00 Novato Boulevard, Novato, CA 94947, Novato, 94947 - 2 bed, 1 bath
00 Novato Boulevard
Novato, CA 94947
Property Price
SUMMARY
Analysis of 00 Novato Boulevard, Novato, CA 94947 is currently available with a list price of $12,000,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Novato Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
This listing is for a 435-acre land development portfolio. While it mentions a structure built in 1900, the provided images are exclusively aerial shots of vacant land and hills. With no interior photos of a kitchen or bathroom and a focus on residential development potential, any existing structure is considered to have no contributory value and would likely require demolition for the proposed subdivision.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18948600, living area = 1.
- Massive Land Portfolio
Spanning 435 acres in prestigious Marin County, this property offers a rare opportunity for large-scale acquisition in a highly desirable Northern California market.
- Residential Development Potential
The portfolio includes 50 flat acres specifically suited for residential development, providing a significant foundation for a high-yield subdivision project.
CONSRISKS & DEFICIENCIES
- Entitlement Uncertainty
The property requires significant due diligence regarding city expansion and zoning, as it is currently on the boundary and not yet fully entitled for the proposed development.
- High Development Complexity
While 50 acres are flat, the vast majority of the 435-acre portfolio consists of hillside terrain, which may present environmental and construction challenges.
- Significant Capital Investment
The project requires substantial upfront capital and long-term investment for planning, permitting, and infrastructure, carrying a higher risk profile for developers.
About 00 Novato Boulevard
Situated in Northern California's prestigious Marin County - on the boundary of the City of Novato and next to the 2001 Novato Chase subdivision of 69 single-family detached homes built by Toll Brothers - this 435 Acre Land Portfolio with 50 Flat Acres for Residential Development is Top Tier. The stunning hillside sets the backdrop for this scenic Subdivision, which has the potential for City expansion and will be an unparalleled award-winner for years to come. With nearby services including water and public utilities - homebuilders and developers can appreciate the size, scope, and positive impact a project of this stature will have on the community. Buyer to conduct due diligence with Marin County Planning Department.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1900
- Lot Size
- 18,948,600 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 3% |
| Baths | 1.0 | 2.0 | 7% |
| Square foot | 1 | 1,740 | 2% |
| Lot Size | 18,948,600 | 10,350 | 98% |
| Price | $12.00M | $1.07M | 98% |
| Price per sq ft | $12.00M | $605 | 98% |
| Built year | 1900 | 1964 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 367 | 157 | 0% |
Pricing History
Listed for Sale
Jan 25, 2026
$12,000,000
$24,950,000
-52% Price Drop
Initial Listing
Price Change
Mar 5, 2025
$24,950,000
Initial Listing