440 Panoramic Highway, Mill Valley, CA 94941, Mill Valley, 94941 - 1 bed, 1 bath
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440 Panoramic Highway
Mill Valley, CA 94941
ACTIVE
CONDITION: POOR
1Beds
1Baths
852Sq Ft
7,314Lot Size
Property Price
LIST PRICE$795,000
EST. MARKET VALUE
$795,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $795,000, which aligns with the current $795,000 Fair Market Value. While requiring significant updates, the Fair Condition Rating is offset by a generous 7,314 sq. ft. lot and panoramic Mt. Tamalpais views. Located in a district with Top-Rated Schools (9/10 ratings for local middle and elementary options), the home offers a rare canvas for value-add renovation. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a strategic project in a premier Mill Valley location.
Estimated Market Value
$795,000
Based on Realkey algorithm analyzing recent comparable sales in Mill Valley.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1950 and explicitly marketed as a 'contractor opportunity' needing 'significant updating,' this property fits the criteria for a major rehab. While the kitchen features a newer stainless stove, the cabinetry, countertops, and overall infrastructure are dated and likely exceed 30 years in age. The listing's focus on 'restoring or reimagining' and its appeal to investors suggests the systems and interior require a full overhaul to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7314, living area = 852.
- Great Schools
Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
- Prime Location & Outdoor Access
Situated near Mt. Tamalpais and the Golden Gate National Recreation Area, the property offers unparalleled access to world-class hiking, biking, and coastal destinations like Muir Woods and Stinson Beach.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The existing structure is in need of significant updating and modernization, which will require a substantial additional investment of time and capital from the buyer.
- Limited Living Space
With only one bedroom and approximately 852 square feet of living space, the current footprint is quite small, which may limit its functionality for many modern buyers.
About 440 Panoramic Highway
New price! Rare opportunity to restore or reimagine this charming one-bedroom, one-bath cottage in a peaceful, natural setting. Situated on a generous 7,300 sq. ft. lot, this approximately 850 sq. ft. home is ready for its next chapter. In need of significant updating, it presents an exceptional opportunity for contractors, investors, or buyers with the vision to create a truly special retreat. The existing residence features a convenient single-level floor plan, a spacious view deck, and outstanding Mt. Tamalpais views. Whether you choose to thoughtfully renovate the existing home or explore its future potential (buyer to investigate), the setting provides the perfect canvas for creating an idyllic private sanctuary. Located just minutes from the renowned hiking and mountain biking trails of the Golden Gate National Recreation Area and Mt. Tamalpais, the property offers immediate access to some of Marin County's most treasured outdoor destinations. Muir Woods, Muir Beach, Stinson Beach, and the Mountain Home Inn are all nearby, while the shops, restaurants, and amenities of downtown Mill Valley remain within easy reach.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 7,314 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Mill Valley Unified Schools
Old Mill Elementary School
Grades K-5 • 0.7 mi
8/10
Park Elementary School
Grades PK-5 • 1.3 mi
9/10
Edna Maguire Elementary School
Grades K-5 • 2.3 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.3 |
| Baths | 1.0 | 2.7 |
| Square foot | 852 | 2,079.875 |
| Lot Size | 7,314 | 7,480.325 |
| Price | $795.0K | $2.25M |
| Price per sq ft | $933 | $1.1K |
| Built year | 1950 | 1960 |
| HOA | $0 | $160 |
| Days on market | 103 | 32 |
Pricing History
Listed for Sale
Aug 30, 2026
$795,000
$895,000
-11% Price Drop
Initial Listing
Price Change
Jul 13, 2026
$895,000
Initial Listing