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338 Paloma Avenue, San Rafael, CA 94901, San Rafael, 94901 - 4 bed, 3 bath

338 Paloma Avenue, San Rafael, CA 94901 home-pic-0
ACTIVE$1,195,000$2,400/sqft
Est. Value: $1,195,000
%
FairlyEstimate
338 Paloma Avenue, San Rafael, CA 94901
4Beds
3Baths
2,400Sqft
5,776Lot

Price Vs. Estimate

The estimated value ($1,195,000) is $0 (0%) lower than the list price ($1,195,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Accessibility: Ideally situated just blocks from vibrant downtown San Rafael, offering excellent walkability to restaurants, shops, and amenities. Proximity to Dominican University, schools, parks, SMART Train, and Highway 101 provides convenient commuter access to the Golden Gate Bridge and beyond.
Top Cons:
Age-Related Maintenance: Built in 1927, the property, despite its classic charm and some modern updates, may require ongoing maintenance for original systems or components not explicitly mentioned as updated, such as plumbing, electrical, or roofing.

Compared to the nearby listings

Price:$1.20M vs avg $1.39M ($-192,000)37%
Size:2,400 sqft vs avg 2,091 sqft65%
Price/sqft:$498 vs avg $73917%

More Insights

Built in 1927 (99 years old).
Condition: Despite being built in 1927, this property has undergone an extensive and recent renovation. The main kitchen features contemporary red cabinetry, modern stainless steel appliances, and recessed lighting, all appearing virtually new. The main bathrooms are also fully updated with modern vanities, fixtures, and glass shower enclosures. New light wood flooring is present throughout the main living areas and bedrooms, and the entire interior appears freshly painted. The property also boasts modern amenities like air conditioning and solar panels, indicating significant system upgrades. While the lower-level kitchenette and bathroom have a slightly different, more classic aesthetic (e.g., claw-foot tub), they are clean and well-maintained, contributing to the property's overall excellent, move-in ready condition.
Year Built
1927
Close
-
List price
$1.2M
Original List price
-
Price/Sqft
$498
HOA
$0
Days on market
-
Sold On
-
MLS number
325085575
Home ConditionExcellent
Features
Patio
View-

About this home

Tucked at the end of a tree-lined cul-de-sac in San Rafael's Lincoln/San Rafael Hill neighborhood, this spacious 1927 home combines classic charm with modern versatility. The main level features three bedrooms and one-and-a-half baths, a generous kitchen with contemporary cabinetry, and an open dining/family area that connects effortlessly to the private yard space. Outside, enjoy the large yard with a patio, raised planting beds, and a roomy chicken coopperfect for hobby gardeners and relaxing evenings under the stars. The lower level offers remarkable flexibility with a spacious family or media room ideal for a teen hangout, TV area, or office. A fourth bedroom with a private entrance, its own living space, kitchenette, and full bath with claw-foot tub makes for excellent guest, in-law, or au pair quarters. Additional highlights include solar panels, air conditioning, a one-car garage with abundant storage, and extra parking for two more cars. Ideally located just blocks from vibrant downtown San Rafael, with its restaurants, coffee shops, breweries, wine bars, boutiques, and the seasonal Farmers Market. Nearby are Dominican University, schools, parks, SMART Train, and Highway 101only 13 miles to the Golden Gate Bridge. Don't miss out on this great opportunity!

M
McCarthy Moe Group
Listing Agent

Price History

Date
Event
Price
09/03/20
Sold
$1,100,000
03/22/05
Sold
$708,000
Condition Rating
Excellent
Despite being built in 1927, this property has undergone an extensive and recent renovation. The main kitchen features contemporary red cabinetry, modern stainless steel appliances, and recessed lighting, all appearing virtually new. The main bathrooms are also fully updated with modern vanities, fixtures, and glass shower enclosures. New light wood flooring is present throughout the main living areas and bedrooms, and the entire interior appears freshly painted. The property also boasts modern amenities like air conditioning and solar panels, indicating significant system upgrades. While the lower-level kitchenette and bathroom have a slightly different, more classic aesthetic (e.g., claw-foot tub), they are clean and well-maintained, contributing to the property's overall excellent, move-in ready condition.
Pros & Cons

Pros

Prime Location & Accessibility: Ideally situated just blocks from vibrant downtown San Rafael, offering excellent walkability to restaurants, shops, and amenities. Proximity to Dominican University, schools, parks, SMART Train, and Highway 101 provides convenient commuter access to the Golden Gate Bridge and beyond.
Flexible Living & Income Potential: The lower level features a versatile family/media room and a separate fourth bedroom with a private entrance, living space, kitchenette, and full bath, making it ideal for guest quarters, in-laws, an au pair, or potential rental income.
Modern Amenities & Energy Efficiency: The home boasts a generous kitchen with contemporary cabinetry, air conditioning for comfort, and solar panels, significantly reducing energy costs and environmental impact.
Outdoor Living & Privacy: Tucked at the end of a tree-lined cul-de-sac, the property offers a private setting with a large yard, patio, raised planting beds, and a chicken coop, perfect for gardening enthusiasts and outdoor entertaining.
Ample Parking & Storage: Includes a one-car garage with abundant storage, complemented by extra off-street parking for two additional vehicles, a valuable asset in an urban setting.

Cons

Age-Related Maintenance: Built in 1927, the property, despite its classic charm and some modern updates, may require ongoing maintenance for original systems or components not explicitly mentioned as updated, such as plumbing, electrical, or roofing.
Limited Main Level Bathrooms: The main level, housing three bedrooms, features only one-and-a-half baths, which could be a functional limitation for a larger family or when hosting guests on that floor.
Single Car Garage: While there is additional off-street parking, the property only offers a one-car garage, which might be insufficient for buyers with multiple vehicles desiring covered parking or extensive workshop/storage space.
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