40 42 Arenal Avenue, Stinson Beach, CA 94970, Stinson Beach, 94970 - 3 bed, 2 bath

40 42 Arenal Avenue, Stinson Beach, CA 94970 home-pic-0
ACTIVE$2,300,000$1,031/sqft
40 42 Arenal Avenue, Stinson Beach, CA 94970
3Beds
2Baths
1,031Sqft
5,000Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Exceptional A+ location, just a 1-minute walk to Stinson Beach, offering highly desirable coastal access and lifestyle.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1031, other record living area = 996. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$2.30M vs avg $3.90M ($-1,600,000)43%
Size:1,031 sqft vs avg 1,576 sqft29%
Price/sqft:$2.2K vs avg $2.2K57%

More Insights

Built in 1914 (112 years old).
Condition: Despite being built in 1914, the property has undergone extensive and high-quality renovations, making it 'turn-key'. Both kitchens feature modern, high-end appliances (Bosch, Fisher Paykel, Bertazzoni), updated cabinetry, and countertops. The bathrooms are also updated with contemporary vanities and fixtures. The cottages boast clean wood floors, modern lighting, and efficient electric wall heaters and on-demand water heaters. All visible components appear new or virtually new, reflecting current quality standards with no deferred maintenance.
Year Built
1914
Close
-
List price
$2.3M
Original List price
-
Price/Sqft
$2,231
HOA
$0
Days on market
-
Sold On
-
MLS number
325089994
Home ConditionExcellent
Features
Good View:
Deck
Spa
View-

About this home

2 Turn-Key Coastal Vacation Cottages in Town, 1 minute walk to beach! No need to drive once you park 2-5 cars inside the gated, fenced & private, flat lot with Mt. Tam Views. A+ location. #40 2BR/1BA is listed on vrbo. Short-Term Rental Licenses are still Available from Marin County to Buyer. #42 1BR/1BA owner occupied. The 1914 cottages have been updated without losing historic charm. Find Bosch Dishwashers, Fisher Paykel Refrigerators, gas ranges, on demand gas water heaters, modern electric wall heaters, full size washers/gas dryers, wood floors, propane hookups for bbq's, outdoor showers, and #42 has Softub Spa and Bertazzoni stove. Private Redwood decks with Mt. Tam views for dining and entertaining, and private areas to read & nap. The 'Red Shed' stores beach toys, wetsuits, surf & boogie boards, bikes, cushions & more. Apply for a remaining Short Term Rental License to continue renting 1 cottage, or keep them both for yourself. Guests have loved their stays at #40 for 6+ yrs. Read the raving VRBO reviews! Contact County of Marin STR coordinator for licensing information. Property has plum & apple trees, hydrangeas, roses, fuchsia, trumpet, honeysuckle, nasturtium and jasmine vines, bulbs, and a majestic Black Walnut Tree providing a garden setting & privacy, to the beach cottages.

L
Linda Saint Amant
Listing Agent

Price History

Date
Event
Price
03/04/19
Sold
$940,000
Condition Rating
Excellent

Despite being built in 1914, the property has undergone extensive and high-quality renovations, making it 'turn-key'. Both kitchens feature modern, high-end appliances (Bosch, Fisher Paykel, Bertazzoni), updated cabinetry, and countertops. The bathrooms are also updated with contemporary vanities and fixtures. The cottages boast clean wood floors, modern lighting, and efficient electric wall heaters and on-demand water heaters. All visible components appear new or virtually new, reflecting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Coastal Location: Exceptional A+ location, just a 1-minute walk to Stinson Beach, offering highly desirable coastal access and lifestyle.
Dual Income & Flexible Use: Comprises two turn-key cottages, one with established VRBO rental history and the other owner-occupied, providing immediate income potential or flexible use for personal enjoyment and guest accommodation.
Historic Charm with Modern Updates: The 1914 cottages have been thoughtfully updated with high-end appliances (Bosch, Fisher Paykel, Bertazzoni), modern amenities, and wood floors, while retaining their original historic charm.
Private Outdoor Living & Views: Features a gated, fenced, and private flat lot with Mt. Tam views, private redwood decks for entertaining, and a beautifully landscaped garden setting with mature trees and various plantings.
Proven Rental Success: Cottage #40 has a successful 6+ year short-term rental history with raving VRBO reviews, indicating strong guest satisfaction and income potential.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1031, other record living area = 996. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Age of Property: Built in 1914, the cottages, despite updates, may present ongoing maintenance considerations typical of historic properties.
Short-Term Rental License Contingency: While licenses are available, the buyer must apply for and secure the Short-Term Rental License from Marin County, which is not guaranteed and requires additional effort.
Compact Total Square Footage: The combined total square footage of 1031 sqft for two separate units (2BR/1BA and 1BR/1BA) is relatively compact, which might limit appeal for buyers seeking larger living spaces.
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