
San Rafael, CA 94901
This Waterfront Condominium is a Strong Value Opportunity, listed at $575,000—positioned well above the $542,892 Fair Market Value by 5%. While priced slightly above market, the property offers a rare, resort-like lifestyle with unobstructed panoramic waterfront views and private decks. The unit maintains a Condition Rating of 3, featuring modern laminate flooring and stainless steel appliances. Its unique location on San Rafael Creek provides a serene retreat for Owner-Occupants or first-time buyers seeking an attainable entry into Marin County’s exclusive waterfront market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 490 Canal Street #9 Subject | $575,000* List Price | 2 | 2 | 1,008 | $490 | - |
A 132 Tiburon Boulevard Sold | $560,000 | 2 | 2 | 1,280 | $438 | 0.9 mi |
B 207 Bahia Place Pending | $425,000 List Price | 2 | 1 | 840 | $506 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1975, the condo has been well-maintained and updated with modern laminate flooring, fresh interior paint, and stainless steel kitchen appliances. The kitchen and bathrooms are fully functional, clean, and the unit is in move-in ready condition.
Situated in a gated enclave with a community dock and available boat slips, this property offers rare direct access to San Rafael Creek for boating, kayaking, and paddleboarding.
As a ground-level corner end unit, the residence provides enhanced privacy, superior natural light, and two private decks that offer serene, unobstructed views of the water and local wildlife.
The property represents an attainable entry point into Marin County waterfront living, conveniently located minutes from Highway 101, I-580, and major shopping hubs like Whole Foods.
Built in 1975, the building and unit may require more frequent maintenance or updates to aging infrastructure compared to newer residential developments.
At 1,008 square feet, the interior living space is relatively modest for a two-bedroom, two-bathroom configuration, which may feel restrictive for some buyers.
A special waterfront offering on the shores of San Rafael Creek, Sabriski Cove is a gated waterfront enclave with a distinctly resort-like atmosphere. Comprised of just 21 residences, this hidden gem offers a rare blend of tranquility, value & waterfront living. A community dock with open boat slips available for lease provides direct access to a protected estuary & SF Bay for kayaking, paddleboarding, boating, fishing & countless opportunities to enjoy life on the water. This inviting ground-level corner end unit features 2 bedrooms & 2 baths, with captivating creekside outlooks that fill the home with natural light & serenity. Open living & dining areas are anchored by a welcoming fireplace, while glass doors open to a private deck overlooking the creek, where sailboats, motorboats & dazzling evening lights from nearby waterfront homes create a picturesque marina-like setting. A mirrored wall in the living room & mirrored-backed built-in cabinetry enhance the sense of space while reflecting natural light & adding a subtle sparkle throughout. The kitchen balances functionality with connection to the surrounding scenery. Pass-through openings preserve sightlines to the water, & white cabinetry, stainless steel appliances & open shelving create an inviting space for everyday living & entertaining. The full hall bath features blue tile inspired by the home's nautical setting. The spacious primary suite serves as a peaceful waterside retreat with its own private deck-ideal for morning coffee, yoga, or taking in tranquil waterfront views. The ensuite bath includes an open vanity area, private shower/tub & water closet, while a wall-length cedar-lined closet with built-ins provides generous storage. The 2nd bedroom offers custom shelving & a large walk-in closet. Additional conveniences include an in-unit stacked washer & dryer, storage closets on both decks & an assigned parking space directly in front of the residence. Ideally located minutes from Hwy 101 & I-580, downtown San Rafael, Whole Foods, Montecito Plaza & Andy's Market in Loch Lomond, this exceptional home offers the rare combination of waterfront living, dock access & everyday convenience. Enjoy wildlife viewing from your deck, including more than 35 species of birds, seals, otters & fish. Combining charming design, a captivating maritime setting & effortless access to amenities, this residence embodies relaxed Marin County living while offering a rare waterside lifestyle at an attainable price.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,008 | - |
| Lot Size | 1,694 | - |
| Price | $575.0K | $430.2K |
| Price per sq ft | $570 | $439 |
| Built year | 1975 | 0 |
| HOA | $499 | $0 |
| Days on market | 35 | 102 |
Jun 17, 2026
$575,000
Initial Listing
Aug 4, 2021
$645,000
Public Record
Feb 28, 2006
$889,090
Public Record
Nov 4, 2003
$369,000
Public Record