319 N San Pedro RD, San Rafael, CA 94903, San Rafael, 94903 - 6 bed, 3 bath
Loading property details...
San Rafael, CA 94903
This dual-residence property represents a High-Potential Investment Opportunity, listed at $1,495,000—positioned below the $1,517,496 Fair Market Value by 1%. This valuation gap provides $22,496 in Instant Equity. Boasting a Condition Rating of 2, the estate features a renovated main home and a newly constructed 2023 ADU, offering a projected $9,000 monthly rental income. With wooded hillside views, private decks, and proximity to Terra Linda High School, the property maximizes both lifestyle and cash flow. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 319 N San Pedro RD Subject | $1,495,000* List Price | 6 | 3 | 2,099 | $723 | - |
A 56 Waterside Circle Sold | $1,340,000 | 4 | 4 | 2,427 | $552 | 0.4 mi |
B 16 Washington Avenue Sold | $1,500,000 | 4 | 2 | 1,792 | $837 | 0.6 mi |
C 25 Roosevelt Avenue Sold | $1,250,000 | 4 | 3 | 1,828 | $684 | 0.6 mi |
D 59 San Pablo Avenue Active | $1,625,000 List Price | 4 | 3 | 2,000 | $813 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property consists of a newly constructed ADU (2023) and a main residence that has been extensively and recently renovated. The interiors feature modern shaker-style cabinetry, stainless steel appliances, updated flooring, and contemporary light fixtures throughout. Both units are in move-in-ready condition with high-quality finishes and no visible deferred maintenance, meeting the criteria for a recently fully renovated property.
The property features two separate 3-bedroom residences on a single lot, offering a rare opportunity for significant rental income—estimated at $9,000/month total—or flexible multigenerational living.
The newly constructed (2023) and fully permitted 1,000 sqft detached ADU provides modern finishes, contemporary design, and minimal immediate maintenance requirements.
Both units are thoughtfully designed with independent laundry facilities and private outdoor areas, ensuring privacy and autonomy for occupants of both the main home and the ADU.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The 3-bedroom main residence includes only one bathroom, which may be a functional limitation for larger families or high-paying tenants compared to modern standards.
Local public schools carry modest ratings (4-6), which could be a drawback for buyers specifically seeking the top-tier educational performance often associated with Marin County.
2 HOMES ON 1 LOT! Beautifully updated 3BD/1BA, 1,099sqft main residence, plus a detached, newly constructed & fully permitted 3BD/2BA, 1,000sqft ADU. An exceptional & rarely available opportunity in the desirable Santa Venetia neighborhood of San Rafael. This versatile property offers two separate residences on one lot-ideal for rental income, multigenerational living, or owner occupancy w/ supplemental income. Market rents for each unit are estimated at approx $4,500/month, offering strong income potential. The main residence is a charming single-level home filled w/ natural light, featuring a functional layout & a warm, inviting feel. Complementing the main home, the newly constructed (2023) detached ADU is thoughtfully designed w/ modern finishes & comfortable living in mind. Each residence enjoys its laundry room & own private outdoor space, creating a sense of separation & flexibility for both owners & tenants. The expansive 6,500SF lot offers ample room for entertaining, gardening, or relaxing, along w/ generous off-street parking. Ideally located near scenic waterfront trails, parks, shopping, & convenient commuter routes, this property offers an exceptional blend of lifestyle, flexibility, & long-term value. WEBSITE: 319nsanpedro.com OPEN: SAT & SUN (4/18 & 4/19) 1-4PM
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 6-8 • 2.9 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 98% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 2,099 | 1,760 | 76% |
| Lot Size | 6,500 | 7,601.22 | 18% |
| Price | $1.50M | $1.33M | 64% |
| Price per sq ft | $712 | $765 | 40% |
| Built year | 1949 | 1959 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 188 | 1% |
Apr 7, 2026
$1,495,000
Initial Listing
Oct 7, 2022
$902,000
Public Record
Mar 2, 2022
$257,258
Public Record
Feb 13, 1997
$15,960
Public Record