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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
14,585
acreage
Acreage
1.087
open houses
Open Houses
-
year built
year built
1954
full baths
Full Baths
0
half baths
Half Baths
0
Rare opportunity to acquire a high-performing waterfront property in prestigious Sausalito, CA. Situated on a 1.087-acre lot with 14,585 SF, 303 Harbor Drive offers immediate cash flow with $597,720 in annual NOI (9.06% cap rate). This prime asset, priced at $6,600,000, is surrounded by affluent communities like Tiburon, Ross, and Mill Valley and is minutes from the Golden Gate Bridge. With over 1.5M annual visitors to Sausalito, the property offers significant redevelopment potential for boutique hotels, luxury mixed-use spaces, private marinas, or wellness retreats. Comparable properties in the area command $10M+ valuations, making this dual-value asset a rare find. Whether for immediate income or transformative redevelopment, this property is positioned for substantial ROI in one of Northern California's most desirable markets. Don't miss this landmark investment opportunity.
Location
Subdivision -
County Marin
Elementary School -
Middle School -
High School -
Exact location data not provided
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open houses Open houses
None scheduled.
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MLS number: 325003821
Listing agent: Katrina Klam #01899484
Listing broker: Realty One Group Fox (707) 448-6119
Copyright © 2025 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 29 2025 at 11:34 p.m. EST
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