Inverness 94937 · Inverness · APN 112-113-04 · Unincorporated Marin
Since October 2024 within ½ mile: 2 permitted, 1 proposed or in review.
3 projects with a record in this window, grouped by us from permits and State housing reports. Units are as proposed on each project's latest record and counted at its current stage.
79 permits within ½ mile since October 2024
The map shows new construction, ADUs, demolitions, additions, and renovations. Routine systems work (roofs, HVAC, water heaters) is counted but not mapped. Unit counts are as stated on permits.
$1,770,000
Benchmark range: $1,558,000 – $1,982,000
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) · Geography: permits located by parcel, ½ mile radius · Retrieved Oct 29, 2026
Public-records benchmark estimate combining Zillow Home Value Index (Data provided by Zillow), Census ACS 5-year estimates, parcel land-use/lot characteristics, and issued building permits. Not an official appraisal.
Permit counts, by the date issued (or applied, if not yet issued). Lot splits are planning cases, which we don't have.
We read public zoning and hazard maps against state law (ADUs: Gov. Code 66314; SB 9: Gov. Code 65852.21 and 66411.7). Local rules, title, tenancy history and site conditions can change the answer. Check with Unincorporated Marin's planning department before relying on it.
Sources: County of Marin GIS (MarinMap), Zoning (11 cities and unincorporated Marin) (retrieved Oct 29, 2026) · CAL FIRE Office of the State Fire Marshal, Fire Hazard Severity Zones in the State Responsibility Area (effective 2024-04-01) (retrieved Oct 26, 2026) · CAL FIRE Office of the State Fire Marshal, Fire Hazard Severity Zones in the Local Responsibility Area (map dated 2025-03-24) (retrieved Oct 26, 2026) · FEMA, National Flood Hazard Layer — flood hazard zones (retrieved Oct 26, 2026) · FEMA, National Flood Hazard Layer — FIRM panels (retrieved Oct 26, 2026) · California Geological Survey, Alquist-Priolo Earthquake Fault Zones (retrieved Oct 26, 2026) · Zoning classes: our classification of C-RSP-0.5 as single-family residential, checked against the zone description on Oct 24, 2026
Chronological history of building permit applications and issuances, snapshot-dated status changes, State housing entitlements, surrounding development within ½ mile, and area home-value trends.
Permit issued and active for 13.6 yr (first record Mar 25, 2013), with no completion or new permit record in 12.6 yr. · 1 unit · $400,000 declared valuation
Permit issued and active for 12.5 yr (first record Apr 28, 2014), with no completion or new permit record in 12.2 yr. · 1 unit · $600,000 declared valuation
Permit issued and active for 13.1 yr (first record Sep 12, 2013), with no completion or new permit record in 11.8 yr. · 1 unit · $600,000 declared valuation
Permit issued and active for 11.7 yr (first record Feb 9, 2015), with no completion or new permit record in 11.5 yr. · 1 unit · $600,000 declared valuation
In "Applied" for 10.7 yr (since Feb 8, 2016), with no new permit record in 10.7 yr. · 1 unit · $908,000 declared valuation
Permit issued and active for 7.4 yr (first record Jun 12, 2019), with no completion or new permit record in 6.9 yr. · 1 unit · $549,000 declared valuation
Nearby roof replacement (12900 Sir Francis Drake Blvd): First appeared in published agency feed
Record B48878 · Detected between snapshots
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) · Snapshot diff within ½ mile
Latest published Zillow Home Value Index (ZHVI) update
Changed from $1,404,932 in September 2025 to $1,463,402 in September 2026.
Source: Zillow Home Value Index (ZHVI) · Data provided by Zillow · Geography: ZIP 94937 (not a parcel appraisal)
45 Balmoral Way · 1 unit · $1,200,000 valuation
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) & HCD APR (grouped project within ½ mile)
New single-family home permit issued (180980)
Recorded status: Issued
Replace/Expand S F D; Covered Porches; Retaining Wall · Declared valuation: $1,160,000 · 1 housing unit · Contractor: Stryker Builders Inc
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) · Geography: parcel
New garage / accessory structure permit issued (180981)
Recorded status: Issued
Garage · Declared valuation: $300,000 · Contractor: Stryker Builders Inc
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) · Geography: parcel
New garage / accessory structure permit issued (180982)
Recorded status: Issued
Workshop/Greenhouse; 7000 Gal Water Tank · Declared valuation: $350,000 · Contractor: Stryker Builders Inc
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) · Geography: parcel
Annual ZIP 94937 home-value index checkpoint
Changed from $1,486,491 in September 2024 to $1,404,932 in September 2025.
Source: Zillow Home Value Index (ZHVI) · Data provided by Zillow · Geography: ZIP 94937 (not a parcel appraisal)
New garage / accessory structure permit application filed (180981)
Current status: Issued
Garage · Declared valuation: $300,000 · Contractor: Stryker Builders Inc
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) · Geography: parcel
New garage / accessory structure permit application filed (180982)
Current status: Issued
Workshop/Greenhouse; 7000 Gal Water Tank · Declared valuation: $350,000 · Contractor: Stryker Builders Inc
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) · Geography: parcel
New single-family home permit application filed (180980)
Current status: Issued
Replace/Expand S F D; Covered Porches; Retaining Wall · Declared valuation: $1,160,000 · Contractor: Stryker Builders Inc
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) · Geography: parcel
Electrical / panel permit application filed (B42369)
Current status: Issued
Temp pole for PG&e. — Service Upgrade · Declared valuation: $1,200 · Contractor: Bull Dog Electric
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) · Geography: parcel
Electrical / panel permit issued (B42369)
Recorded status: Issued
Temp pole for PG&e. — Service Upgrade · Declared valuation: $1,200 · Contractor: Bull Dog Electric
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) · Geography: parcel
125 Forres Way · 1 unit · $7,900 valuation
Records span Mar 14, 2025 to Apr 7, 2025 (1 permit).
