
Sausalito, CA 94965
This Sausalito Condominium represents a Strong Value Opportunity, listed at $850,000—positioned slightly above the $842,102 Fair Market Value. While priced at market, the property offers a stable entry into a premium coastal community. Featuring a Condition Rating of 4, the home provides a solid foundation with vaulted ceilings and dual balconies, though it invites cosmetic modernization to reach its full potential. With proximity to Top-Rated Tamalpais High School and waterfront amenities, this is an ideal acquisition for Owner-Occupants or first-time buyers seeking a lifestyle-focused coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 51 Cypress Place Subject | $850,000* List Price | 2 | 2 | 1,124 | $749 | - |
A 62 Cypress Place Sold | $909,000 | 2 | 2 | 1,122 | $810 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is over 45 years old. While it features fresh paint and carpet, the kitchen and bathrooms remain dated with older cream-colored cabinetry and tile countertops. The presence of electric baseboard heaters and original-style brickwork indicates that while the home is well-maintained and move-in ready, the core systems and finishes are likely 20+ years old and would benefit from modern updates.
Situated in a highly desirable Sausalito neighborhood, the property offers exceptional access to waterfront paths, ferry services, and local amenities, providing a premium lifestyle and strong commuter appeal.
The interior features soaring vaulted ceilings and a loft-style sitting area that enhance the sense of space and allow for abundant natural light throughout both levels.
The inclusion of two private balconies provides dedicated outdoor space for relaxation and fresh air, a significant asset for a condominium in this coastal market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1124, other record living area = 1056.
With approximately 1,124 square feet of living space, the home may feel somewhat confined for buyers requiring larger rooms or more expansive common areas.
While well-maintained, features such as tile countertops and the 1979 construction date suggest that some areas may require modernization to meet contemporary luxury standards.
Bright, stylish, and full of charm, this two-level Sausalito home delivers easy coastal living with a smart layout and inviting spaces throughout. The main level welcomes you with soaring ceilings, a classic brick fireplace, and a sunlit living room that opens to a private balcony - perfect for morning coffee, fresh air, and leafy outlooks. The dining area flows comfortably into the kitchen, where cream cabinetry, tile counters, full-size appliances, and a convenient pass-through create a cheerful, functional hub for everyday living. A spacious main-level bedroom, full bath, in-unit laundry, and generous closet storage add comfort and practicality. Upstairs, a loft-style sitting area overlooks the living room below, bringing volume, light, and flexibility to the floor plan. The upper bedroom feels airy and peaceful with vaulted ceilings, ample closet space, a nearby full bath, and access to a second balcony with extra storage. Fresh neutral finishes, soft natural light, multiple outdoor spaces, and a cozy fireplace give this home an easy, welcoming feel from the moment you step inside. With approximately 1,124 square feet of living space, two bedrooms, two baths, in-unit laundry, storage, and a desirable Sausalito location near waterfront paths, shops, restaurants, ferry service, and Marin commuter routes, this is a polished and practical find in one of the Bay Area's most loved coastal communities.
No exterior & parking available.
Grades K-8 • 0.7 mi
Grades K-8 • 0.7 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,124 | 1,450 | 38% |
| Lot Size | 610 | 747 | 13% |
| Price | $850.0K | $914.8K | 38% |
| Price per sq ft | $756 | $742 | 50% |
| Built year | 1979 | 1979 | 50% |
| HOA | $525 | $779 | 38% |
| Days on market | 25 | 130 | 13% |
May 12, 2026
$850,000
Initial Listing
Jul 26, 2005
$670,000
Public Record
Oct 28, 2004
$570,000
Public Record