130 Chesapeake Lane, Novato, CA 94949, Novato, 94949 - 4 bed, 5 bath
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Novato, CA 94949
This Versatile Multi-Generational Residence is a Strong Value Opportunity, listed at $1,495,000—positioned well below the $1,569,576 Fair Market Value by 4%. This valuation gap offers $74,576 in Instant Equity for the buyer. The property maintains a Fair Condition Rating with original finishes, providing a canvas for cosmetic updates to drive future appreciation. Featuring a flexible main-floor guest suite and a resort-inspired garden, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, well-located Novato property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 130 Chesapeake Lane Subject | $1,395,000* List Price | 4 | 5 | 3,126 | $452 | - |
A 26 Waterbury Lane Pending | $1,475,000 List Price | 4 | 3 | 2,832 | $521 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is now 21 years old, placing it in the 'Fair' category. While exceptionally well-maintained and move-in ready, the kitchen and bathrooms feature original builder-era finishes (granite patterns, tile work, and cabinetry) that are considered dated by current market standards and may require cosmetic updates.
The floor plan features a main-floor guest suite with a flexible adjacent space plus multiple en-suite bedrooms upstairs, making it ideal for multi-generational living or a sophisticated home office setup.
The extended upstairs primary retreat includes a generous walk-in closet and a spa-inspired soaking tub, offering a high-end private sanctuary that exceeds standard market expectations.
The resort-inspired garden with mature wisteria, an elegant arbor, and seasonal blooms provides a sophisticated and tranquil space for entertaining that complements the home's interior scale.
With a lot size of 4,587 square feet for a 3,126 square foot home, the outdoor space is relatively small, which may be a drawback for buyers seeking a large yard or significant privacy.
The property's convenient proximity to Highway 101 may result in persistent ambient traffic noise, potentially impacting the tranquility of the outdoor garden areas.
New Price! Welcome to an exceptional residence defined by light, scale, and refined design. This 4-bedroom, 4.5-bath home offers an expansive layout, highlighted by an extended upstairs primary suite featuring a generous walk-in closet and a spa-inspired soaking tub. A versatile loft or study and two additional en-suite bedrooms complete the upper level. On the main floor, a private guest suite with a full bath is complemented by a flexible adjacent space ideal for a home office, au pair, or in-law accommodations. The chef's kitchen is thoughtfully appointed for elevated entertaining, seamlessly connecting to a formal dining room, butler's pantry, and inviting family room. Step outside to a tranquil, resort-inspired garden where mature wisteria cascades over an elegant arbor, surrounded by curated succulents and seasonal blooms. This serene outdoor setting is perfect for both quiet mornings and sophisticated evening gatherings. Additional features include a two-car garage with an extra refrigerator and generous storage. Ideally located with convenient access to Highway 101, premier shopping, and local amenities, this home offers an effortless blend of luxury and everyday convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 5.0 | 3.0 | 92% |
| Square foot | 3,126 | 2,263 | 88% |
| Lot Size | 4,587 | 9,919 | 16% |
| Price | $1.40M | $1.45M | 44% |
| Price per sq ft | $446 | $624 | 12% |
| Built year | 2003 | 1970 | 76% |
| HOA | $49 | $0 | 68% |
| Days on market | 29 | 148 | 4% |
Jun 3, 2026
$1,395,000
$1,495,000
-7% Price Drop
Initial Listing
May 8, 2026
$1,495,000
Initial Listing
Jun 11, 2018
$1,110,000
Public Record
Feb 23, 2005
$897,000
Public Record