42 Neds Way, Tiburon, CA 94920, Tiburon, 94920 - 2 bed, 2 bath
42 Neds Way
Tiburon, CA 94920
Property Price
SUMMARY
Analysis of 42 Neds Way, Tiburon, CA 94920 is currently available with a list price of $282,700. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Tiburon 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and was recently refreshed with new interior paint, new flooring, and updated kitchen appliances including a new dishwasher and range hood. Built in 2002, the home is well-maintained with functional systems and features attractive bay views through extensive windows, meeting the criteria for a well-kept property with recent partial updates.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
As a Below Market Rate (BMR) property in the prestigious Tiburon area, it offers a rare opportunity for qualified buyers to own a home at a fraction of the typical local market value.
- Move-In Ready Condition
The interior has been recently refreshed with new paint, new flooring, and updated kitchen appliances, including a new range hood and dishwasher.
- Scenic Bay Views
The unit features extensive windows that provide abundant natural light and beautiful views of the bay, enhancing the overall living experience.
CONSRISKS & DEFICIENCIES
- Stringent Eligibility Restrictions
The property is subject to strict age (62+), income (80% AMI), and first-time homebuyer requirements, significantly narrowing the pool of potential purchasers.
- High Association Fees
The monthly association fee of $1,040 is relatively high, which may impact the overall monthly affordability for low-to-moderate income households.
About 42 Neds Way
Well-appointed an age-restricted (62+). Below Market Rate (BMR). Recently refreshed with interior paint and new flooring. The a new range hood, and a new 18-inch dishwasher. Beautiful light from extensive windows and views of the bay. Available to income-qualified households with total annual income of 80 Area Median Income (AMI)at . Sale is subject to program eligibility requirements and recorded resale restrictions; Marin Housing's BMR Homeownership Program offers low to moderate-income, first-time homebuyers the opportunity to purchase one of approximately 320 BMR homes throughout Marin County at prices substantially below market value. Resale Restrictions are recorded on title to ensure the property's continued affordability and stipulate program requirements.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2002
- Lot Size
- 767 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1040 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 5.0 | 50% |
| Baths | 2.0 | 3.0 | 50% |
| Square foot | 1,010 | 2,553 | 50% |
| Lot Size | 767 | 6,325.085 | 50% |
| Price | $282.7K | $1.50M | 50% |
| Price per sq ft | $280 | $471 | 50% |
| Built year | 2002 | 1987 | 50% |
| HOA | $1040 | $520 | 50% |
| Days on market | 37 | 158 | 50% |
Pricing History
Listed for Sale
Jan 29, 2026
$282,700
Initial Listing