
Corte Madera, CA 94925
This Refreshed BMR Condominium represents a High-Potential Investment Opportunity for qualified residents, listed at $428,700—positioned well below the $479,455 Fair Market Value by 10%. This valuation gap provides $50,755 in Instant Equity at closing. Boasting a Condition Rating of 3, the interior features new quartz countertops, updated flooring, and a private outdoor deck. Located in the Meadowcreek community near Top-Rated Schools including Tamalpais Valley Elementary and Mill Valley Middle, it offers a premium Marin lifestyle. This is an exceptional entry point for income-qualified buyers and Owner-Occupants seeking long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 77 Parkview Circle Subject | $428,700* List Price | 2 | 1 | 852 | $563 | - |
A 1411 Casa Buena Drive #45 Active | $525,000 List Price | 2 | 1 | 828 | $634 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1988 but recently refreshed with a <5y renovation including new flooring, quartz countertops, and fresh paint. Critical systems like the furnace and water heater are new, ensuring move-in readiness, though the kitchen appliances and bathroom tile remain functional but dated.
Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
The residence has been thoughtfully refreshed with new quartz countertops, updated flooring, fresh interior paint, and new essential mechanicals including a furnace and water heater.
Nestled in the desirable Meadowcreek community, the property offers immediate access to scenic trails, top-rated schools, and convenient commuting via Highway 101.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =852, other record lot size in square feet = 352.
As a Below Market Rate (BMR) property, it is subject to rigorous income caps and resale price limitations, which restricts both the buyer pool and future equity appreciation.
The $750 monthly association fee is relatively high for a two-bedroom unit of this size, significantly impacting the overall monthly housing budget.
This is a below market rate property - must be owner occupied, and resale restrictions apply. Maximum annual income is $178,300 for 2 people/$200,500 for 3/ $222,850 for 4. Buyer can not have owned a home in the last 3 years. Applications must be received by 5/14/2026 and a lottery will be drawn. 2-person minimum household. Tucked within the desirable Meadowcreek community, this beautifully refreshed upper-level residence offers the perfect blend of comfort, convenience, and Marin lifestyle living. Surrounded by scenic walking paths, open greenbelt areas, and nearby waterways, the home enjoys a peaceful setting while remaining just minutes from Highway 101, shopping, and dining. Recently updated, the home features new flooring, fresh interior paint, updated kitchen cabinet doors, sleek quartz countertops, a new water heater, and a new furnace, providing both style and peace of mind. The functional floor plan is designed for everyday living with a bright interior. The living room leads to an outdoor deck, spacious living areas, and seamless indoor-outdoor flow. Additional highlights include an in-unit stacked washer and dryer and 1 car parking in a shared garage. Residents of the community enjoy well-maintained grounds, landscaped common areas, and a neighborhood atmosphere that feels both private and connected. Ideally located in the heart of Corte Madera, this home offers easy access to San Francisco Bay trails, local parks, and top-rated schools. An exceptional opportunity to enjoy the best of Central Marin living.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 852 | 1,003.5 | 50% |
| Lot Size | 852 | 1,677.17 | 25% |
| Price | $428.7K | $660.0K | 25% |
| Price per sq ft | $503 | $678 | 25% |
| Built year | 1988 | 1988 | 50% |
| HOA | $750 | $754 | 50% |
| Days on market | 55 | 181 | 25% |
Apr 20, 2026
$428,700
Initial Listing