
Novato, CA 94949
This Turnkey Waterfront Sanctuary is listed at $1,975,000, reflecting a premium valuation for its exceptional condition. While priced slightly above the $1,824,531 Fair Market Value, the property offers an Excellent Condition Rating with extensive modern upgrades, including a high-end GE Cafe and Miele kitchen, structural leveling, and a private dock. Situated in the coveted Bel Marin Keys, this home provides a rare lifestyle experience with panoramic lagoon views and a custom covered outdoor living area. It is an ideal acquisition for waterfront lifestyle seekers or discerning homeowners prioritizing move-in readiness.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 129 Caribe Isle Subject 3 bd · 2 ba · 1,824 sqft · $984 | $1,895,000* List Price | 3 | 2 | 1,824 | $984 | - |
A 1028 Bel Marin Keys Boulevard Sold 3 bd · 2 ba · 1,572 sqft · $1,050 · 0.3 mi | $1,650,000 | 3 | 2 | 1,572 | $1,050 | 0.3 mi |
B 196 Caribe Isle Sold 3 bd · 2 ba · 2,101 sqft · $800 · 0.2 mi | $1,680,000 | 3 | 2 | 2,101 | $800 | 0.2 mi |
C 125 Caribe Isle Sold 3 bd · 3 ba · 2,171 sqft · $760 · 0.0 mi | $1,649,000 | 3 | 3 | 2,171 | $760 | 0.0 mi |
D 1172 Bel Marin Keys Boulevard Sold 3 bd · 2 ba · 1,590 sqft · $934 · 0.8 mi | $1,485,000 | 3 | 2 | 1,590 | $934 | 0.8 mi |
E 88 Bahama Reef Sold 4 bd · 2 ba · 1,980 sqft · $843 · 0.8 mi | $1,670,000 | 4 | 2 | 1,980 | $843 | 0.8 mi |
F 61 Bahama Reef Sold 4 bd · 3 ba · 2,342 sqft · $855 · 0.7 mi | $2,003,000 | 4 | 3 | 2,342 | $855 | 0.7 mi |
G 1122 Bel Marin Keys Boulevard Sold 3 bd · 3 ba · 2,440 sqft · $737 · 0.6 mi | $1,799,000 | 3 | 3 | 2,440 | $737 | 0.6 mi |
H 35 Caribe Isle Sold 4 bd · 3 ba · 2,334 sqft · $808 · 0.3 mi | $1,885,000 | 4 | 3 | 2,334 | $808 | 0.3 mi |
I 160 Montego Key Pending 3 bd · 2 ba · 1,725 sqft · $1,099 · 0.3 mi | $1,895,000 List Price | 3 | 2 | 1,725 | $1,099 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1964, the property has undergone an extensive top-to-bottom renovation within the last few years. All major systems including HVAC, electrical, plumbing, roofing, and sewer have been updated. The interior features a high-end kitchen with GE Cafe and Miele appliances, modern updated bathrooms, and structural leveling, placing it in mint, move-in condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10559, living area = 1824.
Situated on a quiet no-wake lagoon section, the property features a private dock, travertine patio, and a custom covered outdoor living area, offering an unparalleled indoor-outdoor experience for water enthusiasts.
The home has undergone significant structural and system improvements, including floor leveling, new HVAC with central A/C, updated plumbing and electrical, and a high-end kitchen with GE Cafe and Miele appliances.
The assigned middle school, Hamilton Meadow Park, currently holds a lower rating (4/10), which may be a deterrent for families prioritizing top-tier educational scores.
Despite comprehensive renovations, the 1964 original construction may still possess some inherent architectural limitations or floor plan constraints compared to modern-day custom builds.
Exceptional waterfront living awaits at 129 Caribe Isle, a beautifully maintained and extensively improved single-level home in coveted Bel Marin Keys, where nearly every inch of the property has been thoughtfully considered inside and out. Ideally positioned along a quieter no-wake section of the lagoon, the setting is perfect for kayaking, paddleboarding, swimming, and enjoying life on the water, with the faster boating area just a buoy away. Inside, generous room proportions, abundant natural light, and oversized sliding glass doors create a seamless indoor-outdoor connection. The inviting living room flows directly to an extraordinary waterfront entertaining area, while the spacious primary suite enjoys its own oversized slider and beautiful lagoon views. The well-appointed kitchen features high-end stainless steel appliances, including GE Cafe and Miele, while the easy single-level floor plan offers generously sized bedrooms and updated baths. A two-car garage provides additional everyday functionality. Outside, a substantial travertine patio extends the living space toward the water, complemented by a custom covered outdoor living area with recessed lighting, built-in speakers, and ceiling fan, plus a hot tub, fire pit, water feature, drought-tolerant landscaping, and private dock. From morning coffee to sunset gatherings, the backyard truly functions as an extension of the home. An expansive paver driveway and generous gated side yard offer fenced-in boat or RV parking and additional recreational flexibility. Beyond what meets the eye, extensive improvements include drainage and sewer work, updated plumbing, electrical service, windows, insulation, HVAC system including central A/C and ductwork, roofing, landscaping, hardscape, and more. The home has also been leveled, a significant improvement that contributes to notably level floors throughout. With sunset views, direct lagoon access, and truly move-right-in condition, 129 Caribe Isle offers an exceptional opportunity to immediately embrace the BMK waterfront lifestyle.
No exterior & parking available.
Grades K-8 • 2.1 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,824 | 1,976.809 |
| Lot Size | 10,559 | 9,722.521 |
| Price | $1.90M | $1.22M |
| Price per sq ft | $1.0K | $645 |
| Built year | 1964 | 1967 |
| HOA | $0 | $268 |
| Days on market | 39 | 41 |
Oct 4, 2026
$1,895,000
$1,975,000
-4% Price Drop
Initial Listing
Sep 15, 2026
$1,975,000
Initial Listing
May 6, 2014
$875,000
Public Record
Mar 30, 2010
$460,000
Public Record