
Mill Valley, CA 94941
For those who know, lived it, or dreamed of it--the beloved by locals and affectionately named "Sleeping Lady" is calling! Your chance to build a magical mountain home with incredible views of the San Francisco Bay and the top of majestic Mt. Tamalpais right above the highly desirable town of Mill Valley is what dreams are made of! Indulge in the beauty that fills the eye at every angle, evoking a sense of calm and creativity. Enjoy easy access into town within minutes via Sequoia Valley Rd, or down to Tam Junction via Hwy 1. An outdoor lifestyle & fresh air is within easy reach with a quick pop over the ridge to Muir & Stinson Beaches. The surrounding area is treasured for both hikers and cyclists alike with the splendor of nature and vistas that surround you right outside your door, and the iconic Mountain Home Inn for trail or table dining. Life doesn't get better than this!
Property is land value only, full reconstruction required.
Built in 1926 (98 years old) with no evidence of renovation. The listing description explicitly markets the property as a 'chance to build' and focuses on the land and views, indicating the 626 sqft structure is likely unlivable and holds only land value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 626.
Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
The property offers breathtaking panoramic views of the San Francisco Bay and the peak of Mt. Tamalpais, situated in a highly coveted and serene Mill Valley mountain setting.
The existing 626-square-foot structure is significantly undersized for modern standards, likely requiring a complete redevelopment or major expansion to be functional.
Built in 1926, the original structure likely faces substantial deferred maintenance and may require significant investment to meet current building codes and structural requirements.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades PK-5 • 1.2 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.3 |
| Baths | 1.0 | 2.7 |
| Square foot | 626 | 2,079.875 |
| Lot Size | 7,841 | 7,480.325 |
| Price | $399.0K | $2.25M |
| Price per sq ft | $637 | $1.1K |
| Built year | 1926 | 1960 |
| HOA | $0 | $160 |
| Days on market | 2 | 32 |
Oct 22, 2026
$399,000
Initial Listing