
Novato, CA 94947
This property presents a High-Potential Investment Opportunity with a List Price of $775,000, currently aligned with its $775,000 Fair Market Value. Featuring a Fair Condition Rating, the home offers significant upside through cosmetic modernization. Key assets include a 9,919 sqft flat lot, a detached outbuilding with power, and essential infrastructure updates like a newer roof and electrical panel. This versatile property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity through personalized design and value-add renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Diablo Court Subject | $775,000* List Price | 4 | 1 | 1,237 | $627 | - |
A 1665 Center Rd Sold | $760,000 | 4 | 2 | 1,424 | $534 | 0.3 mi |
B 19 Zanco Way Pending | $749,000 List Price | 3 | 2 | 1,125 | $666 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the property has had essential 'heavy lifting' completed including a newer roof, updated windows, and a new electrical panel. However, the interior is described as needing cosmetic finishing touches and features dated elements like wood-paneled walls, placing it in the Fair category despite the solid system updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9919, living area = 1237.
The home features dramatic vaulted ceilings with exposed wood beams and a classic brick fireplace, offering a unique craftsman-style aesthetic that radiates warmth and nostalgic charm.
Situated on a nearly 10,000 sqft fully fenced flat lot, the property includes a detached outbuilding with power and a loft, providing rare flexibility for a home office, art studio, or hobby space.
The interior requires personal cosmetic finishing touches and a design vision, which will necessitate additional immediate investment and effort from the buyer to modernize the space.
With only 1,237 square feet of living space distributed across multiple bedrooms, the interior layout may feel constrained for those seeking the spaciousness of a more modern floor plan.
Experience the magic of country living without sacrificing city convenience in this charming craftsman style cottage, which currently lives as a 3 bed|2 bath home. Nestled amongst a canopy of mature trees, this charming home radiates the nostalgic warmth of a bygone era from the moment you arrive. The crown jewel of the home is the dramatic vaulted ceilings with exposed wood beams and rich wood-paneled walls, creating an inviting, cabin-like sanctuary. A classic brick fireplace with gas insert serves as the ultimate focal point for cozy evenings. The highly functional layout features a private primary ensuite upstairs, balanced by two comfortable bedrooms and a full bath on the main level. Situated on an expansive, fully fenced flat lot, the property offers boundless space to entertain or cultivate a dream vegetable garden. There is even a concrete pad with power for a jacuzzi! A separate detached outbuilding with power and a loft, stands ready to become your dedicated art studio, hobby shop, or home office. While the home awaits your personal cosmetic finishing touches, the major heavy lifting has already been done with a newer roof, updated windows, electrical panel and a compliant sewer lateral report. The attached carport provides covered parking, and the sealed garage space offers flexibility for vehicles or storage. Bring your design vision and claim your own piece of Novato history! Centrally located with proximity to Whole Foods, Safeway, Pini Hardware, SummerWinds Nursery, Body Kinetics and a stones throw to the amazing Hill Recreation Area!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,237 | 2,048.556 |
| Lot Size | 9,919 | 10,147.097 |
| Price | $775.0K | $1.23M |
| Price per sq ft | $627 | $644 |
| Built year | 1951 | 1968 |
| HOA | $0 | $289 |
| Days on market | 93 | 43 |
Jun 8, 2026
$775,000
Initial Listing