
Tiburon, CA 94920
This property presents a Strong Value Opportunity with a List Price of $1,595,000—positioned well below the $1,702,017 Fair Market Value by 6%. This valuation gap offers $107,017 in Instant Equity. Featuring a Condition Rating of 4, the home includes significant infrastructure upgrades while retaining original 1960s charm. The large 7,471 sqft lot offers exceptional ADU potential and expansion possibilities. Located in a prime, walkable Tiburon neighborhood near top-rated Reed schools, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Property is moderate renovation needed.
Built in 1962, the property features original 1960s bathrooms and a dated kitchen that require modernization. However, the score is bolstered by significant recent upgrades to major systems, including the furnace, electrical panel, and plumbing lines, making it functional but aesthetically dated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7471, living area = 1321.
Ideally situated within walking distance to downtown Tiburon, local markets, and top-rated Reed Elementary, offering a rare car-free lifestyle in a prestigious community.
The property features critical system updates including a newer electrical panel, replaced furnace, and updated water, waste, and sewer lines, providing peace of mind regarding long-term maintenance.
The bathrooms and certain interior elements retain their original 1960s styling, which will likely require a modern renovation to meet current luxury standards.
With only two bedrooms and approximately 1,321 square feet, the current footprint may be restrictive for larger families or buyers requiring multiple home offices.
First time offered for sale, this home is ideally located for those who would love to leave the car at home. The neighbors walk to and from the market, downtown and Reed Elementary School. The Ferry, delightful dining and unique shops are all just minutes away by car. Looking for a large yard to play in, garden or entertain? This has a wonderful sunny lot to enjoy and it may even provide an opportunity to expand or add a second unit (check w the Town). The bright kitchen is large with a dining area, backyard access and interior laundry. The expansive living room features tall, open-beamed ceilings, a brick fireplace and hardwood floors. The two bedrooms are nicely sized, with several closets and the primary suite has good storage for linens and clothing. The bathrooms harken back to the sixties, when the tile withstood the test of time! The backyard has a built-in barbecue, large areas of artificial lawn, garden beds and a patio. There are so many more options: add a small fruit orchard, playground, home office, art studio, soccer area, or your own personal dream. Upgrades include replaced furnace, heating ducts, water lines, waste lines, newer electrical panel, and replaced sewer lateral and fences. The home feels spacious for it's size and orients toward the quiet backyard. It is pleasantly quiet inside and has great light and a water view from the kitchen. Great schools from Reed to Redwood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.6 |
| Baths | 2.0 | 3.3 |
| Square foot | 1,321 | 2,827.84 |
| Lot Size | 7,471 | 10,380.76 |
| Price | $1.59M | $3.59M |
| Price per sq ft | $1.2K | $1.4K |
| Built year | 1962 | 1969 |
| HOA | $0 | $325 |
| Days on market | 7 | 41 |
Oct 17, 2026
$1,595,000
Initial Listing