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Tucked away behind a private gate in Mill Valley’s lushly wooded hills, this picturesque property that some have described as magical, offers endless potential with two parcels totaling 1.4-acres. An ultra-private escape among towering redwoods with plenty of sunshine, this enchanting property is home to a one-bedroom (plus loft), one-bathroom cottage. Currently used as a short-term rental property that garners a net income of ~ $4,800/month, the light-soaked abode merges indoor and outdoor living with endless windows and French doors.
Recently remodeled in 2018, the sunlit cottage offers a zen-like retreat with a wrap-around balcony decked in fragrant wisteria. Appointed with soaring ceilings, a massive skylight, and hardwood flooring, the interior cues up a muted palette of earth tone hues. Quartz counters converge with cherry cabinets in a bright, central kitchen that serves as the focal point of an open concept living/dining area.
A commanding fireplace takes centerstage, flanked by a pair of French doors. An airy, spatial expanse that affords limitless light, this 774-square foot cottage employs a vaulted loft, generous bedroom and modern bathroom with marble vanity and soaking tub. Replete with central heat and a lower-level laundry room with ample storage, the property offers off-street parking and a vintage garage that could be converted into a home office with a little extra love.
Equipped with previously approved, but expired plans for a contemporary, four-bedroom, four-bathroom home, the 4,000-square foot build includes a garage and rooftop deck and offers the potential to keep the existing cottage as an in-law unit. Should plans be waived, new owners have the flexibility of creating two separate homes on the property.
Whether living on a small cottage on a large lot, continuing to earn strong income from the current short-term rental, building a new home with a separate in-law unit, or splitting the parcels into two separate homes, the options are endless. Given the easy access to Mt Tam’s nearby hiking/biking trails, award-winning schools, and commuter access to San Francisco, 60 Washington Park Avenue truly takes advantage of all that Mill Valley has to offer.
- Idyllic and magical Mill Valley retreat
- Ultra-private escape among towering redwoods with plenty of sunshine
- Two parcels totaling 1.4 acres
- Charming 1 bed (plus loft) / 1 bath cottage
- 774 sq. ft. (per MLS) cottage remodeled 4 years ago
- Includes a loft with queen-sized bed
- Net rental income of ~ $4,800/month
- Equipped with central heat and wood burning fireplace
- Quartz counters in the kitchen and bathroom
- Endless French doors for warmth and light
- Massive central skylight
- Storage and laundry located below the main floor
- Two separate water meters (only one currently used)
- Old garage could be converted to an office space
- Equipped with off-street parking
- Easy access to Mt Tam’s nearby hiking and biking trails
- Located in award-winning school district
- Easy commuter access to San Francisco
Family-friendly Mill Valley is all about schools and sports. Nestled at the foot of Mount Tamalpais, homes in the Marin County city range from 500-square-foot hunter's cabins to multimillion-dollar mansions tucked away on winding, narrow lanes under the redwoods. Coffee is king in Mill Valley. Downtown, three separate coffee shops do a brisk business. At the Depot, as the sunny town center is called, moms with strollers, kids on tricycles, and teenagers kicking hacky sacks relax in the open-air plaza, which now houses an independent bookstore and cafe. The Depot is also a jumping-off spot for hikers and mountain bikers heading up the slopes of Mount Tamalpais. Nightlife in Mill Valley is anchored by Sweetwater Music Hall, which hosts many well-known musical acts. As the groomed playing fields at the community center attest, sports are big in Mill Valley, with soccer, baseball, and lacrosse leagues all popular.