133 Montego Key, Novato, CA 94949, Novato, 94949 - 3 bed, 3 bath
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Novato, CA 94949
This Waterfront Turn-key Residence is a Strong Value Opportunity, listed at $1,349,000—positioned well below the $1,407,044 Fair Market Value by 4%. This valuation gap provides $58,044 in Instant Equity for buyers. Boasting a Move-in Ready Condition, the home features a high-end chef's kitchen with Wolf appliances and a private 33-foot dock on Novato Creek. With owned solar panels and energy-efficient upgrades, this property balances luxury with long-term sustainability. It is an ideal acquisition for Owner-Occupants seeking a premier aquatic lifestyle or Lifestyle-Driven Buyers looking for immediate value in Bel Marin Keys.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 133 Montego Key Subject | $1,349,000* List Price | 3 | 3 | 1,835 | $767 | - |
A 1153 Bel Marin Keys Boulevard Sold | $1,454,000 List Price | 3 | 3 | 2,113 | 0.9 mi | |
B 20 Montego Key Sold | $1,549,000 | 4 | 3 | 1,952 | $794 | 0.3 mi |
C 228 Montego Key Sold | $1,595,000 | 4 | 3 | 1,906 | $837 | 0.3 mi |
D 196 Caribe Isle Sold | $1,600,000 | 3 | 2 | 2,050 | $780 | 0.3 mi |
E 86 Calypso Shores Sold | $1,395,000 List Price | 4 | 2 | 1,939 | 0.6 mi | |
F 45 Del Oro Lagoon Drive Pending | $1,595,000 List Price | 3 | 2 | 1,936 | $824 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This property is in move-in ready, turn-key condition with extensive high-end updates. The chef's kitchen features premium Wolf and smart appliances, granite countertops, and custom cabinetry. All three bathrooms have been updated with heated floors. Major systems are in excellent shape, including a newer roof (2018), a fully owned 21-panel solar system, and high-quality Anderson windows. While the home is well-maintained and modernized, the presence of some older architectural elements, such as popcorn ceilings in the living areas, prevents it from reaching the 'excellent' rating reserved for full-scale recent renovations or new builds.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10663, living area = 1835.
The property features a private 33-foot dock on Novato Creek with direct bay access and backs onto scenic open space, offering a rare blend of privacy and recreational utility.
The gourmet kitchen is equipped with premium Wolf and smart appliances, granite countertops, and a 7-foot baker's butcher block, making it a standout feature for culinary enthusiasts.
Originally built in 1963, the home may require ongoing vigilance regarding the maintenance of older structural elements common in waterfront environments despite recent cosmetic updates.
The assigned middle school has a lower rating (4/10), which could be a deterrent for families specifically seeking top-tier academic performance metrics in their home search.
Enjoy single level living in one of Marin County's most sought-after waterfront communities! This newly updated, turn-key home has a lot to offer with 3 large bedrooms (one with private entrance) and 3 full baths, all with heated floors. Primary bath has door to backyard and garden, looking out to open space. The chef's kitchen opens to dining room and includes a peek-a-boo window looking into living room, a smart oven, island with Wolf range prep sink and seating for 4. All stainless steel appliances & granite countertops plus a 7' baker's butcher block counter, all with custom cabinets. Office/den/nursery off kitchen as well as cold room for wine storage or use as an additional pantry. Large dining room with seating for 12 looks out to backyard for sunset views. Plenty of natural light thanks to large Anderson windows and custom blinds as well as low E skylights and light tubes with shade screens. New roof in 2018 with a 21 panel (fully owned) Solar system, heat pump and A/C. 2 car garage with built-in cabinets, work bench and attic storage. Backyard is artfully landscaped with a redwood deck & Idaho quartz patio. Gas connections ready for outdoor kitchen and fire pit, plus teak furniture, fenced-in raised vegetable garden, and multiple fruit trees (tangerine, lemon, fig, persimmon, apricot, artichoke); all with a private 33'dock on Novato Creek, giving unlimited access to the bay and backing up to open space for plenty of light and privacy. Kayak is included! Montego Park is just 5 houses away on same side of street...It offers pickleball, bocce ball, a playground for kids, freestanding bbq's and a big lawn for flying kites or exercising Fido.
No exterior & parking available.
Grades K-8 • 2.4 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,835 | 2,263 | 21% |
| Lot Size | 10,663 | 10,354 | 62% |
| Price | $1.35M | $1.45M | 45% |
| Price per sq ft | $735 | $624 | 66% |
| Built year | 1963 | 1971 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 72 | 181 | 15% |
Mar 11, 2026
$1,349,000
$1,395,000
-3% Price Drop
Initial Listing
Feb 9, 2026
$1,395,000
Initial Listing
Jun 16, 2004
$700,000
Public Record