1 Gate 5 Rd
Sausalito 94965 · Waldo Point · Unincorporated Marin · Coordinates: 37.87212, -122.50143
Executive Verdict · Public-Records Synthesis
Zoned RF-BFC in Unincorporated Marin and mapped FEMA AE flood due diligence; benchmark value $1,366,000 ($1,202,000–$1,530,000).
Upsides & Opportunities
- ✓ 8 documented municipal building permits on file
On-parcel permit history is indexed through May 11, 2022, 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, about 58% 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)
- ! Delayed or open permit activity on this parcel
Other (150921): Issued after 6 mo — slower than 90% of other permits in Unincorporated Marin (median 0d, 90th pct 71d, n=1,560).
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) (review-time benchmark)
- ! 5 slow or stalled nearby projects within ½ mile
Closest lead: New home at 1 D Main Dock (0.12 mi W, issued). 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 (~$16,159/yr at $1,366,000)
Sale triggers reassessment to 1.00% base + ~0.15% voter debt (~$1,347/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:
- 305,094 sq ft (7.00 ac)
- Assessor use:
- Industrial - Improved
- Addresses on lot:
- 1 GATE 5 RD; 1 GATE 5 RD C
Zoning & Land Use
RF-BFC — Floating Home Marina (Unincorporated Marin)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADUCan't tell
Zoned RF-BFC (other): ADUs are allowed if the zone allows a home, which depends on the zone's rules.
- SB 9: two homes on the lotUnlikely
Zoned RF-BFC (other), not a single-family residential zone.
- SB 9: split into two lotsUnlikely
Zoned RF-BFC (other), 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) (about 58% of the lot); Zone AE: 1% annual chance flood (Special Flood Hazard Area) (about 36% of the lot); Zone X: minimal flood hazard (about 4% of the lot); Zone X: 0.2% annual chance flood hazard (shaded X) (about 1% of the lot) · FIRM panel 06041C0507E, 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: $1,202,000 – $1,530,000 · Status: Off market
HUD Small Area FMR (ZIP 94965) · FY 2026
Studio $2,720 · 1BR $3,260 · 2BR $3,950 · 3BR $5,050 · 4BR $5,230
Developments Deserving Closer Investigation & Active Area Builders
- Other (150921) (Issued)On this parcel
Issued after 6 mo — slower than 90% of other permits in Unincorporated Marin (median 0d, 90th pct 71d, n=1,560).
- New home at 1 D Main Dock (Issued)0.12 mi W
Active in "Issued" for 11.4 yr (first record Jul 7, 2015) with no new permit activity recorded in 8.5 yr. High-impact scale (1 housing unit, 1 deed-restricted affordable, $78,000 declared valuation across 1 permit).
- New home at 7 Charles Van Damme Dock (Issued)0.13 mi NW
Active in "Issued" for 9.3 yr (first record Aug 1, 2017) with no new permit activity recorded in 7.2 yr. High-impact scale (1 housing unit, 1 deed-restricted affordable, $110,000 declared valuation across 1 permit).
- New home at 61 Liberty Dock (Applied)0.11 mi N
In "Applied" for 11.5 yr (since May 6, 2015), exceeding the 253d median and 686d 90th percentile for new single-family home permits in Unincorporated Marin (n=121).
Entity-resolved builders & contractors in ½ mile: Owner Builder (2 on parcel, 49 in ½ mi · Remodel / interior alteration); Owner (2 on parcel, 13 in ½ mi · New garage / accessory structure); Jw Rigney Construction (3 on parcel, 4 in ½ mi · New garage / accessory structure); Jw Rigney Const (1 on parcel, 2 in ½ mi · Electrical / panel); Insight Builders (6 in ½ mi · Remodel / interior alteration).
Permit & Project History on This Parcel (8 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| B29699 | EV charger | Issued | Iss. May 11, 2022 | $20,000 | Install a manufactured Electric Vehicle Charging Station (EVCS) and connect to existing meter on property. — EV Charging… |
| 168849 | Plumbing / water heater / sewer | Issued | Iss. Jul 19, 2021 | $200 | Existing Gas Manifold For Pg&E To Install Smart Meter |
| 167142 | Plumbing / water heater / sewer | Issued | Iss. Feb 11, 2021 | $200 | Inspection For Gas Manifold So P G & E Can Install Smart Gas Meter |
| 150921 | Other | Issued | Iss. Feb 24, 2016 | $15,000 | New Dock Entry To Main Dock (C Dock) T.D. 9/18/15 |
| 150367 | Electrical / panel | Issued |