$4,985,000
UNDER CONTRACT

118 Spencer Ave Sausalito, CA 94965

Estimated payment $30,577/month

Total Views 3,778
4 Beds
3.5 Baths
3,395 Sq Ft
$1,468 Price per Sq Ft

Highlights

  • Home Theater
  • Bay View
  • Maid or Guest Quarters
  • Tamalpais High School Rated A
  • Cape Cod Architecture
  • Secluded Lot

About This Home

Nestled in the hills above downtown Sausalito, this stunning legacy property embodies the best of Marin County living: old-world charm, abundant nature, and sweeping Richardson Bay and Mt. Tam views. Every detail has been thoughtfully designed for comfort, style, functionality, and California living. Originally built in 1918, the house underwent an extensive renovation in 2017-2018 resulting in a sophisticated, contemporary, open-concept sanctuary. Spanning three-levels, there are sweeping views from almost every room. The main level enjoys hardwood floors throughout, oversized sliding doors onto expansive Ipe decks with stainless steel wire railings allowing for unobstructed water views. A chef's kitchen with professional grade appliances and oversized island opens up onto the sophisticated yet casual dining room. A contemporary gas fireplace keeps the main living area cozy whether entertaining or relaxing by the fire at night. The upper level features a beautiful primary suite with 180-degree views and a spa-like bath with dramatic geometric tile in the shower. Two additional bedrooms and a hallway bath complete this floor. One of the bedrooms is quite large and offers a great flex space as a secondary media / family room if desired. The lower level is a private and a wonderful retreat with a full bedroom and bath with an additional space currently used as a home gym. The lower level also opens up onto its own spacious deck that also enjoys views of the surrounding gardens and Bay. Extensive work was done to upgrade many of the house systems including a recently added Timberline asphalt roof. The outdoor space is beyond expansive for Sausalito at 8555sf (per tax records) and is truly a gardener's delight with mature plantings, a giant oak tree, a bocce ball court, a fire pit and multiple deck and sitting areas.There is a wonderful office / yoga room adjacent to the main house along with a 1-car detached garage. Experience the best of California living in this truly rare combination of a beautifully updated home in a fantastic location, that enjoys big water views on a private lot with wonderful outdoor space.

Listing Agent

Missy Zech Stacy Achuck

Compass License #01921671 Listed on: 03/31/2026

Compass

Co-Listing Agent

Beth Gassel

Compass License #01973213

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 8,555 Sq Ft Lot
  • North Facing Home
  • Back and Front Yard Fenced
  • Landscaped
  • Secluded Lot
  • Sprinkler System
  • Garden

Parking

  • 1 Car Detached Garage
  • Enclosed Parking
  • Garage Door Opener

Property Views

  • Bay
  • Mount Tamalpais
  • Hills
  • Park or Greenbelt

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Traditional Architecture
  • Shingle Siding

Interior Spaces

  • 3,395 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Window Screens
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Open Floorplan
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Storage

Kitchen

  • Walk-In Pantry
  • Built-In Gas Range
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bathroom on Main Level
  • Tile Bathroom Countertop
  • Low Flow Toliet
  • Separate Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Suppression System

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Roof
  • Energy-Efficient Thermostat

Outdoor Features

  • Fire Pit
  • Shed

Utilities

  • Zoned Heating
  • Heating System Uses Gas
  • 220 Volts
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 065-151-08

Home Details

Home Type

Single Family

Year Built

Built in 1918 | Remodeled

Lot Details

8,555 Sq Ft Lot

Parking

1

Listing Details

  • Interior Amenities: Formal Entry, Storage Area(s)
  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: From Hwy 101, Exit Spencer Avenue, Cross Street is Prospect
  • Lot Size Acres: 0.1964
  • Stories: 3
  • Levels: Three Or More
  • ArchitecturalStyle: Cape Cod, Contemporary, Traditional
  • Property Faces: North
  • Reso Window Features: Dual Pane Full, Window Screens
  • Special Features: UnderContract

