Surrender to the rhythm of nature in the commuter's dream of Tamalpais Homestead Valley in Marin County! Sitting on almost a half-acre with views of the tip of Mt. Tam from every north facing window, this architectural zenscape offers a myriad of possibilities whether it's communal living you're after or a vacation rental next door. Relax amongst lush foliage on oasis like grounds with two houses on the property. Main house is 4br/3.5ba with semi-private entrance leading into what could be a teen room with en-suite bathroom. Around the corner a stairwell leads to a spacious sun-soaked, refinished open concept living room with fireplace and Tuscan like kitchen boasting cherry wood floors and new carpet. Bring the outdoors in with floor to ceiling windows framing a canvas of greenery and high ceilings. Sleep in a resort suite every night in the luxe primary bedroom with huge walk in closet and large primary bathroom offering granite countertops, soaking tub and shower with bench. Work from home? Just walk to the other unit on the property supplying two rooms, a bathroom and large 3 car garage. With a separate entryway upstairs, you also get a 1,139 SF. 2br/1ba home with fireplace, views of nature from every window and upper/lower yard-making this the perfect escape!
Newly constructed, 25-27 Knoll offers the perfect balance of contemporary and convenience with two single family houses on one lot. The front house, 25 Knoll, is brand new construction completed in 2023 and consists of 4 bedrooms, 3 baths, and approximately 2,155 square feet. Currently leased for $8,300/month. The back house, 27 Knoll, consists of 4 bedrooms, 3 baths and approximately 1,960 square feet. It is newer construction completed in 2017 and is leased at $7,600/month. Both homes feature eco-friendly construction, with solar panels. 25 Knoll is all-electric, resulting in extremely small utility bills, and features air conditioning. Close to shopping and restaurants and short 10-minute car ride across the Golden Gate to San Francisco. Located in the top-rated Mill Valley school district, this property offers the ultimate Marin lifestyle in the sunny Strawberry neighborhood.
Courtesy: Marcus & Millichap
Newly constructed, 25-27 Knoll offers the perfect balance of contemporary and convenience with two single family houses on one lot. The front house, 25 Knoll, is brand new construction completed in 2023 and consists of 4 bedrooms, 3 baths, and approximately 2,155 square feet. Currently leased for $8,300/month. The back house, 27 Knoll, consists of 4 bedrooms, 3 baths and approximately 1,960 square feet. It is newer construction completed in 2017 and is leased at $7,600/month. Both homes feature eco-friendly construction, with solar panels. 25 Knoll is all-electric, resulting in extremely small utility bills, and features air conditioning. Close to shopping and restaurants and short 10-minute car ride across the Golden Gate to San Francisco. Located in the top-rated Mill Valley school district, this property offers the ultimate Marin lifestyle in the sunny Strawberry neighborhood.
3-Buildings 24 or 48-Units 15,148 Square Feet Total First-Time on the Market in 50-Years LOTS of Potential Uses INVESTORS ... good cash-flow and 5% Cap-Rates with the current Tenants INVESTORS #2 ... 10% Cap-Rates by converting back to market-rate housing INVESTORS #3 ... Convert to affordable condos to sell individually or make into live/work spaces ... over $3-million upside potential YMBY (YES in My Backyard) ... Non-Profit Groups - convert to housing for Disabled Veterans, or other vital programs YMBY #2 ... Potential to double the number of units to 48 studio apartments ... upstairs units can be adapted to have separate entrances ... see the Matterport Tour for a sample of an upstairs studio COMPANY HEADQUARTERS ... High-Visibility Location, excellent parking, campus-like setting and immediate access to Highway-101 make this an interesting option. A FEW NUMBERS : $100,000 or $200,000 per unit 24-units (1-bedroom) or 48-units (studio apartments) Possibly build more units 3 buildings - about 5,000 square feet per building The asking price is $318 per square foot, which is way below what it would cost to build in today's market OK to drive around the buildings - but, please DO NOT ENTER BUILDINGS or DISTURB TENANTS
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Mill Valley is located in California. Mill Valley, California has a population of 14,392. Mill Valley is more family-centric than the surrounding county with 40.53% of the households containing married families with children. The county average for households married with children is 35.05%.
The median household income in Mill Valley, California is $141,698. The median household income for the surrounding county is $104,703 compared to the national median of $57,652. The median age of people living in Mill Valley is 46.7 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 41.3 degrees. The average rainfall is approximately 27.6 inches per year, with 0 inches of snow per year.
