8 Circle Rd San Rafael, CA 94903
Los Ranchitos NeighborhoodEstimated payment $28,492/month
Highlights
- Barn
- Pool House
- 1.15 Acre Lot
- Vallecito Elementary School Rated A-
- Custom Home
- 3-minute walk to National Geographic Kids Play Area
About This Home
8 Circle Rd presents a rare single-tenant healthcare investment in San Rafael. The 5,910+/- SF luxury residence sits on an expansive 1.15-acre lot and was originally built in 1999 with a substantial 3,634 SF addition completed in 2004. The property is fully leased to Heartwood Detox, a residential healthcare operator in place since 2021, providing stable income. The home is configured to support healthcare operations with six private patient bedrooms, multiple staff and nurse offices, two kitchen areas (including a chef-operated kitchen), dining area, and multiple lounge and gathering spaces. Outdoor amenities include a private pool surrounded by the residence, horseshoe driveway, and a small working farm maintained by the tenant. The investment is offered at $4,850,000 with current annual rent of $360,000 and NOI of approximately $283,074, reflecting an estimated 5.84 cap rate. The lease includes annual increases through the base term ending October 2035, with a renewal option, offering investors stable income with built-in rent growth.
Listing Agent
Joe Morrison
HL Commercial Real Estate License #02067309 Listed on: 03/05/2026
Co-Listing Agent
Robert Knez
HL Commercial Real Estate License #00640535
Home Details
Home Type
- Single Family
Year Built
- Built in 1999 | Remodeled
Lot Details
- 1.15 Acre Lot
- Southeast Facing Home
- Back Yard Fenced
- Private Lot
- Garden
- May Be Possible The Lot Can Be Split Into 2+ Parcels
Home Design
- Custom Home
- Side-by-Side
- Ranch Property
- Concrete Foundation
- Ceiling Insulation
- Shingle Roof
- Wood Siding
Interior Spaces
- 5,910 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Formal Entry
- Family Room
- Living Room with Fireplace
- Dining Room with Fireplace
- Home Office
- Game Room
- Storage
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Butlers Pantry
- Double Oven
- Built-In Gas Range
- Microwave
- Kitchen Island
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- Walk-In Closet
- Jack-and-Jill Bathroom
- Bathroom on Main Level
- Tile Bathroom Countertop
- Dual Sinks
Parking
- 4 Car Garage
- Converted Garage
- Private Parking
- Front Facing Garage
- Uncovered Parking
Pool
- Pool House
- In Ground Pool
Outdoor Features
- Covered Patio or Porch
- Shed
Farming
- Barn
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Sewer in Street
- Internet Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 179-191-05
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 | $31,210 | $2,464,203 | $1,393,780 | $1,070,423 |
| 2024 | $30,393 | $2,415,901 | $1,366,460 | $1,049,441 |
| 2023 | $30,728 | $2,368,536 | $1,339,670 | $1,028,866 |
| 2022 | $29,552 | $2,322,108 | $1,313,410 | $1,008,698 |
| 2021 | $28,226 | $2,276,582 | $1,287,660 | $988,922 |
| 2020 | $28,343 | $2,253,245 | $1,274,460 | $978,785 |
| 2019 | $26,961 | $2,209,080 | $1,249,480 | $959,600 |
| 2018 | $26,672 | $2,165,782 | $1,224,990 | $940,792 |
| 2017 | $25,223 | $2,123,332 | $1,200,980 | $922,352 |
| 2016 | $24,718 | $2,081,713 | $1,177,440 | $904,273 |
| 2015 | $24,185 | $2,050,455 | $1,159,760 | $890,695 |
| 2014 | $21,685 | $1,919,372 | $1,085,618 | $833,754 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2026 03/05/26 | For Sale | $4,850,000 | -- | $821 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,770,000 | Fidelity National Title Co | |
| Grant Deed | $500,000 | California Land Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,100,000 | New Conventional | |
| Closed | $1,416,000 | Unknown | |
| Previous Owner | $400,000 | No Value Available | |
| Closed | $50,000 | No Value Available | |
| Closed | $177,000 | No Value Available |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 326018374
APN: 179-191-05
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Ask me questions while you tour the home.