87 De Silva Island Drive, Mill Valley, CA 94941, Mill Valley, 94941 - 3 bed, 3 bath

87 De Silva Island Drive, Mill Valley, CA 94941 home-pic-0

87 De Silva Island Drive

Mill Valley, CA 94941

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,422Sq Ft
1,194Lot Size

Property Price

LIST PRICE$2,295,000

SUMMARY

Analysis of 87 De Silva Island Drive, Mill Valley, CA 94941 is currently available with a list price of $2,295,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Mill Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and exceptionally well-maintained. Built in 2001, it features a high-end chef's kitchen with premium appliances, custom cabinetry, and a wine refrigerator, alongside a spa-like primary bathroom. While the home is 23 years old, the high-quality finishes, modern layout, and lack of deferred maintenance align with the 'good' condition criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • Exceptional Privacy and Views

    As a premier end-unit with no neighbors in front or behind, this residence offers rare privacy and sweeping panoramic views of the Bay, Sausalito, and the Marin Headlands from expansive windows.

  • Spacious Single-Family Feel

    Boasting the largest floor plan in the community at 2,422 sqft, the home features a versatile bonus family room and a layout that functions like a detached residence rather than a typical condominium.

  • High-End Chef's Kitchen

    The kitchen is equipped with premium appliances, custom cabinetry, a generous island with a wine refrigerator, and a built-in butler's desk, making it ideal for gourmet cooking and entertaining.

CONSRISKS & DEFICIENCIES

  • High Monthly Carrying Costs

    The monthly HOA fee of $2,377 is significantly high, which may impact buyer affordability and overall investment return compared to other luxury options in the area.

  • Multi-Level Accessibility

    With the primary suite and additional bedrooms located on the lower level, the vertical layout may be a drawback for buyers seeking single-level living, despite the provision for a future elevator.

About 87 De Silva Island Drive

The premier end-unit residence on De Silva Island, offering exceptional privacy with no neighbors behind or in front, abundant natural light, and the largest floor plan in the community. Living like a single-family home, the residence is surrounded by water and sky, with expansive windows capturing sweeping views of the Bay, Sausalito, and the Marin Headlands. The living and dining areas flow seamlessly together and open through French doors to a private waterfront patioideal for morning coffee or sunset dinners. The chef's kitchen features high end appliances, a generous island with wine refrigerator, custom cabinetry, and a built-in butler's desk. Unique to this floor plan, a bonus family room overlooks the pool, a tree-lined hillside, and Mount Tam and offers versatility.The lower level offers a private primary suite with fireplace, private balcony, spa-like bath, walk-in closet, and designated space for a future elevator as well as 2 additional bedrooms and full bathroom. HOA-maintained grounds include a clubhouse with pool and spa, plus a scenic bayfront walking path just steps away, all minutes from shopping, dining, the 101, San Francisco and the best of Marin County.

Property Details

Public Facts

Property Type
Condominium
Year Built
2001
Lot Size
1,194 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$2377 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.02.0
79%
Baths3.02.0
57%
Square foot2,4221,324
86%
Lot Size1,1941,104.5
57%
Price$2.29M$1.22M
71%
Price per sq ft$948$880
57%
Built year20011986
64%
HOA$2377$1.1K
86%
Days on market43149
7%

Pricing History

Listed for Sale

Jan 23, 2026

$2,295,000

Initial Listing

Sold

Dec 30, 2020

$382,500

Public Record

Sold

Aug 29, 2003

$1,275,000

Public Record

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