
Novato, CA 94949
This Spacious View Property represents a High-Potential Investment Opportunity, listed at $1,639,000—positioned well above the $1,427,961 Fair Market Value by 14%. While the list price exceeds current market estimates, the property offers significant upside through its 2,671 square foot floor plan and expansive hill views. With a Condition Rating of 4, the dated bathrooms provide a clear path for value-add renovations. This home is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to personalize a well-located, view-oriented residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1218 Highland Drive Subject | $1,499,000* List Price | 3 | 3 | 2,671 | $531 | - |
A 240 Marin Oaks Drive Sold | $1,200,000 | 4 | 2 | 1,850 | $649 | 0.4 mi |
B 1158 Highland Drive Pending | $1,750,000 List Price | 4 | 3 | 2,608 | $671 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the property exceeds the 20-year threshold for 'Good' without a full renovation. While the interior shows well with modern paint, recessed lighting, and updated hardwood flooring, the listing explicitly states the bathrooms are dated and need improvement. The home is well-maintained and move-in ready but requires updates to major systems and wet areas to meet higher condition ratings.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12807, living area = 2671.
The property's elevated position and multiple view-facing decks provide stunning outlooks and a seamless indoor-outdoor flow from nearly every major room.
Spanning 2,671 square feet, the home features an open-concept main level and a primary suite with a versatile adjoining office or retreat space.
The bathrooms are currently dated, suggesting that the next owner will likely need to invest in renovations to modernize the home's aesthetic.
While the lot is over 12,000 square feet, much of the land is downslope and less practical for traditional backyard activities or gardening.
Framed by elevated views and a strong sense of privacy, 1218 Highland Dr offers generous scale, multiple outdoor living spaces, and a flexible 2,671 square foot floor plan, including a bedroom-sized office or nursery adjoining the primary suite. With 3 bedrooms and 2.5 bathrooms, the home is designed to take full advantage of its setting, with expansive views, generous interior proportions, and multiple decks that extend the living experience outdoors. The upper level serves as the main gathering space, where the living room, family room, dining area, and kitchen flow together in an open and comfortable layout. Large windows and glass doors draw in natural light and frame the surrounding views, while the deck off the living and dining areas creates an impressive outdoor extension for relaxing, entertaining, or simply taking in the outlook. The lower level includes all three bedrooms, including a spacious primary suite with its own private deck and the adjoining office or nursery that adds valuable flexibility. One of the secondary bedrooms also opens to a deck, creating another private connection to the outdoors. Set on a 12,806 square foot lot backing to open space, the property offers scale, privacy, and a beautiful view-oriented setting. The backyard presents future potential for a tiered garden, additional deck space, or expanded outdoor entertaining areas, allowing the next owner to further enhance the property over time. With excellent square footage, a flexible floor plan, multiple outdoor spaces, and a beautiful sense of openness, 1218 Highland Dr offers a compelling opportunity in a desirable Novato setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,671 | 2,048.556 |
| Lot Size | 12,807 | 10,147.097 |
| Price | $1.50M | $1.23M |
| Price per sq ft | $561 | $644 |
| Built year | 1988 | 1968 |
| HOA | $0 | $289 |
| Days on market | 106 | 43 |
Aug 5, 2026
$1,499,000
$1,599,000
-6% Price Drop
Initial Listing
Jul 10, 2026
$1,599,000
$1,639,000
-2% Price Drop
Initial Listing
May 26, 2026
$1,639,000
Initial Listing
Sep 27, 2013
$830,000
Public Record
Jan 21, 1999
$470,000
Public Record