538 Seaver Drive, Mill Valley, CA 94941, Mill Valley, 94941 - 1 bed, 1 bath
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538 Seaver Drive
Mill Valley, CA 94941
ACTIVE
CONDITION: FAIR
1Beds
1Baths
696Sq Ft
802Lot Size
Property Price
LIST PRICE$539,000
EST. MARKET VALUE
$539,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $539,000, which aligns with the $539,000 Fair Market Value. While the unit maintains a Fair Condition Rating due to its original 1979 finishes, it offers a prime location on Poet's Hill with access to Top-Rated Schools like Mill Valley Middle and Park Elementary. The community features a pool, hot tub, and sauna, providing significant lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build value through modernization.
Estimated Market Value
$539,000
Based on Realkey algorithm analyzing recent comparable sales in Mill Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 538 Seaver Drive Subject | $539,000* List Price | 1 | 1 | 696 | $774 | - |
A 554 Seaver Drive Sold | $525,000 | 1 | 1 | 696 | $754 | 0.0 mi |
B 123 Eucalyptus Knoll Street Sold | $479,000 | 1 | 1 | 485 | $988 | 0.3 mi |
C 110 Seminary Drive #1A Active | $599,000 List Price | 1 | 1 | 789 | $759 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1979, the property is significantly dated with original oak cabinetry, older white appliances, and basic square tile in the bathroom. While the unit appears functional and features some newer laminate flooring, the kitchen and bath are over 40 years old and require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Park Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
- Prime Location & Accessibility
Situated on Poet's Hill in Mill Valley, the property offers exceptional access to hiking trails, downtown amenities, and major commute routes to San Francisco and Sausalito.
- Comprehensive Community Amenities
The Shelter Ridge community provides a robust suite of amenities including a pool, hot tub, sauna, and elevator, complemented by essential in-unit features like a fireplace and private laundry.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The $710 monthly association fee is relatively high for a one-bedroom unit under 700 square feet, which may impact overall affordability for budget-conscious buyers.
- Extended Days on Market
With 164 days on the market and a recent price reduction, the property currently lacks market momentum, which could lead to concerns regarding its liquidity or initial pricing strategy.
About 538 Seaver Drive
Welcome to the relaxed beauty of Mill Valley, where nature, community, and convenience meet. Located on Poet's Hill, nestled within the desirable Shelter Ridge Condominium Community, this sunny, garden-facing one-bedroom, one-bath condo offers a comfortable open floor plan and a peaceful courtyard setting. The spacious living and dining area flows seamlessly into the kitchen, creating an inviting space for everyday living and entertaining. The large bedroom features abundant closet space, while a private patio opens to a lushly landscaped courtyard. Additional highlights include a cozy fireplace, in-unit washer and dryer, assigned parking, and extra storage. Shelter Ridge is a professionally managed community with an elevator and an appealing array of amenities, including a pool, hot tub, sauna, and guest parking. Ideally located for enjoying all that Marin County has to offer, the property provides convenient access to downtown Mill Valley and Sausalito, as well as hiking and biking trails, Hauke Park, restaurants, shopping, entertainment, major freeways, public transportation, and nearby airports. San Francisco is also just a short drive away. Vacant and easy to show, this inviting Mill Valley condo is ready to welcome you home.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 802 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $710 / Month
Neighborhood Insights
Mill Valley Unified Schools
Edna Maguire Elementary School
Grades K-5 • 0.7 mi
8/10
Strawberry Point Elementary School
Grades K-5 • 0.8 mi
8/10
Tamalpais Valley Elementary School
Grades K-5 • 1.7 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.3 |
| Square foot | 696 | 1,510.5 |
| Lot Size | 802 | 1,243.5 |
| Price | $539.0K | $1.26M |
| Price per sq ft | $774 | $843 |
| Built year | 1979 | 1982 |
| HOA | $710 | $1.2K |
| Days on market | 195 | 78 |
Pricing History
Listed for Sale
Jun 12, 2026
$539,000
$559,000
-4% Price Drop
Initial Listing
Price Change
Feb 26, 2026
$559,000
Initial Listing
Sold
Apr 26, 2005
$430,000
Public Record