NOT ON MLS

Welcome to a unique multi-unit opportunity nestled in the picturesque town of Sausalito, offered by its second owner. This property presents a blend of history and modern amenities, with all units extensively remodeled between 2012 and 2023. Renovations include all interiors plus exteriors with gorgeous landscaping, gardens, and new driveway, all improved for functionality and aesthetics.

The main residence is 516 Olive Street, designed by John Carden Campbell of Campbell & Wong architects in 1972. Thoughtfully updated to preserve its architectural integrity, there are two bedrooms, two bathrooms, and an office area with laundry. The primary suite opens to a lovely courtyard and rose garden. The upper level is spectacular — an open concept graced with soaring 12-foot ceilings and huge windows highlighting panoramic views of Richardson Bay and Angel Island. Additionally, there are beautiful built-ins, a designer kitchen, and front deck and rear patio for seamless indoor-outdoor living, plus a two-car garage.

Adjacent to the main house stands 518 Olive Street, originally an old fishing cottage transformed into a charming two-bedroom, one-bathroom cottage retreat with its own one-car garage. This home features a remodeled kitchen, upgraded bathroom, a new deck, and a fenced yard, creating an inviting space for relaxation and entertainment. High ceilings and a wood-burning stove fireplace add warmth and character, while a view deck offers additional al fresco options.

Completing this trio is 516A Olive Street, a legal ADU studio converted from an art studio. This hip studio unit offers a full kitchen, full bathroom, laundry, and a private patio, providing a comfortable and functional living space perfect for guests or rental income.

Ideally located in an enviable location on a street-to-street lot, this property offers quick access to freeways and the town, to enjoy the quintessential Sausalito lifestyle characterized by waterfront charm, renown dining and shopping, and a vibrant community. Whether seeking a multifamily compound or a primary residence with supplemental rental income, this opportunity offers timeless appeal.