350 Karen Way, Tiburon, CA 94920, Tiburon, 94920 - 3 bed, 3 bath
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Tiburon, CA 94920
This Single-Level Bel Aire Residence is a High-Potential Investment Opportunity, listed at $1,895,000—positioned well below the $2,140,248 Fair Market Value by 11%. This valuation gap provides $245,248 in Instant Equity for the incoming owner. Boasting a Move-In Ready Condition Rating, the home features an open floor plan, a large heated pool, and a private cul-de-sac setting. Located in the elite Reed Union School District near top-rated Bel Aire Elementary, it perfectly balances lifestyle luxury with immediate financial upside. This is an exceptional acquisition for Owner-Occupants or Value-Driven Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 350 Karen Way Subject | $1,895,000* List Price | 3 | 3 | 1,618 | $1,323 | - |
A 2 Greenwood Court Sold | $2,250,000 | 3 | 2 | 1,590 | $1,415 | 0.4 mi |
B 532 Virginia Drive Pending | $1,999,000 List Price | 2 | 1 | 1,327 | $1,506 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been well-maintained with significant modern updates. Although built in 1953, the interior features an open floor plan with vaulted ceilings, skylights, and updated dark wood-style flooring. The bathrooms have been modernized with contemporary mosaic tiling and marble-top vanities. The kitchen is functional and clean, featuring stainless steel appliances and butcher block countertops, though the cabinetry style is more modest than a high-end 'excellent' renovation. Overall, the home shows minimal wear and tear and meets modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8625, living area = 1618.
Elementary School: Bel Aire Elementary School (9/10). Middle School: Del Mar Middle School (9/10).
Situated in the highly-coveted Reed Union School District and just steps from Bel Aire Elementary, this home offers an ideal setting for families at the end of a quiet, safe cul-de-sac.
Originally built in 1953, the property may require capital improvements or modern updates to its core systems and finishes to align with contemporary luxury standards in the Tiburon market.
With 1,618 square feet of living space, the interior footprint is relatively compact for a three-bathroom home, which may feel restrictive for buyers seeking expansive room dimensions.
Welcome to 350 Karen Way where the convenience and community of the Bel Aire neighborhood awaits. This 3 bedroom/3 bath single level home sits at the end of a cul-de-sac just down from Bel Aire School. The open floor-plan allows for easy indoor and outdoor living. Serenity and privacy is offered along with a large heated pool in the back yard. Located in the award winning Reed Union school district and close to restaurants, the Cove shopping center, waterfront trails, and 101 highway.
No exterior & parking available.
Grades 3-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 29% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,618 | 2,861 | 10% |
| Lot Size | 8,625 | 13,279 | 26% |
| Price | $1.90M | $3.70M | 7% |
| Price per sq ft | $1.2K | $1.3K | 36% |
| Built year | 1953 | 1965 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 177 | 10% |
Mar 18, 2026
$1,895,000
$2,050,000
-8% Price Drop
Initial Listing
Mar 3, 2026
$2,050,000
Initial Listing
Mar 26, 2013
$1,180,000
Public Record