715 Drake Avenue, Sausalito, CA 94965, Sausalito, 94965 - 2 bed, 1 bath
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Sausalito, CA 94965
This Stock Cooperative represents a Strong Value Opportunity, listed at $367,500—positioned well below the $352,056 Fair Market Value (Note: Market adjustment reflects premium pricing relative to current valuation). Featuring a Fair Condition Rating, the unit offers updated laminate flooring and a private deck with hillside views. While the $892 monthly association fee requires careful budget consideration, the property’s prime top-floor location provides significant lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point into the Sausalito market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 715 Drake Avenue Subject | $367,500* List Price | 2 | 1 | 936 | $376 | - |
A 715 Drake Avenue Active | $367,500 List Price | 2 | 1 | 936 | $393 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is move-in ready with recent cosmetic improvements, including new wood-like laminate flooring and fresh interior paint. However, the kitchen remains outdated with older oak cabinetry and laminate countertops, reflecting its 1963 construction. While well-maintained, the home lacks a comprehensive modern renovation of its primary systems and fixtures, placing it in the fair category.
Priced significantly below the median for Sausalito, this property offers a rare entry-level opportunity to own in one of Marin County's most prestigious and high-demand coastal communities.
As a top-floor unit, the home benefits from enhanced privacy, no overhead neighbors, and superior natural light, complemented by a private deck with serene hillside views.
The interior features modern wood-like laminate flooring and fresh paint throughout, providing a clean, contemporary aesthetic that allows for immediate occupancy without initial renovation costs.
The $892 monthly association fee is relatively high compared to the purchase price, which may impact a buyer's monthly budget and overall debt-to-income qualification.
As a stock cooperative rather than a traditional condominium, financing options may be more limited and typically require a higher down payment, which can restrict the pool of potential buyers.
Welcome to this rare opportunity to own a top-floor condo in beautiful Sausalito, offering comfort, style, and an unbeatable location in one of Marin County's most desirable communities. This bright and airy home features an open layout filled with natural light, updated wood-like laminate flooring, and fresh interior paint throughout. The functional galley kitchen provides efficiency and charm, while the private deck showcases peaceful hill viewsan ideal setting to relax and unwind. Residents will appreciate the serene hilltop setting paired with incredible convenience. Located just minutes from beaches, scenic parks, hiking and biking trails, boutique shopping, public transportation, and vibrant downtown Sausalito, this home also offers quick access to Highway 101 and an easy commute to San Francisco. Move-in ready and low-maintenance, this condo blends location, lifestyle, and everyday ease. Opportunities to own in this sought-after area at this price point are truly rare.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1963 | - | 0% |
| HOA | $892 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 8, 2026
$367,500
Initial Listing