318 Larkspur Plaza Drive, Larkspur, CA 94939, Larkspur, 94939 - 2 bed, 2 bath
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Larkspur, CA 94939
This Strong Value Opportunity is a Move-In Ready Condominium listed at $459,500—positioned well below the $478,852 Fair Market Value by 4%. This valuation gap offers $19,352 in Instant Equity. Featuring a Condition Rating of 2, the unit includes a contemporary kitchen, new flooring, and updated electrical systems. Located near Top-Rated Schools like Redwood High, this property offers a low-maintenance lifestyle for first-time buyers or owner-occupants seeking convenience in a highly walkable Marin County community.
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.
While built in 1973, the property has undergone recent renovations (<5 years) including a contemporary kitchen with new appliances, updated bathrooms with new tub surrounds, and new Luxury Vinyl Plank flooring. Significant system updates include a brand-new electrical panel and updated wiring/outlets, meeting the criteria for a move-in ready, recently renovated home.
Situated in a highly walkable neighborhood with easy access to the Larkspur Ferry and top-rated schools like Redwood High, offering excellent lifestyle convenience.
The condo features significant recent improvements, including fresh interior paint, new Luxury Vinyl Plank flooring, and a brand-new electrical panel.
As a ground-floor, single-level unit, the property provides easy access and a functional layout suitable for a wide range of residents.
The monthly HOA fee of $949 is relatively high, which significantly impacts the overall monthly carrying costs for the homeowner.
The property is subject to deed restrictions and income limits (AMI), which limits the potential buyer pool and future resale profit margins.
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. Please submit your name, names of family members and a pre-approval letter by June 11th at 11:59 pm to be included in the lottery.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 67% |
| Square foot | 957 | 944 | 67% |
| Lot Size | 1,102 | 945 | 67% |
| Price | $459.5K | $612.5K | 33% |
| Price per sq ft | $480 | $649 | 33% |
| Built year | 1973 | 1973 | 50% |
| HOA | $949 | $930 | 67% |
| Days on market | 11 | 121 | 33% |
May 26, 2026
$459,500
Initial Listing
Apr 6, 2004
$183,500
Public Record