
Mill Valley, CA 94941
Analysis of 460 A Cascade Dr, Mill Valley, CA 94941 is currently available with a list price of $1,799,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Mill Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1920 with no mention of recent renovations and interior photos withheld, which typically indicates dated or distressed conditions. The exterior shows significant moss on the roof and aged systems, suggesting the property requires a comprehensive rehab to modernize the kitchen, baths, and infrastructure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46000, living area = 1860.
Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
The property is currently configured as two separate residences (3BR/2BA and 1BR/1BA), offering excellent rental income, multigenerational living options, or the potential to convert back into a grand single-family estate.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =46000, other record lot size in square feet = 37062.
Both units are currently tenant-occupied, which may present challenges for buyers seeking immediate possession or those wishing to perform extensive renovations without coordinating with existing residents.
Public records only reflect three bedrooms while the home is marketed as four, which could potentially complicate financing, appraisals, or future permitting processes for the new owner.
Nestled beneath a canopy of towering redwoods in historic Cascade Canyon, this circa-1900 Tudor offers a rare combination of architectural character, privacy, flexibility, and over an acre of picturesque grounds just minutes from downtown Mill Valley. Currently configured as two tenant-occupied residences, the upper level features a spacious three-bedroom, two-bath home with a dedicated laundry room and an abundance of windows that fill the living spaces with natural light while framing the peaceful woodland setting and inviting in the fresh redwood air. The lower level offers a one-bedroom, one-bath residence, creating excellent income potential, multigenerational living, or the opportunity to thoughtfully convert the property back into one extraordinary single-family home. Charming stone bridge welcomes you to the property, where multiple outdoor sitting and gathering areas invite you to relax, entertain, or simply enjoy the tranquility of the surrounding redwoods. Additional features include a large, flat side yard, generous under-house storage, and the other side has a parking are for multiple cars. The expansive parcel widens beyond the bridge, offering exceptional flexibility and inviting buyers to envision what more may be possible. Buyers may wish to explore opportunities for future enhancements or additional improvements, including the potential for a separate structure, subject to their own investigation and any required approvals. Ideally located just minutes from downtown Mill Valley's boutiques, cafés, restaurants, and everyday conveniences, the property also provides easy access to the renowned hiking and cycling trails of Cascade Canyon, Mount Tamalpais State Park, and Muir Woods National Monument. A truly unique offering where timeless Tudor architecture, income potential, and an extraordinary natural setting come together in one of Mill Valley's most iconic locations.*pubic records reflect only 3 bedrooms. Interior pictures upon request.
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades K-5 • 0.9 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,860 | - |
| Lot Size | 46,000 | - |
| Price | $1.80M | $2.35M |
| Price per sq ft | $967 | $1.1K |
| Built year | 1920 | 0 |
| HOA | $0 | $0 |
| Days on market | 11 | 30 |
Jul 11, 2026
$1,799,000
Initial Listing