
Sausalito, CA 94965
This Value-Add Sausalito Condominium is listed at $499,000, positioned accurately near its $492,676 Fair Market Value. Currently holding a Fair Condition Rating, this 1963 asset is "ready-for-improvements," offering a clear path to forced appreciation through interior modernization. The property features Iconic Bay Views of the Bay Bridge and Angel Island, complemented by community amenities including a swimming pool and covered parking. Its prime location ensures a seamless San Francisco commute via Highway 101. This property represents a strategic entry point for Value-Add Investors or first-time buyers seeking to build equity in a high-demand coastal enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 369 Eden Roc Drive Subject | $449,000* List Price | 1 | 1 | 725 | $619 | - |
A 367 Eden Roc Drive Active | $489,000 List Price | 1 | 1 | 725 | $674 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in a well-maintained but highly dated condition, consistent with its 1963 build date. The kitchen features older white cabinetry, tiled countertops with wide grout lines, and dated electric coil appliances. The bathroom similarly shows older tile work and fixtures. While functional and 'ready for improvements' as described, the interior lacks modern updates to flooring, lighting, and cabinetry, placing it firmly in the fair category.
The property offers sweeping, unobstructed views of the Bay Bridge, Richardson Bay, Angel Island, and the harbor, providing a quintessential Sausalito living experience.
Ideally situated near Highway 101 and multiple transit options, this location ensures an effortless commute to San Francisco and easy access to Bridgeway’s amenities.
Residents enjoy a robust amenity package including a swimming pool with Mt. Tam views, covered parking, dedicated storage, and elevator access, which are significant value-adds for a condo.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2601, other record lot size in square feet = 327.
Marketed as 'ready-for-your-improvements,' the unit likely requires a capital investment for interior updates and modernization to reach its full market potential.
The reliance on on-site shared laundry facilities rather than in-unit hookups may be a drawback for buyers seeking maximum convenience in a residential property.
A bright, ready‑for‑your‑improvements Sausalito condo on the desirable north side, offering sweeping views of the Bay Bridge, Richardson Bay, Angel Island, and the harbor. Relax on your private balcony overlooking the bay and enjoy community amenities including a pool with Mt. Tam views, covered parking, storage, on‑site laundry, and an elevator. Ideally located near MLK Park's sports facilities and just minutes from Bridgeway, Highway 101, and multiple transit options for an easy San Francisco commute.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 18% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 725 | 1,122 | 9% |
| Lot Size | 2,601 | 1,089 | 91% |
| Price | $449.0K | $909.0K | 9% |
| Price per sq ft | $619 | $727 | 36% |
| Built year | 1963 | 1979 | 18% |
| HOA | $476 | $739 | 18% |
| Days on market | 54 | 162 | 18% |
Apr 20, 2026
$449,000
$499,000
-10% Price Drop
Initial Listing
Feb 27, 2026
$499,000
Initial Listing
Jun 16, 2004
$439,000
Public Record
Sep 5, 1997
$167,000
Public Record
Dec 8, 1993
$56,500
Public Record