
Larkspur, CA 94939
This Turnkey Townhome represents a Prime Investment Opportunity, listed at $1,375,000—positioned well below the $1,406,050 Fair Market Value by 2%. This valuation gap offers $31,050 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a remodeled Viking kitchen, vaulted ceilings, and 322 sqft of versatile flex space. With a private deck and patio, this property offers a sophisticated lifestyle. It is an ideal acquisition for discerning professionals or owner-occupants seeking a move-in ready Larkspur residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 883 Magnolia Avenue Subject 2 bd · 3 ba · 1,831 sqft · $748 | $1,324,000* List Price | 2 | 3 | 1,831 | $748 | - |
A 5 Escalle Lane Pending 2 bd · 3 ba · 1,503 sqft · $778 · 0.1 mi | $1,169,000 List Price | 2 | 3 | 1,503 | $778 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1979, the property has undergone a high-end, comprehensive renovation within the last 5 years. It features a fully remodeled kitchen with premium Viking appliances and Caesarstone countertops, updated modern bathrooms with contemporary vanities, and pristine flooring and paint throughout, leaving it in move-in ready, mint condition.
The property features 322 square feet of additional flex space not included in the official square footage, providing exceptional versatility for a home office, gym, or guest suite.
A fully remodeled kitchen equipped with Viking appliances and Caesarstone countertops, paired with vaulted ceilings, offers a high-end contemporary feel throughout the living areas.
As a private end unit in a highly convenient Larkspur location, the home enjoys abundant natural light and an indoor-outdoor flow that provides the scale and feel of a single-family residence.
Despite the large overall square footage and flex areas, the home only offers two official bedrooms, which may limit its appeal to larger families or those requiring more dedicated sleeping quarters.
With a lot size of only 749 square feet, the property lacks a traditional yard, restricting outdoor use to the patio and lounging deck.
Located within one of Larkspur's most convenient locations, 883 Magnolia Avenue offers the ease of townhome living with the feel and scale of a single-family home. As a private end unit, the home is filled with natural light and an updated design to maximize privacy, open space, and indoor-outdoor living. Vaulted ceilings create a sense of openness in the living room, while the remodeled kitchen, complete with Viking appliances and Caesarstone countertops, flows directly into the dining area and out to a spacious patio and lounging deck as an ideal setup for enjoying Larkspur's warm, sunny climate. Upstairs, two generously sized bedrooms provide comfortable retreats, including a serene primary suite with a walk-in closet, custom storage, and a fireplace. In addition to the two bedrooms, the home offers two flex spaces totaling 322 sf that are not counted in the property square footage that add valuable versatility creating opportunities for a home office, rec room, guest space, fitness room, or creative studio allowing the home to live much larger than a traditional two-bedroom townhome. The home is designed for everyday functionality, with in-unit laundry, abundant storage throughout, and an attached two-car garage with direct interior access. Thoughtfully updated and in an ideal location, 883 Magnolia Avenue offers privacy, convenience, and easy living in the heart of Larkspur.
No exterior & parking available.
No sensitive facilities data found.
Oct 7, 2026
$1,324,000
$1,349,000
-2% Price Drop
Initial Listing
Sep 29, 2026
$1,349,000
$1,375,000
-2% Price Drop
Initial Listing
Sep 8, 2026
$1,375,000
Initial Listing
Apr 13, 2017
$1,055,000
Public Record
Apr 1, 2011
$599,000
Public Record
Jul 30, 2004
$695,000
Public Record