338 Olema Rd, Fairfax, CA 94930, Fairfax, 94930 - 2 bed, 1 bath
338 Olema Rd
Fairfax, CA 94930
Property Price
SUMMARY
Analysis of 338 Olema Rd, Fairfax, CA 94930 is currently available with a list price of $699,000. 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 Fairfax 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1972, the property has undergone an extensive recent renovation that meets current quality standards. Key upgrades include a remodeled kitchen with quartz countertops and stainless steel appliances, an updated bathroom, and high-end finishes such as Pella sliding doors, engineered hardwood flooring, and plantation shutters. With new mechanical systems (furnace and water heater) and modern recessed lighting throughout, the home shows no signs of deferred maintenance and is in top-tier condition.
PROSSTRENGTHS & OPPORTUNITIES
- Single-Level Accessibility
This end-unit PUD features a rare single-story layout with no neighbors above and a level entry with no steps, offering maximum privacy and ease of access.
- Premium Modern Upgrades
The home is extensively renovated with high-end finishes, including a remodeled quartz kitchen, Pella sliding doors, engineered hardwood floors, and updated mechanical systems like a new furnace and water heater.
- Prime Walkable Location
Ideally situated within walking distance to downtown Fairfax and top-rated schools, the property also offers immediate access to world-class hiking and biking trails.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3600, other record lot size in square feet = 400.
- High Monthly HOA
The association fee of $630 per month is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
- Limited Bathroom Count
With only one bathroom serving a two-bedroom residence, the layout may be less convenient for households with multiple occupants or those who frequently host guests.
About 338 Olema Rd
Single Story PUD Unit in Village West! End Unit, No One Upstairs, Walk to Downtown Fairfax! Street Level, Level Entry, No Steps, 2 Car Detached Enclosed Garage, Highly Upgraded, New Tile Flooring, Pella Sliding Patio Doors, Engineered Hardwood Floors, Newer Windows, Plantation Shutters, Recessed Lighting, Newer Carpet, Remodeled Kitchen Tile Backsplash, Quartz Countertops, Stainless Steel Appliances, Solid Interior Doors, Updated Bathroom, New Furnace & Water Heater, Indoor Laundry Room. A Private Quiet Location on Olema Rd. Direct Access to Front Door, Steps to Garage. Easy Access to Biking & Hiking Trails. Close to Whitehall Elementary School, Walk to Fairfax Downtown, Shopping and More...
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1972
- Lot Size
- 3,600 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $630 / Month
Neighborhood Insights
Fairfax Unified Schools
Manor Elementary School
Grades K-5 • 0.4 mi
White Hill Middle School
Grades 6-8 • 0.4 mi
Sir Francis Drake High School
Grades 9-12 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1972 | - | 0% |
| HOA | $630 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Feb 11, 2026
$699,000
Initial Listing
Sold
May 20, 2005
$477,000
Public Record