329 San Rafael Avenue, Belvedere, CA 94920, Belvedere, 94920 - 3 bed, 3 bath

329 San Rafael Avenue, Belvedere, CA 94920 home-pic-0
ACTIVE$2,700,000$1,642/sqft
Est. Value: $2,700,000
%
FairlyEstimate
329 San Rafael Avenue, Belvedere, CA 94920
3Beds
3Baths
1,642Sqft
8,307Lot

Price Vs. Estimate

The estimated value ($2,700,000) is $0 (0%) lower than the list price ($2,700,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8307, living area = 1642.
Top Cons:
Recent Price Reduction & Market Resistance: The current listing price of $2.7M is lower than a recent sale in June 2024 ($2.895M), suggesting potential market resistance or an initial overpricing that required adjustment.

Compared to the nearby listings

Price:$2.70M vs avg $3.60M ($-900,000)29%
Size:1,642 sqft vs avg 2,615 sqft12%
Price/sqft:$1.6K vs avg $1.3K81%

More Insights

Built in 1950 (76 years old).
Condition: Despite being built in 1950, this property has undergone a stunning and extensive recent renovation, as evidenced by the description and images. The kitchen features sleek marble countertops, new white shaker cabinets, and modern stainless steel appliances, all appearing virtually new. Bathrooms are spa-like with contemporary vanities, high-end tile work, frameless glass showers, and modern fixtures. Throughout the home, there are new hardwood floors, updated light fixtures, fresh paint, and modern finishes, indicating all components meet current quality standards with no visible deferred maintenance. The property presents as fully renovated recently, aligning perfectly with the 'excellent' condition criteria.
Year Built
1950
Close
-
List price
$2.7M
Original List price
-
Price/Sqft
$1,644
HOA
$0
Days on market
-
Sold On
-
MLS number
ML82023577
Home ConditionExcellent
Features
Good View:
Pool
Patio
View-

About this home

Prime location in walking distance to Belvedere Park, downtown Tiburon, the ferry to SF. Just a short commute to SF, the Peninsula, and East Bay. Also close to the waterfront walking path, biking and hiking.This stunningly remodeled 3 bd, 2.5 bth retreat on Belvedere Island offers a refined yet relaxed lifestyle moments from the water and Downtown Tiburon. Recently updated and thoughtfully curated with lux designer finishes, the light and airy interiors flow seamlessly together, creating an ambiance of understated luxury. At the heart of the home is a beautifully designed kitchen, where sleek marble countertops and designer details come together in a space that is as functional as it is stylish. With ample counter space and thoughtful storage, it's a dream for both the home chef and entertainer. The primary suite is a true sanctuary, offering a private escape with a spa like ensuite bathroom that evokes a sense of tranquility. Designed for both daily living and entertaining, the expansive lot and pool set the stage for unforgettable gatherings. Whether hosting under the stars or enjoying a quiet morning, this home embodies the indoor outdoor lifestyle. Last weekend available before leaving the market!

T
Travis Conte
Listing Agent

Nearby schools

/10
Reed Elementary School
Public,K-20.4mi
9/10
Bel Aire Elementary School
Public,3-52.6mi
9/10
Del Mar Middle School
Public,6-81.4mi
8/10
Redwood High School
Public,9-125.6mi

Price History

Date
Event
Price
06/17/24
Sold
$2,895,000
04/16/21
Sold
$2,000,000
Condition Rating
Excellent

Despite being built in 1950, this property has undergone a stunning and extensive recent renovation, as evidenced by the description and images. The kitchen features sleek marble countertops, new white shaker cabinets, and modern stainless steel appliances, all appearing virtually new. Bathrooms are spa-like with contemporary vanities, high-end tile work, frameless glass showers, and modern fixtures. Throughout the home, there are new hardwood floors, updated light fixtures, fresh paint, and modern finishes, indicating all components meet current quality standards with no visible deferred maintenance. The property presents as fully renovated recently, aligning perfectly with the 'excellent' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8307, living area = 1642.
Great Schools: Elementary School: Bel Aire Elementary School (9/10). Middle School: Del Mar Middle School (9/10).
Premium Location & Commuter Access: The property boasts a prime Belvedere Island location, offering walking distance to Belvedere Park, downtown Tiburon, and the SF ferry, with short commutes to SF, the Peninsula, and East Bay, plus proximity to waterfront paths.
Extensive Remodel & Designer Finishes: Recently updated and thoughtfully curated with luxurious designer finishes, the interiors are light, airy, and flow seamlessly, creating an ambiance of understated luxury.
Gourmet Kitchen: The heart of the home features a beautifully designed kitchen with sleek marble countertops, ample counter space, and thoughtful storage, making it both functional and stylish for home chefs and entertainers.
Luxurious Primary Suite: The primary suite serves as a true sanctuary, offering a private escape with a spa-like ensuite bathroom that evokes a sense of tranquility and high-end comfort.
Expansive Lot with Pool & Indoor/Outdoor Living: Designed for both daily living and entertaining, the expansive lot and pool provide an ideal setting for gatherings and embody a desirable indoor-outdoor lifestyle.

Cons

Recent Price Reduction & Market Resistance: The current listing price of $2.7M is lower than a recent sale in June 2024 ($2.895M), suggesting potential market resistance or an initial overpricing that required adjustment.
Impending Market Withdrawal: The statement 'Last weekend available before leaving the market!' indicates the property has not sold within the desired timeframe and is being pulled, which can raise questions for potential buyers.
Age of Original Structure: Built in 1950, despite extensive remodeling, the underlying age of the structure may imply potential for older systems or components not explicitly upgraded, which could lead to future maintenance considerations.
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