
Larkspur, CA 94939
This Waterfront Condominium is a Strong Value Opportunity, listed at $555,000—positioned well below the $592,623 Fair Market Value by 6%. This valuation gap provides $37,623 in Instant Equity. Boasting a Good Condition Rating, the home features an updated kitchen, remodeled bathroom, and a private deck with creek views. Residents enjoy direct access to a community dock and proximity to top-rated schools and downtown Larkspur. This rare find is perfectly suited for lifestyle-oriented professionals or Owner-Occupants seeking a turnkey waterfront retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 Larkspur Plaza Drive #9 Subject | $555,000* List Price | 2 | 1 | 815 | $727 | - |
A 629 Larkspur Plaza Drive Sold | $626,000 | 1 | 1 | 738 | $848 | 0.1 mi |
B 310 Larkspur Plaza Drive Sold | $612,500 | 2 | 1 | 944 | $649 | 0.1 mi |
C 505 Larkspur Plaza Drive #4A Active | $675,000 List Price | 2 | 1 | 815 | $828 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1973, the property features an updated kitchen and remodeled bathroom. The interior appears well-maintained and move-in ready. The style of the kitchen updates (white tile countertops and white appliances) suggests a renovation within the 10-20 year range, placing it firmly in the 'Good' category.
The property offers rare, direct access to Corte Madera Creek with a community dock for kayaking and paddleboarding, providing a unique outdoor-oriented living experience.
Situated in an A+ location just blocks from downtown Larkspur, the unit provides exceptional proximity to top-rated schools, dining, shopping, and the Mt. Tam Racquet Club.
The home features a spacious updated kitchen and a remodeled bathroom, complemented by custom built-ins and a gas fireplace for a move-in-ready feel.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The monthly association fee of $900 is notably high relative to the list price and square footage, which may impact overall affordability for some buyers.
With only one bathroom for two bedrooms and the lack of in-unit laundry, the property may face challenges competing with more modern condominium layouts.
Unique, one-level waterfront living just blocks from downtown Larkspur at a price you just can't beat! Nestled along the scenic Corte Madera Creek, this 11-unit complex offers a waterfront lifestyle coupled with a convenient, central location. This charming one-level, ground-floor 2-bedroom, 1-bathroom unit has a peek-a-boo view of the creek and direct access to a private patio/deck. Whether you imagine yourself kayaking on the creek from the community dock or relaxing on your patio with a cup of coffee in hand, this special creek side lifestyle is waiting for you. The updated, spacious kitchen features ample cabinetry and counter space and opens seamlessly to a sun-filled living/dining room combination. The living room is bright and inviting, complete with a picture window, gas fireplace, and custom built-ins. The remodeled bathroom conveniently serves both bedrooms. Additional amenities include a carport, additional storage, on-site laundry, central courtyard, community dock and easy access to the waterfront. With Corte Madera Creek as your backyard, kayaking or paddleboarding is just steps away. Located near the Mt. Tam Racquet Club, top-rated schools, restaurants, a movie theater, and shopping, this is a rare opportunity in an A+ location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 815 | 815 | 50% |
| Lot Size | 1,960 | 945 | 67% |
| Price | $555.0K | $612.5K | 33% |
| Price per sq ft | $681 | $681 | 50% |
| Built year | 1973 | 1973 | 50% |
| HOA | $900 | $900 | 50% |
| Days on market | 40 | 121 | 33% |
Apr 27, 2026
$555,000
Initial Listing
Mar 19, 2004
$389,000
Public Record