75 Lee Street, Mill Valley, CA 94941, Mill Valley, 94941 - 1 bed, 1 bath
Loading property details...
Mill Valley, CA 94941
Analysis of 75 Lee Street, Mill Valley, CA 94941 is currently available with a list price of $2,750,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Mill Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property was built in 1973 (51 years old) and appears to be in original condition with no significant renovations. Interior images show a bathroom in disrepair with missing cabinetry, dated baseboard heating, and a utility kitchen. Given the age exceeds 50 years without updates and the listing emphasizes the 2-acre lot and 'limitless potential,' the value is primarily in the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 93249, living area = 1014.
Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
Spanning over 2 acres at the edge of Northridge Open Space, this property offers rare scale and direct access to the premier trail systems of Mount Tamalpais.
Held by the same family since 1973, the property likely requires significant capital investment to update the original structures to contemporary luxury standards.
With five total structures and over two acres of rugged terrain, the ongoing maintenance and potential redevelopment costs could be substantial for a new owner.
A rare opportunity to own a truly iconic property, cherished by the same family since 1973. Tucked at the edge of Northridge Open Space with seamless access to Blithedale Summit and the expansive trails of Mount Tamalpais, this estate offers limitless potential in an unspoiled, peaceful setting. Imagine stepping outside to trails that lead to waterfalls, serene ponds, and native flora, all backing up to miles of open space your own private gateway to the great outdoors. Bathed in natural light and spanning over 2 acres, this is a legacy in the making. The main house was designed and built by a remarkable couple a world-renowned entomologist and his wife, who was instrumental in preserving Horse Hill and the Northridge Open Space that surround the property today. The home features 3 bedrooms, 3.5 bathrooms, and a downstairs apartment, while four additional outbuildings dot the property creating the perfect framework for a family compound, retreat, or generational estate. Reach out and touch views of Mt. Tam and nature surround you, yet the property sits just minutes from vibrant downtown Mill Valley. This is your chance to become the next steward of a once-in-a-lifetime property, steeped in history and surrounded by the natural world its first owners helped protect.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 4.0 | 2% |
| Baths | 1.0 | 3.0 | 5% |
| Square foot | 1,014 | 2,300 | 3% |
| Lot Size | 93,249 | 10,001 | 98% |
| Price | $2.75M | $2.23M | 69% |
| Price per sq ft | $2.7K | $1.0K | 98% |
| Built year | 1973 | 1959 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 144 | 2% |
Apr 24, 2026
$2,750,000
Initial Listing