50 Porto Bello Drive, OUT OF AREA, CA 94901, OUT OF AREA, 94901 - 2 bed, 2 bath
50 Porto Bello Drive
OUT OF AREA, CA 94901
Property Price
SUMMARY
Analysis of 50 Porto Bello Drive, OUT OF AREA, CA 94901 is currently available with a list price of $850,000. 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 OUT OF AREA 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1963, the property has undergone extensive recent renovations that bring it up to modern standards. The interior features brand new flooring, fresh paint, and newer windows. The kitchen and bathrooms have been modernized with contemporary cabinetry, stone countertops, and stainless steel appliances. With vaulted ceilings and a move-in-ready condition, the home shows no signs of deferred maintenance and meets the criteria for a fully renovated property.
PROSSTRENGTHS & OPPORTUNITIES
- Waterfront Lifestyle
The property offers tranquil waterfront living with expansive views and exclusive HOA access to a private dock and pool, providing a premium coastal experience.
- Recent Interior Upgrades
The home features significant recent improvements including fresh paint, brand new flooring, and newer windows, ensuring a modern and move-in-ready environment.
- Desirable Layout
This single-level floor plan is enhanced by vaulted ceilings and a spacious primary suite with a private patio, offering both accessibility and architectural appeal.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The monthly HOA fee of $937 is substantial, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Property Age
Built in 1963, the aging infrastructure of the complex may lead to higher long-term maintenance requirements or potential future assessments despite the unit's internal updates.
About 50 Porto Bello Drive
Enjoy tranquil waterfront living in this beautiful single-level condo in San Rafael. Featuring expansive views with recent upgrades throughout, this homes offers comfort, style, and convenience. A spacious living room with vaulted ceilings and a cozy fireplace, a separate dining room, fresh new paint, brand new flooring, a generous primary suite with a private patio, second bedroom for guest or a home office, newer windows with blinds, indoor laundry, 1 car garage. Ideally located near shopping, dining, and schools. HOA has a pool and a private dock for water access.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1963
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $937 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | - | 883.5 | 8% |
| Lot Size | - | 1,651 | 8% |
| Price | $850.0K | $437.0K | 83% |
| Price per sq ft | $0 | $433 | 8% |
| Built year | 1963 | 1963 | 50% |
| HOA | $937 | $631 | 92% |
| Days on market | 4 | 190 | 8% |
Pricing History
Listed for Sale
Mar 3, 2026
$850,000
Initial Listing