836 Point San Pedro Road, San Rafael, CA 94901, San Rafael, 94901 - 2 bed, 2 bath
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This property presents a High-Potential Investment Opportunity with a List Price of $1,995,000—positioned well below the $1,882,282 Fair Market Value by -5%. Featuring a Condition Rating of 5, this mid-century waterfront residence offers a rare permitted dock and boathouse and significant development potential via an adjacent parcel. While the home requires modernization, the expansive 20,199 sqft lot provides a foundation for a luxury compound. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique waterfront renovation project.
Property is extensive renovation needed.
Built in 1949 (75+ years old) with no evidence of recent renovations; the listing explicitly highlights an 'opportunity for thoughtful renovation and modernization,' suggesting original systems and dated interiors that require a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20199, living area = 2128.
The property features a rare permitted dock and boathouse with dramatic San Francisco Bay views, offering an elite lifestyle for boating and maritime enthusiasts.
The combination of the existing residence and the adjacent buildable parcel offers a unique opportunity to create a massive, private waterfront compound.
The home is in original condition and requires significant modernization and thoughtful renovation to meet contemporary luxury standards.
With only two bedrooms for over 2,100 square feet of living space, the current layout may be restrictive for larger families or buyers needing more private quarters.
836 San Pedro Road features a classic mid-century residence of approximately 2,200 square feet with 2 bedrooms and 2 baths, + den + family room offering dramatic Bay views and includes a permitted dock and boathouse. A home of wonderful character and solid construction that presents an outstanding opportunity for thoughtful renovation and modernization. Enjoy this existing mid-century classic waterfront residence as it is or create a spectacular re-imagination while exploring the unique potential presented by owning two adjoining waterfront parcels. The adjacent waterfront parcel APN 186-122-08 which is also owned by the selling trust and currently offered for separate sale (MLS #326071932) creates a rare new-build opportunity dimension to this offering. A once-in-a-generation opportunity to acquire a classic mid-century waterfront residence with private dock and boathouse, paired with an adjacent buildable bay-front parcel.* Together these properties form a rare San Francisco Bay compound offering unmatched privacy, scale and long term potential. *New build opportunity subject to San Rafael Planning Division's applicable governmental approvals.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 3.0 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.4 |
| Baths | 2.0 | 2.4 |
| Square foot | 2,128 | 1,989.93 |
| Lot Size | 20,199 | 8,672.456 |
| Price | $2.00M | $1.70M |
| Price per sq ft | $938 | $841 |
| Built year | 1949 | 1959 |
| HOA | $0 | $303 |
| Days on market | 25 | 35 |
Sep 29, 2026
$1,995,000
Initial Listing