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512 Park Way, Mill Valley, CA, 94941

2beds
2baths
1,393sqft
$949,900
$682price/sqft
$6,783/moest. monthly cost
$271,320/yrincome needed

About This Home

Bank Owned! Well Maintained chic Shingled Cottage, Nestled in a Park Like Setting of Camp Talampais. This Charming Home is Move in Ready, Either you are looking for a full-time Residence, Weekend Retreat or Rental Income. Easy access to Scenic Trails and Downtown.

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

10/10
9/10
10/10
Tamalpais High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1910

Materials

  • Construction materials: Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Gas Oven,Free-Standing Refrigerator,Range Hood
  • Laundry features: Hookups Only

Basement

  • Basement: None

Bathroom

  • Features: Tile,Tub w/Shower Over
  • Level: Lower,Main

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Dining/Living Combo
  • Level: Main

Features

  • Flooring: Laminate,Other
  • Number of fireplaces: 1
  • Fireplace features: Free Standing,Other
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Other
  • Cooling features: None

Interior Area

  • Total structure area: 1,393
  • Total interior livable area: 1,393 sqft

Kitchen

  • Features: Other Counter
  • Level: Main

Living Room

  • Level: Main

Master Bathroom

  • Features: Tile,Tub w/Shower Over

Master Bedroom

  • Features: Closet
  • Level: Main

Property

Details

  • Parcel number: 04708226
  • Special condition: Real Estate Owned

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: Other

Lot

  • Lot size: 3,519 sqft
  • Features: Other

Parking

  • Parking features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Coastal Flooding
Landslide

FEMA Declared Disasters in Marin County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,803$57,636
Home Insurance *$161$1,932
Property Taxes $1,421$17,052
Electricity $398$4,786
Total$6,783$81,396
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$232,560/yr
40% on housing$203,490/yr
45% on housing$180,880/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$682This listing

vs Other Active Listings

Avg $/sqft

ZIP 94941$893
Marin County$774

vs Homes Sold Last Month

Median $/sqft

ZIP 94941$1,004
Marin County$805

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-08Sold$999,999
2025-07-25Contingent$800,900
2025-07-22Price change$800,900
2025-04-28Price change$1,095,900
2025-03-09Listed for sale$1,145,900
2019-11-04Listing removed$3,500
2019-10-22Listed for rent$3,500
2017-10-24Listing removed$3,395
2017-10-06Listed for rent$3,395
2016-08-15Listing removed$3,395
2014-12-03Listing removed$3,350
2014-10-15Listed for rent$3,350
2014-08-21Sold$565,000
2014-06-24Price change$597,000
2014-04-28Listed for sale$615,000
2002-01-02Sold$525,000
1999-03-17Sold$395,000
1993-09-30Sold$280,000

Unknown Listed By

AgentJohn P Lee
BrokerageMRL Group, Inc

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