Welcome to a unique multi-unit opportunity in Sausalito.

The main residence is 516 Olive, designed by John Carden Campbell of Campbell and Wong Architects in 1972. It has been thoughtfully updated, there are 2 BRs, 2 BAs, office area w/laundry + 2-car garage. Primary suite opens to a courtyard and garden. Upper level is a spectacular open concept with 12-ft ceilings and huge windows w/views of Richardson Bay & Angel Island, charmng built-ins, designer kitchen, front deck & rear patio for seamless indoor-outdoor living. With a blend of history & modern amenities, all the units interiors were extensively remodeled from 2012-2023, along with exterior landscaping, gardens & driveways.

Adjacent is 518 Olive, an old fishing cottage that has been transformed into a chic 2-BD, 1-BA w/1-car garage. It features a remodeled kitchen, upgraded bath, new deck, fenced yard, high ceilings, wood-burning stove and bay views. 516A Olive is a legal ADU converted from an art studio w/full kitchen, full bath, laundry & private patio, a hip inspirational space. Ideally located with quick access to freeways & town to enjoy the Sausalito lifestyle. Whether seeking a multifamily compound or a primary residence with supplemental rental income, this opportunity offers timeless appeal.

Request Information
on 516-518 Olive St
in Sausalito, CA
Presented by Eckart Noack at
Golden Gate Sotheby's International Realty.


Property MLS #324053374 from Bareis

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+ Appliances

Laundry Features: In Each Unit

+ Heating and Cooling

Heating Features: Central

+ Land Info

Lot Description: Auto Sprinkler F&R, Landscape Back
Lot Size Acres: 0.14
Lot Size Square Feet: 6098

+ Garage and Parking

Garage Spaces: 3
Open Parking Spaces: 2
Parking Features: Garage, Side-by-Side
Parking Total: 5

+ Home Features

View: Bay, City Lights, Water
Security Features: Security System Owned

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 3
Number of Units: 3
Number of Studio Units: 1
Number of 2 Bedroom Units: 2
Full Bathrooms in the 1 Bedroom Units: 2
Full Bathrooms in the 2 Bedroom Units: 2
Full Bathrooms in the 3 Bedroom Units: 1
Half Bathrooms in the 2 Bedroom Units: 1
Unit-1 Description: 1972 Campbell & Wong design. Stunning elegant contemporary. 12' ceilings, views, decks, garage.

+ Other Property Info

Source Listing Status: Pending
County: Marin
Cross Street: Bridgeway
Directions: Bridgeway, to Olive Street.
Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, ac
Source Property Type: Residential Income
Area: Sausalito
Source Neighborhood: Sausalito
Postal Code Plus 4: 1709
Source System Name: C2C
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Listed 2024-07-08
$3,500,000
Bareis

+ Building and Construction

Total Square Feet Living: 3423
Construction Materials: Shingle Siding, Wood, Wood Siding
Foundation Details: Concrete Perimeter
Roof: Bitumen, Shingle, Wood
Structure Type: House(s)
Architectural Style: Contemporary

+ Utilities

Sewer: Public Sewer
Water Source: Water District

+ Display Complete School Details

Dr. Martin Luther King Jr. Academy is a public elementary and middle school located approximately 1.2 miles away.
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Tamalpais High School is a public high school located approximately 2.8 miles away.
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The Marin School is a private middle and high school located approximately 0.6 miles away.
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