118 Spencer Ave Sausalito, CA 94965
Estimated payment $30,577/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 | -- | -- |
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: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 326026410
APN: 065-151-08
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information deemed reliable but not guaranteed. Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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