
Novato, CA 94949
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,165,000—positioned well below the $1,236,222 Fair Market Value by 5%. This valuation gap offers $71,222 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with modern renovations, a shared boat dock, and unobstructed park views, this home offers a premium lifestyle. It is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or discerning professionals prioritizing privacy and waterfront access.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1137 Bel Marin Keys Boulevard Subject | $1,165,000* List Price | 3 | 3 | 2,201 | $562 | - |
A 41 Montego Key Sold | $1,125,000 | 4 | 3 | 2,116 | $532 | 0.8 mi |
B 981 Bel Marin Keys Boulevard Sold | $1,500,000 | 3 | 2 | 2,402 | $624 | 0.6 mi |
C 133 Montego Key Pending | $1,195,000 List Price | 4 | 3 | 2,157 | $554 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1980, the property has undergone extensive recent renovations that place it in mint condition. The listing highlights a newer roof, engineered wood flooring, and 'beautifully remodeled' bathrooms. Visual evidence of the bathrooms and living spaces shows modern fixtures, contemporary finishes, and a high level of maintenance consistent with a renovation completed within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9919, living area = 2201.
The property backs directly onto a 4.2-acre park with no rear neighbors, offering a rare sense of seclusion and sweeping open-space views.
Includes access to a shared boat dock, allowing residents to fully embrace the unique lagoon-front living and recreational activities of Bel Marin Keys.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2201, other record living area = 2113.
The assigned middle school has a rating of 4 out of 10, which may be a concern for families prioritizing high-performing educational districts.
As a waterfront community property built in 1980, buyers should factor in potential costs for specialized flood insurance and long-term lagoon-related maintenance.
Set against a backdrop of open space and sweeping views, 1137 Bel Marin Keys Boulevard offers a rare sense of privacy in one of Novato's most desired communities. Beautifully updated throughout, this contemporary home backs directly to a 4.2-acre park with access to a shared boat dock, creating an exceptional setting for relaxed California living. Inside, light-filled spaces and an easy, open layout are designed to connect seamlessly with the outdoors. The spacious living room is anchored by a fireplace, while French doors invite you outside to the expansive backyard. Just beyond, the dining area and stylish wet bar create a natural gathering place for everything from casual evenings to larger celebrations. The kitchen serves as the heart of the home, opening to a comfortable family room and an impressive deck that stretches across the rear of the property. With far-reaching views and abundant space for lounging, dining, and entertaining, this outdoor setting feels like an extension of the living space and provides a front-row seat to the surrounding natural beauty. The generous primary suite is a peaceful retreat featuring an updated bathroom and two spacious closets. Upstairs, two additional oversized bedrooms share a beautifully remodeled bathroom, offering plenty of room for family, guests, or flexible work-from-home space. Outside, the expansive backyard provides room to play, garden, entertain, or simply unwind. With no homes directly behind you, the neighboring park creates an incredible sense of openness, while the shared boat dock offers an opportunity to embrace the unique waterfront lifestyle that makes Bel Marin Keys so special. Additional features include engineered wood flooring, a newer roof, interior laundry, abundant parking, and an attached two-car garage. Conveniently located near shopping, Highway 101, and the best of both Marin and Sonoma Counties, 1137 Bel Marin Keys Boulevard offers a special combination of space, scenery, privacy, and lifestyle all in an unforgettable setting.
No exterior & parking available.
Grades K-8 • 2.4 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,201 | 2,048.556 |
| Lot Size | 9,919 | 10,147.097 |
| Price | $1.17M | $1.23M |
| Price per sq ft | $529 | $644 |
| Built year | 1980 | 1968 |
| HOA | $105 | $289 |
| Days on market | 15 | 43 |
Aug 25, 2026
$1,165,000
Initial Listing
May 6, 2020
$895,000
Public Record