
San Anselmo, CA 94960
This Single Family Residence presents a Strong Value Opportunity, listed at $749,000—positioned well below the $750,544 Fair Market Value by 0.2%. This valuation gap offers $1,544 in Instant Equity for the buyer. Featuring a terraced backyard with a wooden pergola and a stylish kitchen, the home maintains a Condition Rating of 4, offering significant potential for cosmetic modernization. Its hillside location provides a peaceful retreat near downtown amenities, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40 Elm Avenue Subject | $749,000* List Price | 2 | 1 | 1,218 | $616 | - |
A 95 Ridge Road Pending | $799,000 List Price | 2 | 2 | 1,234 | $647 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, the property shows signs of age with significantly worn hardwood floors and a dated interior aesthetic. While the kitchen has been partially updated with stainless steel appliances and the water heater appears functional, the overall condition requires minor repairs and cosmetic modernization, consistent with a home that has not had a major renovation in over 15-20 years.
Situated on a leafy hillside just minutes from downtown San Anselmo, the property offers a perfect balance of peaceful seclusion and easy access to local shops, dining, and scenic trails.
The terraced backyard features a wooden pergola, paver patio, and stone retaining walls, creating an inviting and private space for outdoor relaxation and entertaining.
The home blends classic character with modern updates, including a stylish kitchen with stainless steel appliances, a skylight, and timeless hardwood flooring throughout.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1218, other record living area = 812.
With only one full bathroom serving two bedrooms, the layout may be less convenient for families or guests compared to more modern multi-bath configurations.
The hillside setting and terraced lot may present challenges regarding accessibility or limit the amount of flat, usable yard space for certain recreational activities.
Tucked into a leafy San Anselmo hillside, this two-level home blends warm character with everyday comfort. Step inside to find a bright, open living area where tile flooring flows into a stylish kitchen featuring stainless steel appliances, a gas range, glass-front cabinetry, and a skylight that fills the space with natural light. A slider off the main level opens to a terraced backyard, where a wooden pergola shades a paver patiothe perfect spot for morning coffee or evening conversation surrounded by stone retaining walls, mature trees, and seasonal blooms. The bedroom offers a cozy electric fireplace for added warmth and ambiance, while the full bathroom features a tub-shower combo and classic tile finishes. Rich hardwood floors run throughout much of the home, adding timeless appeal, and plantation shutters bring both privacy and charm to several rooms. Downstairs, a spacious attached one-car garage provides parking and extra storage, along with in-garage laundry hookups for added convenience. The home's cedar shingle exterior and covered entry porch give it standout curb appeal on the street, while its hillside setting offers a peaceful, tree-lined backdrop just minutes from downtown San Anselmo's shops, restaurants, and scenic trails.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,218 | - |
| Lot Size | 5,040 | - |
| Price | $749.0K | $1.65M |
| Price per sq ft | $615 | $893 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 37 |
Jul 9, 2026
$749,000
Initial Listing