#325030377, Mary Kay Yamamoto, Kathy Yamamoto Kathy Yamamoto, Listing office: RE/MAX of Central Marin
Property details
About 329 Olema Rd
An incredible Marin County investment opportunity in the unincorporated section west of Fairfax. The property is located on .78 acres (33,927 sf) of land and features three spacious side-by-side duplexes with 3BR/1.5 BA townhouse units. Each apartment is 1,428sf. They are thoughtfully designed for modern living. The property's open layout gives each building a sense of privacy and lends itself to future development, such as ADUs. Three separate parcels; however, necessary easements for driveway, parking, utilities, etc between the properties still need to be created and recorded. Buyer to confirm with the County. As Duplexes with 3 BRs are rare, the rental income for this property is generous, with units previously rented in the $4500 range. Overall, the property seems to be in good condition, however, a neighboring property caused a mudslide above the middle upper duplex. These two units remain empty and still need substantial repairs, as well as the hillside directly above. Three duplexes priced at $916,000 each with one discounted $500,000 for repairs needed. Properties being sold as a package for $2,250,000 AS IS. Experience the charm of Fairfax, known for its vibrant community, outdoor activities, and artistic spirit. Live in one or Fix and Flip.
Highlights
(Pending)
Summary
- Parking: Off Street, Uncovered
- Architectural Style: Contemporary
- Heating: Central
- Cooling: None
- List Price: $2,250,000
- Price/SqFt: $262
- HOA Amount: $0
- Annual Tax Amount: $8,613
- Tax Year: 2024
- Lot: Secluded
- Directions: Sir Francis Drake past downtown Fairfax. Left on Olema Road to property.
- Year Built: 1964
- Living Area: 8,568 SqFt
- Lot Size: 0.7789 Acres
- MLS Number: 325057485
- MLS Name: BAREIS MLS
- Office Name: Golden Gate Sotheby's International Realty
- Listing Agent: Michael J Burke
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Last updated on: 7/2/2025, 7:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $367,782 | $8,613 |
2023 | $360,570 | $8,454 |
2022 | $353,501 | $8,261 |
2021 | $346,571 | $8,019 |
2020 | $343,017 | $7,841 |
2019 | $336,292 | $6,995 |
2018 | $329,699 | $6,787 |
2017 | $323,235 | $6,787 |
History based on county public records data.
Nearby schools
5
Manor Elementary School
Public District KG-5
0.4 mi
•150 Oak Manor Dr
7
Ross Valley Charter
Public Charter KG-5
0.9 mi
•102 Marinda Dr
7
Brookside Elementary School
Public District KG-5
1.5 mi
•116 Butterfield Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $71,875. Typical income of Fairfax, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 329 Olema Rd
The listing price of 329 Olema Rd property is $2,250,000.
The property 329 Olema Rd is a multi located in Fairfax, California, 94930.
Sale Pending: 329 Olema Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 329 Olema Rd are: Manor Elementary School (GreatSchools Rating 5/10), Ross Valley Charter (GreatSchools Rating 7/10), Brookside Elementary School (GreatSchools Rating 7/10), White Hill Middle School (GreatSchools Rating 8/10), Ross School (GreatSchools Rating 8/10), Miller Creek Middle School (GreatSchools Rating 6/10), Archie Williams High School (GreatSchools Rating 8/10), Terra Linda High School (GreatSchools Rating 7/10), Marin's Community (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $8,613 (source: MLS/based on county public records data).
The property 329 Olema Rd is 8,568 SqFt (source: MLS/tax record).
The year of construction for 329 Olema Rd is 1964.
This home is located at 329 Olema Rd in Fairfax, CA and zip code 94930. This 8,568 square foot home, which was built in 1964, sits on a 0.78 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 21, 2025 and is currently priced at $2,250,000.
In June 2025 more than 2 listings in Fairfax, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 2 were sold below. The number of homes for sale in Fairfax, CA decreased by 5.1% between May and June 2025.