
San Rafael, CA 94903
This Spacious Residential Estate represents a Strong Value Opportunity, listed at $1,795,000—positioned well below the $1,933,157 Fair Market Value by 7%. This valuation gap provides $138,157 in Instant Equity. While maintaining a Functional Condition Rating, the 3,737 sq. ft. home offers significant upside through modernization of its 1970s interiors. Set on over two acres with panoramic mountain views and access to the 9/10 rated Dixie Elementary School, the property combines rare privacy with ADU development potential. This is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors seeking a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 99 Glenside Way Subject | $1,795,000* List Price | 4 | 3 | 3,737 | $517 | - |
A 21 Red Rock Way Active | $1,550,000 List Price | 3 | 3 | 2,600 | $596 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970 and maintained by the same owner for over 50 years, the home is functional but dated. While it features recent cosmetic 'refresh' elements like new carpet, paint, and flooring, the bathrooms and kitchen (based on the 4x4 tan shower tile and oak vanity) appear to be over 20 years old and require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48600, living area = 3737.
Elementary School: Dixie Elementary School (9/10).
The property includes two separate parcels totaling over two acres, offering rare privacy and significant potential for future development or the addition of an ADU.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3737, other record living area = 3681.
While the home features recent cosmetic refreshes like paint and carpet, the 1970s original construction may require future capital investment for aging mechanical, plumbing, or electrical systems.
Although the local elementary school is highly rated, the assigned middle and high schools have lower ratings, which may be a drawback for education-focused buyers.
Nestled in the coveted Los Ranchitos neighborhood, this exceptional home has been lovingly maintained by the same owners for over 50 years. Spanning 3,737 sq. ft. on over an acre of lush land, the home offers unmatched privacy and breathtaking views from every anglewhether from the spacious patio, expansive deck, or within the home itself. The grand formal entry leads to a spacious living room with a cozy fireplace, perfect for gatherings. A formal dining room connects seamlessly to the kitchen, featuring an eat-in area, built-in desk, and ample storage. Two additional living rooms on the main level provide flexible spaces. Recent upgrades include flooring, paint, light fixtures, hardware and new carpet throughout, making this home ready for the next buyer. Upstairs, the primary suite offers a peaceful retreat with an en-suite bath, while two additional bedrooms share a full bath. Downstairs, the fourth bedroom can serve as a bedroom, office or another living space. This sale includes two parcels: the main lot with the home (56,334 sq ft) and an additional piece of land (30,790 sq ft) across the private road totaling over 2 acres. Buyers should verify development potential, including an ADU, with the county. With easy access to the freeway, ferry terminal, and downtown, this home is ready for its next chapter. Don't miss this rare opportunity!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 66% |
| Square foot | 3,737 | 1,760.5 | 94% |
| Lot Size | 48,600 | 7,601 | 92% |
| Price | $1.79M | $1.32M | 86% |
| Price per sq ft | $480 | $744 | 9% |
| Built year | 1970 | 1960 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 202 | 2% |
Apr 29, 2026
$1,795,000
Initial Listing