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
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 79% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 2,422 | 1,324 | 86% |
| Lot Size | 1,194 | 1,104.5 | 57% |
| Price | $2.29M | $1.22M | 71% |
| Price per sq ft | $948 | $880 | 57% |
| Built year | 2001 | 1986 | 64% |
| HOA | $2377 | $1.1K | 86% |
| Days on market | 43 | 149 | 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































