Nestled in the heart of coveted Old Town Sausalito, this utterly charming vintage bungalow is brimming with character, curb appeal and opportunity. Just 2 blocks from the waterfront and downtown Sausalito's beloved shops, restaurants and cafes, this home offers the perfect blend of location, coastal charm and potential in one of Marin's most beloved communities. Even better is the easy access to San Francisco -- just minutes by car or an idyllic ferry ride away! A darling front porch welcomes you into the light-filled single-level residence featuring a cozy living/dining room combo with fireplace, an inviting kitchen with adjoining sun porch & 2BD/1BA. One of the bedrooms opens to an additional sun porch with peek-a-boo Bay views, creating a sweet retreat filled with natural light. Outside, stairs off the back of the kitchen lead down to a beautifully landscaped garden and a rare, expansive flat yard with ample space for outdoor living, dining & entertaining. Beneath the home, the generous basement area and one-car garage present exciting possibilities for expansion, an ADU, studio space or additional storage. Previous owner had an architect draw plans for a possible build-out of the lower level, along with a completed property survey, offering a valuable head start for buyers looking to further maximize the property's potential. With updated electrical, roof, and water heater already completed in recent years, the home is quite livable as-is while offering tremendous upside for a buyer with vision. A rare opportunity to create something truly special in one of Sausalito's most desirable and storybook settings.