
Novato, CA 94945
This Spacious Hillside Retreat is a Strong Value Opportunity, listed at $1,295,000—positioned well below the $1,417,280 Fair Market Value by 8%. This valuation gap offers $122,280 in Instant Equity for savvy buyers. While maintaining a Condition Rating of 4, the rustic interior provides significant upside for modernization. The property features a massive 23,200 sq. ft. lot, wooded hillside views, and a lower level primed for a legal ADU. This is an ideal find for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11 Green Point Lane Subject | $1,295,000* List Price | 5 | 3 | 2,426 | $584 | - |
A 1 Green Point Lane Active | $1,400,000 List Price | 3 | 4 | 2,319 | $604 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this home is well-maintained but largely reflects its original era with a rustic log-cabin interior. While the kitchen features some updated stainless steel appliances, the overall cabinetry, tile flooring, and bathroom fixtures are significantly dated. The property is functional and move-in ready but requires cosmetic modernization and updates to major systems to align with contemporary standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23200, living area = 2426.
The lower level features independent access, two bedrooms, and a full bath, making it perfectly suited for conversion into a legal ADU, guest suite, or high-end home office.
Situated on a generous 23,200 sq. ft. lot, the property offers exceptional privacy and two oversized decks that provide seamless indoor-outdoor flow for entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1975, the property may require updates to major systems or cosmetic modernizations to align with the expectations of contemporary luxury buyers.
The significant separation of living spaces across two levels and the hillside lot may pose challenges for buyers seeking single-level living or those with mobility concerns.
Nestled on a quiet cul-de-sac in Novato, this incredible home offers a rare combination of serene privacy and modern versatility. The main level features a spacious primary suite and two additional bedrooms, complemented by an open kitchen, living, and dining area that flows onto an expansive deck. The lower level significantly extends the home's potential with two more bedrooms, a full bath, a laundry room, and a dedicated workshop, all opening to a second oversized deck ideal for entertaining. With its flexible layout and independent access, this space is primed for conversion into a legal ADU, home office, or guest suite. Offering the feel of a secluded sanctuary with the convenience of quick access to Highways 101 & 37, shopping, and dining. This home is the ultimate North Bay find for commuters and dreamers alike.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 93% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,426 | 2,147 | 59% |
| Lot Size | 23,200 | 9,125.5 | 78% |
| Price | $1.29M | $1.14M | 54% |
| Price per sq ft | $534 | $570 | 39% |
| Built year | 1975 | 1974 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 189 | 2% |
Apr 3, 2026
$1,295,000
Initial Listing