FOR SALE

203 Valley Street, Sausalito

6 BEDROOMS | 6 BATHROOMS | Vacant Triplex | 3,554 SQ FT | OFFERED AT $2,895,000


Prepare to be wowed at 203 Valley Street, a fully vacant
beach front
triplex in vibrant and sunny Sausalito.

Experience the magic of 203 Valley Street, a beachfront fully vacant triplex with breathtaking views in vibrant, sunny Sausalito. Full of character, history, and charm, this unique waterfront property offers endless opportunities for ownership. Ideal for investors, income property with an owner’s unit, or multi-generational living. Featuring three 2-bedroom, 2-bath units, take in panoramic water views from massive floor to ceiling windows and expansive decks in each one. Every level has hardwood floors, private laundry, and spectacular views of Richardson Bay, Tiburon, and Angel Island.

The upper unit owner’s suite is a rare find, sprinkled with unique Sausalito character like stained glass windows, built-in wet bar, and nautical touches throughout. The yacht-like primary en-suite bath features stained glass and a soaring picture window overlooking the water. Skylights flood the property with natural light and, with a separate office, this is a space you won’t want to leave. Each unit enjoys the convenience of a parking space in a common lot, and private gate access to Swede’s Beach. Full size storage room accessed via the beach, with plenty of room for water equipment or general building storage.

This location is the best Sausalito has to offer. Situated in a flat and walkable location steps to Sausalito’s vibrant amenities with galleries, restaurants, yacht clubs, parks, public transportation, and easy access to San Francisco via the iconic Golden Gate Bridge. With picturesque and unparalleled views, this is truly a remarkable property in one of Marin’s most sought after locations.

Features


  • Beach front property with private gate access to Swede’s Beach

  • Panoramic views of Richardson Bay, Tiburon, and Angel Island

  • Fully vacant triplex with great owner’s unit option

  • Each unit has two bedrooms and two bathrooms

  • Owner’s suite has additional office

  • Each level has large walk-out deck

  • One parking space per unit

  • Flat, walkable location to downtown Sausalito

  • Great commuter location close to the Golden Gate Bridge

  • Floor to ceiling windows in each unit

  • Wow-factor water views

  • Owner’s unit has all new carpets, interior custom painting, and refinished hardwood floors

  • Total building square footage is 3,554 square feet

FAQs

When was the building built?

1963

Is there parking or storage?

There is a parking space for each of the three units in the common lot. They are marked 203, 203A, and 203B. The building has a large storage room on the ground level, accessed via the beach.

What is the property type?
While the property is a multi-family triplex, the entire building itself is considered a condominium, and shares a lot with a 5-building HOA. It was the first condominium ever created in Sausalito. Each of the units in 203 are not considered individual condos and they are not individually owned, but 203 Valley as a whole is a condo with dues and an HOA.

What kind of rent can I get for these units?
For the top unit you can probably garner $5-$6K, and for the middle and lower units, $3,500 each, for a total of $12K monthly income.

What is the square footage?

 3,554 as per tax records.

Floor Plan


Location

Showing Schedule

BROKER TOUR AND PUBLIC OPEN HOUSE

Wednesday, October 16th, 11:30am - 1:00pm

OPEN HOUSE

Saturday, October 19th, 2:00pm - 4:00pm

Sunday, October 20th, 2:00pm - 4:00pm

All additional showings are by appointment only. Please contact listing agent for more information.


Jennifer Ferland
Real Estate Advisor | CØMPASS

Top 1.5% Realtor Nationwide Since 2021

San Francisco and Marin
530.990.5366
jferland@compass.com

DRE 01995816