outlets. The kitchen and bathrooms feature modern updates such as a new range hood and a new tub/shower surround, meeting the criteria for mint condition and no immediate maintenance.
Situated in a highly walkable and bikeable neighborhood, this home offers easy access to the Larkspur Ferry and Highway 101, while being zoned for prestigious schools like Redwood High.
The unit is move-in ready with recent improvements including fresh interior paint, new Luxury Vinyl Plank flooring, a brand-new electrical panel, and a modernized primary bathroom suite.
The ground-floor, single-level layout provides excellent accessibility and convenience, making it an ideal choice for those seeking a low-maintenance lifestyle without stairs.
At $949 per month, the association fee is significantly high for a two-bedroom condo, which may impact the overall monthly budget and debt-to-income ratio for buyers.
The property is subject to 120% AMI income limits and deed restrictions, which narrows the pool of eligible buyers and limits future resale flexibility and appreciation potential.
Welcome to Larkspur Isle Living! This beautifully updated ground-floor condo in the desirable Larkspur Isle community offers modern comfort and convenience in the heart of Marin County. The single-level layout is ideal for easy everyday living and entertaining. Recent upgrades include fresh interior paint, new Luxury Vinyl Plank flooring in the kitchen and bathrooms, a brand-new electrical panel, and updated switches and outlets. The contemporary kitchen features an electric range, dishwasher, refrigerator, and new range hood. The spacious primary suite includes an updated bathroom with a new tub and shower surround. Enjoy a peaceful, low-maintenance lifestyle in a highly walkable and bikeable neighborhood close to parks, shopping, Highway 101, local transit, and the Larkspur Ferry Terminal for easy access to San Francisco. 318 Larkspur Plaza Drive is a move-in-ready home offering comfort, style, and convenience. Household Size 120% AMI Limits: 1 person: $168,650 2 people: $192,800 3 people: $216,850 4 people: $240,950 Property is subject to resale, refinancing, and deed restrictions.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 957 | - |
| Lot Size | 1,102 | - |
| Price | $459.5K | $626.0K |
| Price per sq ft | $480 | $848 |
| Built year | 1973 | 0 |
| HOA | $949 | $0 |
| Days on market | 57 | 26 |
May 26, 2026
$459,500
Initial Listing
Apr 6, 2004
$183,500
Public Record