69 Corte Madera Avenue, Corte Madera, CA 94925, Corte Madera, 94925 - 6 bed, 3 bath

69 Corte Madera Avenue, Corte Madera, CA 94925 home-pic-0
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:
Age of Property: Built in 1903, the property is over a century old, which may imply potential for significant deferred maintenance, outdated infrastructure (plumbing, electrical), and energy inefficiency.

Compared to the nearby listings

Price:$2.50M vs avg $1.90M (+$597,500)50%
Size:3,565 sqft vs avg 2,722.5 sqft50%
Price/sqft:$700 vs avg $69650%

More Insights

Built in 1903 (123 years old).
Condition: Built in 1903, this property has received recent cosmetic updates including fresh paint and new flooring (light grey carpet and wood-look laminate) in all units, making them clean and move-in ready. However, the kitchens and bathrooms, while functional and well-maintained, feature dated styles. Kitchens have basic white cabinets and countertops with a mix of older appliances. Bathrooms show older tile work (e.g., yellow/gold tiles in Unit C, white square tiles in Units A & B) and basic vanities, suggesting these areas were likely renovated 15-30 years ago or received only a very basic refresh, rather than a full modern overhaul. The property is aged but maintained, with major components showing signs of being outdated in style.
Year Built
1903
Close
-
List price
$2.5M
Original List price
-
Price/Sqft
$700
HOA
$0
Days on market
-
Sold On
-
MLS number
325091879
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-50.5mi
9/10
Park Elementary School
Public,PK-51.4mi
8/10
Edna Maguire Elementary School
Public,K-51.4mi
8/10
Old Mill Elementary School
Public,K-51.9mi
8/10
Strawberry Point Elementary School
Public,K-52.4mi
9/10
Tamalpais Valley Elementary School
Public,K-53.6mi
7/10
Hall Middle School
Public,6-80.9mi
9/10
Mill Valley Middle School
Public,6-82.1mi
8/10
Redwood High School
Public,9-120.8mi
8/10
Tamalpais High School
Public,9-122.5mi
Condition Rating
Fair

Built in 1903, this property has received recent cosmetic updates including fresh paint and new flooring (light grey carpet and wood-look laminate) in all units, making them clean and move-in ready. However, the kitchens and bathrooms, while functional and well-maintained, feature dated styles. Kitchens have basic white cabinets and countertops with a mix of older appliances. Bathrooms show older tile work (e.g., yellow/gold tiles in Unit C, white square tiles in Units A & B) and basic vanities, suggesting these areas were likely renovated 15-30 years ago or received only a very basic refresh, rather than a full modern overhaul. The property is aged but maintained, with major components showing signs of being outdated in style.
Pros & Cons

Pros

Great Schools: Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
Income-Generating Potential & Flexibility: This rare three-unit property (duplex plus a legal ADU) offers diverse income streams, making it ideal for investors, multi-generational living, or a combination of both.
Prime Location & Amenities Access: Situated on a coveted street-to-street lot, the property boasts an unbeatable location just minutes from local restaurants, shopping, and scenic trails, enhancing lifestyle appeal.
Ample Parking: The property features an upper parking deck accommodating three cars plus an additional garage, providing significant and convenient parking for multiple tenants or residents.
Desirable Unit Features & Views: The upper unit offers appealing water views and a private deck, while the middle unit is spacious, adding to the property's overall desirability and rental value.
Strong School District: Proximity to highly-rated public schools such as Redwood High (8/10) and Neil Cummins Elementary (8/10) significantly enhances the property's appeal to families.

Cons

Age of Property: Built in 1903, the property is over a century old, which may imply potential for significant deferred maintenance, outdated infrastructure (plumbing, electrical), and energy inefficiency.
Potential for Varied Unit Condition: While some features are highlighted, the overall age suggests that not all units or common areas may be fully updated, potentially requiring investment for modernization to maximize rental income or appeal.
Limited Bathroom Count in Main Unit: The spacious middle unit features a three-bedroom layout with only one bathroom, which could be a drawback for families or multiple tenants, potentially impacting desirability or rental rates.
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