
San Rafael, CA 94903
This Luxury 55+ Condominium is a Strong Value Opportunity, listed at $425,000—positioned well below the $443,390 Fair Market Value by 4%. This valuation gap provides $18,390 in Instant Equity. Maintaining a Fair Condition Rating, the residence features a rare 1.5-bath layout, a private deck with hill views, and a cozy fireplace. Residents access world-class amenities including chef-prepared dining and weekly housekeeping within the prestigious Smith Ranch Homes. This is an ideal acquisition for Owner-Occupants or Seniors seeking a refined, maintenance-free lifestyle in a secure, gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 Deer Valley Road #3D Subject | $425,000* List Price | 1 | 2 | 872 | $508 | - |
A 300 Deer Valley Road 2K Sold | $429,000 | 1 | 2 | 821 | $523 | 0.1 mi |
B 300 Deer Valley Road 4E Sold | $390,000 | 1 | 1 | 753 | $518 | 0.1 mi |
C 1064 Los Gamos Road G Sold | $350,000 | 2 | 1 | 850 | $412 | 1.0 mi |
D 401 North Avenue 210 Sold | $472,725 | 2 | 2 | 932 | $507 | 0.3 mi |
E 134 Roundtree Boulevard Sold | $449,000 List Price | 2 | 2 | 949 | 0.7 mi | |
F 400 Deer Valley Road #4D Active | $425,000 List Price | 1 | 2 | 872 | $487 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, this property is exceptionally well-maintained but fits the 'fair' criteria due to its age and largely original features. The kitchen and bathrooms show signs of being outdated, featuring 90s-style cabinetry, fluorescent light boxes, and gold-tone fixtures. While there are some updates like stone countertops and a stainless steel refrigerator, the home has not undergone a full modern renovation.
Elementary School: Dixie Elementary School (9/10).
The property offers a comprehensive luxury lifestyle within a premier 55+ community, including chef-prepared dining, weekly housekeeping, and 24-hour security.
Located in the highly desirable 400 Building, this residence provides central and convenient access to the clubhouse, fitness center, and social hubs.
The monthly association fee of $3,180 is substantial and may be a deterrent for buyers sensitive to high recurring overhead expenses.
As an age-restricted 55+ community, the property has a limited pool of potential buyers, which can impact market reach and resale timelines.
Rarely available Plan 2 residence in the highly sought after 400 Building at Smith Ranch Homes, Marin's premier luxury 55+ gated community. This thoughtfully designed floor plan offers one spacious bedroom and one and a half baths, creating an ideal blend of comfort, privacy, and flexibility. The light filled living and dining areas create a warm and inviting setting for everyday living and entertaining, centered around a beautiful fireplace that adds both character and comfort. A well appointed kitchen offers generous cabinetry and workspace, while the spacious primary suite features an ensuite bath and direct access to the private deck, offering a peaceful place to enjoy fresh air and the surrounding greenery. A separate powder room adds convenience for guests. The 400 Building is one of the most desirable locations within the community, valued for its central placement and convenient access to the exceptional amenities that make Smith Ranch so special. Residents enjoy a resort style lifestyle surrounded by beautifully landscaped grounds, walking paths, a vibrant clubhouse, fitness center, pool and spa, library, and a rich calendar of social activities. Weekly housekeeping, chef prepared dining, and 24 hour security create a truly effortless living experience. Ideally located in San Rafael near shopping, restaurants, hiking trails, and the best of Marin County, Smith Ranch offers a refined and connected lifestyle designed for comfort, ease, and community.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.5 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 28% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 872 | 1,002.5 | 30% |
| Lot Size | 871 | 1,080 | 39% |
| Price | $425.0K | $422.5K | 50% |
| Price per sq ft | $487 | $490 | 50% |
| Built year | 1991 | 1985 | 63% |
| HOA | $3180 | $2.8K | 54% |
| Days on market | 43 | 221 | 2% |
Mar 10, 2026
$425,000
Initial Listing
Jun 29, 2022
$430,000
Public Record
Aug 1, 2002
$417,500
Public Record
Jun 8, 1995
$220,000
Public Record