Located in one of Mill Valley's most charming walk-to-everything neighborhoods, this rare three-story Park Terrace townhome blends Santa Barbara warmth with mid-century design. Perfectly positioned along a bucolic creek and just steps from beloved Sycamore Park, the home enjoys one of the largest private yards in the complex with a path leading directly to the park and nearby shops. The sunken living room features oversized picture windows framing the lush garden, while the open kitchen and dining area provide space for gatherings or work-from-home flexibility. A powder room and generous storage complete the main level. Upstairs offers two spacious bedrooms at opposite ends for privacy, a full bath, laundry, and a primary suite with abundant closets, its own full bath, and serene garden views. A dramatic top-level loft with clerestory windows and built-ins creates an inspiring retreat with abundant storage or potential walk-in closet. With low HOA dues, flood insurance carried by the HOA, and an unbeatable central location, this is one of Mill Valley's best-kept secrets.
Closed
Tax assessed value
$1,275,000
42 Park Terrace, Mill Valley, CA 94941
2beds
1,477sqft
Condominium
Built in 1971
-- sqft lot
$1,324,100 Zestimate®
$863/sqft
$4,901 Estimated rent
Home value
$1,324,100
$1.19M - $1.47M
$4,901/mo
Zestimate® history
Owner options
List your home for rent
$4,901/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$4,901/mo
Rent Zestimate®
Refinance and save
$8,674/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$8,674/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Dramatic top-level loftSerene garden viewsLush gardenSpacious bedroomsAbundant closetsClerestory windows
Zillow last checked:
Listing updated:
Listed by:
Beth F Brody DRE #00657511 415-987-2384,
Compass 415-380-6100
Bought with:
Tom M Davis, DRE #01214231
Coldwell Banker Realty
Source: BAREIS,MLS#: 325079944
Originating MLS: Marin County
Originating MLS: Marin CountyFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Dining Room, Kitchen, Living Room, Loft, Master Bathroom, Master Bedroom, Office, Storage
Bedroom
- Level: Upper
Bathroom
- Level: Lower,Upper
Dining room
- Features: Formal Area
- Level: Lower,Main
Family room
- Level: Main
Kitchen
- Features: Kitchen/Family Combo, Pantry Cabinet, Quartz Counter
- Level: Lower,Main
Living room
- Features: Sunken
- Level: Lower
Heating
- Baseboard
Cooling
- Ceiling Fan(s)
Appliances
- Included: Built-In Electric Range, Built-In Refrigerator, Dishwasher, Disposal, Range Hood, Washer/Dryer Stacked
- Laundry: Laundry Closet
Features
- Cathedral Ceiling(s), Storage
- Flooring: Carpet, Tile, Wood
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room
- Common walls with other units/homes: No One Below
Interior area
- Total structure area: 1,477
- Total interior livable area: 1,477 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, No Garage
Features
- Levels: Multi/Split
- Stories: 2
- Patio & porch: Enclosed, Front Porch
- Fencing: Back Yard,Fenced,Full,Wood
Lot
- Size: 1,241 Square Feet
- Features: Auto Sprinkler F&R, Sprinklers In Front, Garden, Landscape Front, Private, See Remarks
Details
- Parcel number: 03027142
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Concrete Perimeter, Raised
- Roof: Composition
Condition
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Internet Available
Community & HOA
Community
- Subdivision: Park Terrace
HOA
- Has HOA: Yes
- Amenities included: None
- Services included: Common Areas, Insurance, Maintenance Structure, Maintenance Grounds, Management, Roof
- HOA fee: $579 monthly
- HOA name: Park Terrace Association
- HOA phone: 925-746-0542
Location
- Region: Mill Valley
Financial & listing details
- Price per square foot: $863/sqft
- Tax assessed value: $1,275,000
- Date on market: 9/9/2025
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2025 | Sold | $1,275,000-1.5%$863/sqft |
Source:  BAREIS #325079944 Report a problem | ||
| 10/8/2025 | Pending sale | $1,295,000$877/sqft |
Source: BAREIS #325079944 Report a problem | ||
| 9/10/2025 | Listed for sale | $1,295,000+65.4%$877/sqft |
Source: BAREIS #325079944 Report a problem | ||
| 7/17/2014 | Sold | $783,000+8.9%$530/sqft |
Source: Public Record Report a problem | ||
| 6/11/2014 | Pending sale | $719,000$487/sqft |
Source: Alain Pinel Realtors - Corte Madera - Central Marin #21411915 Report a problem | ||
| 5/26/2014 | Listed for sale | $719,000+117.9%$487/sqft |
Source: Alain Pinel Realtors #21411915 Report a problem | ||
| 6/10/1998 | Sold | $330,000$223/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,275,000 +31.3% |
| 2025 | $14,597 +2.6% | $971,062 +2% |
| 2024 | $14,224 +2.1% | $952,025 +2% |
| 2023 | $13,929 +4.1% | $933,360 +2% |
| 2022 | $13,384 +0.1% | $915,059 +2% |
| 2021 | $13,369 +1.8% | $897,121 +1% |
| 2020 | $13,136 +4.1% | $887,927 +2% |
| 2019 | $12,621 +3.4% | $870,522 +2% |
| 2018 | $12,211 +2.1% | $853,457 +2% |
| 2017 | $11,965 +4.1% | $836,723 +2% |
| 2016 | $11,492 +1.8% | $820,321 +2.2% |
| 2015 | $11,292 +199.2% | $803,000 +461.7% |
| 2014 | $3,774 | $142,971 +0.5% |
| 2013 | -- | $142,325 +2% |
| 2012 | -- | $139,535 +2% |
| 2011 | -- | $136,799 +0.8% |
| 2010 | -- | $135,777 -0.2% |
| 2009 | -- | $136,100 +2% |
| 2008 | -- | $133,432 +2% |
| 2007 | -- | $130,816 +2% |
| 2006 | -- | $128,252 +2% |
| 2005 | -- | $125,737 +2% |
| 2004 | -- | $123,272 +1.9% |
| 2003 | -- | $121,013 +2% |
| 2002 | -- | $118,642 +2% |
| 2001 | -- | $116,316 |
Find assessor info on the county website
Neighborhood: Miller/Molino
Nearby homes
- $1,191,2002 bd2 ba1.3k sqft41 Park Ter, Mill Valley, CA 94941Off Market
- $1,111,1002 bd1 ba1.3k sqft43 Park Ter, Mill Valley, CA 94941Off Market
- $1,116,4002 bd1 ba1.3k sqft44 Park Ter, Mill Valley, CA 94941Off Market
- $1,109,4002 bd1 ba1.3k sqft40 Park Ter, Mill Valley, CA 94941Off Market
- $1,414,7003 bd2 ba1.3k sqft45 Park Ter, Mill Valley, CA 94941Off Market
- $402,5003 bd1 ba1.3k sqft39 Park Ter, Mill Valley, CA 94941Sold
- $1,073,0002 bd1 ba1.3k sqft46 Park Ter, Mill Valley, CA 94941Off Market
- $916,0002 bd1 ba1.3k sqft38 Park Ter, Mill Valley, CA 94941Off Market
Nearby schools
GreatSchools rating
- 10/10Park Elementary SchoolGrades: K-5Distance: 0.5 mi
- 9/10Mill Valley Middle SchoolGrades: 6-8Distance: 0.3 mi
- 10/10Tamalpais High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: Mill Valley
Source: BAREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,324,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,324,100
- California
- Marin County
- Mill Valley
- 94941
- Miller/Molino
- 42 Park Terrace
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Mill Valley Topics
