50 Porto Bello Drive, San Rafael, CA 94901, San Rafael, 94901 - 2 bed, 2 bath
50 Porto Bello Drive
San Rafael, CA 94901
Property Price
SUMMARY
Analysis of 50 Porto Bello Drive, San Rafael, CA 94901 is currently available with a list price of $850,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Rafael 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 move-in ready.
The property is move-in ready and features significant recent cosmetic updates, including brand new flooring, fresh interior paint, and newer windows. While the building dates back to 1963, the interior presents well with vaulted ceilings and a clean, modern aesthetic. The kitchen and bathrooms are well-maintained and functional, though they do not appear to have undergone the complete high-end gut renovation required for an 'excellent' rating. Overall, it is a well-kept, turnkey home with minimal immediate maintenance needs.
PROSSTRENGTHS & OPPORTUNITIES
- Waterfront Lifestyle & Amenities
The property offers a tranquil waterfront living experience with expansive views, a private deck, and exclusive HOA access to a private dock and pool.
- Turnkey Interior Updates
This home is move-in ready, featuring brand new flooring, fresh paint, and newer windows, providing a modern aesthetic and immediate comfort.
- Optimal Exposure & Layout
The south-eastern orientation ensures abundant natural light, while the single-level floor plan with vaulted ceilings creates a spacious and accessible living environment.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $937 is relatively high, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Building Age
Constructed in 1963, the property and its common infrastructure may require more frequent maintenance or future capital improvements compared to newer developments.
About 50 Porto Bello Drive
Enjoy tranquil waterfront living in this beautiful single-level condo in San Rafael. South eastern location with ton's of sun! Deck with views and private patio with expansive views. This home 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, in unit 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
- 4,199 Sq. Ft.
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
San Rafael Unified Schools
Bahia Vista Elementary School
Grades K-5 • 0.3 mi
San Pedro Elementary School
Grades K-5 • 0.7 mi
Coleman Elementary School
Grades K-5 • 1.2 mi
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 | 1,228 | 930.5 | 75% |
| Lot Size | 4,199 | 1,672.5 | 83% |
| Price | $850.0K | $437.0K | 83% |
| Price per sq ft | $692 | $441 | 75% |
| Built year | 1963 | 1963 | 50% |
| HOA | $937 | $631 | 92% |
| Days on market | 0 | 190 | 8% |
Pricing History
Sold
Jul 11, 2008
$542,000
Public Record
Listed for Sale
$850,000
Initial Listing