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) & HCD APR (grouped project within ½ mile)
Annual ZIP 94937 home-value index checkpoint
Changed from $1,453,486 in September 2023 to $1,486,491 in September 2024.
Source: Zillow Home Value Index (ZHVI) · Data provided by Zillow · Geography: ZIP 94937 (not a parcel appraisal)
Annual ZIP 94937 home-value index checkpoint
Changed from $1,535,486 in September 2022 to $1,453,486 in September 2023.
Source: Zillow Home Value Index (ZHVI) · Data provided by Zillow · Geography: ZIP 94937 (not a parcel appraisal)
Cross-referenced intelligence from our historical development graph—connecting parcels, permits, entity-resolved builders, empirical review-time distributions, and neighborhood renovation trends.
Explore full Unincorporated Marin development graph →Active in "Issued" for 17 mo (first record Jun 9, 2025) with no new permit activity recorded in 9 mo. High-impact scale (1 housing unit, $1,160,000 declared valuation across 1 permit).
Active in "Applied" for 10.7 yr (first record Feb 8, 2016) with no new permit activity recorded in 10.7 yr. High-impact scale (1 housing unit, $908,000 declared valuation across 2 permits).
Active in "Applied" for 5.9 yr (first record Dec 15, 2020) with no new permit activity recorded in 5.9 yr. High-impact scale (1 housing unit, $1,400,000 declared valuation across 1 permit).
Active in "Issued" for 13.1 yr (first record Sep 12, 2013) with no new permit activity recorded in 11.8 yr.
Active in "Issued" for 13.6 yr (first record Mar 25, 2013) with no new permit activity recorded in 12.6 yr.
Active in "Issued" for 11.7 yr (first record Feb 9, 2015) with no new permit activity recorded in 11.5 yr.
Substantial improvements (additions, interior remodels, ADUs, commercial TI, and new builds) across 1,390 parcels
Small prior baseline
City baseline: 16.5 / 1k
9 in trailing 24m
Includes 4 ADUs
HUD Small Area Fair Market Rent · ZIP 94937
HUD FY 2026 · 40th-percentile gross rentCensus ACS 5-year median gross rent (all bedroom counts combined):
Area home-value benchmarks (not an appraisal)
ZIP & neighborhood mediansUnder California Proposition 13, the seller's historical assessed value does not carry over to a buyer. On sale, the parcel is reassessed at the purchase price: 1.00% base rate ($17,700/yr) + local voter-approved bond debt ($2,655/yr) + fixed direct levies/Mello-Roos ($450/yr).
Mapped hazard zone insurance context on this parcel:
−$99,230/yr
Cash needed: $389,400
NOI: $8,171/yr
P&I: $8,950/mo
For $0/mo net cash flow
At $3,475/mo rent
| Scenario | Assumptions | Year 1 Rent | Year 1 Cash Flow | Cash-on-Cash | Break-Even Rent | Year 5 Cash Flow |
|---|---|---|---|---|---|---|
| Conservative | −8% starting rent, +3% vacancy, +3% combined maintenance/CapEx, 1.5%/yr rent growth | $3,197/mo | −$8,669/mo | -26.7% | $15,297/mo | −$8,696/mo |
| Base (your inputs) | Your entered assumptions, 3.0%/yr rent growth | $3,475/mo | −$8,269/mo | -25.5% | $14,159/mo | −$8,100/mo |
| Optimistic (cap-limited) | +6% starting rent, 3% vacancy, 4.5%/yr rent growth (capped by AB 1482 ceiling of 8.6%/yr) | $3,684/mo | −$8,040/mo | -24.8% | $13,830/mo | −$7,646/mo |
Rental regulatory context (informational only — not legal advice):
California AB 1482 (Tenant Protection Act, Civ. Code § 1947.12) caps annual rent increases at 5% + local CPI (max 10%) on covered properties.
Issued1 unitsJun 9, 2025 – Jan 23, 2026
We group related permits and State housing reports into projects. That grouping is our inference, not an official record.
Workshop/Greenhouse; 7000 Gal Water Tank
Garage
Replace/Expand S F D; Covered Porches; Retaining Wall
Temp pole for PG&e. — Service Upgrade
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) · Geography: parcel (APN) · Retrieved Oct 29, 2026 · Received and issued dates come from the County of Marin. The county publishes no final or expired status, so an issued permit stays 'Issued' after the work is done.
No housing activity reported to the State for this parcel (2018–2025 reports).
Source: California HCD, Housing Element Annual Progress Report — Table A2 · Geography: project (parcel) · Retrieved Oct 26, 2026 · From Unincorporated Marin's Housing Element Annual Progress Reports. A project can appear in several report years as it moves from entitlement to permit to completion.
Source: County of Marin GIS (MarinMap), Zoning (11 cities and unincorporated Marin) · Geography: zoning district polygon at parcel point · Retrieved Oct 29, 2026
0.85 acres
Assessor's classification for assessment purposes. This is not zoning.
179 KEITH WAY
Source: County of Marin GIS (MarinMap), Parcels · Geography: parcel · Retrieved Oct 29, 2026
Search by parcel number 112-113-04. Assessed value is not market value.
Search by parcel number 112-113-04 (Marin County Tax Collector)
Permits issued in unincorporated Marin in the past 48 months. Each city keeps its own records.
The official flood hazard map for this location. Our reading of it is under What could be built here.
This site does not show owner names.