1 Gate 6 1/2
Sausalito 94965 · Waldo Point · Unincorporated Marin · Coordinates: 37.87547, -122.50906
Executive Verdict · Public-Records Synthesis
Zoned RCR-BFC in Unincorporated Marin and mapped FEMA AE flood due diligence; benchmark value $1,398,000 ($1,230,000–$1,566,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$32,516 contributory est.)
Public building records show issued construction/renovation work on this parcel (5 total permits, latest Mar 31, 2022).
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)
- ! Delayed or open permit activity on this parcel
Remodel / interior alteration (89294): Pending in review for 4.9 yr (21.7× the 83d median) — slower than 90% of remodel / interior alteration permits in Unincorporated Marin (median 83d, 90th pct 266d, n=1,054).
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: 74 new homes at 825 Drake Ave (0.3 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 (~$16,527/yr at $1,398,000)
Sale triggers reassessment to 1.00% base + ~0.15% voter debt (~$1,377/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:
- 566 sq ft (0.01 ac)
- Assessor use:
- Floating Home
- Addresses on lot:
- 1 GATE 6 1/2
Zoning & Land Use
RCR-BFC — Resort and Commercial Recreation (Unincorporated Marin)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADUUnlikely
Zoned RCR-BFC (commercial): the zone doesn't allow homes, so state ADU rules don't apply.
- SB 9: two homes on the lotUnlikely
Zoned RCR-BFC (commercial), not a single-family residential zone.
- SB 9: split into two lotsUnlikely
Zoned RCR-BFC (commercial), 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 06041C0469F, 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: $1,230,000 – $1,566,000 · 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
- 74 new homes at 825 Drake Ave (Issued)0.3 mi W
Active in "Issued" for 6 yr (first record Nov 30, 2020) with no new permit activity recorded in 3.5 yr. High-impact scale (74 housing units, $8,731,920 declared valuation across 1 permit).
- Remodel / interior alteration (89294) (Applied)On this parcel
Pending in review for 4.9 yr (21.7× the 83d median) — slower than 90% of remodel / interior alteration permits in Unincorporated Marin (median 83d, 90th pct 266d, n=1,054).
- New home at 7 Charles Van Damme Dock (Issued)0.34 mi SE
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 1 D Main Dock (Issued)0.38 mi SE
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).
Entity-resolved builders & contractors in ½ mile: Mm Construction (3 on parcel, 6 in ½ mi · Remodel / interior alteration); Owner Builder (58 in ½ mi · Remodel / interior alteration); Owner (26 in ½ mi · Remodel / interior alteration); Ga Higgins (14 in ½ mi · Remodel / interior alteration); Rods General Builders (8 in ½ mi · Remodel / interior alteration).
Permit & Project History on This Parcel (5 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| 171045 | Remodel / interior alteration | Issued | Iss. Mar 31, 2022 | $18,000 | Interior Kitchen Remodel; Add Door, Windows |
| B28478 | Windows / doors / siding | Issued | Iss. Feb 2, 2022 | $10,000 | Windows replace and siding replace. — Siding Replacement, Non-structural Door/Window Replacement |
| 170164 | Remodel / interior alteration | Issued | Iss. Dec 14, 2021 | $55,000 | Rebuild Floors In Bdrms;Drywall On Barge Walls; Bath Remodel; New Boards For Decks Marin Maps Says S M F D |
| 89294 | Remodel / interior alteration | Applied | App. Dec 9, 2021 | $55,000 | Rebuild Floors In Bdrms;Drywall On Barge Walls;;Bath Remodel; New Boards For Decks Marin Maps Says S M F D |
| 8757 | Other |