
Fairfax, CA 94930
Analysis of 59 Wood Lane, Fairfax, CA 94930 is currently available with a list price of $850,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Fairfax Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1918 and explicitly described as uninhabitable, this property is being sold for land value and development potential with no functional systems or living space.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22499, living area = 618.
The property features rare planning approval already in place for a custom residence, detached ADU, and garage, significantly reducing the multi-year lead time typically required for Marin County projects.
The sale includes a comprehensive suite of completed reports and plans, including architectural, structural engineering, soils, and arborist reports, providing massive upfront value and risk mitigation.
The existing 1918 building is completely uninhabitable and holds no residential value, necessitating immediate demolition and a full-scale construction commitment.
With an $850,000 entry price for land value alone, the project requires a buyer with substantial liquidity to cover both the acquisition and the high costs of new construction in this region.
Fairfax Deer Park Development Opportunity. Rare opportunity to create a custom home in one of Fairfax's most sought-after neighborhoods. Situated on an approximately one-half acre parcel, this unique property offers a premier street-level building site with utilities available on site, including sewer, water, gas, and electric. The existing structure is uninhabitable and the property is being offered primarily for its land value and development potential. Planning approval is in place for a thoughtfully designed residence with detached ADU and garage. Extensive pre-development work has been completed, including architectural plans, structural engineering, surveys, arborist reports, soils engineering, grading and drainage plans, landscape plans, and supporting studies. Enjoy the best of Marin's outdoor lifestyle with nearby open space, hiking and biking trails, parks, and the vibrant shops, restaurants, and community atmosphere of downtown Fairfax. Whether you're a builder, investor, or future homeowner, this is a rare opportunity to bring your vision to life while benefiting from years of planning already completed. Buyer to independently verify all property information, approvals, development potential, and future use of the property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 618 | - |
| Lot Size | 22,499 | - |
| Price | $850.0K | $1.02M |
| Price per sq ft | $1.4K | $767 |
| Built year | 1918 | 0 |
| HOA | $0 | $0 |
| Days on market | 45 | 84 |
Jun 8, 2026
$850,000
Initial Listing
Jul 15, 2022
$675,000
Public Record
Nov 1, 2011
$255,000
Public Record