8 Sunset Lane, Mill Valley, CA 94941, Mill Valley, 94941 - 3 bed, 2 bath
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8 Sunset Lane
Mill Valley, CA 94941
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,436Sq Ft
6,900Lot Size
Property Price
LIST PRICE$1,049,000
EST. MARKET VALUE
$1,111,830
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $1,049,000—positioned well below the $1,111,830 Fair Market Value by 5%. This valuation gap offers $62,830 in Instant Equity for buyers. Featuring a Poor Condition Rating due to its original 1952 state, the home offers a solid concrete foundation and newer mechanicals as a base for renovation. Located near Top-Rated Schools like Park Elementary and Mill Valley Middle, this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a value-add project.
Estimated Market Value
$1,111,830+$62,830 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Mill Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8 Sunset Lane Subject | $1,049,000* List Price | 3 | 2 | 1,436 | $774 | - |
A 203 Scott Street Pending | $1,195,000 List Price | 3 | 1 | 1,260 | $948 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1952 and described as being in mostly original cosmetic condition, this property fits the 'Poor' criteria due to its age (>70 years) and the need for a full interior rehab. While the roof and HVAC systems are newer, the bathroom and living areas show significant deferred maintenance, dated fixtures, and unfinished surfaces that require more than minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Park Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
- Prime Location & Views
Situated in the desirable lower hills of Mill Valley on a quiet, near-end street, the property offers serene westerly views and excellent proximity to top-rated schools.
- Solid Structural Integrity
The home boasts a solid concrete slab foundation and significant recent mechanical upgrades, including a newer roof, furnace, ducts, and water heater, providing a strong base for renovation.
CONSRISKS & DEFICIENCIES
- Dated Cosmetic Condition
The property is in mostly original 1952 condition, requiring a comprehensive cosmetic overhaul of the interior to meet modern luxury standards.
- Unfinished Exterior Spaces
The surrounding yards are currently underdeveloped and require significant landscaping and 'creative love' to maximize the property's outdoor living potential and curb appeal.
About 8 Sunset Lane
Incredible buying opportunity for this 3Br/2Ba SFD of 1,436 sq ft on a private lot in the lower hills of Mill Valley! No need to undo anyone else's poor design choices here. Customize the cosmetics to your heart's delight on this rare Gerald Kott home in what appears to be mostly original cosmetic condition, but with good bones. Note real wood floors, wood burning fireplace, and surrounding yards that could use a little creative love. Inspections show a solid concrete slab foundation, newer roof, water heater, furnace and ducts. Everything else is just waiting for your own touches. Yuuge storage shed in back. Nice westerly views, near the end of a short, quiet street. Hurry, don't wait on this one. Full Disclosure Packet on file with all reports and inspections performed.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 6,900 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Mill Valley Unified Schools
Old Mill Elementary School
Grades K-5 • 0.3 mi
8/10
Park Elementary School
Grades PK-5 • 1.1 mi
9/10
Edna Maguire Elementary School
Grades K-5 • 1.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,436 | 2,121.704 |
| Lot Size | 6,900 | 8,194.037 |
| Price | $1.05M | $2.10M |
| Price per sq ft | $731 | $1.1K |
| Built year | 1952 | 1963 |
| HOA | $0 | $160 |
| Days on market | 5 | 32 |
Pricing History
Listed for Sale
Sep 4, 2026
$1,049,000
Initial Listing