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8 Circle Road, 
San Rafael, CA 94903

$4,850,000

10

Beds

7

Baths

5,910

Sq Ft

Single Family

Active

Listed by

Joseph Morrison

, 

Robert R Knez

Hl Commercial Real Estate

Last updated:

April 10, 2026, 02:32 PM

MLS#

326018374

Source:

CABAREIS

About This Home

8 Circle Road

8 Circle Rd presents a rare single-tenant healthcare investment in San Rafael. The 5,910+/- SF luxury residence sits on an expansive 1.15-acre lot and was originally built in 1999 with a substantial 3,634 SF addition completed in 2004. The property is fully leased to Heartwood Detox, a residential healthcare operator in place since 2021, providing stable income. The home is configured to support healthcare operations with six private patient bedrooms, multiple staff and nurse offices, two kitchen areas (including a chef-operated kitchen), dining area, and multiple lounge and gathering spaces. Outdoor amenities include a private pool surrounded by the residence, horseshoe driveway, and a small working farm maintained by the tenant. The investment is offered at $4,850,000 with current annual rent of $360,000 and NOI of approximately $283,074, reflecting an estimated 5.84 cap rate. The lease includes annual increases through the base term ending October 2035, with a renewal option, offering investors stable income with built-in rent growth.

Home Facts

Single Family

7 Baths

10 Bedrooms

Built in 1999

Price Summary

4,850,000

$820 per Sq. Ft.

MLS #:

326018374

Last Updated:

April 10, 2026, 02:32 PM

Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

6

Interior

Living Area:

5,910 Sq. Ft.

Structure

Structure

Building Area:

5,910 Sq. Ft.

Year Built:

1999

Lot

Lot Size (Sq. Ft):

49,998

Finances & Disclosures

Finances

Price:

$4,850,000

Price per Sq. Ft:

$820 per Sq. Ft.

Source:CABAREIS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.