1 Green Point Lane, Novato, CA 94945, Novato, 94945 - 3 bed, 4 bath
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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 = 31921, living area = 2319.
Top Cons:
Limited Financing Options: The property is restricted to Cash or Conventional financing only, explicitly excluding FHA and VA loans, which significantly narrows the potential buyer pool.
Compared to the nearby listings
Price:$1.40M vs avg $1.04M (+$363,000)81%
Size:2,319 sqft vs avg 2,029 sqft61%
Price/sqft:$604 vs avg $57860%
More Insights
Built in 1975 (51 years old).
Condition: Built in 1975, the property's interior, especially the kitchen and bathrooms, is severely outdated with original-era cabinetry, tile countertops, and flooring. The listing explicitly states the property 'will not pass inspections' and is not eligible for FHA or VA loans, indicating significant deferred maintenance, potential structural issues, or major system failures that require substantial repairs and rehabilitation. This aligns with the 'poor' condition criteria.
Year Built
1975
Close
-
List price
$1.4M
Original List price
-
Price/Sqft
$604
HOA
$0
Days on market
-
Sold On
-
MLS number
325087898
Home ConditionPoor
Features
Excellent View:
Deck
View-
About this home
Massive Price Adjustment! One-of-a-kind, beautiful home nestled in the hills of Black Point, Novato with views of San Pablo Bay & Hwy 37. Wrap around deck with sliding doors allowing views from each room. Easy access to Hwy37, US101, Hwy29/121 & I80. Home includes an office & a bar with a dancefloor and pool table. No FHA or VA, property will not pass inspections. Cash or Conventional only.
A
Adena Topete
Listing Agent
Condition Rating
Poor
Built in 1975, the property's interior, especially the kitchen and bathrooms, is severely outdated with original-era cabinetry, tile countertops, and flooring. The listing explicitly states the property 'will not pass inspections' and is not eligible for FHA or VA loans, indicating significant deferred maintenance, potential structural issues, or major system failures that require substantial repairs and rehabilitation. This aligns with the 'poor' condition criteria.
Pros & Cons