340 Carrera Dr
Mill Valley 94941 · Tamalpais · Unincorporated Marin · Coordinates: 37.87132, -122.52931
Executive Verdict · Public-Records Synthesis
Zoned RSP-4 in Unincorporated Marin with likely ADU & SB 9 infill eligibility and mapped CAL FIRE high fire hazard severity zone (state responsibility area) due diligence; benchmark value $2,175,000 ($1,914,000–$2,436,000).
Upsides & Opportunities
- ✓ ADU & SB 9 infill pathways screen as likely eligible
Zoned RSP-4 supports ministerial ADU/JADU review plus SB 9 both two-unit development and ministerial urban lot split on a 11,456 sq ft lot. Local precedent is active with 1 ADU permit within ¼ mile over the last 36 months.
Source: Unincorporated Marin zoning · CA Gov. Code 66314 & 65852.21
- ✓ 4 documented municipal building permits on file
On-parcel permit history is indexed through Aug 12, 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)
- ✓ Above-average reinvestment in Tamalpais
50 substantial renovation & housing permits over 24 months (20.5 per 1,000 parcels vs. 16.3 citywide baseline) (#3 of 22 neighborhoods).
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) (Tamalpais)
Watchouts & Due Diligence
- ! Mapped flood awareness zone (Zone X: minimal flood hazard)
all of the lot of the parcel intersects Zone X: minimal flood hazard. Outside mandatory federal SFHA insurance rules, but check local drainage and finished-floor requirements.
Source: FEMA National Flood Hazard Layer (parcel polygon)
- ! CAL FIRE High Fire Hazard Severity Zone (State Responsibility Area) (all of the lot of lot)
Located in a mapped Fire Hazard Severity Zone. Expect Chapter 7A ignition-resistant building standards, defensible-space inspections, and stricter property insurance underwriting.
Source: CAL FIRE FHSZ (map Apr 1, 2024)
- ! 6 slow or stalled nearby projects within ½ mile
Closest lead: New home at 535 Tennessee Valley Rd (adu 531) (0.19 mi E, 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 (~$25,463/yr at $2,175,000)
Sale triggers reassessment to 1.00% base + ~0.15% voter debt (~$2,122/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:
- 11,456 sq ft (0.26 ac)
- Assessor use:
- Single-Resid. - Improved
- Addresses on lot:
- 340 CARRERA DR
Zoning & Land Use
RSP-4 — Residential Single Family Planned (Unincorporated Marin)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADULikely eligible
Zoned RSP-4 (single-family residential): state law allows ADUs where homes are allowed.
- SB 9: two homes on the lotLikely eligible
Zoned RSP-4, a single-family residential zone.
- SB 9: split into two lotsLikely eligible
Zoned RSP-4, a single-family residential zone. The lot is 11,456 sq ft by the assessor, room for two lots of at least 1,200 sq ft, each at least 40% of the original.
Mapped Hazard Zones on This Lot
- CAL FIRE Fire Hazard Severity Zone
- High Fire Hazard Severity Zone (State Responsibility Area) (all of the lot, map Apr 1, 2024)
- FEMA National Flood Hazard Layer
- Zone X: minimal flood hazard (all 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: $1,914,000 – $2,436,000 · Status: Off market
HUD Small Area FMR (ZIP 94941) · FY 2026
Studio $2,730 · 1BR $3,270 · 2BR $3,960 · 3BR $5,060 · 4BR $5,240
Developments Deserving Closer Investigation & Active Area Builders
- New home at 535 Tennessee Valley Rd (adu 531) (Issued)0.19 mi E
Active in "Issued" for 6 yr (first record Oct 29, 2020) with no new permit activity recorded in 4 yr. High-impact scale (1 housing unit, $800,000 declared valuation across 1 permit).
- Accessory dwelling unit at 318 Via Recodo (Applied)0.2 mi SW
In "Applied" for 7.4 yr (since Jun 25, 2019), exceeding the 253d median and 686d 90th percentile for new single-family home permits in Unincorporated Marin (n=121).
- Accessory dwelling unit at 387 Countyview Dr (Applied)0.26 mi W
In "Applied" for 5.2 yr (since Sep 3, 2021), exceeding the 253d median and 686d 90th percentile for new single-family home permits in Unincorporated Marin (n=121).
- New home (Entitled)0.31 mi W
In "Entitled" for 5.6 yr (since Mar 31, 2021), 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: Mc Leran (2 on parcel, 2 in ½ mi · Roof replacement); Deckmaster Fine Decks (1 on parcel, 1 in ½ mi · Other); Ledesma Heating And Air (1 on parcel, 1 in ½ mi · HVAC / heat pump); Owner Builder (20 in ½ mi · Remodel / interior alteration); Owner (20 in ½ mi · Remodel / interior alteration).
Permit & Project History on This Parcel (4 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| B39074 | Roof replacement | Issued | Iss. Aug 12, 2024 | $20,800 | Tear off 2 sloped sections of the main roof to solid sheeting. Install 1.5 rigid urethane insulation followed with 1/2 C… |
| 160950 | Other | Issued | Iss. Mar 7, 2019 | $20,000 | Repair/Replace Deck T.D. 2/27/19 |
| B10861 | Roof replacement | Issued | Iss. Aug 23, 2016 | $8,700 | Re roof - membrane — ReRoofing; With Electronic Inspection |
| 151463 | HVAC / heat pump | Issued | Iss. Apr 6, 2016 | $10,000 | New A/C, Replace Furnace |