
San Rafael, CA 94903
This Spacious Waterfront Townhome represents a High-Potential Investment Opportunity, listed at $965,000—positioned well above the $838,286 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 4, featuring a versatile main-floor flex space and a private lagoon-facing patio. With access to the SMART Train and local amenities, this home provides a unique lifestyle for Buy-and-Hold Investors or Owner-Occupants seeking a tranquil, well-connected community. The property’s end-unit privacy and waterfront views remain its most compelling long-term value drivers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 66 Mariners Circle Subject | $965,000* List Price | 3 | 3 | 2,020 | $415 | - |
A 46 Mariners Circle Sold | $800,000 | 3 | 3 | 1,884 | $425 | 0.1 mi |
B 166 Professional Center Parkway Pending | $695,000 List Price | 3 | 3 | 2,021 | $344 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991 (35 years old), the property exceeds the 20-year threshold for 'Good' condition. While well-maintained with hardwood floors and stone counters, the bathrooms show original 1990s features such as fluorescent light boxes and dated cabinetry, indicating a need for modern updates.
As the largest model and a rare end-unit, this home offers enhanced privacy, additional natural light, and a highly functional main-floor flex space with a full bath, perfect for a home office or guest suite.
The property boasts a prime lagoon-facing patio for sunset views and is located in a tranquil community featuring strolling paths, a wildlife preserve, and resort-style amenities including a pool and clubhouse.
Ideally situated for commuters and active residents, the home offers easy access to the SMART Train, the Bay Trail for cycling to wine country, and proximity to Marin's largest Farmers Market and local shopping.
The association fee is $1,004 per month, which represents a significant recurring carrying cost that may impact the purchasing power of budget-conscious buyers.
The assigned public schools for this address have ratings ranging from 4 to 6, which may be less competitive compared to other high-performing school districts within Marin County.
Welcome to the largest model townhome in Marin Lagoona rare end-unit offering added privacy and space you won't find in a typical Lagoon listing. This approximately 2,020 sq ft home offers 3 bedrooms and 3 full baths, which includes a versatile main-floor den/office/family room with a full bath across the hall. That main-level flex space is the kind of feature buyers don't know they need until they see ita private guest suite for visiting family, a true work-from-home office, a playroom, or simply an extra family room to spread out in. As an end unit, you'll enjoy extra privacy and additional windows throughout. The main level features high ceilings, a formal dining room, and a cozy fireplace living room, and hardwood floors throughout. Step out onto the lagoon-facing patio to take in sunsets on the water. The kitchen features stone counters and a charming breakfast nook with its own small private patioperfect for your morning cup of coffee. A laundry room with washer, dryer and storage leads to the attached two-car garage. Upstairs, the bedrooms include a generous primary suite with two large closets and a spa-style bath with dual-sink vanity, soaking tub, and separate shower. Marin Lagoon is one of Marin's best-kept secretsa peaceful, waterfront community with strolling paths along a tranquil lagoon and wildlife preserveminutes from restaurants, shopping, and Marin's largest Farmers Market. Hop on the new Bay Trail to wine country or catch the SMART Train for an easy commute. Residents enjoy a charming clubhouse with community events, a pool and hot tub, and a playground.
No exterior & parking available.
Grades K-8 • 0.6 mi
Grades 6-8 • 3.0 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,020 | 1,421.333 |
| Lot Size | 1,503 | 1,422 |
| Price | $965.0K | $756.3K |
| Price per sq ft | $478 | $526 |
| Built year | 1991 | 1984 |
| HOA | $1004 | $601 |
| Days on market | 1 | 65 |
Sep 8, 2026
$965,000
Initial Listing
Feb 28, 2011
$514,000
Public Record