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Sold on 08/05/2026
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5 Park Ter, Mill Valley, CA 94941

$1,275,000

Last sold 08/05/2026 after 11 Days

  • 2

    bed

  • 2

    bath

  • 1,300

    Sqft ($981/Sqft)

Condominium not for sale

About 5 Park Ter

Property type Condominium
Neighborhood
Year built 1971
HOA fee $579/month
Lot size 1,063 Sqft
Movoto estimate
Rental estimate
Property description
Rarely available and beautifully updated townhome-style residence in the heart of Mill Valley's coveted Sycamore Park neighborhood. Spanning approximately 1,300 square feet, this inviting home offers two bedrooms, one and one-half baths, and a versatile loft space with vaulted ceiling, skylights, closet and built-ins - ideal for a home office, media room, guest space, or potential third bedroom. Thoughtfully updated throughout, the home features refinished hardwood floors on the main level, fresh interior paint, plantation shutters, and new light fixtures. The inviting living room is anchored by a gas fireplace and opens seamlessly to a sunny entertaining deck with planter boxes and peek-a-boo views of Mt. Tamalpais. The updated kitchen is appointed with a Sub-Zero refrigerator, new quartz countertops, gas stove, sink, and faucet, and opens to the main living and dining areas. The powder room has been tastefully refreshed, while the full bath features new cabinetry, quartz countertops, mirrors, lighting, and a side-by-side Electrolux washer and dryer. Additional highlights include two assigned covered parking spaces, low HOA dues, and an enormous private storage area that runs the length of the unit below - an exceptional and highly coveted feature rarely found in condominium living. Ideally located just moments from Sycamore Park, award-winning schools, Whole Foods, restaurants, shopping, downtown Mill Valley, walking and biking trails, and easy Highway 101 access, this exceptional residence offers a wonderful opportunity to enjoy one of Southern Marin's most desirable and walkable neighborhoods.
Listed by
Listing Agent - Caroline Nelson
Listing Office - Compass
Source: BAREIS mls logo
MLS#326063943 • last updated 1 month ago
Movoto checked BAREIS for data 8 minutes ago
Overview
Cooling/AC None
Heating Baseboard
Levels/Style 2, Multi/Split, Contemporary
SqFt 1300
SubType Attached, Condominium
Type Residential
Year Built 1971
MLS # 326063943
Status Closed
On Market Date 2026-07-25
Lot Size (Acres) 0.0244
Lot Size (SqFt) 1063
HOA Name Park Terrace Association
HOA Fee Monthly, 579
Condition Updated/Remodeled
Interior
# Half Baths 1
# Full Baths 1
Total # of Bathrooms 2
Bathrooms Double Sinks, Tub W/Shower Over
Total # of Bedrooms 2
Living Room Deck Attached, Open Beam Ceiling
Kitchen Butcher Block Counters, Quartz Counter
Basement None
Dining Room Dining/Living Combo
Other Rooms Baths Other, Bonus Room, Dining Room, Great Room, Kitchen, Living Room, Possible Guest, Storage
Laundry Cabinets, Dryer Included, Washer Included
Flooring Carpet, Simulated Wood, Wood
Appliances Built-In Gas Oven, Built-In Refrigerator, Gas Cook Top, Hood Over Range, Microwave
Fireplace Desc Gas Piped, Insert, Living Room
Interior Features Cathedral Ceiling, Open Beam Ceiling
Exterior
# Carport Spaces 2
# Parking Spaces 2
Parking Assigned, Covered, Side-by-Side
Fencing Wood
Lot Desc Auto Sprinkler F&R, Garden, Landscape Front, Low Maintenance
Patio/ Porch Front Porch, Uncovered Deck
Amenities / Utilities
Utilities Cable Available, DSL Available, Internet Available
Sewer/ Septic Public Sewer
Water Source Public
Pool No
Security Features Carbon Mon Detector, Fire Extinguisher, Smoke Detector
HOA Fee Includes Common Areas, Insurance, Maintenance Grounds, Management, Roof
HOA Amenities None
Location
View(s) Hills
Location of Unit Ground Floor
Area Mill Valley
County Marin
Subdivision Park Terrace
Elementary School District Mill Valley
Middle School District Tamalpais Union
APN 030-271-05
Multifamily Details
# of Units 65
$1.24M
Range: $1.14M-$1.34M
Last 30 days 
Rental est.: $9,154/month
Gross rent multiplier: 11.6
  • Year Property taxes Tax assessment
  • 2024
    $15,567 +2.5%
    $1,108,026 +2.0%
  • 2023
    $15,182 +11.2%
    $1,086,300 +1.43%
  • 2022
    $13,651 +2.4%
    $1,071,000 +2.0%
  • 2021
    $13,328 +290.9%
    $1,050,000 +317.89%
  • 2020
    $3,409
    $251,263
  • 2019
    $3,410 +4.2%
    $251,263 +2.0%
  • 2018
    $3,272 +3.7%
    $246,336 +2.0%
  • 2017
    $3,155 +6.0%
    $241,507 +2.0%
  • 2016
    $2,978 +4.8%
    $236,773
  • 2015
    $2,841
    —
  • 5 Park Ter
    $1.27M
  • Sycamore - Tamalpals Park
    $2.24M +50% y/y
  • 94941
    $1.89M -2% y/y
  • Mill Valley
    $1.89M -2% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
4 Park Ter, Mill Valley, CA 94941 $1,242,000 2/1 1,300 0
6 Park Ter, Mill Valley, CA 94941 $1,247,000 2/1 1,300 0
7 Park Ter, Mill Valley, CA 94941 $1,274,000 3/— 1,562 0.01
3 Park Ter, Mill Valley, CA 94941 $1,217,000 2/— 1,300 0.01
2 Park Ter, Mill Valley, CA 94941 $1,309,000 2/2 1,300 0.01
8 Park Ter, Mill Valley, CA 94941 $1,169,000 3/— 1,300 0.02
1 Park Ter, Mill Valley, CA 94941 $1,241,000 2/— 1,300 0.02
9 Park Ter, Mill Valley, CA 94941 $1,088,000 2/— 1,300 0.02

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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