In Mill Valley, $1M Buys...Potential

MILL VALLEY, CA — Want to live in a world class climate with top-rated school and low crime rates and just a stone's throw from one of the world's most dynamic cities?

It'll cost you.

Whereas in many parts of the country a million dollars buys sprawling mansions, in Mill Valley it barely gets you a foot in the door.

This listing for a two-bedroom, one-bath home is a case in point of what homebuyers in one of the nation's priciest zip codes face.

The home is adorned by mature oaks, magnolia and fruit trees, is located across from Eastwood Park tennis courts, and nearby hiking trails abound.

But the home is being pitched as a "great opportunity to take on a project & make some improvements to the house to call it your own or further expand & develop the property."

No Toto, we're not in Kansas anymore.

View 47 photos

• Address: 622 Eastwood Way, Mill Valley, California
• Price: $999,000
• Square Feet: 1417
• Bedrooms: 2
• Bathrooms: 1 Baths
• Built: 1953
• Features: This home is a great opportunity to take on a project & make some improvements to the house to call it your own or further expand & develop the property. Upslope lot benefits from all day sunlight, at 9000+/- sq ft offers tremendous upside. Mature oaks, fruit trees & a beautiful mature magnolia adorn the property. Currently set up as a 2 bed, one bath, there is extra space below that was previously set up as 2 bedrooms. There is also a large laundry room. Located across from Eastwood Park & tennis courts & located close to trails for hiking the Miwok Trail, Dias Ridge Trail and Coyote Ridge Trail. Dias & Coyote access Muir Beach & Miwok goes north to Mt. Tam & south to GG bridge. TCSD land sits alongside the property. Please see the floorplan for room lay out. Interested buyers must review disclosure package prior to viewing the property.

This listing originally appeared on realtor.com. For more information and photos, click here.