The ultimate in Mill Valley Living starts with the perfect location. Own a piece of Mill Valley’s famous Steps, Lanes and Paths. 44 Lovell Ave, also known as 44 and 46 Madrona, is situated directly on the well known Madrona Steps (MV SLP #49) just one block from downtown Mill Valley. This unique property can either serve as two income generating rentals, or develop the lot to create your own sanctuary.

The lot is approximately 1,750 SF and the current structure consists of one building with two separate studio units. Easy access for demolition and excavation of the site for development.

Property Description

• This is a two unit duplex.
• Legal address is 44 Lovell Ave, though often referred to as 44 and 46 Madrona St.
• Separate meters for PG&E and Water.
• New roof installed on top half of the building approximately six years ago.
• New roof installed on bottom half of the building in late 2024. New gutters and downspouts were also installed in 2024.
• New sewer lateral was installed in 2025 per Mill Valley requirement.
• A permit was pulled in 2025 to rebuild the entry path and porch for each unit. Engineer drawings include full scope of work. No work has been done on the permit and it will need to be renewed if the new owner intends to rebuild the entry path and porch. Packet to review is at site.
• Upper unit has direct access to the back patio and is vacant and ready to be rented. The unit has been rented consistently for the past decade.
• The lower unit needs minor plumbing and a new stove and refrigerator to be rentable.
• A 10ft wide garage door has been approved by the City of Mill Valley via email and will need to be purchased and installed by the new owner.