974 Lovell Avenue, Mill Valley, CA 94941, Mill Valley, 94941 - 3 bed, 3 bath
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Mill Valley, CA 94941
This property presents a High-Potential Investment Opportunity with a List Price of $1,795,000—positioned well below the $1,753,437 Fair Market Value by -2%. Featuring a Condition Rating of 5, this asset requires a comprehensive renovation, yet offers significant upside through its expansive 13,068 sqft lot and inclusion of an adjacent parcel. Located in the prestigious Cascade Canyon near top-rated schools like Mill Valley Middle, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to execute a full-scale rebuild or ADU expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 974 Lovell Avenue Subject | $1,795,000* List Price | 3 | 3 | 1,700 | $1,031 | - |
A 602 Ralston Avenue Active | $1,500,000 List Price | 3 | 3 | 1,704 | $880 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 (69 years old) with no mentioned updates, the listing explicitly describes the property as a 'full renovation opportunity' or 'complete rebuild.' The age and marketing focus on contractors and investors suggest the kitchen, baths, and systems are at the end of their life cycle and require a total rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 1700.
Elementary School: Tamalpais Valley Elementary School (9/10). Middle School: Mill Valley Middle School (9/10).
Situated in the highly coveted Cascade Canyon, this property offers a rare blend of secluded redwood serenity with immediate access to downtown Mill Valley and the scenic Tenderfoot Trail.
The home is marketed as a full renovation or rebuild opportunity, requiring a substantial additional investment of time and capital to reach its full potential.
Built in 1955, the existing structure likely requires comprehensive updates to its core systems, including electrical, plumbing, and foundation, to meet modern standards.
A rare opportunity to reimagine this single level home as a one-of-a-kind retreat in Mill Valley's coveted Cascade Canyon. Set on nearly half an acre of sun-drenched land and surrounded by majestic redwoods, this hidden gem offers exceptional privacy and a serene escape from everyday life. Conveniently located just minutes from downtown Mill Valley and steps from the scenic Tenderfoot Trail, the property combines natural beauty with everyday accessibility. Whether you envision a thoughtful renovation or a complete rebuild, the possibilities are abundant. Explore options for expansion or the addition of an ADU. Bring your contractor and your vision - this is a chance to create the dream sanctuary you've always imagined. Asking price includes the neighboring parcel (972 Lovell). Ideal for contractor, investor, or end user seeking a full renovation opportunity.
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades K-5 • 1.0 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,700 | - |
| Lot Size | 13,068 | - |
| Price | $1.79M | $2.35M |
| Price per sq ft | $1.1K | $1.1K |
| Built year | 1955 | 0 |
| HOA | $0 | $0 |
| Days on market | 5 | 30 |
Jul 17, 2026
$1,795,000
Initial Listing