MAY 14TH, 2026
77 Parkview Circle, Corte Madera, CA 94925
2 BD / 1.5 BTH
$428,700
Sale Price: $428,700
Cozy second story, 852 Square foot, two-bedroom/one-bathroom Below Market Rate (BMR) condo in Corte Madera has become available to households with a total annual income up to 120% of the Area Median Income (AMI). The home is in the Meadow Creek Condo Complex that features serene greenbelt walking paths. Home has just been updated and features new carpet, LVP flooring, paint, kitchen cabinet doors, Quartz Countertops, water heater, and new furnace! The home features an in-unit stacked washer/dryer unit, electric range, and dishwasher. HOA Fees are $689 p/m. Sale is subject to program eligibility requirements and recorded resale restrictions; contact listing agent for application instructions and required documentation.
Marin Housing’s BMR Homeownership Program offers low to moderate-income, first-time homebuyers the opportunity to purchase one of approximately 320 BMR homes throughout Marin County at prices substantially below market value. Resale Restrictions are recorded on title to ensure the property’s continued affordability and stipulate program requirements.
Income Eligibility – 120% of AMI (Low Income)
| Household Size | 120% AMI |
|---|---|
| 1 Person | $156,000 |
| 2 People | $178,300 |
| 3 People | $200,550 |
| 4 People | $222,850 |
| 5 People | $240,650 |
| 6 People | $258,500 |
| 7 People | $276,300 |
| 8 People | $294,150 |
How This Lottery Works
1) Identify a real estate agent to represent you in the homebuying process.
2) Your agent submits your name, household size, estimated gross income, and the signed Offer Guide for Buyers to the listing agent before the deadline.
3) Marin Housing will conduct a randomized lottery after May 14th, 2026, to determine ranking of completed applications, and winners will have a week to submit a full offer package for all adults:
- Completed and signed Marin Housing application including the following:
- Income verification documents (w2, 3 recent paystubs, SSI, etc.)
- Asset verification documents (3 months statements for all checking/savings)
- First-Time Homebuyer Certificate from a HUD certified counseling agency
- A lender’s prequalification letter from a qualified BMR lender. https://www.marinhousing.org/bmr-participating-lenders
- Signed RRA disclosure document.
4) Eligible applicants will be invited into a purchase agreement in lottery ranking order.
Submission Instructions
For submission instructions, please contact the Listing Agent, Rachel Percival, at Rachel.Percival@compass.com or 415.933.7681
For general questions related to the Below Market Rate Program and the Deed Restrictions, please contact Marin Housings BMR Department at bmr@marinhousing.org or 415.491.2550
Requirements & Restrictions
- Owner-occupancy required as your primary residence.
- Renting or subletting is prohibited.
- Resale prices are restricted.
- Must meet first time homebuyer criteria and 120% AMI income limits.
Timeline & Next Steps
Application Deadline: May 14th, 2026, at 11:59pm
Lottery Date: May 15th, 2026
The top 3–5 applicants will be notified within 1–2 business days and must be prepared to advance in the purchase process. This includes providing all requested documents and an updated mortgage preapproval if needed.
Downpayment Assistance may be available for Eligible Households earning below 80% AMI.
EMAIL MARIN HOUSING STAFF OR VISIT OUR WEBSITE FOR INFO BMR@MARINHOUSING.ORG
