116 Posada Del Sol, Novato, CA 94949, Novato, 94949 - 2 bed, 2 bath
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116 Posada Del Sol
Novato, CA 94949
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,128Sq Ft
2,021Lot Size
Property Price
LIST PRICE$549,950
EST. MARKET VALUE
$561,132
SUMMARY
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $549,950—positioned slightly above the $534,792 Fair Market Value. While the list price reflects a premium, the property offers a Condition Rating of 3, featuring a remodeled kitchen and baths. The Dual Primary Suites and three-sided wrap-around private patio provide a unique lifestyle advantage in a quiet, well-maintained community. This home balances low-maintenance living with functional, modern updates, making it an ideal acquisition for first-time buyers or downsizers seeking a turnkey Marin County residence.
Estimated Market Value
$561,132
Based on Realkey algorithm analyzing recent comparable sales in Novato.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 116 Posada Del Sol Subject | $549,950* List Price | 2 | 2 | 1,128 | $497 | - |
A 20 Livingston Court Sold | $495,000 | 3 | 1 | 988 | $501 | 0.4 mi |
B 117 Captain Nurse Circle Sold | $432,289 | 2 | 2 | 1,066 | $406 | 1.0 mi |
C 229 Marin Valley Drive Sold | $480,000 | 2 | 2 | 864 | $556 | 0.9 mi |
D 74 Hector Lane Active | $485,000 List Price | 2 | 1 | 900 | $539 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1985, the property is move-in ready with a kitchen and bathrooms that have been remodeled within the 5-15 year window. The interior features updated flooring, recessed lighting, and a farmhouse sink, while the exterior decking appears well-maintained.
PROSSTRENGTHS & OPPORTUNITIES
- End-Unit Privacy & Outdoor Space
As a rare end-unit featuring a three-sided wrap-around private patio and small yard, this property offers superior privacy and outdoor living potential compared to standard condominiums.
- Dual Primary Suites
The thoughtfully designed floor plan includes two spacious primary suites with remodeled bathrooms, making it an ideal layout for roommates, guests, or a professional home office setup.
- Move-In Ready Condition
The home features a modernized interior with an updated kitchen, remodeled baths, and a cozy fireplace, allowing buyers to move in immediately without the need for costly renovations.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2021, other record lot size in square feet = 609.
- High Association Fees
The monthly HOA fee of $810 is substantial and may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
- Property Age
Built in 1985, the development may face upcoming capital improvement projects or higher maintenance requirements associated with aging infrastructure in older complexes.
About 116 Posada Del Sol
Rare single-level home with three private outdoor areas, fireplace, full-size indoor laundry, and wonderful indoor-outdoor flow. Recent improvements include new glass in both sliding doors, refreshed landscaping with irrigation, repaired fencing, reconstructed brick patio, and a dedicated dog area. HOA improvements to the upper-unit decks are nearing completion. A tremendous amount of care has gone into preparing this home for its next owner. Access: Use the staircase next to the For Sale sign or enter directly through the garage just before the stairs.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 2,021 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $810 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 1.9 |
| Square foot | 1,128 | 1,114.875 |
| Lot Size | 2,021 | 1,238.25 |
| Price | $550.0K | $524.3K |
| Price per sq ft | $488 | $463 |
| Built year | 1985 | 1981 |
| HOA | $810 | $564 |
| Days on market | 62 | 54 |
Pricing History
Listed for Sale
Jul 9, 2026
$549,950
Initial Listing
Sold
Jul 16, 1998
$193,000
Public Record