53 Mercury Avenue, Tiburon, CA 94920, Tiburon, 94920 - 3 bed, 1 bath
ACTIVE UNDER CONTRACT$1,390,000$1,012/sqft
53 Mercury Avenue, Tiburon, CA 94920
3Beds
1Bath
1,012Sqft
8,695Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8695, living area = 1012.
Top Cons:
Extensive Renovation/Rebuild Required: Built in 1950, the property is presented as a 'blank canvas,' implying it is outdated and requires substantial investment for modernization or a complete tear-down.
Compared to the nearby listings
Price:$1.39M vs avg $3.60M ($-2,210,000)13%
Size:1,012 sqft vs avg 2,615 sqft4%
Price/sqft:$1.4K vs avg $1.3K65%
More Insights
Built in 1950 (76 years old).
Condition: Built in 1950, this property is explicitly marketed as a 'blank canvas' for a visionary buyer, suggesting either a full remodel or a tear-down. The images confirm a severely outdated interior, particularly the kitchen with its original-style tile countertops, old appliances, and dated cabinetry and flooring. The single bathroom for three bedrooms is a significant functional limitation. The overall condition, including worn carpets and an old wall-mounted heating unit, indicates no major renovations in the past 50 years, aligning with the 'tear-down' criteria where the property's value is primarily in the land and its redevelopment potential.
Year Built
1950
Close
-
List price
$1.39M
Original List price
-
Price/Sqft
$1,374
HOA
$0
Days on market
-
Sold On
-
MLS number
325092071
Home ConditionTear down
Features
Excellent View:
Patio
View-
About this home
A classic Tiburon property rarely offered for sale. This is a blank canvas for the visionary buyer. Whether you choose to fully remodel the existing structure and customize it to modern tastes, or tear down and build the architectural masterpiece you've always envisioned, the possibilities are boundless.
J
James Meyer
Listing Agent
Nearby schools
9/10
Bel Aire Elementary School
Public,•3-5•0.8mi
/10
Reed Elementary School
Public,•K-2•1.8mi
9/10
Del Mar Middle School
Public,•6-8•0.7mi
8/10
Redwood High School
Public,•9-12•3.6mi
Condition Rating
Tear down
Built in 1950, this property is explicitly marketed as a 'blank canvas' for a visionary buyer, suggesting either a full remodel or a tear-down. The images confirm a severely outdated interior, particularly the kitchen with its original-style tile countertops, old appliances, and dated cabinetry and flooring. The single bathroom for three bedrooms is a significant functional limitation. The overall condition, including worn carpets and an old wall-mounted heating unit, indicates no major renovations in the past 50 years, aligning with the 'tear-down' criteria where the property's value is primarily in the land and its redevelopment potential.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8695, living area = 1012.
Great Schools: Elementary School: Bel Aire Elementary School (9/10). Middle School: Del Mar Middle School (9/10).
Prestigious Tiburon Location: Situated in the highly desirable and affluent community of Tiburon, offering strong market value and an exclusive lifestyle.
Significant Development Potential: Marketed as a 'blank canvas' for a visionary buyer, providing the rare opportunity to fully remodel or build a custom architectural masterpiece.
Generous Lot Size: The 8,695 sqft lot offers ample space for expansion, extensive landscaping, or new construction, a valuable asset in this area.
Access to Top-Rated Schools: Located within an excellent school district, including highly-rated Del Mar Middle and Bel Aire Elementary, a major draw for families.
Rare Market Opportunity: Described as 'rarely offered for sale,' indicating exclusivity and potential for high demand among discerning buyers.
Cons
Extensive Renovation/Rebuild Required: Built in 1950, the property is presented as a 'blank canvas,' implying it is outdated and requires substantial investment for modernization or a complete tear-down.
Limited Bathroom Count: With only one bathroom for three bedrooms, the property has a significant functional limitation for modern living and family needs, likely requiring an addition.
Modest Interior Square Footage: The existing 1,012 sqft of living space is relatively small for a 3-bedroom property in this high-value market, potentially not meeting buyer expectations without expansion.