329 San Rafael Avenue, Belvedere, CA 94920, Belvedere, 94920 - 3 bed, 3 bath
329 San Rafael Avenue
Belvedere, CA 94920
Property Price
SUMMARY
Analysis of 329 San Rafael Avenue, Belvedere, CA 94920 reveals a Fairly Priced Property with a current list price of $2,700,000 aligned with the estimated $2,700,000 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 Belvedere 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 329 San Rafael Avenue Subject | $2,700,000* List Price | 3 | 3 | 1,642 | $1,644 | - |
A 10 Alcatraz Avenue Sold | $3,200,000 List Price | 4 | 4 | 2,171 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 329 San Rafael Avenue
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 8,307 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Belvedere Unified Schools
Reed Elementary School
Grades K-2 • 0.4 mi
Bel Aire Elementary School
Grades 3-5 • 2.6 mi
Del Mar Middle School
Grades 6-8 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 33% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,642 | 3,408 | 10% |
| Lot Size | 8,307 | 13,574.5 | 21% |
| Price | $2.70M | $4.23M | 10% |
| Price per sq ft | $1.6K | $1.3K | 75% |
| Built year | 1950 | 1964 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 156 | 188 | 25% |
Pricing History
Listed for Sale
Oct 2, 2025
$2,700,000
Initial Listing
Sold
Jun 17, 2024
$2,895,000
Public Record
Sold
Apr 16, 2021
$2,000,000
Public Record