
Novato, CA 94945
Analysis of 10 Deer Island Lane, Novato, CA 94945 is currently available with a list price of $4,450,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 2001, the property is 23 years old, placing it in the 'Fair' category based on age. While the home is exceptionally well-maintained and functional, the kitchen and bathrooms feature original finishes (maple cabinetry and specific marble tiling) that are stylistically dated and would require modern updates to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 260053, living area = 4760.
The property is approved for subdivision into three two-acre parcels, offering significant investment flexibility and future value appreciation for developers or estate owners.
A fully equipped lower level with a private entrance, full kitchen, and its own two-car garage provides an ideal setup for guests, rental income, or extended family.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =260053, other record lot size in square feet = 233917. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The expansive acreage, specialized equestrian structures, and large custom home require significant ongoing maintenance and management expenses.
The combination of a premium price point and specific equestrian features may limit the buyer pool to a very specific demographic, potentially impacting liquidity.
A rare near six-acre estate perched atop a private hill, this 4,760 sq ft custom home offers 5 bedrooms, 3 baths, and sweeping views from every window, all just minutes from Highways 37 and 101 and downtown Novato. The property was approved to be subdivided into three lots, (3 two-acre parcels) offering flexibility for future development (APN numbers pending upon recordation). The main level centers on a cathedral-ceiling living room with fireplace, a chef's kitchen with breakfast area and family room, a formal dining room with butler's pantry, and two south-facing decks. The primary suite opens to its own deck and includes two walk-in closets, dual vanities, a marble shower, and a jetted tub. Two more bedrooms (one ideal as an office), a full bath, a spacious laundry room, and an attached three-car garage complete the floor. A lower level with its own private entrance, full kitchen, two bedrooms, dual-sink bath, two-car garage, and a patio with putting green is ideal for guests, multigenerational living, or rental income. The grounds are equally impressive: sunrise views toward Mt. Diablo, a rose garden, fruit orchard, and reflecting the estate's equestrian origins, a six-stall barn with foaling and tack rooms, plus cross-fenced pastures. Radiant floor heating, air conditioning, tile flooring throughout, and extensive parking round out a truly exceptional offering.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 4,760 | - |
| Lot Size | 260,053 | - |
| Price | $4.45M | $1.30M |
| Price per sq ft | $935 | $630 |
| Built year | 2001 | 0 |
| HOA | $0 | $0 |
| Days on market | 47 | 37 |
Jun 5, 2026
$4,450,000
Initial Listing