4980 Paradise Drive, Tiburon, CA 94920, Tiburon, 94920 - 4 bed, 2 bath
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Tiburon, CA 94920
Analysis of 4980 Paradise Drive, Tiburon, CA 94920 reveals a property with a current list price of $4,495,000, which is 18% above the estimated $3,652,350 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 Tiburon Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4980 Paradise Drive Subject | $4,495,000* List Price | 4 | 2 | 3,165 | $1,154 | - |
A 10 Barner Lane Sold | $3,700,000 | 5 | 3 | 3,556 | $1,040 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947, the property's interior is severely outdated, particularly the kitchen with its blue tiled countertops and older cabinets, and the bathrooms with their dated tile and fixtures. Carpets are worn, and many light fixtures are traditional and old. The property analysis explicitly states the existing structure 'likely requires substantial modernization, renovation, or complete redevelopment.' While livable, it requires substantial repairs and rehabilitation to meet contemporary standards, aligning with the 'poor' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 41100, living area = 3165.
The property offers breathtaking panoramic views of the San Francisco Bay and Marin County, enhanced by floor-to-ceiling windows, providing a highly desirable aesthetic.
With an expansive 41,100 sqft lot, the property can be subdivided to allow for the construction of two distinct homes, each with separate road access, presenting a rare investment opportunity.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =41100, other record lot size in square feet = 22100.
Built in 1947, the current residence likely requires substantial modernization, renovation, or complete redevelopment to meet contemporary luxury standards, adding significant cost and effort for a buyer.
The list price of $4.495 million, coupled with the implied need for further substantial investment in renovation or new construction, creates a very high barrier to entry for potential buyers.
PANORAMIC, AMAZING VIEWS OF THE BAY! DEVELOPMENT OPPORTUNITY TO BUILD 2 HOMES!! Nestled in the prestigious Tiburon, this 3,165 sqft residence offers an unparalleled blend of serenity & opportunity. An expansive 41,100 sqft lot, this property boasts breathtaking panoramic views of the San Francisco Bay & the iconic beauty of Marin County. The home features 4 spacious bedrooms, 2.5 baths, & an open-concept living area that seamlessly blends indoor & outdoors comfort. Floor-to-ceiling windows frame mesmerizing bay views, flooding the home with natural light. The primary suite with direct access to the grounds. Enjoy exclusive water access from your own beach. This separate parcel provides unrestricted use of the bay and is included. What sets this property apart is its extraordinary development potential & can be subdivided, allowing for the construction of two distinct homes, each with access to separate roads. This rare opportunity is an ideal investment for developers, or those seeking to create a custom compound in one of Tiburon's most coveted locations. Surrounded by lush greenery & just minutes from downtown, top-rated schools, & world-class recreational opportunities, this property offers the best of coastal living with easy access to San Francisco.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 21% |
| Square foot | 3,165 | 2,932 | 52% |
| Lot Size | 41,100 | 13,574.5 | 90% |
| Price | $4.50M | $3.80M | 57% |
| Price per sq ft | $1.4K | $1.3K | 62% |
| Built year | 1947 | 1965 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 286 | 179 | 81% |
Jul 10, 2025
$4,495,000
Initial Listing