5 Madrone Avenue, Woodacre, CA 94973, Woodacre, 94973 - 4 bed, 2 bath
5 Madrone Avenue
Woodacre, CA 94973
Property Price
SUMMARY
Analysis of 5 Madrone Avenue, Woodacre, CA 94973 reveals a Fairly Priced Property with a current list price of $1,425,000 aligned with the estimated $1,425,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Woodacre Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5 Madrone Avenue Subject | $1,425,000* List Price | 4 | 2 | 2,539 | $561 | - |
A 46 Park Street Sold | $1,195,000 List Price | 3 | 3 | 1,827 | 0.3 mi | |
B 231 Railroad Avenue Sold | $1,438,000 | 3 | 2 | 2,624 | $548 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1965, this property has undergone an extensive and high-quality renovation, aligning with the 'extensively renovated within 5 years' criteria. The 'Chef's kitchen' features high-end stainless steel appliances, Caesarstone and walnut countertops, and modern cabinetry. The main bathroom is 'stunningly remodeled' with dual sinks, custom walnut shelving, and contemporary tile work. Engineered hardwood floors and LED dimmable lighting are found throughout the main living areas and bedrooms. Crucially, major systems have been upgraded, including a new fusebox, furnace, water heater, Nest thermostat, electric car charger, and a whole-house automatic generator. While the lower-level bathroom appears less recently updated with vintage fixtures, the overwhelming majority of the home's components are new or virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14353, living area = 2539.
- Comprehensive Modern Remodel
The home has been beautifully remodeled throughout, featuring a Chef's kitchen with high-end appliances, Caesarstone/walnut countertops, and a stunning main bathroom, ensuring a contemporary and move-in ready living experience.
- Flexible Lower Level with In-Law Potential
The dedicated lower level with a bonus room and ensuite bedroom offers excellent versatility, ideal for a primary suite, guest quarters, or a potential in-law apartment (buyer to verify).
CONSRISKS & DEFICIENCIES
- Original Construction Age
Despite extensive remodeling, the home's original construction year of 1965 may still present underlying structural or system components (e.g., plumbing, foundation) that are older and could require future attention.
- Rural Location Trade-offs
While offering serenity and nature access, the Woodacre location might entail longer commute times to urban centers and potentially fewer immediate local amenities or services, which may not suit all buyers.
- Unverified In-Law Unit Status
The 'buyer to verify' clause for the lower-level in-law apartment potential suggests that its legal status or permitting as a separate dwelling unit is not confirmed, which could be a risk or additional step for buyers.
About 5 Madrone Avenue
Beautifully remodeled 4BR/2BA home nestled in the serene community of Woodacre. The connected living spaces are the heart of the home including a remodeled Chef's kitchen w/ high-end stainless steel appliances & Caesarstone and walnut countertops, large dining area w/ built-in bench and authentic Naguchi Akari light & the gracious living room with 3 Velux skylights and new Valor fireplace insert. These spaces enjoy sliding doors to the expansive deck with lush outlooks and ridge line views. The main level also includes 3 bedrooms & a stunningly remodeled bathroom with dual sink & custom walnut shelving system - all accented by Cle and bedrock tile. The lower level includes a large bonus room and bedroom with ensuite bath - perfect for the primary suite, visiting guests or an in-law apartment (buyer to verify). This floor leads to the lower deck & level backyard with separate gardening space and workshop/storage room. Engineered hardwood floors & LED dimmable lighting are featured throughout the home as well as upgrades including Nest thermostat, new fusebox, new furnace, water heater & electric car charger. A whole house automatic generator is also included. Access pristine trails from your front door and enjoy the rural charm of living in the San Geronimo Valley.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 14,353 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,539 | 1,645 | 80% |
| Lot Size | 14,353 | 10,001 | 80% |
| Price | $1.43M | $955.0K | 80% |
| Price per sq ft | $561 | $657 | 40% |
| Built year | 1965 | 1951 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 367 | 179 | 0% |
Pricing History
Listed for Sale
Mar 5, 2025
$1,425,000
Initial Listing
Sold
Feb 10, 2023
$1,275,000
Public Record