
San Rafael, CA 94903
This Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $520,000—positioned slightly above the $510,095 Fair Market Value. While the property requires cosmetic updates given its Condition Rating of 4, it offers a unique lifestyle with a front deck, rear patio, and resort-style amenities. Located near Top-Rated Schools like Dixie Elementary and the Terra Linda-Sleepy Hollow Open Space, this home provides a blend of value and recreation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 88 Forest Lane Subject | $510,000* List Price | 2 | 2 | 984 | $515 | - |
A 96 Forest Lane Sold | $528,000 | 2 | 2 | 984 | $537 | 0.0 mi |
B 46 Surrey Lane Sold | $529,000 | 2 | 2 | 984 | $538 | 0.1 mi |
C 94 Forest Lane Active | $449,000 List Price | 2 | 2 | 984 | $456 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property is well-maintained but significantly dated. The kitchen features older electric coil burners, basic white cabinetry, and laminate countertops that appear to be over 20 years old. While the unit is clean and functional with some newer laminate flooring, it requires cosmetic updates to the kitchen and bathrooms to meet modern standards.
Elementary School: Dixie Elementary School (9/10).
The community is set on 20+ acres and offers premium amenities including three swimming pools, tennis courts, a clubhouse, and EV charging stations, providing a vacation-like lifestyle.
This rare end-unit features a unique dual-outdoor setup with both a front deck and a large rear patio, maximizing the open floor plan and views of the surrounding hills.
The association fee of $871 per month is significant and may impact the overall affordability and debt-to-income ratio for prospective buyers.
At 87 days on the market, the property has exceeded typical local turnover times, which may lead to buyer hesitation or concerns regarding the current list price.
Meadows of Terra Linda - Tranquil end unit single-level home with rare front deck and large rear patio. Fantastic open floor plan connects the kitchen, living, dining and deck areas and brings in amazing light and views of the surrounding trees and hills. Great for taking in sunsets and morning coffee. Rear patio offers a connection to the surrounding beauty and enough space to play, entertain, relax or garden. The spacious primary suite features two closets, a dedicated dressing area, and an en-suite bath. Set on over 20 acres of lushly landscaped grounds, the community offers true resort-style amenities including a clubhouse, three swimming pools, sauna, two tennis courts, EV charging stations, and world class scenic walking and biking paths. It's like being on vacation in one of the most beautiful areas of Marin. Perfectly located near award-winning Miller Creek schools, Scotty's Market, Monk's kettle, LaCoco's and other popular restaurants, and with direct access to Terra Linda-Sleepy Hollow Open Space, this home has a blend of value, modern conveniences and resort-style living. HOA dues include water & garbage.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.5 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 984 | 1,102.389 |
| Lot Size | 4,199 | 1,735.056 |
| Price | $510.0K | $584.2K |
| Price per sq ft | $518 | $469 |
| Built year | 1963 | 1977 |
| HOA | $871 | $798 |
| Days on market | 110 | 54 |
Aug 18, 2026
$510,000
$520,000
-2% Price Drop
Initial Listing
May 22, 2026
$520,000
Initial Listing
Dec 28, 2023
$499,000
Public Record