Fairfax just delivered a $305,000 overbid on a single-level ranch home. That’s 23.55% above asking… quite a premium!
The home at 28 Oak Tree Lane was listed for $1,295,000 and closed on November 3 for $1,600,000. Built in 1959, this three-bedroom, two-bath home offers 1,660 square feet of living space on a nearly 9,000-square-foot lot.
There’s plenty to like here. Mountain views, a quiet cul-de-sac setting, a swimming pool, and even a goldfish pond. The landscaped yard and expansive deck give the property plenty of outdoor appeal.
Did those features help push the price so far above asking? Possibly. The sale figures alone can’t tell us what motivated the buyer.
The goldfish pond is a fun detail, but that $305,000 jump from asking to closing is what really catches the eye. Quite a finish for a 1959 ranch in Fairfax!
For more Overbid sales in Marin, head to The Goods.
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Alexander Clark
theFrontSteps Real Estate
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