
San Rafael, CA 94901
This Turnkey Multi-Generational Home is a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,420,275 Fair Market Value by 1.78%. This valuation gap offers $25,275 in Instant Equity. Featuring a Mint Condition Rating with high-end renovations, the property includes a permitted 390 sq ft studio ADU, distant mountain views, and a stone terrace. It balances modern luxury with functional versatility, making it an ideal acquisition for Owner-Occupants seeking rental income or multi-generational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 51 Martens Boulevard Subject 5 bd · 3 ba · 2,025 sqft · $701 | $1,395,000* List Price | 5 | 3 | 2,025 | $701 | - |
A 10 Pleasant Lane Sold 3 bd · 2 ba · 1,815 sqft · $799 · 0.1 mi | $1,450,000 | 3 | 2 | 1,815 | $799 | 0.1 mi |
B 300 C Street Sold 3 bd · 3 ba · 2,361 sqft · $591 · 0.1 mi | $1,395,000 | 3 | 3 | 2,361 | $591 | 0.1 mi |
C 35 Hillview Avenue Sold 3 bd · 4 ba · 2,012 sqft · $703 · 0.8 mi | $1,415,000 | 3 | 4 | 2,012 | $703 | 0.8 mi |
D 1422 Nye Street Sold 5 bd · 3 ba · 2,180 sqft · $625 · 0.8 mi | $1,363,000 | 5 | 3 | 2,180 | $625 | 0.8 mi |
E 141 Irwin Street Sold 3 bd · 2 ba · 1,958 sqft · $720 · 0.9 mi | $1,410,000 | 3 | 2 | 1,958 | $720 | 0.9 mi |
F 215 Bungalow Avenue Sold 3 bd · 2 ba · 1,764 sqft · $624 · 0.5 mi | $1,100,000 | 3 | 2 | 1,764 | $624 | 0.5 mi |
G 114 Bungalow Avenue Active 4 bd · 3 ba · 1,916 sqft · $770 · 0.4 mi | $1,475,000 List Price | 4 | 3 | 1,916 | $770 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1948, the property has undergone a comprehensive, high-end modern renovation within the past 5 years. The main house and the permitted ADU feature completely updated kitchens with new appliances and countertops, fully modernized bathrooms with contemporary fixtures, refinished parquet flooring, and updated recessed lighting throughout, leaving it in mint condition with no maintenance needed.
The property includes a 390 sq ft permitted ADU with a full kitchen and bath, offering immediate potential for rental income, a home office, or multi-generational living.
Built in 1948, the home features high ceilings, exposed beams, and refinished parquet floors, providing a unique blend of vintage charm and aesthetic appeal.
Beyond the main living areas, the property offers a level grassy backyard, a stone terrace, and a basement workshop, maximizing the utility of the lot.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2025, other record living area = 1958. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property was recently sold within the past year on 2026-07-07. The sold price is $808,000.00.
As a 1948 construction, the home may require ongoing maintenance or updates to its older systems to meet modern efficiency and comfort standards.
Charm at every turn, this 1948 San Rafael home 1,635 sq ft of warm, character-filled living, plus a permitted 390 sq ft studio ADU with full kitchen and bath. The entry opens to a stunning living area with high ceilings and exposed beams, generous enough to hold both living and dining, open concept to a large kitchen with breakfast nook, coffee bar, powder room, and laundry. Marvelous views from the living area and kitchen, and from the primary bedroom as well. Handsome refinished parquet floors run underfoot, and doors open to a stone terrace, with the level grassy backyard reached directly through the kitchen and second bedroom. Downstairs, a wonderful basement with its own outside entrance is ready to become a workshop, studio, or serious storage. The permitted ADU is ready guests, extended family, a home office, or rental income from day one. Easy access to US-101 puts commutes, shopping, and all of Marin within reach.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-4 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.4 |
| Baths | 3.0 | 2.4 |
| Square foot | 2,025 | 1,989.93 |
| Lot Size | 5,750 | 8,672.456 |
| Price | $1.40M | $1.70M |
| Price per sq ft | $689 | $841 |
| Built year | 1948 | 1959 |
| HOA | $0 | $303 |
| Days on market | 37 | 35 |
Sep 17, 2026
$1,395,000
Initial Listing
Jul 7, 2026
$808,000
Public Record
Jan 14, 2002
$585,000
Public Record