
San Rafael, CA 94903
This Premier Development Opportunity represents a High-Potential Investment Opportunity with a List Price of $1,275,000, aligned with its $1,259,501 Fair Market Value. Featuring a Condition Rating of 5, the structure is stripped to the studs, offering a blank canvas on a rare 1.2-acre Agricultural Lot zoned for horses. Boasting hillside views and direct access to Sorich Ranch Park trails near the Miller Creek School District, this site offers significant development upside. It is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 65 Circle Road Subject | $1,210,000 | 4 | 3 | 2,066 | $610 | - |
A 21 Red Rock Way Active | $1,550,000 List Price | 3 | 3 | 2,111 | $734 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is a 1954 build that has been completely gutted to the studs, leaving only the structural shell. As confirmed by the images and description, there are no functional kitchen or bathroom facilities, no finished flooring, and no interior walls or ceilings. The home is currently uninhabitable and requires a total reconstruction of all major systems and interior finishes.
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.
Elementary School: Dixie Elementary School (9/10).
The expansive 1.2-acre parcel is zoned for agricultural use, offering a unique opportunity for equestrian enthusiasts to keep horses in a semi-rural enclave just minutes from city amenities.
The property is currently uninhabitable and requires a complete rebuild from the studs up, necessitating a buyer with significant liquid capital and a long-term construction timeline.
Sold in as-is condition, the property may harbor unforeseen site challenges or permitting complexities that could increase the overall investment cost beyond the initial purchase price.
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.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 2,066 | 1,761 | 74% |
| Lot Size | 52,599 | 7,700 | 95% |
| Price | $1.21M | $1.31M | 40% |
| Price per sq ft | $586 | $765 | 16% |
| Built year | 1954 | 1959 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 187 | 25% |
Jan 5, 2026
$1,275,000
Initial Listing
Sep 17, 2021
$1,325,000
Public Record
Apr 17, 2008
$283,870
Public Record