
Novato, CA 94947
This Nicely Updated Turnkey Condominium is listed at $480,000, representing a stable acquisition price closely aligned with its $478,069 Fair Market Value. Boasting a Condition Rating of 3, the interior features newly installed vinyl plank flooring, plush carpeting, and modernized systems including central HVAC and an updated electrical panel. Residents enjoy a serene lifestyle with forested redwood views and access to a community pool and spa. Located near Indian Valley hiking trails and Highway 101, this home is perfectly suited for first-time buyers or downsizers seeking a low-maintenance retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 121 Cheda Lane Subject | $480,000* List Price | 2 | 1 | 990 | $483 | - |
A 121 Cheda Lane Sold | $550,000 | 2 | 1 | 990 | $556 | 0.0 mi |
B 323 Silvio Lane Sold | $460,000 | 2 | 1 | 903 | $509 | 0.1 mi |
C 314 Silvio Lane Sold | $455,000 | 2 | 1 | 903 | $504 | 0.1 mi |
D 72 Plumas Circle A Sold | $380,000 | 2 | 1 | 861 | $441 | 0.3 mi |
E 65 Scottsdale Way Sold | $513,000 | 2 | 2 | 1,118 | $459 | 0.7 mi |
F 305 Silvio Lane Active | $499,000 List Price | 2 | 1 | 990 | $504 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant recent interior updates. It features newly installed vinyl plank flooring and plush carpeting, an updated kitchen with stone countertops and stainless steel appliances, and modernized systems including central HVAC and an updated electrical panel. While the building dates to 1977, the interior has been well-maintained and refreshed to meet modern standards, though some elements like the mirrored closet trims reflect an older style.
The home features newly installed vinyl plank flooring, plush carpeting, and an updated sub-electrical panel, offering a move-in-ready experience for buyers.
Nestled on a quiet cul-de-sac in Southern Novato, the property provides a serene atmosphere with redwood views and immediate access to Indian Valley hiking trails and Highway 101.
The unit includes rare amenities for this price point, such as central heating and air conditioning, an in-unit washer and dryer, and three private storage closets.
The property was recently sold within the past year on 2025-10-21. The sold price is $550,000.00.
With only one bathroom serving two bedrooms, the layout may present a challenge for households with multiple occupants or those who frequently host guests.
The $475 monthly association fee adds a significant recurring cost to the monthly budget, which may impact the overall affordability for first-time buyers.
Welcome to this nicely updated home in the desirable Cheda Acres community of Southern Novato. Nestled on a quiet cul-de-sac surrounded by redwood trees and rolling hills, this inviting 2-bedroom, 1-bath residence offers privacy, comfort, and easy access to Highway 101. This unit features an updated electrical panel, its own washer and dryer, and central heating and air conditioning for year-round comfort. The open-concept kitchen, dining, and living area has natural light and seamlessly connects to the patio. Newly installed vinyl plank flooring on the lower level adds a fresh, modern touch, while plush, newly installed carpeting upstairs creates a warm retreat. Most windows provide views of the surrounding redwoods, enhancing the peaceful indoor-outdoor connection. The property includes a private, gated front patio, providing outdoor living space. Residents have a shared covered carport that includes three large storage closets for seasonal items. Guest parking is conveniently located nearby. Additionally, residents of Cheda Acres enjoy access to a community pool and spa. This home is ideally situated for those who enjoy the outdoors, with convenient access to Indian Valley hiking trails and open spaces. Shopping and dining are just minutes away at the Vintage Oaks Shopping Center, and nearby amenities include Sutter Health facilities, Novato Community Hospital, and public transportation options for commuters. Ideal for first-time buyers, downsizers, or investors seeking a low-maintenance property in a peaceful Marin County setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 47% |
| Square foot | 990 | 985 | 53% |
| Lot Size | 3,450 | 1,542 | 76% |
| Price | $480.0K | $455.0K | 59% |
| Price per sq ft | $485 | $454 | 76% |
| Built year | 1977 | 1977 | 50% |
| HOA | $475 | $525 | 41% |
| Days on market | 8 | 175 | 6% |
Apr 14, 2026
$480,000
Initial Listing
Oct 21, 2025
$550,000
Public Record
Jul 17, 2019
$510,000
Public Record
Dec 12, 2008
$229,500
Public Record
Mar 16, 2007
$415,000
Public Record
Nov 17, 2004
$395,000
Public Record
Aug 6, 2003
$320,000
Public Record