402 Alexander Avenue, Larkspur, CA 94939, Larkspur, 94939 - 5 bed, 4 bath
402 Alexander Avenue
Larkspur, CA 94939
Property Price
SUMMARY
Analysis of 402 Alexander Avenue, Larkspur, CA 94939 reveals a property with a current list price of $5,995,000, which is 12% above the estimated $5,234,703 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Larkspur Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 402 Alexander Avenue Subject | $5,995,000* List Price | 5 | 4 | 2,703 | $1,937 | - |
A 22 Orchid Drive Sold | $4,277,000 List Price | 4 | 4 | 2,536 | 0.5 mi | |
B 111 WILLIAM Avenue Sold | $5,995,000 | 4 | 3 | 3,219 | $1,862 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 402 Alexander Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- -
- Lot Size
- 7,083 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Larkspur Unified Schools
Neil Cummins Elementary School
Grades K-5 • 0.4 mi
Hall Middle School
Grades 6-8 • 0.7 mi
Redwood High School
Grades 9-12 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 95% |
| Baths | 4.0 | 3.0 | 70% |
| Square foot | 2,703 | 2,324 | 80% |
| Lot Size | 7,083 | 7,939 | 40% |
| Price | $6.00M | $2.55M | 90% |
| Price per sq ft | $2.2K | $1.1K | 95% |
| Built year | - | 1969 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 204 | 185 | 70% |
Pricing History
Sold
Nov 7, 2025
$4,565,000
Public Record
Listed for Sale
Aug 15, 2025
$5,995,000
Initial Listing
Sold
Jun 2, 2023
$1,950,000
Public Record
Sold
Jan 6, 2006
$200,000
Public Record