118 Spencer Avenue

Nestled in the hills above downtown Sausalito, this stunning legacy property embodies the best of Marin County living: old-world charm, abundant nature, and sweeping Richardson Bay and Mt. Tam views. Every detail has been thoughtfully designed for comfort, style, functionality, and California living. Originally built in 1918, the house underwent an extensive renovation in 2017-2018 resulting in a sophisticated, contemporary, open-concept sanctuary. Spanning three-levels, there are sweeping views from almost every room. The main level enjoys hardwood floors throughout, oversized sliding doors onto expansive Ipe decks with stainless steel wire railings allowing for unobstructed water views. A chef's kitchen with professional grade appliances and oversized island opens up onto the sophisticated yet casual dining room. A contemporary gas fireplace keeps the main living area cozy whether entertaining or relaxing by the fire at night. The upper level features a beautiful primary suite with 180-degree views and a spa-like bath with dramatic geometric tile in the shower. Two additional bedrooms and a hallway bath complete this floor. One of the bedrooms is quite large and offers a great flex space as a secondary media / family room if desired. The lower level is a private and a wonderful retreat with a full bedroom and bath with an additional space currently used as a home gym. The lower level also opens up onto its own spacious deck that also enjoys views of the surrounding gardens and Bay. Extensive work was done to upgrade many of the house systems including a recently added Timberline asphalt roof. The outdoor space is beyond expansive for Sausalito at 8555sf (per tax records) and is truly a gardener's delight with mature plantings, a giant oak tree, a bocce ball court, a fire pit and multiple deck and sitting areas.There is a wonderful office / yoga room adjacent to the main house along with a 1-car detached garage. Experience the best of California living in this truly rare combination of a beautifully updated home in a fantastic location, that enjoys big water views on a private lot with wonderful outdoor space.

Days on Market

1 day

Current Status

Active

Original Price

$4,985,000

List Price

$4,985,000

On Market Date

Mar 31, 2026

Property Type

Single Family Residence

Area

Sausalito

Zip Code

94965

MLS ID

326026410

APN

065-151-08

Year Built

1918

Stories in Building

Unavailable

Possession

Close Of Escrow

Data Source

BAREIS

Origin MLS System

Bed

4

Bath

4 (3/1)

Double Sinks, Low-Flow Toilet(s), Shower Stall(s), Soaking Tub, Tile, Window

Parking

1

Detached, Enclosed, Garage Door Opener, Private

SQ FT

3,395

SQ FT Source

Not Verified

Lot SQ FT

8,555.0

Lot Acres

0.1964 Acres

Kitchen

Island, Kitchen/Family Combo, Pantry Closet, Quartz Counter

Cooling

Ceiling Fan(s)

Dining Room

Dining/Family Combo, Dining/Living Combo

Exterior Details

Fire Pit

Family Room

Deck Attached, Great Room, View

Living Room

Deck Attached, Great Room, View

Flooring

Carpet, Tile, Wood

Fire Place

Family Room, Gas Log

Heating

Fireplace Insert, Gas, MultiZone

Laundry

Upper Floor, Washer/Dryer Stacked Included

Upper Level

Bedroom(s), Family Room, Full Bath(s), Primary Bedroom, Retreat

Main Level

Dining Room, Family Room, Kitchen, Living Room, Partial Bath(s), Street Entrance

Views

Bay, Garden/Greenbelt, Hills, Mt Tamalpais, Water

Possession

Close Of Escrow

Basement

None

Architectural Style

Cape Cod, Contemporary, Traditional

Fee

$0

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

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