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402 Alexander Avenue, Larkspur, CA 94939, Larkspur, 94939 - 5 bed, 4 bath

402 Alexander Avenue, Larkspur, CA 94939 home-pic-0
ACTIVE$5,995,000$2,703/sqft
Est. Value: $5,234,704
-12%
AboveEstimate
402 Alexander Avenue, Larkspur, CA 94939
5Beds
4Baths
2,703Sqft
7,083Lot

Price Vs. Estimate

The estimated value ($5,234,703.97) is $760,296.03 (12%) lower than the list price ($5,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Newly Remodeled & Never Lived In: This home offers a rare opportunity for a pristine, move-in ready property, having been newly remodeled with modern flair and never occupied, ensuring fresh, high-quality finishes throughout.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2703, other record living area = 1282. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.

Compared to the nearby listings

Price:$6.00M vs avg $2.25M (+$3,745,000)90%
Size:2,703 sqft vs avg 2,192 sqft76%
Price/sqft:$2.2K vs avg $1.1K95%

More Insights

Condition: This property has been 'newly remodeled' and 'never lived in,' indicating a very recent and extensive renovation. The images showcase a gourmet kitchen with high-end stainless steel appliances (Sub-Zero, Wolf), custom cabinetry, and marble countertops. All bathrooms feature modern fixtures, stylish tiling, and contemporary vanities, including a luxurious primary bath with a freestanding tub and glass-enclosed shower. The flooring throughout is new, light-colored hardwood, complemented by modern lighting and a clean, open aesthetic. The presence of a JADU with its own new kitchen and bath further emphasizes the comprehensive and high-quality renovation, aligning perfectly with the 'Excellent' criteria of being virtually new with no deferred maintenance.
Year Built
Close
-
List price
$6M
Original List price
-
Price/Sqft
$2,218
HOA
$0
Days on market
-
Sold On
-
MLS number
325065009
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

Blending simple elegance with a modern flare, this newly remodeled, never lived in home, offers a rare opportunity for single level living in the coveted Palm Hill neighborhood of Larkspur. Designed by local architects Jared Polsky & Patrick Le Pelch in collaboration with Pamela Hayes Design & Tippett Landscape Design, every detail has been thoughtfully crafted to create a seamless connection between style, comfort & the surrounding natural beauty. The light-filled, open floor plan features 4 bedrooms, 2.5 baths, + a JADU under the same roof. The main living area boasts a spacious great room w/gourmet kitchen & family room, dining & living room w/gas F/P, & expansive deck. An exquisite primary suite offers a private patio, perfect for quiet mornings or evening relaxation. The versatile JADU w/its own kitchen, bath, and walk-in closet, has a private entrance, & access to the main living area - ideal for guests, extended family, or flexible workspace. Custom cabinetry, marble countertops, 2 laundry areas, attached garage, & 3 off-street parking spaces. A short stroll to charming shops and cafes of historic downtown Larkspur, w/Mt. Tamalpais & renowned hiking & biking trails as the backdrop, this is a rare chance to experience the best of Marin living in a truly exceptional setting.

P
Paul Fehrman
Listing Agent

Nearby schools

8/10
Neil Cummins Elementary School
Public,•K-5•0.4mi
7/10
Hall Middle School
Public,•6-8•0.7mi
8/10
Redwood High School
Public,•9-12•0.6mi

Price History

Date
Event
Price
11/07/25
Sold
$4,565,000
06/02/23
Sold
$1,950,000
01/06/06
Sold
$200,000
Condition Rating
Excellent
This property has been 'newly remodeled' and 'never lived in,' indicating a very recent and extensive renovation. The images showcase a gourmet kitchen with high-end stainless steel appliances (Sub-Zero, Wolf), custom cabinetry, and marble countertops. All bathrooms feature modern fixtures, stylish tiling, and contemporary vanities, including a luxurious primary bath with a freestanding tub and glass-enclosed shower. The flooring throughout is new, light-colored hardwood, complemented by modern lighting and a clean, open aesthetic. The presence of a JADU with its own new kitchen and bath further emphasizes the comprehensive and high-quality renovation, aligning perfectly with the 'Excellent' criteria of being virtually new with no deferred maintenance.
Pros & Cons

Pros

Newly Remodeled & Never Lived In: This home offers a rare opportunity for a pristine, move-in ready property, having been newly remodeled with modern flair and never occupied, ensuring fresh, high-quality finishes throughout.
Versatile Accessory Dwelling Unit (JADU): The property includes a JADU with its own kitchen, bath, and private entrance, providing exceptional flexibility for guests, extended family, or potential rental income, enhancing the property's value and utility.
Prime Location & Lifestyle: Situated in the coveted Palm Hill neighborhood of Larkspur, the home offers a short stroll to charming downtown shops and cafes, with Mt. Tamalpais and renowned hiking/biking trails as a natural backdrop, embodying the best of Marin living.
High-End Design & Craftsmanship: Designed by local architects and designers, every detail has been thoughtfully crafted, featuring custom cabinetry, marble countertops, and a seamless connection between style and comfort.
Desirable Single-Level Living & Open Floor Plan: The property offers the highly sought-after convenience of single-level living combined with a light-filled, open floor plan, including a spacious great room, ideal for modern lifestyles and entertaining.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2703, other record living area = 1282. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Recently Sold Property: The property was recently sold within the past year on 2025-11-07. The sold price is $4,565,000.00.
High Price Point: With a list price of nearly $6 million, this property targets a very specific, affluent buyer demographic, which may limit the overall market pool and extend time on market.
Modest Lot Size for Price Tier: While adequate, the 7,083 sqft lot size might be considered modest for a luxury property in this price range, potentially limiting extensive outdoor amenities or a larger private yard space that some high-end buyers might expect.
Absence of Cooling System Mention: The description highlights a gas fireplace but does not mention any air conditioning or dedicated cooling system, which could be a drawback for comfort during warmer months, especially in a newly remodeled home.
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