786 Bamboo Terrace, San Rafael, CA 94903, San Rafael, 94903 - 3 bed, 2 bath
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San Rafael, CA 94903
This authentic 1955 Joseph Eichler residence presents a High-Potential Investment Opportunity with a List Price of $990,000—positioned well below the $1,025,376 Fair Market Value by 3%. This valuation gap offers $35,376 in Instant Equity for buyers. Featuring a Condition Rating of 5, this probate sale requires a full rehabilitation to restore its iconic mid-century character. Located in the top-rated Miller Creek School District, this property is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a rare architectural restoration project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 786 Bamboo Terrace Subject | $990,000* List Price | 3 | 2 | 1,512 | $678 | - |
A 755 Penny Royal Lane Pending | $1,175,000 List Price | 3 | 2 | 1,513 | $777 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 with no evidence of modern renovations, this property is a classic 'fixer-upper' requiring a full rehabilitation. The kitchen and baths are original to the mid-century era, flooring has been removed in several areas, and the 'As-Is' probate status combined with visible wall damage near the fireplace indicates significant deferred maintenance and the need for updated systems.
Elementary School: Dixie Elementary School (9/10).
This authentic 1955 Joseph Eichler home preserves rare original details like mahogany paneling and globe lighting, offering significant appeal to mid-century modern enthusiasts.
Situated in the highly desirable Terra Linda neighborhood, the property is located within the top-rated Miller Creek School District and offers easy access to hiking trails and community amenities.
The property is being sold in 'As-Is' condition and has been sitting vacant, suggesting that a significant capital investment will be required for modernizing systems and structural repairs.
As a probate sale, the transaction may involve longer timelines and specific legal procedures that could complicate the closing process compared to a standard residential sale.
Classic 1955 Eichler in Terra Linda one of Marin's most beloved mid-century modern neighborhoods. This 3-bedroom, 2-bath home offers 1,512 sq ft of iconic Joseph Eichler design on a flat, fully fenced 6,600 sq ft lot. Original globe lights and rich mahogany paneling preserve the authentic mid-century character that Eichler enthusiasts know and love. The kitchen opens to the dining room in true Eichler fashion, and the private front courtyard and rear yard is ready for its next chapter. This home has been sitting empty and is ready for a visionary buyer to restore it to its full potential. The bones are here the opportunity is rare. A 2-car garage, driveway parking for two additional vehicles, flat lot, and a classic floor plan that lends itself beautifully to a thoughtful renovation. Situated in the highly regarded Miller Creek School District and just minutes from a public pool, parks, and miles of Marin hiking trails, this is the kind of property that does not come along often. Priced at $990,000, this is your chance to own a piece of Marin architectural history and make it your own. Offered As-Is. Buyer to verify all information independently. This is a probate sale.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,512 | - |
| Lot Size | 6,599 | - |
| Price | $990.0K | $1.54M |
| Price per sq ft | $655 | $784 |
| Built year | 1955 | 0 |
| HOA | $0 | $0 |
| Days on market | 14 | 36 |
Jul 8, 2026
$990,000
Initial Listing