00 Novato Boulevard, Novato, CA 94947, Novato, 94947 - 2 bed, 1 bath
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Novato, CA 94947
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.
Property is land value only, full reconstruction required.
This listing is for a 435-acre land portfolio intended for residential development. Although it mentions a structure built in 1900 with 2 bedrooms and 1 bathroom, the living area is listed as 1 sqft and no interior images are provided. The aerial photos show only vast open land and hills, indicating that any existing structures are likely unlivable or of no value, and the property is being sold for its land and redevelopment potential.
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.
This massive 435-acre portfolio includes 50 flat acres specifically suited for residential development, offering a rare large-scale opportunity in the high-demand Marin County market.
Adjacent to the established Novato Chase subdivision with nearby access to public utilities, the property is ideally positioned for city expansion and streamlined infrastructure integration.
The potential for subdivision and city expansion requires extensive due diligence and complex approvals from the Marin County Planning Department, which can be a lengthy and uncertain process.
While 50 acres are flat, the vast majority of the 435-acre site consists of steep hillsides, which may limit the total buildable yield and increase environmental mitigation costs.
This expansive Novato offering includes multiple APNs, creating a rare opportunity to acquire a combined large land holding. The property features a 2-bedroom, 1-bath ranch home, though the primary value is in the land and parcel configuration. Ideal for buyers seeking space, privacy, and future planning potential, this property offers flexibility for a range of uses including estate development, land banking, or long-term investment. Buyer to verify development and use potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 3% |
| Baths | 1.0 | 2.5 | 6% |
| Square foot | 1 | 2,005 | 3% |
| Lot Size | 18,948,600 | 11,243 | 97% |
| Price | $12.00M | $1.17M | 97% |
| Price per sq ft | $12.00M | $598 | 97% |
| Built year | 1900 | 1965 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 465 | 165 | 92% |
Jan 25, 2026
$12,000,000
$24,950,000
-52% Price Drop
Initial Listing
Mar 5, 2025
$24,950,000
Initial Listing