Sweeping, panoramic views of Richardson Bay, Strawberry Point, Blackie's Pasture, and Mt. Tam define this rare opportunity in Tiburon's coveted Reed Heights neighborhood. Situated on a cul-de-sac, this 2 bedroom and 1 bathrooom residence spans approximately 1,352 sq ft and showcases natural light and architectural character throughout. Vaulted white-beamed ceilings, hardwood floors, a fireplace, and expansive picture windows create an airy living and dining space that beautifully frames the Bay and surrounding hillsides. The main level offers comfortable single-level living while presenting a compelling opportunity for the next owner to thoughtfully elevate and reimagine the property. The unfinished lower level with separate entrance spans approximately 868 sq ft and offers abundant storage and flexible space, ideal for workshop, studio, or potential expansion into additional living area. Sellers have architectural drawings illustrating a possible transformation into an approximately 2,910 sq ft, 4BR/4.5BA residence with a 2-car attached garage and dedicated office (buyer to verify feasibility and approvals). Located within the Reed Union School District and just minutes to downtown Tiburon, waterfront pathways, and commuter access to San Francisco. A rare opportunity to create lasting value in one of Marin's most desirable communities.