NOT LISTED FOR SALE

70 Drakes Summit Rd Inverness, CA 94937

Estimated Value: $1,830,000 - $2,396,246

2 Beds
1.5 Baths
1,383 Sq Ft
$1,494/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $1,910,000 $1,381 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $13,076/month

20 Days on Market

Highlights

  • Bay View
  • Private Lot
  • Electric Vehicle Home Charger
  • 3.9 Acre Lot
  • Loft
  • Dining Room

About This Home

As of August 2021

Magical setting on the Inverness Ridge. This incredible home has been spectacularly remodeled by Red Horse Construction and sits on nearly 4 private/tranquil acres bordering the Pt Reyes National Seashore. Every detail is beautifully finished and the house flows seamlessly to the large wraparound deck. Floor-to-ceiling windows and dramatic 18' ceilings bring the outside in. Take in views of the stunning natural setting with a peek at the Bay/wetlands. Walk among verdant old-growth fir trees on your own park-like trails or connect to the nearby NPS trails. Don't miss this rare opportunity to own one of the most unique and beautiful properties around.

Last Agent to Sell the Property

Ryan Rodoni

Coastal Marin Real Estate License #01477978 Listed on: 07/06/2021

Co-Listed By

Fred Rodoni

Coastal Marin Real Estate License #00792805

Last Buyer's Agent

Jennifer Ames

Engel & Völkers Mill Valley License #01408907

Engel & Völkers Mill Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,070

Year Built

  • Built in 1962

Lot Details

  • 3.9 Acre Lot
  • Private Lot

Parking

  • 1 Car Garage
  • Electric Vehicle Home Charger
  • Front Facing Garage

Property Views

  • Bay
  • Woods
  • Ridge
  • Forest
  • Park or Greenbelt

Interior Spaces

  • 1,383 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Stacked Washer and Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • No Cooling
  • Wall Furnace
  • Baseboard Heating
  • Heating System Uses Propane
  • Propane
  • Well
  • Septic System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 114-310-18

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,070

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Sir Francis Drake Blvd to Balboa Ave. Continue to Drakes Summit Rd. Right on driveway near top of Drakes Summit Rd to #70 (see sign at start of driveway).
  • Lot Size Acres: 3.8999
  • Stories: 2
  • Levels: Two
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 1
  • Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Price Per Square Foot: 1381.06
  • Square Footage: 1383
  • Bathrooms: 2.00
  • Fireplace Features: Gas Piped, Living Room
  • Main Level: Dining Room, Kitchen, Living Room

Exterior Features

  • Lot Features: Private
  • Pool: No
  • View: Bay, Forest, Park, Ridge, Water, Woods

Garage/Parking

  • Parking Features: EV Charging, Garage Facing Front
  • Total Parking Spaces: 5
  • Garage Spaces: 1

Utilities

  • Cooling: None
  • Sewer: Septic System
  • Utilities: Internet Available, Propane Tank Leased
  • Water Source: Well
  • Heating: Baseboard, Fireplace(s), Propane, Wall Furnace
  • Laundry Features: Washer/Dryer Stacked Included

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Assessor Parcel Number: 114-310-18
  • Lot Size Sq Ft: 169880

Building Info

  • Year Built: 1962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 6, 2021
Sold by
Chapman James J and Ballard Madeleine W
Bought by
Orchard Dunstan and Dutton Kristian
Seller's Agent
Ryan Rodoni
Coastal Marin Real Estate
Buyer's Agent
Jennifer Ames
Engel & Völkers Mill Valley
List Price
$1,910,000
Sold Price
$1,910,000
Current Estimated Value
$2,066,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,312
Avg. Annual Appreciation
1.96%
Original Mortgage
$800,000
Outstanding Balance
$731,624
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,334,688

Purchase Details

Listed on
Jul 5, 2018
Closed on
Jul 30, 2018
Sold by
Teichman Judith L
Bought by
Chapman James J and Ballard Madeleine W
Seller's Agent
Joseph Soule
Inactive Office
Buyer's Agent
Fred Rodoni
Coastal Marin Real Estate
List Price
$1,295,000
Sold Price
$1,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%

Purchase Details

Closed on
Dec 8, 2012
Sold by
Teichman Judith L
Bought by
Teichman Judith L

Purchase Details

Closed on
Nov 1, 2000
Sold by
James Douglas W and Robert Ornduff Living Trust
Bought by
James Douglas W

Purchase Details

Closed on
Nov 4, 1994
Sold by
Relyea Chester F and Teichman Judith L
Bought by
Relyea Chester F and Teichman Judith L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Orchard Dunstan $1,910,000 Fidelity National Title Co
Chapman James J $1,295,000 Fidelity National Title Co
Teichman Judith L -- None Available
James Douglas W -- --
Relyea Chester F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orchard Dunstan $800,000
Previous Owner Teichman Judith L $197,000
Previous Owner Teichman Judith L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $1,910,000 0.0% $1,381 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $1,910,000 +47.5% $1,381 / Sq Ft
08/17/2018 08/17/18 Sold $1,295,000 0.0% $936 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $1,295,000 -- $936 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

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 $22,070 $2,026,892 $1,379,560 $647,332
2024 $22,070 $1,987,164 $1,352,520 $634,644
2023 $21,674 $1,948,200 $1,326,000 $622,200
2022 $21,502 $1,910,000 $1,300,000 $610,000
2021 $15,348 $1,349,730 $1,082,088 $267,642
2020 $15,344 $1,335,900 $1,071,000 $264,900
2019 $14,796 $1,295,000 $1,050,000 $245,000
2018 $3,762 $295,888 $192,122 $103,766
2017 $3,671 $290,087 $188,355 $101,732
2016 $3,511 $284,399 $184,662 $99,737
2015 $3,503 $280,128 $181,889 $98,239
2014 $3,371 $274,641 $178,326 $96,315
Source: Public Records

Agents Affiliated with this Home

  • Ryan Rodoni

    Seller's Agent in 2021

    Ryan Rodoni

    Coastal Marin Real Estate

    (415) 663-1104

    23 in this area

    32 Total Sales

    Ryan Rodoni
    Section Image

  • F

    Seller Co-Listing Agent in 2021

    Fred Rodoni

    Coastal Marin Real Estate

    (415) 663-1104

    3 in this area

    4 Total Sales

    Fred Rodoni
    Section Image

  • J

    Buyer's Agent in 2021

    Jennifer Ames

    Engel & Völkers Mill Valley

    (415) 634-5577

    1 in this area

    33 Total Sales

    Jennifer Ames
    Section Image
  • Joseph Soule

    Seller's Agent in 2018

    Joseph Soule

    Inactive Office

    (415) 663-1104

    6 in this area

    8 Total Sales

    Joseph Soule
    Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321059512

Bay Area Real Estate Information Services (BAREIS)

APN: 114-310-18

California Marin County Inverness 94937

70 Drakes Summit Rd, Inverness, CA

This home is located at 70 Drakes Summit Rd, Inverness, CA 94937 since 06 July 2021 and is currently estimated at $2,066,312, approximately $1,494 per square foot. This property was built in 1962. 70 Drakes Summit Rd is a home located in Marin County with nearby schools including West Marin Elementary School and Tomales High School.

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.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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