Closed Sale Price
$2,350,000
January 4, 2024
Bel Aire · Tiburon
15 Days on Market
Tiburon's Bel Aire neighborhood is the kind of place that earns lifelong loyalty — flat streets, sidewalks, a community park, and the award-winning Tiburon schools within walking distance. 115 Leland Way is its quiet embodiment.
In a town known for hillside drama and Bay views, Bel Aire offers something different: the ease of level living on wide, sidewalk-lined streets that feel genuinely neighborly. This four-bedroom, two-bath single-level home sits on a 7,502 square foot lot — generous by Tiburon standards — and delivers the kind of livable, connected floor plan that works for families at every stage.
Bel Aire at a glance: Flat, walkable streets with sidewalks. A beloved community park at the neighborhood's heart. Immediate access to Ring Mountain trailheads and the Tiburon Bike Path. Award-winning Reed Union Elementary and Del Mar Middle School. Freeway-close for commuters, ferry-accessible for SF workers. This is Tiburon for people who intend to actually live here — not just own here.
The home was remodeled and expanded in 2001, offering a master suite with walk-in closet and luxury bath, three additional bedrooms, and an open layout that connects living spaces to a large private backyard with generous lawn and patio areas. Large windows throughout maintain the bright, airy quality the neighborhood is known for — even without the hilltop Bay views that command the higher price points in Tiburon.
Closing on January 4th — the first working week of 2024 — this sale was one of the first transactions of the new year in Marin County. Fifteen days on market and a clean close is a strong signal in any market, but particularly notable at the turn of a year many predicted would bring increased supply and softening prices. The Bel Aire buyer pool proved that thesis wrong.
Location
Market Snapshot · January 2024
Market Conditions
Cautious
January 2024 opened with rates still elevated near 7%, low seasonal inventory, and buyers taking a more deliberate approach to decision-making than in prior years.
30-Yr Mortgage Rate
~6.8%
Rates had pulled back slightly from November 2023 highs, sparking cautious optimism — though affordability remained historically challenged for most buyers.
Bel Aire Supply
Very Low
Single-level 4-bed homes in Bel Aire are consistently among Tiburon's most in-demand property types — sought by families, downsizers, and commuters alike.
15 Days on Market
Swift
A 15-day close on January 4th — the most challenging week of the calendar year for real estate — reflects the enduring pull of the Bel Aire neighborhood.
January is traditionally the quietest month in Bay Area real estate — sellers wait for spring, buyers delay decisions. This close on the very first working day of 2024, with a 15-day market time, tells a different story: when the right home appears in the right neighborhood at the right price, the calendar is irrelevant. Bel Aire doesn't wait for spring.
TiburonBel AireMarin CountyJust SoldSingle Level2024 Market
