503 Palma Way, Mill Valley, CA 94941

3 beds2 baths1,796 sqft

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My Notes

Do not let the understated curb appeal fool you. This lovely three bedroom, two bath single level Mediterranean home is a winner.Pride of ownership is apparent and all the thoughtful upgrades stand out from the crowd. The attention to detail with some high- efficiency appliances will not go unnoticed.Light streams in from its many windows and doors bordering the amazing 680 sq. foot courtyard. The southwest view of the tree-covered hills at sunrise from the living room, dining room and kitchen is remarkable.In addition to the courtyard there is a large back deck and spacious landscaped yard with classical fountain that is ideal to entertain guests in. It is moments away from Highway 101, Good Earth (completed in 2016), and 3.5 miles from quaint downtown Mill Valley, 12 miles away from San Francisco and Stinson Beach and GGNRA Trailhead that draws people from around the world.It is located in award winning Mill Valley and Tamalpais Union School District.It is a private oasis that is close to everything but feels like you are miles away. Behind the unassuming façade is an unforgettable secluded outdoor space.Pass thru the covered breezeway there is a private courtyard with an in-ground jetted hot tub.This great entertaining space adds to the indoor space that offers privacy and ambience all year round.The Master suite with its walk in closet and updated bath with walk in shower opens up to the courtyard. The spacious living room boasts vaulted ceilings, gas log fireplace and Brazilian cherry floors that continue to the formal dining area with a custom built in buffet. The kitchen has lovely rich wood cabinets, granite counters and garden window. 

What I love about the home

Quiet, wooded area. Close to everything in Marin and San Francisco. Easy freeway access.
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  • Lot: 0.28 acres
  • Single Family
  • Built in 1967
  • 30 days on Zillow
  • Views: 2,651 all time views
  • 34 shoppers saved this home
  • Heating: Forced air
  • Last sold: Oct 2012 for $973,000


  • Attic
  • Cable Ready
  • Ceiling Fan
  • Deck
  • Double Pane/Storm Windows
  • Fenced Yard
  • Fireplace
  • Flooring: Carpet, Hardwood, Tile
  • Garden
  • Hot Tub/Spa
  • Intercom
  • Parking: Garage - Detached, 441 sqft
  • Partial basement
  • Patio
  • Pool
  • Security System
  • Skylight
  • Sprinkler System
  • Vaulted Ceiling

Additional Features

  • Views: Scenic
  • Garage Count: 2 Car Garage
  • Water: Municipal Water
  • Sewer: Public
  • Fencing: Fenced Yard
  • Kitchen Granite Countertops
  • Area Amenities: Golf
  • Area Amenities: Outdoor Activities
  • Area Amenities: Biking
  • Road Type: Private Road
  • Flooring: Mixed
  • Bath Tub and Shower
  • Bath Stall Shower
  • General: Smoke Detector
  • General: Storage Area
  • Cooling: C
  • Area Amenities: Area Hiking
  • Location: Cul-de-sac
  • Exterior Living Space: Courtyard

Appliances Included

  • Dishwasher
  • Dryer
  • Garbage disposal
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Walk-in closet


  • Construction quality:
    Provided by the county assessor, this grade is based on a scale that varies by market. For more information, or to update the grade, contact the county assessor's office.
  • Exterior material: Stucco
  • Roof type: Composition
  • Room count: 8
  • Stories: 0
  • Structure type: Craftsman
  • Unit count: 1


  • Floor size: 1,796 sqft
  • Heating: Gas
  • Last remodel year: 1967
  • Laundry: In Unit
  • Parcel #: 04904611
  • Zillow Home ID: 54641583

Zestimate Details

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+$2,240 Last 30 days
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
+$293 Last 30 days
Zestimate range
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Owner estimate:
Posted on 05/28/2013
relative market value and demand. The Zestimate was based on a purchase price for 1/3 share of the house from the co-owner in 201., It was not a full purchase price. Since then, there have also been repairs and improvements to the property.

Comparable Homes

Homes like this sold for $1.2-1.5M.


Popularity on Zillow

1,881 views since listing
2,651 all-time (chart)
34 shoppers saved
this home to their list of favorites


Neighborhood: 94941

Zillow predicts 94941 home values will increase 3.8% next year, compared to a 4.3% increase for Mill Valley as a whole. Among 94941 homes, this home is 5.4% more expensive than the midpoint (median) home, and is priced 3.6% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 94941, the number of foreclosures waiting to be sold is 57.1% less than in Mill Valley, and 91.4% lower than the national average. This lower local number could help 94941 home values rise more quickly than other regions in Mill Valley.

Learn more about forecast calculations or 94941 home values.
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    Nearby Schools in Mill Valley

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org