
Tiburon, CA 94920
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $1,995,000—positioned well below the $2,115,384 Fair Market Value by 5%. This valuation gap offers $120,384 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes a modern kitchen, updated bathrooms, and a large, usable lot. Located in the coveted flats of Tiburon near Top-Rated Schools like Del Mar Middle, this property is an ideal acquisition for Owner-Occupants or discerning families seeking a move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68 Mercury Avenue Subject 4 bd · 2 ba · 1,282 sqft · $1,650 | $1,995,000* List Price | 4 | 2 | 1,282 | $1,650 | - |
A 554 Virginia Drive Sold 3 bd · 2 ba · 1,318 sqft · $1,745 · 0.4 mi | $2,300,000 | 3 | 2 | 1,318 | $1,745 | 0.4 mi |
B 705 Hilary Drive Sold 3 bd · 2 ba · 1,581 sqft · $1,556 · 0.9 mi | $2,460,000 | 3 | 2 | 1,581 | $1,556 | 0.9 mi |
C 152 Blackfield Drive Pending 3 bd · 2 ba · 1,496 sqft · $1,203 · 0.9 mi | $1,800,000 List Price | 3 | 2 | 1,496 | $1,203 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1950, the property has undergone a comprehensive recent renovation (likely <2 years) including a modern kitchen with new cabinetry and stainless appliances, fully updated bathrooms with contemporary fixtures and LED mirrors, new flooring, and fresh interior/exterior paint, meeting the criteria for mint condition and no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7549, living area = 1282.
Elementary School: Bel Aire Elementary School (9/10). Middle School: Del Mar Middle School (9/10).
Situated in the highly coveted 'flats' of Tiburon, the property offers exceptional walkability to waterfront pathways, Blackie's Pasture, local dining, and the San Francisco ferry.
With four bedrooms configured within 1,282 square feet, the individual room sizes and common living areas may feel constrained for larger families or those seeking spacious interiors.
Originally built in 1950, the property may have older underlying mechanical or structural systems that could require more maintenance than a newer construction despite the recent aesthetic updates.
Welcome to 68 Mercury Avenue, a beautifully updated single-level residence set on a fantastic, highly usable lot in one of Tiburon's most convenient and easy-to-enjoy neighborhoods. Offering four bedrooms, two bathrooms, generous natural light, and excellent indoor-outdoor flow, the home presents a rare opportunity to enjoy comfortable single-family living in the coveted flats of Tiburon. Thoughtfully refreshed throughout, the home features new flooring, fresh interior and exterior paint, updated kitchen countertops, cabinetry, and appliances, new lighting, and updated bathrooms. The result is a bright, move-in-ready home with a warm and welcoming feel. The living spaces connect easily to the large, fenced backyard, where a level lawn provides an inviting setting for outdoor dining, play, gardening, entertaining, or simply relaxing in the sun. The location is one of the home's standout features. Cherished for its walkable streets, neighborhood convenience, and easy access to the very best of Tiburon. This sought-after setting places waterfront pathways, Blackie's Pasture, local shopping, acclaimed restaurants, the San Francisco ferry, Highway 101, and top-rated schools all within easy reach. Additional highlights include a two-car garage and a wonderfully practical setting that supports the relaxed indoor-outdoor lifestyle that makes living in Tiburon so special.
No exterior & parking available.
Grades 3-5 • 0.8 mi
Grades K-2 • 1.8 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 2.0 | 3.3 |
| Square foot | 1,282 | 2,827.84 |
| Lot Size | 7,549 | 10,380.76 |
| Price | $2.00M | $3.59M |
| Price per sq ft | $1.6K | $1.4K |
| Built year | 1950 | 1969 |
| HOA | $0 | $325 |
| Days on market | 25 | 41 |
Sep 29, 2026
$1,995,000
Initial Listing
Feb 7, 2025
$1,650,000
Public Record
Sep 15, 2010
$850,000
Public Record