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65 Circle Road, San Rafael, CA 94903, San Rafael, 94903 - 4 bed, 3 bath

65 Circle Road, San Rafael, CA 94903 home-pic-0
ACTIVE$1,375,000$2,066/sqft
Est. Value: $1,396,167
1%
FairlyEstimate
65 Circle Road, San Rafael, CA 94903
4Beds
3Baths
2,066Sqft
52,599Lot

Price Vs. Estimate

The estimated value ($1,396,167.29) is $21,167.29 (1%) lower than the list price ($1,375,000). This property may be overpriced.

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 = 52599, living area = 2066.
Top Cons:
Major Renovation/Rebuild Required: The property is sold 'as is' and is essentially a shell, demanding a substantial financial and time investment for a complete rebuild or extensive renovation.

Compared to the nearby listings

Price:$1.38M vs avg $1.33M (+$45,000)54%
Size:2,066 sqft vs avg 1,818 sqft72%
Price/sqft:$666 vs avg $76530%

More Insights

Built in 1954 (72 years old).
Condition: The property, built in 1954, has been taken down to the studs, as explicitly stated in the description and confirmed by the images. It is an unlivable shell requiring a complete rebuild or extensive renovation, with its value primarily in the land and redevelopment potential. There are no functional kitchen or bathroom components, only exposed framing and subflooring, except for one partially installed bathroom vanity and tiled shower/tub area within the framed structure, which does not make the property habitable.
Year Built
1954
Close
-
List price
$1.38M
Original List price
-
Price/Sqft
$666
HOA
$0
Days on market
-
Sold On
-
MLS number
325101181
Home ConditionTear down
Features
Good View:
Patio
View-

About this home

Rare opportunity to own 1.2 acres in the coveted Los Ranchitos neighborhood of San Rafael - a semi-rural enclave known for privacy, open areas, and estate-sized properties. This unique property features a house takedown to the studs, offering a blank canvas for your dream home or a custom rebuild. Located on a gently sloping hill with level building areas, the site enjoys stunning views and a peaceful setting surrounded by multi-million-dollar estates. Located in award-winning Miller school District and Zoned for agricultural use, this parcel allows for horses and other rural uses, making it perfect for equestrian enthusiasts or those seeking a country lifestyle just minutes from city amenities. The Los Ranchitos community enjoys direct access to hiking and riding trails leading into the scenic Sorich Ranch Park and Terra Linda Ridge. Whether you're an investor, builder, or homeowner with a vision, this is a premier chance to create a legacy estate in one of Marin County's most desirable locations. Highlights: 1.2-acre parcel with level building pads, house structure in place, down to the studs - ready for rebuild or redesign Expansive views and serene hillside setting Zoned for agriculture - horses welcome Direct access to open area trails. Close to downtown San Rafael. Property being sold "as is".

A
Andrew Falk
Listing Agent

Nearby schools

8/10
Sun Valley Elementary School
Public,•K-5•0.6mi
7/10
Vallecito Elementary School
Public,•K-5•1.2mi
5/10
Coleman Elementary School
Public,•K-5•1.5mi
9/10
Dixie Elementary School
Public,•K-5•3.2mi
7/10
Mary E. Silveira Elementary School
Public,•K-5•3.3mi
4/10
Venetia Valley Elementary School
Public,•K-8•1.2mi
5/10
James B. Davidson Middle School
Public,•6-8•1.9mi
6/10
Miller Creek Middle School
Public,•6-8•2.7mi
6/10
Terra Linda High School
Public,•9-12•0.8mi
5/10
San Rafael High School
Public,•9-12•2.1mi

Price History

Date
Event
Price
09/17/21
Sold
$1,325,000
04/17/08
Sold
$283,870
Condition Rating
Tear down
The property, built in 1954, has been taken down to the studs, as explicitly stated in the description and confirmed by the images. It is an unlivable shell requiring a complete rebuild or extensive renovation, with its value primarily in the land and redevelopment potential. There are no functional kitchen or bathroom components, only exposed framing and subflooring, except for one partially installed bathroom vanity and tiled shower/tub area within the framed structure, which does not make the property habitable.
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 = 52599, living area = 2066.
Great Schools: Elementary School: Dixie Elementary School (9/10).
Premier Location & Exclusivity: Situated in the highly coveted Los Ranchitos neighborhood, known for its privacy, estate-sized properties, and proximity to multi-million-dollar homes.
Expansive & Developable Lot: A generous 1.2-acre parcel with level building pads, offering significant space and flexibility for a custom estate.
Blank Canvas for Customization: The existing structure, taken down to the studs, presents a unique opportunity for a complete custom rebuild or redesign, appealing to visionary homeowners, builders, or investors.
Exceptional Lifestyle & Views: Features agricultural zoning (ideal for equestrian enthusiasts), direct access to extensive hiking and riding trails, and a serene hillside setting with expansive views.
Top-Tier School District: Located within the highly-regarded Miller school district, a major advantage for families seeking quality education.

Cons

Major Renovation/Rebuild Required: The property is sold 'as is' and is essentially a shell, demanding a substantial financial and time investment for a complete rebuild or extensive renovation.
High Total Project Cost: The list price primarily reflects the land value and existing shell; buyers must factor in significant additional costs for construction to complete the home.
No Immediate Occupancy: The current condition means the property is not move-in ready, requiring a lengthy construction period before it can be inhabited.
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