231 Laurel Place

Rare opportunity to purchase a fantastic single family home plus in-law and 8-units adjacent, MUST BE PURCHASED TOGETHER. THE HOUSE: Tucked just above downtown San Rafael in the Lincoln/San Rafael Hill neighborhood, this 1920s Mediterranean residence offers classic Marin character with modern updates and a separate garden cottage on the lower level. The main house features 3 bedrooms and 3 bathrooms, two decks, and a half basement with a new forced-air furnace, water heater, and storage. many updates throughout the years. A two-car garage with a mahogany door, wide driveway, and upper storage area serves the home. The yard is a true San Rafael oasis: fruit trees including fig, lemon, orange, persimmon, and peach, plus a fountain and bricked seating area. Access is possible from both the Laurel Place gate and the Wilkins driveway; the driveway itself is stone. The lower garden cottage (233A) functions as a one-bedroom in-law or rental unit. It has dual-side access, a large living room, a smaller bedroom, a full bath, and a full kitchen. The cottage is nicely landscaped with accent lighting and automatic sprinklers. THE APARTMENTS: A well-maintained 8-unit courtyard building (7 one-bedrooms and 1 studio) built in 1956 and situated on the same parcel as the adjacent Mediterranean home. Units are similar in size, with galley kitchens, dining areas, and generous living rooms and bedrooms. Upper-floor units feature higher beamed ceilings. All units have tub/shower combinations with glass doors, vanity cabinets, and ventilation windows. The owner pays water and hot water. Flooring varies: two lower units have newer pre-finished hardwood, four have wall-to-wall carpet, and two have refinished parquet. All kitchens have newer stoves, refrigerators, and exhaust fans. Heating is provided by two-sided gas wall heaters with thermostats plus electric wall heaters in the bathrooms. Newer double-pane windows face Mission Avenue (for sound) and are also in the bathrooms. Separate Gas meters and separate electric meters are in the basement utility area. The shared courtyard includes a koi pond, accent lighting, and a BBQ grill. Automatic sprinklers water the plantings. A laundry room with free washer and dryer also offers extra storage. Amazing location and walker's paradise, walk to 4th Street, the smart train only blocks away with easy access to the Larkspur ferry - to Sausalito & SF.

Days on Market

0 days

Current Status

Active

Original Price

$4,000,000

List Price

$4,000,000

On Market Date

Oct 8, 2026

Property Type

Single Family Residence

District

San Rafael -

Zip Code

94901

MLS ID

326085456

APN

01117401

Year Built

0

Stories in Building

3

Possession

Subject To Tenant Rights, Close Of Escrow

Data Source

SFAR

Origin MLS System

Bed

3

Bath

3.5

Parking

2

Garage Faces Side, Covered

SQ FT

7,500

SQ FT Source

Not Verified

Lot SQ FT

9,884.0

Lot Acres

0.2269 Acres

Cooling

Central Air

Entry Level

0

Flooring

See Remarks, Wood, Tile

Foundation

Concrete

Heating

Central

Laundry

In Kitchen

Views

Mt Tamalpais, Bay

Possession

Subject To Tenant Rights, Close Of Escrow

Basement

Partial

Architectural Style

Mediterranean

Fee

$0

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

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