A newly built six-bedroom, six-bath home is Mill Valley’s most expensive sale of 2023, and at $12.1 million it is one of only five sales over $12 million in Marin County so far this year, according to listing agent Victoria Love of Compass.
The 6,350-square-foot mansion came to market at $12.5 million in mid-April, co-listed by Love and fellow Compass agent Tina McArthur, as well as Coldwell Banker agent Marcus Robinson. It was in contract just two weeks later with two “very interested parties” and one offer, according to Love.
The sale closed in mid-June at just over $1,900 per square foot but has not been reported until now.
Rob Wilkinson of Wilkinson Architectural Group was the architect and the developer, Love said. He bought the two-thirds-acre property in 2018 for $2.2 million, according to public records. What was supposed to be a one- to two-year process ended up taking four years, through a combination of pandemic, supply chain and weather delays, Love said via email.
“Everything took longer than anticipated because of the pandemic,” she explained.
Luckily Wilkinson, who is based in Marin and worked with San Rafael-based interior designer Star Pierce Design, had already incorporated such COVID-era must haves as indoor-outdoor living and an “impressive” home office near the main entrance, so the original design “really did not change at all,” she said.
It was that design, plus the lack of new-build construction in Marin, that allowed the home to be one of the few to break the $12 million mark this year, Love said. Buyers were drawn to the six “generous” bedrooms, including one on the main level, as well as the great room that leads out to an infinity edge pool and patio with Bay and San Francisco skyline views.
The buyer was 12 Sky Road LLC, which lists the office of a CPA in Roseville, outside Sacramento, as its mailing address, according to local and state records. The buyer was represented by Ben Faber at Compass. Faber did not reply to a request for comment, but Love said the buyers connected with the home’s style, which she described as an “earthy, modern vibe with a dash of ‘L.A. cool’ thrown in.”
The two biggest single-family home sales in Marin this year came early, when two Belvedere properties traded in January and February for around $14 million. In March those deals were joined by a Ross sale which also went for around the same price. While the other top-tier sales were new build or recently renovated homes with dramatic Bay views, the Ross sale was a 1970 Japanese-inspired home in largely original condition on 14 acres. The other big Marin sale this year was an 80-unit Fairfax apartment complex, which sold for nearly $23 million to affordable housing provider MidPen Housing in April.
Luxury Marin sales have slowed compared to last year, according to Compass data, with only seven sales of more than $7.5 million March through May of this year, a nearly 50 percent drop compared to spring 2022. Sales between $3 million and $7.5 million dropped a similar amount, while lower-priced homes came closer to last year’s numbers. Sales under $1 million in the county, which are mostly condos, were only 7 percent off last year’s spring figures, though the days on market were longer than other price groups at 45 days.
Read more
Residential
San Francisco
Yacht racer buys Belvedere home on the dock for $14M
Residential
San Francisco
Belvedere dock home sells for $14.2M with multiple offers
Residential
San Francisco
14-acre Japanese-inspired Marin County estate sells for $14M