The Schlegel Group

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116 Magnolia AvenueLarkspur, CA 94939Price: $3,098,000

  • Price: $3,098,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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Federal 30-year interest rate: 6.67% last updated on Aug 13, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,098,000List Price
  • 3Bedrooms
  • 3Bathrooms
  • 0.25Acreage
  • 2,346Square Feet
Listed by Laura J. Odisio of Compass

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This is something very special....set in the coveted flats of Larkspur, blocks from downtown, this beautifully reimagined 1926 Queen Anne-style residence blends historic character, modern comfort, and an exceptional indoor-outdoor lifestyle. Originally built by Larkspur builder and designer Gustave Nagel for his daughter, the home was thoughtfully updated in 2020 while retaining its warmth and architectural integrity. Lives as a one level home. A welcoming front porch opens to a light-filled interior with hardwood floors and an easy, open flow. The gracious living room features a wood-burning fireplace with a new wood mantel complementing the front door, while the adjoining dining area offers generous space for gathering. At the heart of the home, the open kitchen features a large center island with seating and connects naturally to the surrounding living spaces. All three bedrooms and two full baths are conveniently located on the main level, including a serene primary suite with a private bath. A dedicated laundry and mudroom complete the main floor. Downstairs, externally accessed flexible spaces include a spacious den or office, an additional office with wet bar, workshop, powder room, walk-in closet, and abundant storage. The expansive backyard offers a park-like setting beneath towering redwoods and mature trees. Four distinct seating areas provide inviting spaces for intimate conversations, quiet relaxation, and entertaining large gatherings. Fountains bring the soothing sound of water to the landscape, while a built-in, in-ground trampoline creates a dedicated place for play. Dine beneath the covered terrace, entertain from the outdoor kitchen, or enjoy the mature grapefruit tree and peaceful natural surroundings. A separate storage structure keeps outdoor essentials neatly tucked away. Moments from Magnolia Avenue's restaurants, cafs, boutiques, and historic Lark Theater, with nearby trails, highly regarded schools, Highway 101, and the Larkspur Ferry, this special home offers an extraordinary combination of history, convenience, and everyday beauty. Not to be missed.

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Based on information submitted to CA_BAREIS as of August 16, 2026 7:33 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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