495 San Rafael Ave, Belvedere, CA 94920, Belvedere, 94920 - 3 bed, 1 bath
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Belvedere, CA 94920
Analysis of 495 San Rafael Ave, Belvedere, CA 94920 is currently available with a list price of $1,999,900. 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 Belvedere 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 1907, this property is being marketed as a renovation opportunity and is sold with approved plans to fully remodel and expand the structure. The current 3-bedroom, 1-bathroom configuration is functionally obsolete for the area, and the emphasis on the 'low price' and future expansion potential indicates that the existing systems and interior finishes require substantial rehabilitation to meet modern living standards.
Elementary School: Bel Aire Elementary School (9/10). Middle School: Del Mar Middle School (9/10).
Situated on exclusive Belvedere Island, the property offers an elite lifestyle within walking distance of the SF Yacht Club, ferry terminal, and high-end dining.
The sale includes approved plans to expand the home by 845 sqft, providing a streamlined path for the buyer to significantly increase the square footage and property value.
With only one bathroom for a three-bedroom residence, the current layout is undersized for modern family needs and requires immediate renovation.
The current 1,224 square foot structure is relatively small for the area, making the purchase highly dependent on the buyer's willingness to execute a major construction project.
Introducing 495 San Rafael Avenue, a rare opportunity to buy into the exclusive neighborhood of Belvedere island at a low price. Situated on a deep and premier lot with gorgeous views, this home features spacious bedrooms, a nice living room with large windows, a large kitchen, a big private backyard and more! Sold with APPROVED PLANS to fully remodel and expand the home by 845 sqft, allowing the next owner to create a truly bespoke living experience! Located walking distance to the SF Yacht Club, restaurants, shopping, and the ferry terminal yet tucked away in a quaint and quiet street. This is one you do not want to miss!
No exterior & parking available.
Grades K-2 • 0.5 mi
Grades 3-5 • 2.7 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 29% |
| Baths | 1.0 | 3.0 | 5% |
| Square foot | 1,224 | 2,861 | 7% |
| Lot Size | 6,200 | 13,279 | 7% |
| Price | $2.00M | $3.70M | 7% |
| Price per sq ft | $1.6K | $1.3K | 74% |
| Built year | 1907 | 1965 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 177 | 38% |
Jan 29, 2026
$1,999,900
Initial Listing
Oct 24, 2024
$1,700,000
Public Record