40 Lucky Dr
Greenbrae 94904 · Greenbrae · Unincorporated Marin · Coordinates: 37.93979, -122.51830
Executive Verdict · Public-Records Synthesis
Zoned A2-B2 in Unincorporated Marin and mapped FEMA AE flood due diligence; benchmark value $2,117,000 ($1,863,000–$2,371,000).
Upsides & Opportunities
- ✓ 2 documented municipal building permits on file
On-parcel permit history is indexed through Nov 21, 2024, letting you verify roof, HVAC, electrical, or structural work against seller disclosures.
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) (parcel APN)
Watchouts & Due Diligence
- ! FEMA Special Flood Hazard Area (AE, all of the lot of lot)
Zone AE: 1% annual chance flood (Special Flood Hazard Area) overlaps this parcel. Expect mandatory flood insurance for federally backed loans and floodplain elevation/mitigation rules for new units or SB 9 applications.
Source: FEMA National Flood Hazard Layer (parcel polygon)
- ! 4 slow or stalled nearby projects within ½ mile
Closest lead: 99 new homes (0.12 mi S, entitled). Inspect timeline history before assuming near-term completion.
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) · HCD APR (½-mile radius)
- ! Year 1 Prop 13 tax reset (~$24,796/yr at $2,117,000)
Sale triggers reassessment to 1.00% base + ~0.15% voter debt (~$2,066/mo). Confirm exact Mello-Roos / CFD special assessments on the county tax bill.
Source: CA Const. Art. XIIIA (Prop 13) · County Tax Collector
Parcel & Assessor
- Lot size:
- 8,494 sq ft (0.19 ac)
- Assessor use:
- Exemption - Improved
- Addresses on lot:
- 40 LUCKY DR
Zoning & Land Use
A2-B2 — Agriculture Limited (Unincorporated Marin)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADUCan't tell
Zoned A2-B2 (agricultural): ADUs are allowed if the zone allows a home, which depends on the zone's rules.
- SB 9: two homes on the lotUnlikely
Zoned A2-B2 (agricultural), not a single-family residential zone.
- SB 9: split into two lotsUnlikely
Zoned A2-B2 (agricultural), not a single-family residential zone.
Mapped Hazard Zones on This Lot
- CAL FIRE Fire Hazard Severity Zone
- Not in a State-mapped fire hazard severity zone
- FEMA National Flood Hazard Layer
- Zone AE: 1% annual chance flood (Special Flood Hazard Area) (all of the lot) · FIRM panel 06041C0459F, effective March 16, 2016
- CGS Alquist-Priolo Earthquake Fault Zone
- Not in an Alquist-Priolo Earthquake Fault Zone
Surrounding Rent & Value Benchmarks (Public Records)
Range: $1,863,000 – $2,371,000 · Status: Off market
HUD Small Area FMR (ZIP 94904) · FY 2026
Studio $2,260 · 1BR $2,710 · 2BR $3,280 · 3BR $4,190 · 4BR $4,340
Developments Deserving Closer Investigation & Active Area Builders
- 99 new homes (Entitled)0.12 mi S
In "Entitled" for 18 mo (since May 14, 2025), exceeding the 292d median and 313d 90th percentile for new multifamily / condos / mixed-use permits in Unincorporated Marin (n=21). High-impact scale (99 housing units, 98 deed-restricted affordable across 0 permits).
- 1000 Drakes Landing Road (Entitled)0.34 mi N
In "Entitled" for 2.1 yr (since Oct 8, 2024), exceeding the 292d median and 313d 90th percentile for new multifamily / condos / mixed-use permits in Unincorporated Marin (n=21). High-impact scale (19 housing units, 4 deed-restricted affordable across 0 permits).
- New home (Entitled)0.36 mi NE
In "Entitled" for 5.1 yr (since Oct 1, 2021), exceeding the 253d median and 686d 90th percentile for new single-family home permits in Unincorporated Marin (n=121).
- Demolition at 113 Greenbrae Boardwalk (Issued)0.47 mi E
Active in "Issued" for 12.6 yr (first record Apr 23, 2014) with no new permit activity recorded in 12.5 yr.
Entity-resolved builders & contractors in ½ mile: Bay Area Underpinning (1 on parcel, 1 in ½ mi · General repair); Jazz Heating And Cooling (1 on parcel, 1 in ½ mi · HVAC / heat pump); Owner Builder (9 in ½ mi · Demolition); Owner (2 in ½ mi · Addition (adds square footage)); Garcia Reyes Construction (1 in ½ mi · New garage / accessory structure).
Permit & Project History on This Parcel (2 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| B40265 | HVAC / heat pump | Issued | Iss. Nov 21, 2024 | $10,336 | Replace Furnace- like for like in same location. — Replace Mechanical Appliance |
| 176196 | General repair | Issued | Iss. Mar 15, 2024 | $114,082 | Foundation Repair Using (34) Push Piers & (14) Screw Jacks And 3 New Subfloor Beams |