
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 | $1,639,000* List Price | 3 | 3 | 2,671 | $535 | - |
A 28 32 Shannon Court Sold | $1,225,000 | 4 | 2 | 2,566 | $477 | 0.4 mi |
B 201 Deborah Court Sold | $1,305,000 | 4 | 3 | 2,602 | $502 | 0.3 mi |
C 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.
Set on an elevated Novato lot with expansive outlooks, 1218 Highland Dr offers generous scale, flexible living spaces, and multiple view-facing decks. The home features 3 bedrooms, 2.5 bathrooms, and 2,671 square feet across a two-story floor plan designed to take advantage of the setting. The upper level is the heart of the home, with an open-concept layout connecting the living room, family room, dining area, kitchen, and half bath. A large deck off the living and dining area extends the home outdoors and creates an impressive place to relax, gather, or take in the view. The lower level includes all three bedrooms, including a spacious primary suite with its own deck and an adjoining office that works well as a workspace, nursery, sitting area, or private retreat. One of the secondary bedrooms also opens to a deck, adding another quiet connection to the outdoors. Set on a 12,806 square foot lot, the home offers size, views, and flexibility. While much of the lot is downslope and less practical for everyday use, the multiple decks and view-oriented layout create a strong indoor/outdoor feel. The bathrooms are dated and offer room for future improvement, giving the next owner an opportunity to personalize a well-located home with excellent space and outlooks.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,671 | 2,263 | 72% |
| Lot Size | 12,807 | 10,302 | 68% |
| Price | $1.64M | $1.50M | 64% |
| Price per sq ft | $614 | $624 | 40% |
| Built year | 1988 | 1970 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 148 | 4% |
May 26, 2026
$1,639,000
Initial Listing
Sep 27, 2013
$830,000
Public Record
Jan 21, 1999
$470,000
Public Record