Yasmine McGrane Presents

Exceptional Sausalito Investment

$4,500,000

Property Details

Bedrooms 10
Bathrooms 8
Square Feet 5,650 sq ft
Neighborhood Historic Old Town, Old Town

Own a Sausalito Gem

Once-in-a-generation opportunity to own this iconic Mediterranean Villa in one of the most coveted parts of the world - historic Old Town Sausalito! 

This rare gem has been held by the same owner for 25 years. Now is your chance to own not only one but two vintage circa 1920 buildings on one lot. Property boasts six residential units (3 per building) with a total of 10 bedrooms, 8 baths. Upper floor east-facing units have sweeping panoramic Bay views from Angel Island, Alcatraz to City lights. 

Perched on a corner lot overlooking the San Francisco Bay, this Mediterranean Villa is all about location. This villa is situated only four blocks from Sausalito's downtown and world-renowned waterfront with its ferry terminal, cafes and boutiques.  Just one block from recently renovated Southview Park with breathtaking Bay views and locals favorite Swede's beach, this property is also nestled within a charming, residential neighborhood. 

Only minutes from Golden Gate Bridge and San Francisco, tenants or a new owner can enjoy an easy commute to work to the City by ferry, bike, bus or car. Mornings at this Mediterranean Villa are spectacular with morning sunrises over the water and evening moonlit stroll by the Sausalito waterfront.

Of the six residential units, four are 1 BD/1 BA upper floor units; two units are 3 BD/2 BA middle floor units. All units have views, original features, hardwood floors, and separate PG&E and water meters. Four units have beautiful wood burning fireplaces. 

Clay tiled roofs & vintage archways lead to a luxurious outdoor courtyard with Bay views that connect the two buildings. Upper floor east facing units have entries off a quiet cul-de-sac and stunning Bay views. Five units are tenant occupied, one 3BD 2BA unit is vacant and recently remodeled. 

There's more! 

Property includes a secluded ground level courtyard; 3 expansive garages; office; storage units, and central laundry facilities.  Endless opportunities for savvy investors to consider upside potential with possible lot split; condo conversion; additional income from rentable storage spaces and repurposing garages, and possible expansion or ADU addition (buyer to investigate all options). Must see before it sells!

Property Tour

Floor Plans

Floor plan

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Site plan

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Neighborhood

Agent avatar image

Yasmine McGrane

Corcoran Icon Properties

Realtor, 2023 Top Producer

DRE:
#02133303
Cell:
4152987775

yasmine@maisonreve.com

www.MaisonReve.com

because some people dream in french

Hi, I'm Yasmine.
A boutique real estate agent passionate about helping my clients find that special place to call home. As a Green-Designated Realtor® (surprisingly, one of only 2% in Marin and CA) I also care about our planet. And like you, our schools, and communities too. I had the honor recently of serving on my local school board as a Trustee of the Sausalito Marin City School District.

But if my name sounds familiar perhaps we met at my vintage home store, Maison Rêve, located at 27 Throckmorton Ave, Mill Valley. That's where I fell in love with designing homes. Not perfectly styled houses but homes with character and soul. You know those kinds of places where you go to a dinner party, and you never want to leave! That’s what I’m talking about.

If you're looking to find your dream home or need someone you can trust to refresh and sell your current one to help you open your next life chapter, I'd love to help. Visit: MaisonReve.com

Yasmine

Schedule

For private showings, contact Yasmine McGrane at 415.298.775 or [email protected]

Upcoming Events

Wednesday

May 15

Broker Tours

10:30 AM - 1:00 PM

Request an appointment