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516 Richardson Street, Sausalito, CA 94965

Sausalito
Local realty services provided by:CENTURY 21 Epic
516 Richardson Street,Sausalito, CA 94965
$4,500,000
  • 5 Beds
  • 5 Baths
  • 5,577 sq. ft.
  • Multi-family
  • Active
Listed by: yasmine mcgrane
Office: corcoran icon properties
MLS#:326035729
Source:CABAREIS

Price summary

  • Price:$4,500,000
  • Price per sq. ft.:$806.89

About this home

Must See! Rare trophy property with solid cap rate and upside income potential on one of the MOST coveted blocks in historic Old Town Sausalito, offering panoramic views of the San Francisco Bay, city skyline, Angel Island, and Alcatraz. Set on a prime corner lot along a quiet cul-de-sac, this Mediterranean-style villa features two circa-1920 buildings on a single parcel with six units, four garages, and a dedicated office/flex space. The unit mix includes four light-filled 1BD/1BA upper residences and two spacious 3BD/2BA middle-level units. Many units enjoy east-facing water views, private entrances, hardwood floors, fireplaces, and classic period details. All units are separately metered for PG&E and water. The property's distinctive architecture - arched walkways, clay tile accents, and interconnected courtyards - creates a cohesive and inviting environment. Additional amenities include four large garage/flex spaces, storage rooms, office space, and a common laundry facility with...

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Home facts

  • Year built:1925
  • Listing ID #:326035729
  • Updated:July 29, 2026 at 03:30 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:4
  • Flooring:Varies by Unit, Wood
  • Living area:5,577 sq. ft.

Heating and cooling

  • Heating:Fireplace, Natural Gas, Varies by Unit, Wall Furnace

Structure and exterior

  • Roof:Foam, Spanish Tile
  • Year built:1925
  • Building area:5,577 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Corner, Cul-De-Sac, Curbs/Gutters, Sidewalk
  • Architectural Style:Mediterranean
  • Exterior Features:Fenced Yard, Yard Space
  • Foundation Description:Concrete

Schools

  • Elementary school:Sausalito Marin City Schools

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,500,000
  • Price per sq. ft.:$806.89

Features and amenities

  • Laundry features:Coin Operated, In Common Area, Washer/Dryer Owned

Parking

  • Total parking spaces:12
  • Parking description:Guest Parking Available, Permit Required, Street
  • Garage:Yes
  • Garage spaces:8
The information being provided by Bay Area Real Estate Information Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bay Area Real Estate Information Service. CENTURY 21 Epic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Epic, a broker participant of Bay Area Real Estate Information Service. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bay Area Real Estate Information Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Bay Area Real Estate Information Service. All rights reserved. CABAREIS Member Broker: Mike Southwick

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