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505 Larkspur Plaza Drive 9, Larkspur, CA 94939, Larkspur, 94939 - 2 bed, 1 bath

505 Larkspur Plaza Drive 9, Larkspur, CA 94939 home-pic-0
ACTIVE$595,000$815/sqft
505 Larkspur Plaza Drive 9, Larkspur, CA 94939
2Beds
1Bath
815Sqft
1,960Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Waterfront Access & Lifestyle: The property offers unique one-level waterfront living along Corte Madera Creek, with direct access to a private patio/deck and a community dock for kayaking or paddleboarding, providing a desirable creek-side lifestyle.
Top Cons:
High Monthly Association Fee: The $900 monthly association fee is substantial for an 815 sqft, 2-bedroom unit, significantly impacting the total cost of ownership and potentially limiting buyer affordability.

Compared to the nearby listings

Price:$595.0K vs avg $952.5K ($-357,500)50%
Size:815 sqft vs avg 1,159 sqft50%
Price/sqft:$730 vs avg $80150%

More Insights

Built in 1973 (53 years old).
Condition: Built in 1973, this property has an 'updated kitchen' and 'remodeled bathroom' as per the description. However, visual inspection reveals that these updates, while clean and well-maintained, feature dated elements such as tile countertops, white appliances, a glass block window in the bathroom, and a green-tiled fireplace. The carpet also shows some wear. While move-in ready, the property would benefit from cosmetic updates to align with current styles, placing it firmly in the 'Fair' category where major components are functional but show signs of being outdated, consistent with renovations done 15-30 years ago.
Year Built
1973
Close
-
List price
$595K
Original List price
-
Price/Sqft
$730
HOA
$900
Days on market
-
Sold On
-
MLS number
325094534
Home ConditionFair
Features
Good View:
Deck
View-

About this home

Unique, one-level waterfront living just blocks from downtown Larkspur. 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.

P
Patricia Oxman
Listing Agent

Price History

Date
Event
Price
03/19/04
Sold
$389,000
Condition Rating
Fair
Built in 1973, this property has an 'updated kitchen' and 'remodeled bathroom' as per the description. However, visual inspection reveals that these updates, while clean and well-maintained, feature dated elements such as tile countertops, white appliances, a glass block window in the bathroom, and a green-tiled fireplace. The carpet also shows some wear. While move-in ready, the property would benefit from cosmetic updates to align with current styles, placing it firmly in the 'Fair' category where major components are functional but show signs of being outdated, consistent with renovations done 15-30 years ago.
Pros & Cons

Pros

Exceptional Waterfront Access & Lifestyle: The property offers unique one-level waterfront living along Corte Madera Creek, with direct access to a private patio/deck and a community dock for kayaking or paddleboarding, providing a desirable creek-side lifestyle.
Prime A+ Location: Situated just blocks from downtown Larkspur, this central and convenient location provides easy access to top-rated schools, restaurants, shopping, a movie theater, and the Mt. Tam Racquet Club.
Updated & Functional Interior: The unit features an updated, spacious kitchen with ample cabinetry and counter space, a remodeled bathroom, and a bright living room with a gas fireplace and custom built-ins.
Desirable Ground-Floor, One-Level Living: As a charming one-level, ground-floor unit, it offers excellent accessibility and convenience, appealing to a broad range of potential buyers.
Valuable Community Amenities: Residents benefit from a carport, additional storage, on-site laundry, a central courtyard, and a community dock, enhancing the overall living experience and convenience.

Cons

High Monthly Association Fee: The $900 monthly association fee is substantial for an 815 sqft, 2-bedroom unit, significantly impacting the total cost of ownership and potentially limiting buyer affordability.
Compact Unit Size & Limited Bathroom: With 815 sqft and only one bathroom for two bedrooms, the unit may feel compact and less convenient for some buyers, especially those requiring more space or an additional restroom.
Limited Creek View: While offering a creek view, the description specifies it as 'peek-a-boo,' indicating it may not be a full, unobstructed waterfront vista, which could be a minor disappointment for buyers expecting expansive views.
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