
Mill Valley, CA 94941
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $1,850,000—positioned well below the $1,966,094 Fair Market Value by 5%. This valuation gap offers $116,094 in Instant Equity. Featuring a Condition Rating of 3, the home offers soaring vaulted ceilings and sweeping hillside views. With top-rated schools like Mill Valley Middle and Tamalpais Valley Elementary nearby, this property is an ideal acquisition for Owner-Occupants or investors seeking a versatile asset with significant ADU potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 Laverne Avenue Subject | $1,850,000* List Price | 4 | 2 | 1,977 | $994 | - |
A 841 Chamberlain Court Sold | $2,400,000 | 4 | 3 | 2,078 | $1,155 | 1.0 mi |
B 23 Monte Cimas Avenue Sold | $1,610,000 | 2 | 2 | 2,190 | $735 | 0.8 mi |
C 311 Edgewood Avenue Sold | $2,100,000 | 3 | 2 | 1,800 | $1,167 | 0.5 mi |
D 195 Edgewood Avenue Pending | $2,195,000 List Price | 4 | 3 | 2,335 | $940 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1961, the property has been well-maintained and updated. The kitchen features stainless steel appliances and stone countertops, though the cabinetry reflects a renovation from approximately 10-15 years ago. The interior boasts high-quality finishes including vaulted wood ceilings, skylights, and hardwood flooring, making it fully move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10581, living area = 1977.
Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
The residence features soaring vaulted ceilings, dramatic exposed beams, and expansive skylights that create a sophisticated, light-filled atmosphere highly sought after in Mill Valley.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1977, other record living area = 2489.
With four bedrooms but only two bathrooms, the home may feel underserviced for larger families or guests, potentially requiring a layout reconfiguration.
Built in 1961, the property may require updates to its original systems or cosmetic refreshments to meet the expectations of modern luxury buyers.
This special Laverne home offers a rare blend of natural beauty, thoughtful design, and convenience, all just minutes from vibrant shops, restaurants, and everyday amenities in idyllic Mill Valley. Set within a peaceful and private setting with sweeping views of open space, rolling hillsides, and lush tree canopies, this residence offers an incredible sense of retreat while remaining closely connected to town. Inside, soaring vaulted ceilings, dramatic exposed beams, expansive skylights, and abundant natural light create an inviting atmosphere throughout. The main level open floor plan flows seamlessly from room to room, striking the perfect balance between spaciousness and warmth, ideal for both relaxed daily living and entertaining family and friends. A large outdoor deck extends the living experience into the surrounding landscape, creating inviting spaces to enjoy morning coffee, evening sunsets, and the tranquility of nature year round. Level outdoor areas provide flexibility for gardening, play, or simply enjoying the fresh air and peaceful surroundings. An unfinished space with its own separate entrance offers versatility as a future home office, guest quarters, in law suite, or au pair space, adapting easily to a variety of lifestyles and needs.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades PK-5 • 1.5 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,977 | - |
| Lot Size | 10,581 | - |
| Price | $1.85M | $2.35M |
| Price per sq ft | $936 | $1.1K |
| Built year | 1961 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 30 |
Jun 25, 2026
$1,850,000
Initial Listing
Feb 17, 2016
$1,295,000
Public Record