495 San Rafael Ave, Belvedere, CA 94920, Belvedere, 94920 - 3 bed, 1 bath
495 San Rafael Ave
Belvedere, CA 94920
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1907, this property is positioned as a major renovation project, evidenced by the inclusion of approved plans to fully remodel and expand the home. The current 3-bedroom, 1-bathroom configuration is functionally obsolete for the area's luxury standards. The exterior shows significant age with dated windows and railings, and the listing notes that core systems and structural elements likely require modernization to meet contemporary building standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Bel Aire Elementary School (9/10). Middle School: Del Mar Middle School (9/10).
- Prime Belvedere Location
Situated in the exclusive Belvedere Island neighborhood, the property offers a prestigious address within walking distance of the SF Yacht Club, luxury dining, and the ferry terminal.
- Approved Expansion Plans
The property is sold with approved plans to remodel and expand the home by 845 sqft, providing a significant head start on development and adding immediate value.
CONSRISKS & DEFICIENCIES
- Bathroom Deficiency
The current configuration includes only one bathroom for three bedrooms, which is functionally inadequate for modern luxury standards and family living.
- Limited Existing Square Footage
At only 1,224 square feet, the current living space is quite small for the price point, making the execution of the expansion plans almost a necessity.
- Historic Age and Maintenance
Built in 1907, the home likely requires significant modernization of its core systems and structural elements to meet contemporary building standards.
About 495 San Rafael Ave
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1907
- Lot Size
- 6,200 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Belvedere Unified Schools
Reed Elementary School
Grades K-2 • 0.5 mi
Bel Aire Elementary School
Grades 3-5 • 2.7 mi
Del Mar Middle School
Grades 6-8 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 33% |
| Baths | 1.0 | 3.0 | 6% |
| Square foot | 1,224 | 3,408 | 6% |
| Lot Size | 6,200 | 13,574.5 | 6% |
| Price | $2.00M | $4.23M | 6% |
| Price per sq ft | $1.6K | $1.3K | 75% |
| Built year | 1907 | 1964 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 188 | 10% |
Pricing History
Listed for Sale
Jan 29, 2026
$1,999,900
Initial Listing
Sold
Oct 24, 2024
$1,700,000
Public Record