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$2,250,000

329 Olema Rd Fairfax, CA 94930

8,568 sqft
0.8 acres
$263 / sqft
Multi-Family

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

Home typeMulti Family
HeatingCentral
StatusSale Pending
(Pending)
Size8,568 sqft
Lot size0.7789 Acres
Year built1964
ParkingOff Street, Uncovered
MLS #325057485

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

IDXCopyright © 2025 by Bay Area Real Estate Information Services, Inc. All rights reserved.

The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

24%
<35k
37%
35k-100k
22%
100k-200k
17%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
11%
Single, with Kids
19%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
7%
12-17 yrs old
12%
18-34 yrs old
45%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Men's TennisMen's Tennis
  • NASCARNASCAR

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • LexusLexus

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • NewsNews
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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