69 Corte Madera Avenue, Corte Madera, CA 94925, Corte Madera, 94925 - 6 bed, 3 bath
ACTIVE$2,495,000$3,565/sqft
69 Corte Madera Avenue, Corte Madera, CA 94925
6Beds
3Baths
3,565Sqft
9,727Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
Top Cons:
Historic Property Age: Built in 1903, the property's age suggests potential for significant maintenance, outdated infrastructure, and the need for substantial capital investment for modernization.
Compared to the nearby listings
Price:$2.50M vs avg $2.08M (+$420,000)54%
Size:3,565 sqft vs avg 1,868.5 sqft92%
Price/sqft:$700 vs avg $1.1K12%
More Insights
Built in 1903 (123 years old).
Condition: Built in 1903, this multi-unit property has received recent cosmetic updates such as fresh paint and new flooring (laminate wood and carpet), making it move-in ready. However, the kitchens and bathrooms across all units, while clean and functional, feature dated cabinet styles, laminate countertops, and older appliances. These elements suggest renovations that are likely 15-30 years old, rather than recent extensive updates. The property is well-maintained for its age but shows clear signs of outdated major components, requiring minor to moderate updates to meet modern aesthetic and functional standards.
Year Built
1903
Close
-
List price
$2.5M
Original List price
-
Price/Sqft
$700
HOA
$0
Days on market
-
Sold On
-
MLS number
325079153
Home ConditionFair
Features
Good View:
Deck
Patio
View-
About this home
A rare opportunity awaits with this three-unit property on a coveted street-to-street lot, offered for the first time in 46 years. This versatile property features a duplex plus a legal ADU, each with its own charm and rental potential. The spacious middle unit offers a large entry and hallway, a welcoming front porch, and a three bedroom and one bathroom layout, while the upper unit boasts two bedrooms and one bath, water views, and a private deck perfect for relaxing or entertaining. The lower ADU provides a one bedroom and one bathroom setup, ideal for additional income, extended family, or a guest retreat. Practicality meets convenience with an upper parking deck that can accommodate three cars plus an additional garage, ensuring ample parking. Just minutes from local restaurants, shopping, and scenic trails, this property blends lifestyle and investment appeal seamlessly. Whether you're seeking a multi-generational living setup or a strong rental opportunity, this property delivers rare flexibility in an unbeatable location.
N
Nina Belloni
Listing Agent
Nearby schools
8/10
Neil Cummins Elementary School
Public,•K-5•0.5mi
9/10
Park Elementary School
Public,•PK-5•1.4mi
8/10
Edna Maguire Elementary School
Public,•K-5•1.4mi
8/10
Old Mill Elementary School
Public,•K-5•1.9mi
8/10
Strawberry Point Elementary School
Public,•K-5•2.4mi
9/10
Tamalpais Valley Elementary School
Public,•K-5•3.6mi
7/10
Hall Middle School
Public,•6-8•0.9mi
9/10
Mill Valley Middle School
Public,•6-8•2.1mi
8/10
Redwood High School
Public,•9-12•0.8mi
8/10
Tamalpais High School
Public,•9-12•2.5mi
Condition Rating
Fair
Built in 1903, this multi-unit property has received recent cosmetic updates such as fresh paint and new flooring (laminate wood and carpet), making it move-in ready. However, the kitchens and bathrooms across all units, while clean and functional, feature dated cabinet styles, laminate countertops, and older appliances. These elements suggest renovations that are likely 15-30 years old, rather than recent extensive updates. The property is well-maintained for its age but shows clear signs of outdated major components, requiring minor to moderate updates to meet modern aesthetic and functional standards.
Pros & Cons
Pros
Great Schools: Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
Exceptional Income & Living Flexibility: A rare three-unit property (duplex + legal ADU) offering significant rental income potential or versatile multi-generational living arrangements.
Premium Location & Lifestyle Access: Situated on a coveted street-to-street lot in Corte Madera, providing easy access to local amenities, dining, shopping, and scenic trails.
Desirable Water Views & Private Outdoor Space: The upper unit features captivating water views and a private deck, enhancing its appeal for residents or tenants.
Generous Parking Solutions: Includes an upper parking deck for three cars plus an additional garage, a significant advantage in areas where parking can be scarce.
Rare Market Opportunity: Offered for the first time in 46 years, indicating a highly stable and sought-after asset in a prime location.
Cons
Historic Property Age: Built in 1903, the property's age suggests potential for significant maintenance, outdated infrastructure, and the need for substantial capital investment for modernization.
Limited Bathroom-to-Bedroom Ratio: The main units (3-bedroom and 2-bedroom) each have only one bathroom, which may be inconvenient for larger families or multiple tenants and could impact rental desirability or resale value.
Potential for Dated Interiors/Systems: While described as having 'charm,' the long-term ownership (46 years) and age (1903) imply that interior finishes and core systems may not be up to modern standards, potentially requiring extensive renovations.