
Novato, CA 94947
This property presents a High-Potential Investment Opportunity with a List Price of $915,000—positioned well above the $842,273 Fair Market Value by -8%. While currently tenant-occupied, the 8,102 sq. ft. lot and ADU potential offer significant long-term value-add. The home maintains a Fair Condition Rating (4/10), requiring modernization to reach its full potential. With its proximity to Highway 101 and Vintage Oaks, this asset is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage future development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10 Joan Avenue Subject 3 bd · 1 ba · 1,100 sqft · $762 | $899,000* List Price | 3 | 1 | 1,100 | $762 | - |
A 1 Diablo Court Sold 4 bd · 1 ba · 1,237 sqft · $663 · 0.4 mi | $820,000 | 4 | 1 | 1,237 | $663 | 0.4 mi |
B 34 Balra Drive Sold 3 bd · 2 ba · 1,528 sqft · $753 · 1.0 mi | $1,150,000 | 3 | 2 | 1,528 | $753 | 1.0 mi |
C 1681 Hill Road Sold 2 bd · 1 ba · 959 sqft · $912 · 0.7 mi | $875,000 | 2 | 1 | 959 | $912 | 0.7 mi |
D 19 Zanco Way Pending 3 bd · 2 ba · 1,125 sqft · $666 · 0.8 mi | $749,000 List Price | 3 | 2 | 1,125 | $666 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, this 73-year-old property is described as having 'significant upside' and 'future potential,' which typically indicates dated interiors. While the photos show a modern kitchen and finishes, the listing explicitly states these are 'digitally altered' and do not represent the current appearance. As a tenant-occupied home sold for its potential, the actual kitchen, baths, and systems are likely over 20 years old and require modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8102, living area = 1100.
The expansive 8,000+ sq. ft. lot provides significant space for outdoor living, gardening, or the addition of an Accessory Dwelling Unit (ADU) to maximize property value.
Situated just minutes from Vintage Oaks Shopping Center and Highway 101, the property offers exceptional access to major retailers, dining, and convenient commuting routes.
With three bedrooms but only one bathroom, the home's functional layout may be restrictive for larger families or modern buyer expectations.
The existing non-conforming unit within the garage may require additional investment and permitting to legalize or bring up to current building codes.
A fresh opportunity at 10 Joan Avenue. Previous market exposure occurred while the home was tenant-occupied; it is now vacant, easy to show, and ready for buyers to experience in full. Filled with natural light, this charming single-level 3-bedroom, 1-bath home offers approximately 1,100 sq. ft. of comfortable living space on an expansive approximately 8,102 sq. ft. private lot. The property combines immediate livability with exceptional potential for a buyer who wants room to personalize, expand, or create additional value over time. The oversized lot provides generous space for outdoor entertaining, gardening, play areas, future expansion, or a potential Accessory Dwelling Unit, subject to independent investigation, permit requirements, and City approval. An existing nonconforming finished area within the garage offers additional possibilities for flexible use or future improvement, subject to buyer verification and all required approvals. Conveniently located near Vintage Oaks Shopping Center, restaurants, grocery stores, fitness facilities, entertainment, and Highway 101, the home offers excellent access to everyday necessities and the greater North Bay. Some photographs have been professionally virtually staged to illustrate possible furniture placement and design potential. Virtual staging is for marketing purposes only and does not represent the property's present appearance or included furnishings. Vacant, accessible, and full of possibility, 10 Joan Avenue is ready for its next chapter. Buyer to independently verify all information, including square footage, lot size, permits, legality and permitted use of existing improvements, expansion possibilities, and ADU feasibility. Verified public listing information supports the correct address as 10 Joan Avenue, Novato, CA 94947, with 3 bedrooms, 1 bathroom, approximately 1,100 sq. ft., a 1951 construction date, and an approximately 8,102 sq. ft. lot. Current listing details, listing history and property facts.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 1.0 | 2.9 |
| Square foot | 1,100 | 1,976.809 |
| Lot Size | 8,102 | 9,722.521 |
| Price | $899.0K | $1.22M |
| Price per sq ft | $817 | $645 |
| Built year | 1951 | 1967 |
| HOA | $0 | $268 |
| Days on market | 36 | 41 |
Oct 12, 2026
$899,000
$915,000
-2% Price Drop
Initial Listing
Sep 18, 2026
$915,000
Initial Listing
Apr 16, 2004
$525,000
Public Record