11 Saddlebrook Court, Novato, CA 94947, Novato, 94947 - 4 bed, 4 bath
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Novato, CA 94947
This Custom Secluded Estate represents a High-Potential Investment Opportunity, listed at $2,349,000—positioned well below the $2,801,233 Fair Market Value by 16%. This significant valuation gap provides $452,233 in Instant Equity for buyers. While the property holds a Fair Condition Rating due to its original 1980s-style finishes, it features a detached guest suite, sparkling pool, and forested redwood views on a private half-acre lot. This residence balances timeless architectural character with immense value-add potential through cosmetic modernization. It is an ideal acquisition for Owner-Occupants looking to build wealth or Value-Add Investors seeking a premium Novato asset.
Property is moderate renovation needed.
The property is exceptionally well-maintained by the original owner, but it fits the 'fair' criteria due to its age (built 1989) and lack of a full modern renovation. While move-in ready with updated stainless steel appliances and well-kept hardwood floors, the kitchen retains dated 1980s-style cabinetry and white tile countertops with grout lines. The bathrooms and overall aesthetic, while clean and functional, show signs of being outdated and would require cosmetic modernization to meet current luxury standards.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 = 23414, living area = 3320.
The property features a detached guest suite with a full bath and a rare main-level bedroom, offering exceptional flexibility for multi-generational living, a private home office, or a studio.
Situated on over half an acre and tucked away on a private driveway surrounded by majestic redwoods, this home provides a rare level of privacy and tranquility while remaining close to downtown.
Built in 1989 and held by the original owner, the home may require cosmetic updates to the kitchen and bathrooms to meet the aesthetic preferences of contemporary luxury buyers.
The expansive half-acre lot, featuring a swimming pool and mature redwood landscaping, will require significant ongoing maintenance and associated costs to preserve its pristine condition.
YES. You are reading this correctly: Seller has made a $300000 price improvement! Don't miss out on this beautiful home so you're set for summer. This is the first time this Novato home has ever been available in 36 years! A rare opportunity to own a homeowner designed and original built residence.Secluded amongst majestic redwoods and surrounded by elegant estate homes, tucked away on a private driveway, this owner designed and custom built residence sits on just over half an acre of beautifully landscaped grounds. Lovingly maintained by its original owner since the day it was built, the 4 bed, 3 bath, approximately 3,300 sq ft home offers timeless character, generous living spaces, and thoughtful design throughout. The home features hardwood flooring on the main level, a stately living room, formal dining room, and a gourmet eat-in kitchen that opens to a cozy family room and patio for effortless indoor-outdoor living. A rare main level bedroom and full bath offer flexibility for guests or multi-generational living. Upstairs, the tranquil primary suite overlooks the sparkling pool and expansive backyard, with two additional bedrooms and a full bath completing the level. The expansive, just over half-acre grounds also feature a detached guest suite with a full bath, offering the perfect space for a private retreat, poolside office, or studio. A rare and special home offering privacy, timeless charm, and modern convenience in a peaceful setting, only a short drive to downtown.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 2.0 | 91% |
| Square foot | 3,320 | 1,902 | 89% |
| Lot Size | 23,414 | 10,642 | 84% |
| Price | $2.05M | $1.13M | 91% |
| Price per sq ft | $617 | $596 | 58% |
| Built year | 1989 | 1964 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 176 | 2% |
Apr 8, 2026
$2,049,000
$2,349,000
-13% Price Drop
Initial Listing
Mar 7, 2026
$2,349,000
Initial Listing