5 Forest Lane, San Rafael, CA 94903, San Rafael, 94903 - 1 bed, 1 bath
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5 Forest Lane
San Rafael, CA 94903
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
804Sq Ft
4,199Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$411,003
9% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $450,000—positioned well above the $411,004 Fair Market Value by -9%. Featuring a recently renovated kitchen, new flooring, and a fenced patio, the property maintains an Excellent Condition Rating. Residents enjoy resort-style amenities including pools and tennis courts, plus proximity to top-rated schools like Dixie Elementary. While the monthly HOA is notable, the ground-level, end-unit layout offers superior privacy. This property is an ideal sanctuary for first-time buyers or downsizing professionals seeking a move-in ready lifestyle.
Estimated Market Value
$411,003
Based on Realkey algorithm analyzing recent comparable sales in San Rafael.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5 Forest Lane Subject 1 bd · 1 ba · 804 sqft · $511 | $450,000* List Price | 1 | 1 | 804 | $511 | - |
A 29 Forest Lane Sold 2 bd · 2 ba · 984 sqft · $534 · 0.1 mi | $525,000 | 2 | 2 | 984 | $534 | 0.1 mi |
B 100 Thorndale Drive #412 Sold 2 bd · 2 ba · 1,120 sqft · $513 · 0.9 mi | $575,000 | 2 | 2 | 1,120 | $513 | 0.9 mi |
C 952 Lea Drive Active 1 bd · 1 ba · 680 sqft · $529 · 0.0 mi | $360,000 List Price | 1 | 1 | 680 | $529 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a recently renovated kitchen with modern grey shaker cabinets and stainless steel appliances, complemented by new flooring and fresh paint throughout. Despite the 1963 build date, these high-quality interior updates meet the criteria for a recent renovation in mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Dixie Elementary School (9/10).
- Prime Accessibility and Layout
As a ground-level end unit with no stairs and the largest one-bedroom floor plan in the complex, this property offers superior privacy and ease of access rarely found in condominium living.
- Turn-Key Interior Updates
The home features significant recent improvements, including newer kitchen cabinetry, fresh paint, and new flooring, providing a modern, move-in-ready aesthetic for the next owner.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $814 per month is notably high for a one-bedroom unit, which may impact buyer affordability and overall return on investment.
- Aging Infrastructure
Built in 1963, the property and complex may face challenges associated with older construction, potentially leading to future special assessments or maintenance requirements for aging systems.
About 5 Forest Lane
Beautiful ground-level one-bedroom condominium with no stairs, featuring the largest one-bedroom floor plan in the complex. This desirable end unit offers an enlarged bedroom, newer kitchen cabinets, new flooring and fresh paint, plus a fenced outdoor patio. Includes a covered garage with additional storage. Enjoy resort-style living with community swimming pools, tennis courts, clubhouse and weight room. Conveniently located near hiking and biking trails, shopping centers and other amenities. A beautiful property in a fantastic complex offering comfort, convenience and resort-style living.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1963
- Lot Size
- 4,199 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $814 / Month
Neighborhood Insights
San Rafael Unified Schools
Vallecito Elementary School
Grades K-5 • 0.7 mi
7/10
Dixie Elementary School
Grades K-5 • 1.5 mi
9/10
Mary E. Silveira Elementary School
Grades K-5 • 2.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 804 | 1,062.542 |
| Lot Size | 4,199 | 1,573.542 |
| Price | $450.0K | $577.5K |
| Price per sq ft | $560 | $482 |
| Built year | 1963 | 1978 |
| HOA | $814 | $1.1K |
| Days on market | 10 | 65 |
Pricing History
Listed for Sale
Oct 14, 2026
$450,000
Initial Listing