
Larkspur, CA 94939
This Historic Waterfront Ark is a High-Potential Investment Opportunity, listed at $1,495,000—positioned well below the $1,551,514 Fair Market Value by 3%. This valuation gap secures $56,514 in Instant Equity for the buyer. Maintaining a Condition Rating of 3, the home features a private dock, panoramic lagoon views, and an expansive pergola-covered deck. Located steps from award-winning schools and downtown Larkspur, this property balances historic character with prime lifestyle perks. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7 Boardwalk One Subject | $1,375,000* List Price | 4 | 2 | 1,882 | $774 | - |
A 21 Boardwalk One Active | $1,195,000 List Price | 3 | 2 | 1,402 | $852 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1894 build date, this historic ark is in well-maintained, move-in ready condition due to a comprehensive restoration. The kitchen features high-end stainless steel appliances (Thermador) and clean cabinetry that appears to be 10-20 years old. The interior wood finishes, flooring, and systems appear functional and well-preserved, fitting the criteria for a well-maintained vintage home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10200, living area = 1882.
This rare 1894 restored ark offers unmatched character with exposed wood beams, original floors, and a rich history as part of Larkspur's last surviving historic waterfront community.
Situated just steps from downtown Larkspur, the property features a private dock and serene lagoon views, providing immediate access to water activities and premium urban amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1882, other record living area = 1678. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The association fee of $1,052 is significantly high for a single-family residence, which may impact the overall affordability and monthly carrying costs for potential buyers.
Built in 1894, this unique waterfront structure may require specialized and more frequent maintenance compared to modern homes to preserve its historic integrity and structural health.
A rare opportunity to own a one-of-a-kind waterfront property just steps away from downtown Larkspur. 7 Boardwalk One, a vintage 1894 ark relocated and restored by Phil Frank, a renowned cartoonist (best known for his character Farley), sits directly on the water with serene lagoon views, a private dock and the kind of relaxed, sun-drenched lifestyle that defines the very best of Marin living. Boardwalk One is the last surviving historic waterfront community in Larkspur, originating in the mid 1850s as floating arks for logging workers along Corte Madera Creek. Nearly a century later, this beloved enclave has evolved into a private, close-knit community, its historic soul intact and its location unbeatable. The home's interiors include dramatic exposed wood beam ceilings, original wood floors, wood wainscoting, and abundant natural light pouring through French doors and skylights that frame the water at every turn. A generous living/dining area is the anchor of the home with direct access to multiple deck levels. Outdoors, the property has a large pergola-covered deck with raised garden beds that sets the scene for entertaining, while a private dock on the lagoon provides easy access to kayaking or paddle boarding. With expansive decks, glorious natural light, and a richly layered interior of original character, this is truly a special property. All of this is just steps from Larkspur's award-winning schools, delicious restaurants, beloved boutiques, the historic Lark Theater, the brand new Larkspur Library, and the renowned bike path, making 7 Boardwalk One the ultimate expression of waterfront living in one of Marin's most sought-after downtown communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 56% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,882 | 2,226 | 44% |
| Lot Size | 10,200 | 9,962 | 67% |
| Price | $1.38M | $2.15M | 33% |
| Price per sq ft | $731 | $1.1K | 33% |
| Built year | 1894 | 1967 | 11% |
| HOA | $1052 | $300 | 78% |
| Days on market | 40 | 129 | 11% |
Jun 1, 2026
$1,375,000
$1,495,000
-8% Price Drop
Initial Listing
Apr 27, 2026
$1,495,000
Initial Listing
Oct 17, 2012
$965,000
Public Record
Dec 8, 2006
$1,075,000
Public Record