Mill Valley, California Luxury Estate, A Haven for Innovators and Legends, Heads to Auction

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MILL VALLEY, Calif.--(BUSINESS WIRE)--Sep 12, 2025--

A tranquil, forest-framed, designer-renovated sanctuary, just a 15-minute drive from the heart of San Francisco will be offered at auction by Elite Auctions on September 29, selling to the highest bidder without reserve. The property is located at 119 Marguerite Ave, Mill Valley, California, in the desirable Blithedale Canyon just a short walk to downtown Mill Valley. This estate provides an unparalleled lifestyle in a walkable family-oriented community, ideal for raising kids and enjoying the outdoors.

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This luxury estate located in coveted Mill Valley, California combines modern sophistication with privacy in a family-friendly community with a thriving town center. The estate is set to be auctioned by Elite Auctions on Monday, September 29. (Photo Credit: Ariel Photos).

The 4,730-square-foot luxury home, which includes a fully permitted accessory dwelling unit (ADU) and expansive grounds, offers a unique blend of modern sophistication and seclusion in a community celebrated for its cultural legacy. The property is currently listed at $4,295,000.

Designed by architect Patricia Velho, the remodeled estate features an open floor plan with high ceilings and a grand staircase. It is equipped with ultra-luxury amenities, including a master suite with a spa-inspired bathroom, gourmet kitchen, temperature-controlled wine refrigerator, and a covered outdoor kitchen with heaters for year-round enjoyment. The private, gated property is also ideal for car enthusiasts, with seven parking spaces and a two-car garage featuring unique racetrack flooring.

The home’s exterior seamlessly blends with its natural surroundings. New decks offer views of the redwood forest, while a waterfall and pond provide a serene atmosphere. For families, the property features a ladder-accessed play loft, whimsical children's treehouse, basketball hoop, and dedicated play areas behind a gated entrance.

A Lifestyle of Innovation and Inspiration

Mill Valley, which recently celebrated its 125th anniversary, is a safe, charming, and family-friendly town known for its top-rated schools and vibrant culture. It has a long history of attracting visionaries and entrepreneurs, making it an ideal destination for today’s AI tech leaders and innovators. The town is the birthplace of mountain biking and the Mill Valley Film Festival and has been a haven for creative legends, from musicians including Bob Weir and Sammy Hagar to comedians Robin Williams and Dana Carvey who honed their skills at the town's Throckmorton Theatre.

The home offers the perfect balance of privacy and proximity. Famed Mount Tamalpais hiking and biking trails are steps away, and it is just a 15-minute commute to San Francisco. It is also conveniently located within walking distance of downtown Mill Valley's shops, restaurants, theatres, and schools, via established walking paths.

"This property represents the perfect convergence of Mill Valley's creative legacy and today's tech boom," said Elite Auctions President and Cofounder Tara McLean. “With motivated sellers who have recently relocated, this presents a rare opportunity to acquire a turnkey luxury property in an extraordinary location."

Auction Details

Open houses will take place every Saturday and Sunday, from 1 p.m. to 4 p.m., starting September 13. The public, agents and prospective bidders are all welcome. The auction will take place at the property, on Monday, September 29, 2025, at 11 a.m. P.T., without reserve. Remote bids will be accepted. Elite Auctions is heading up the auction, with Monica Costa Realtor, Founding Member Engel & Volkers Marin County holding the listing. To schedule a private preview visit EliteAuctions.com, or call 844.94-ELITE.

About Elite Auctions

Elite Auctions is a premier luxury real estate and yacht auction firm with a proven track record, having marketed over $1.5 billion in high-end assets since 2012. EliteAuctions.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250912566968/en/

CONTACT: DeeDee Taft,[email protected]

Spin Communications, Inc.

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: Elite Auctions

Copyright Business Wire 2025.

PUB: 09/12/2025 11:40 AM/DISC: 09/12/2025 11:39 AM

http://www.businesswire.com/news/home/20250912566968/en

 

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