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5331 Shelter Bay Avenue, Mill Valley, CA 94941, Mill Valley, 94941 - 2 bed, 2 bath

5331 Shelter Bay Avenue, Mill Valley, CA 94941 home-pic-0
ACTIVE$895,000$1,118/sqft
5331 Shelter Bay Avenue, Mill Valley, CA 94941
2Beds
2Baths
1,118Sqft
1,490Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic Water Views & Privacy: As a top-floor, end unit, the property offers breathtaking water views, enhanced privacy, and a tranquil living environment from the living room, bedrooms, and spacious deck.
Top Cons:
High Monthly HOA Fee: The substantial monthly HOA fee of $1338, while inclusive of many services and amenities, represents a significant ongoing cost that could impact a buyer's budget and long-term affordability.

Compared to the nearby listings

Price:$895.0K vs avg $1.13M ($-232,500)25%
Size:1,118 sqft vs avg 1,324 sqft17%
Price/sqft:$801 vs avg $83942%

More Insights

Built in 1965 (61 years old).
Condition: The property, built in 1965, underwent an extensive renovation in 2015, which is 9-10 years ago. This falls squarely within the 'extensively renovated within 5 to 15 years' criteria for a 'Good' score. The images confirm a gorgeously remodeled kitchen with modern white cabinetry, stainless steel appliances, and granite countertops, along with updated bathrooms featuring contemporary vanities, tile, and glass showers. All electrical was updated in 2015, and flooring (hardwood and modern tile) appears well-maintained. The property is move-in ready with no immediate renovations required, reflecting a high standard of upkeep and modern finishes.
Year Built
1965
Close
-
List price
$895K
Original List price
-
Price/Sqft
$801
HOA
$1,338
Days on market
-
Sold On
-
MLS number
325083828
Home ConditionGood
Features
Excellent View:
Deck
View-

About this home

This gorgeously remodeled TOP FLOOR, END unit with VIEWS of the water features 2 bedroom, 2 bathrooms and offers loads of privacy and tranquility. Enjoy the breathtaking views from the living room and bedrooms, as well as the spacious deck. The kitchen and bathrooms were newly renovated in 2015, with all new electrical and stylish finishes. There are NEW custom designed closets and new window treatments and lighting. The living room features a wood burning fireplace and floor to ceiling windows opening to a deck to enjoy your morning coffee or evening cocktails. There is a convenient washer/dryer in the unit. This tranquil home is flooded with natural sunlight, and boasts two skylights, one in each of the bathrooms. There is additional storage below. The HOA fee includes radiant heat, basic TV cable, water, garbage, exterior maintenance, landscaping, boat/kayak/paddle board dock, heated pool, tennis courts, club house, fire and flood insurance, elevator maintenance and building up the reserve account. There is on-site EV charging and 11 guest spots available. 8 minutes to the city, and direct access to fabulous hiking and biking trails. This unit checks ALL the boxes

S
Silvia Damen
Listing Agent

Price History

Date
Event
Price
06/12/17
Sold
$775,000
07/09/15
Sold
$755,000
09/12/06
Sold
$630,000
Condition Rating
Good
The property, built in 1965, underwent an extensive renovation in 2015, which is 9-10 years ago. This falls squarely within the 'extensively renovated within 5 to 15 years' criteria for a 'Good' score. The images confirm a gorgeously remodeled kitchen with modern white cabinetry, stainless steel appliances, and granite countertops, along with updated bathrooms featuring contemporary vanities, tile, and glass showers. All electrical was updated in 2015, and flooring (hardwood and modern tile) appears well-maintained. The property is move-in ready with no immediate renovations required, reflecting a high standard of upkeep and modern finishes.
Pros & Cons

Pros

Panoramic Water Views & Privacy: As a top-floor, end unit, the property offers breathtaking water views, enhanced privacy, and a tranquil living environment from the living room, bedrooms, and spacious deck.
Extensive Modern Renovations: The kitchen and bathrooms were newly renovated in 2015 with new electrical and stylish finishes, complemented by new custom closets, window treatments, and lighting, providing a contemporary and updated interior.
Comprehensive HOA Amenities: The HOA provides a wide array of amenities including a boat/kayak/paddle board dock, heated pool, tennis courts, clubhouse, and on-site EV charging, fostering an active and convenient lifestyle.
Inclusive HOA Services: The HOA fee covers significant services such as radiant heat, basic TV cable, water, garbage, exterior maintenance, landscaping, fire and flood insurance, and elevator maintenance, simplifying monthly expenses.
Strategic Location & Accessibility: Located in Mill Valley with direct access to fabulous hiking and biking trails and just 8 minutes to the city, offering both natural beauty and urban convenience.

Cons

High Monthly HOA Fee: The substantial monthly HOA fee of $1338, while inclusive of many services and amenities, represents a significant ongoing cost that could impact a buyer's budget and long-term affordability.
Age of Renovations: While described as 'newly renovated' in 2015, these updates are now nearly a decade old, which may not be considered brand new by some prospective buyers and could imply future refresh cycles sooner.
Absence of Air Conditioning: The property description highlights radiant heat but does not mention a cooling system, which could be a notable drawback and source of discomfort during warmer periods, particularly for a top-floor unit.
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