324 Sheffield Avenue, Mill Valley, CA 94941, Mill Valley, 94941 - 3 bed, 3 bath
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Mill Valley, CA 94941
Analysis of 324 Sheffield Avenue, Mill Valley, CA 94941 reveals a Fairly Priced Property with a current list price of $1,895,000 aligned with the estimated $1,943,223 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 324 Sheffield Avenue Subject | $2,100,000 | 3 | 3 | 1,902 | $1,022 | - |
A 763 Marin Drive Sold | $1,710,000 | 3 | 3 | 2,064 | $828 | 0.7 mi |
B 9 Carolyn Lane Sold | $1,800,000 | 3 | 2 | 1,842 | $977 | 0.5 mi |
C 1205 Waterview Drive Sold | $1,950,000 List Price | 4 | 3 | 2,306 | 0.7 mi | |
D 354 Starling Road Sold | $1,950,000 | 3 | 2 | 1,462 | $1,334 | 0.4 mi |
E 711 Alta Vista Road Sold | $1,500,000 | 4 | 2 | 1,848 | $812 | 0.7 mi |
F 597 Ethel Avenue Pending | $1,750,000 List Price | 3 | 2 | 1,520 | $1,151 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1971, this property has undergone an extensive and high-quality renovation, aligning with the 'extensively renovated within 5 years' criteria. The kitchen features high-end stainless steel appliances, custom white cabinetry, modern subway tile backsplash, and wide-plank hardwood floors. Bathrooms are finished with designer tiles, modern vanities, and sleek fixtures. The property also boasts modern amenities like central A/C, solar panels with backup battery, and EV charging, indicating all major systems are new or virtually new and meet current quality standards. The overall aesthetic is fresh, contemporary, and move-in ready with no deferred maintenance in the main living areas.
The property boasts iconic Mount Tam views and is situated in a sunny, quiet setting, steps from Hawk Hill lookout, Tam Junction amenities, and top Mill Valley schools, offering desirable Mill Valley living.
Thoughtfully updated and remodeled for light, flow, and function, featuring wide-plank hardwood floors, high-end kitchen appliances, custom cabinetry, and designer tile and fixtures in baths.
A valuable 302 sqft bonus space with a private entrance and 8' ceilings offers rare flexibility for a fourth bedroom, office, media room, or potential Accessory Dwelling Unit (ADU).
Despite extensive remodeling, the home was built in 1971, meaning some underlying original systems or structural components may still be older and could require future maintenance or upgrades.
While the bonus space has ADU potential, the 'buyer to verify' clause indicates it is not a pre-approved or permitted ADU, which may involve additional time, cost, and regulatory processes for conversion.
The 5,201 sqft lot, while functional with a flat yard, is moderate in size and may not appeal to buyers seeking a larger, more expansive outdoor property or greater seclusion in a 'retreat' setting.
A thoughtfully updated Mill Valley retreat with iconic Mount Tam views, 324 Sheffield blends elevated design with everyday livability. This 3 bed, 2.5 bath home (1,902 sqft plus 302 sqft bonus space) is remodeled for light, flow, and functionperfect for relaxing or hosting. Wide-plank hardwood floors lead through airy spaces; the kitchen features high-end appliances and custom cabinetry; baths are finished with designer tile and fixtures. A wood-burning fireplace warms the living room, while the dining area opens to a spacious view deck overlooking the flat yard and herb garden. Upstairs, the primary suite has a walk-in closet, ensuite with double vanity, and private balcony with hillside views. Two additional bedrooms offer generous proportions, new carpet, and Elfa-organized closets. The 302 sqft bonus space with 8' ceilings and private entrance offers rare flexibilityideal as a fourth bedroom, office, media room, or potential ADU (buyer to verify). Attached two-car garage with EV charging, laundry, and built-in storage keeps gear organized. Comfort features include central A/C, solar panels with backup battery, and a sunny, quiet setting just steps from the Hawk Hill lookout, Tam Junction favorites, and top Mill Valley schoolsthis is Mill Valley living at its best.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,902 | 2,189.5 | 38% |
| Lot Size | 5,201 | 8,934.5 | 11% |
| Price | $2.10M | $2.00M | 53% |
| Price per sq ft | $1.1K | $992 | 66% |
| Built year | 1971 | 1958 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 247 | 190 | 81% |
Sep 9, 2025
$2,100,000
Public Record
Aug 12, 2022
$1,828,500
Public Record