516 Olive Street, Sausalito, CA 94965

$3,500,000
4
BD
4
BA
2,802
SqFt
List Price
$3,500,000
Status
ACTIVE
MLS#
324053340
Property Type
3+ Houses on Lot
Bedrooms
4
Bathrooms
4
Living Area
2,802
Lot Size
6,098
Region
Sausalito
County
Marin
Acres
0.14

Property Description

Welcome to a unique multi-unit opportunity in Sausalito. The main residence is 516 Olive, designed by John Carden Campbell of Campbell & Wong Architects in 1972. It has been thoughtfully updated, there are 2 BRs, 2 BAs, office area w/laundry + 2-car garage. Primary suite opens to a courtyard & garden. Upper level is a spectacular open concept with 12-ft ceilings & huge windows w/views of Richardson Bay & Angel Island, beautiful built-ins, designer kitchen, front deck & rear patio for seamless indoor-outdoor living. With a blend of history & modern amenities, all the units interiors were extensively remodeled from 2012-2023, along with exterior landscaping, gardens & driveways. Adjacent is 518 Olive, an old fishing cottage that has been transformed into a chic 2-BD, 1-BA w/1-car garage. It features a remodeled kitchen, upgraded bath, new deck, fenced yard, high ceilings, wood-burning stove and bay views. 516A Olive is a legal ADU converted from an art studio w/full kitchen, full bath, laundry & private patio, a hip inspirational space. Ideally located with quick access to freeways & town to enjoy the Sausalito lifestyle. Whether seeking a multifamily compound or a primary residence with supplemental rental income, this opportunity offers timeless appeal.

Additional Information

Fireplace
1
Fireplaces
Living Room, Wood Burning, Wood Stove
Living Area
2,802
Lot Description
Auto Sprinkler F&R, Garden, Landscape Back, Landscape Front, Landscape Misc
Lot Size
6,098
Main Level
Bedroom(s), Full Bath(s), Primary Bedroom
Possession
Negotiable, SubjectToTenantRights
Region
Sausalito
Roof
Bitumen, Shingle, Tar/Gravel
Style
Contemporary, Other
Subdivision
Sausalito Land Ferry Co
Upper Level
Dining Room, Kitchen, Living Room
Utilities
Cable Available, Natural Gas Connected
View
Bay, Garden/Greenbelt, Water

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Eckart Noack from Golden Gate Sotheby's International Realty

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