40 El Mirador Drive, Nicasio, CA 94946, Nicasio, 94946 - 3 bed, 3 bath
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Nicasio, CA 94946
Analysis of 40 El Mirador Drive, Nicasio, CA 94946 is currently available with a list price of $1,990,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Nicasio Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is 50 years old (built 1974) and retains its original kitchen and bathroom finishes. The parquet flooring, dated cabinetry, and older appliances are significantly past their functional lifespan and require a full rehab to meet modern standards, consistent with the >30-year criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 234841, living area = 2338.
Situated on a private 5.39-acre hilltop, the property offers breathtaking, unobstructed views stretching from Mt. Tamalpais to Mt. Diablo, providing a rare sense of privacy and natural beauty.
The massive 3,906 sq ft two-story workshop is a standout feature, offering unparalleled space for car collectors, artists, or professional-grade hobbies that far exceeds typical residential offerings.
Built in 1974, the residence may require significant cosmetic or systems updates to align with contemporary luxury expectations and modern energy efficiency standards.
The combination of extensive acreage and a secondary building nearly double the size of the main home necessitates substantial ongoing maintenance and fire-defensible space management.
Set atop a private 5.39-acre hilltop in the heart of Nicasio, 40 El Mirador Drive is an exceptional retreat capturing sweeping views stretching from Mt. Tamalpais to Mt. Diablo, across open meadows and into the surrounding forest. The warm and thoughtfully designed 2,338 sq ft residence embraces its setting with expansive windows framing views from nearly every room. A generous deck extends the living space outdoors, perfect for entertaining or quiet evenings watching the light change across the hills. The upper level is dedicated to a private primary suite with commanding vistas, while the main level offers two additional bedrooms, a full bathroom, and a half bath. An impressive 3,906 sq ft two-story workshop building sets this property apart, having previously housed a car collection, music creation, and woodworking shop, equally suited to serious hobbies, creative pursuits, or professional endeavors. About fifteen minutes from Highway 101 via fully paved, well-maintained roads, this is the rare West Marin property that offers genuine seclusion without sacrifice.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,338 | 2,305.5 | 50% |
| Lot Size | 234,841 | 400,316 | 25% |
| Price | $1.99M | $1.58M | 75% |
| Price per sq ft | $851 | $724 | 75% |
| Built year | 1974 | 1975 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 200 | 25% |
Apr 16, 2026
$1,990,000
Initial Listing
Feb 18, 2016
$1,410,000
Public Record