8 Circle Road, San Rafael, CA 94903
Local realty services provided by:CENTURY 21 Epic
8 Circle Road,San Rafael, CA 94903
$4,850,000
- 10 Beds
- 7 Baths
- 5,910 sq. ft.
- Single family
- Active
Listed by: joseph morrison, robert r knez
Office: hl commercial real estate
MLS#:326018374
Source:CABAREIS
Price summary
- Price:$4,850,000
- Price per sq. ft.:$820.64
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.
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Home facts
- Year built:1999
- Listing ID #:326018374
- Updated:March 07, 2026 at 03:39 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:7
- Full bathrooms:6
- Half bathrooms:1
- Flooring:Carpet, Tile, Wood
- Dining Description:Breakfast Nook, Dining/Living Combo
- Bathrooms Description:Double Sinks, Jack & Jill, Master Bath: Double Sinks, Shower Stall(s), Tile, Tub, Window
- Kitchen Description:Breakfast Area, Built-In Gas Range, Butlers Pantry, Double Oven, Island, Microwave
- Living area:5,910 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1999
- Building area:5,910 sq. ft.
- Lot area:1.15 Acres
- Lot Features:Garden, Private
- Construction Materials:Ceiling Insulation, Concrete, Glass, Wood, Wood Siding
- Foundation Description:Concrete
- Levels:1 Story
Utilities
- Water:Water District
- Sewer:Public Sewer, Sewer in Street
Finances and disclosures
- Price:$4,850,000
- Price per sq. ft.:$820.64
Features and amenities
- Appliances:Built-In Gas Range, Double Oven, Microwave
- Laundry features:Inside Room, Laundry
- Pool features:Built-In, Pool House
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