321 Laurel Way, Mill Valley, CA 94941, Mill Valley, 94941 - 3 bed, 2 bath
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Mill Valley, CA 94941
Analysis of 321 Laurel Way, Mill Valley, CA 94941 is currently available with a list price of $1,195,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Mill Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Marketed as a 'diamond in the rough,' this 1960s home requires substantial rehabilitation. Interior images reveal heavily stained and worn carpeting, outdated terracotta and tiled flooring, and original-style bathrooms with dated tile countertops. While the kitchen has some stainless appliances, the cabinetry and layout are aged. The listing explicitly advises buyers to 'bring your contractor,' indicating that major systems and finishes need replacement to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26998, living area = 2328.
Elementary School: Park Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
The property boasts breathtaking panoramic views of Mill Valley from its private hillside position, offering a spectacular backdrop that enhances the home's long-term value.
Marketed as a 'diamond in the rough,' the property requires significant investment and a contractor's vision to update its 1960s original condition.
The long, winding private driveway and steep hillside terrain may present logistical challenges for some buyers and increase future exterior maintenance costs.
Nestled on a private hillside in coveted Tamalpais Valley, this 3 bed/2 bath split-level home offers breathtaking panoramic views of Mill Valley and endless potential. A long, winding private driveway leads you up to this secluded retreat. The wrap-around deck is perfect for entertaining while soaking in the stunning scenery. The lush backyard is a gardener's dream with mature gardens and a remarkable built-in grapevine vineyard creating a truly magical outdoor sanctuary. With 2,328 sq ft of living space on a generous 0.62-acre lot and top-rated schools including Tamalpais Valley Elementary and Tamalpais High, this is a rare opportunity to transform a diamond in the rough into your dream home. Bring your vision and contractor because the bones, the land, and the views are spectacular.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 2.2 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 2,328 | 2,190 | 57% |
| Lot Size | 26,998 | 9,348 | 91% |
| Price | $1.20M | $2.00M | 17% |
| Price per sq ft | $513 | $983 | 17% |
| Built year | 1960 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 190 | 1% |
Apr 15, 2026
$1,195,000
Initial Listing