
Mill Valley, CA 94941
This Stunning Legacy Estate is a Strong Value Opportunity, listed at $3,295,000—positioned well below the $3,350,076 Fair Market Value by 1.6%. This valuation gap offers $55,076 in Instant Equity. Featuring a Mint Condition Rating, the property includes a custom main residence and a Legal Guest House, offering rare versatility. With Panoramic Bay Views, Private Spa Deck, and proximity to Top-Rated Schools like Mill Valley Middle, this is an ideal sanctuary for Multi-Generational Families or Discerning Owner-Occupants.
Stunning Mill Valley legacy estate with guest house, panoramic bay views, and top-rated schools. Mint condition, move-in ready, and priced below market value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 655 Edgewood Avenue Subject | $3,295,000* List Price | 4 | 4 | 3,386 | $989 | - |
A 169 Rose Avenue Sold | $2,550,000 | 4 | 4 | 3,629 | $703 | 0.2 mi |
B 20 Palm Way Sold | $2,582,000 | 4 | 3 | 2,871 | $899 | 0.5 mi |
C 222 Marguerite Avenue Sold | $2,616,000 | 4 | 5 | 2,925 | $894 | 0.9 mi |
D 222 Marguerite Avenue Active | $2,900,000 List Price | 4 | 5 | 2,925 | $991 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1962, the main residence was rebuilt from the ground up in 2010 and features recent high-end design upgrades and newly refinished decks. The kitchen and bathrooms are modern with premium finishes, and the guest house was newly constructed in 2012, placing the entire estate in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15481, living area = 3386.
Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
The property includes a 770 sqft legal guest house with its own address, kitchen, and parking, offering rare flexibility for rental income, a professional studio, or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3386, other record living area = 2795.
Described as an 'adult treehouse' with multiple levels and expansive decks, the property's vertical orientation may pose accessibility challenges for buyers seeking a single-level flow.
With a list price of $3.295M, the property commands a significant premium for its architectural pedigree and lot size, which may limit the pool of buyers compared to more conventional luxury homes in the area.
Just 30 minutes from downtown San Francisco yet worlds away, this rare modern estate is a private campus nestled among dozens of ancient redwoods a stunning, Don Olsen-designed main residence plus a fully reimagined guest house with bespoke finishes and high-end design throughout, offering the ultimate escape from city life, all set on a sprawling, private lot comprised of six original parcels less than 1.5 miles from the town square. This one-of-a-kind property presents a unique opportunity, boasting unmatched privacy, peace and quiet, along with stunning, sunny views from Belvedere to Berkeley, framed by Mt. Diablo in the background. The main residence was rebuilt from the ground up in 2010, using natural materials to perfectly complement the heritage redwoods found right outside. Walls of tall windows and glass doors, along with multiple expansive view decks, embody the literal definition of an adult treehouse escape in this tranquil, natural setting. Recent design upgrades by local designer Kress Jack incorporate accents of bespoke tile, vibrant color, and high-end finishes that complete the contemporary interior. The main house is 2,616 sq ft, with 3 bedrooms and 3 full bathrooms, including a primary suite with a cozy fireplace and a sliding glass door that opens onto its own deck, as do most rooms throughout the interior. The sizable 770 sq ft guest house was newly constructed in 2012 and features 1 bedroom, 1 bathroom, a full kitchen, a dining area with built-in banquette, and a living area complete with its own fireplace. There's a wide variety of uses here guest quarters, a home office, music studio, or gym PLUS it has its own dedicated parking and entrance. The Pipeline and Dipsea Trails are close by for walking, hiking, and biking, though the abundance of natural light and the breathtaking, wide-open views of the bay, valley, and surrounding hills may urge you to stay home for days on end. Newly refinished decks offer additional outdoor space, and whatever you do, don't miss the private spa deck up top.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades PK-5 • 1.2 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 70% |
| Square foot | 3,386 | 2,306 | 82% |
| Lot Size | 15,481 | 10,001 | 74% |
| Price | $3.29M | $2.23M | 82% |
| Price per sq ft | $973 | $1.0K | 49% |
| Built year | 1962 | 1960 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 143 | 2% |
May 19, 2026
$3,295,000
Initial Listing
Jan 4, 2022
$3,025,000
Public Record
Jun 2, 2015
$1,995,000
Public Record