Interior Features

  • Appliances: Built-In Gas Range, Dishwasher, Disposal, Gas Water Heater, Ice Maker, Wine Refrigerator
  • Number Of Fireplaces: 1
  • Bedrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Dining Room Features: Dining/Family Combo, Dining/Living Combo
  • Living Room Features: Deck Attached, Great Room, View
  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Square Footage: 3395.00
  • Bathroom Features: Low-Flow Toilet(s), Shower Stall(s), Tile, Window
  • Bathrooms: 4
  • Family Room Features: Deck Attached, Great Room, View
  • Fireplace Features: Family Room, Gas Log
  • Kitchen Features: Island, Kitchen/Family Combo, Pantry Closet, Quartz Counter
  • Room Type: Bonus Room, Dining Room, Great Room, Guest Quarters, Kitchen, Primary Bathroom, Primary Bedroom, Media Room, Office, Possible Guest
  • Lower Level: Bedroom(s), Full Bath(s), Retreat
  • Main Level: Dining Room, Family Room, Kitchen, Living Room, Partial Bath(s), Street Entrance
  • PrimaryBedroomFeatures: Walk-In Closet

Exterior Features

  • Construction Materials: Shingle Siding
  • Lot Features: Auto Sprinkler F&R, Garden, Landscape Front, Secluded
  • Property Condition: Updated/Remodeled
  • ExteriorFeatures: Fire Pit
  • Fencing: Back Yard, Entry Gate, Fenced, Front Yard, Wood
  • OtherStructures: Shed(s), Other
  • Patio And Porch Features: Uncovered Deck
  • View: Bay, Garden/Greenbelt, Hills, Mt Tamalpais, Water

Garage/Parking

  • Parking Features: Detached, Enclosed, Garage Door Opener, Private
  • Total Parking Spaces: 1.00
  • Garage Spaces: 1.00

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: 220 Volts
  • Security Features: Carbon Mon Detector, Fire Suppression System, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Internet Available, Public, Sewer Connected
  • Water Source: Public
  • Heating: Fireplace Insert, Gas, MultiZone
  • Laundry Features: Upper Floor, Washer/Dryer Stacked Included

Schools

  • Middle/Junior School District: Tamalpais Union

Lot Info

  • Assessor Parcel Number: 065-151-08
  • Lot Size Sq Ft: 8555.00

Green Features

  • Energy Efficient: Appliances, Construction, Heating, Insulation, Lighting, Roof, Thermostat, Water Heater, Windows

Building Info

  • Year Built: 1918

MLS Schools

  • Senior High School District: Sausalito Marin City Schools
  • School District (County): Marin

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $47,574 $3,885,272 $2,249,163 $1,636,109
2024 $45,496 $3,809,094 $2,205,064 $1,604,030
2023 $44,566 $3,734,425 $2,161,839 $1,572,586
2022 $42,913 $3,661,202 $2,119,450 $1,541,752
2021 $42,565 $3,589,422 $2,077,897 $1,511,525
2020 $41,790 $3,552,630 $2,056,598 $1,496,032
2019 $40,612 $3,482,983 $2,016,280 $1,466,703
2018 $39,888 $3,394,714 $1,976,760 $1,417,954
2017 $38,094 $3,249,720 $1,938,000 $1,311,720
2016 $13,742 $1,110,910 $563,794 $547,116
2015 $13,534 $1,094,227 $555,327 $538,900
2014 $13,138 $1,072,797 $544,451 $528,346
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2026 03/31/26 For Sale $4,985,000 -- $1,468 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- Stewart Title
Grant Deed $3,198,000 Stewart Title Of California
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $445,000 New Conventional
Previous Owner $492,000 New Conventional
Source: Public Records

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 326026410

Bay Area Real Estate Information Services (BAREIS)

APN: 065-151-08

Your Personal Tour Guide

Ask me questions while you tour the home.