Sold
Closed
516-518 Olive St
Sausalito CA, 94965
$3,250,000
$949.46 per sqft
Sold
Closed
4 Beds
4 Baths
3,423 sqft
Multi-family
Welcome to a unique multi-unit opportunity in Sausalito. The main residence is 516 Olive, designed by John Carden Campbell of Campbell & 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 & garden. Upper level is a spectacular open concept with 12-ft ceilings & huge windows w/views of Richardson Bay & Angel Island, beautiful 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.
324053340
MLSⓇ ID
July 8, 2024
Listed
February 21, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
4
Full Bathrooms
4
Interior Features
Cathedral Ceiling, Open Beam Ceiling
Laundry Description
Dryer Included, Washer Included
Fireplace
Yes
Fireplace Description
Living Room, Wood Burning, Wood Stove
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.14 Acres
Exterior Features
Balcony, Auto Sprinkler FR, Garden, Landscape Back, Landscape Front, Landscape Misc
Lot Features
Auto Sprinkler FR, Garden, Landscape Back, Landscape Front, Landscape Misc
Architectural Style
Contemporary, Other
Roof
Bitumen, Shingle, Tar/Gravel
Sewer
Public Sewer
Patio And Porch
Uncovered Deck, Uncovered Patio
Security
Security System Owned
Other Property Details
Area Name
Sausalito
Garage
Yes
Garage Spaces
3
Parking
Attached, Garage Facing Front, Interior Access
Parking Total
3
View
Yes
View Description
Bay, Garden/Greenbelt, Water
County
Marin
Water Source
Public
Pool
No
Utilities
Cable Available, Natural Gas Connected
Bought with Beth F Brody with Compass and Listed by Eckart Noack with Golden Gate Sotheby's International Realty
Listing Contact:
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jeffrey Marples shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Bay Area Real Estate Information Services, Inc. all rights reserved.