
Novato, CA 94947
This Condominium is a Strong Value Opportunity, listed at $419,000—positioned well below the $442,027 Fair Market Value by 5%. This valuation gap offers $23,027 in Instant Equity for the buyer. The property maintains a Good Condition Rating and features a private balcony with scenic hill views, a community pool, and a central location near top-rated schools like Novato High. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready, amenity-rich residence in Marin County.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1540 Center Road #388 Subject | $399,000* List Price | 2 | 1 | 980 | $438 | - |
A 864 Tamalpais Avenue #A Sold | $405,000 | 2 | 1 | 832 | $487 | 0.5 mi |
B 1540 Center Road 270 Active | $427,200 List Price | 2 | 1 | 980 | $436 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1975, the property is well-maintained and move-in ready. The kitchen features updated stainless steel appliances, and the interior shows clean, functional finishes. While the overall aesthetic is somewhat dated, it lacks visible maintenance issues, placing it in the 'Good' category for its age and renovation status.
Situated on the building's uppermost level, this unit offers quiet living, treetop privacy, and a private balcony with scenic views of Marin's rolling hills.
The property is ideally located near Highway 101, the SMART train, and major shopping centers, offering excellent convenience for commuters and residents.
Residents benefit from a suite of amenities including elevator access, a community pool, gated garage parking, and additional storage, providing high value for the price point.
The $522 monthly association fee represents a significant recurring expense that may impact the affordability for budget-conscious buyers.
The lack of in-unit laundry hookups requires residents to use communal facilities, which is often considered a disadvantage in modern condominium living.
Rare top-floor two bedroom at Center Place, and one of the few units in the community with air conditioning, available only on the third floor. No neighbors overhead, generous natural light, and a private balcony with treetop and hillside views. The open living and dining area flows out to the balcony, and both bedrooms offer good closet space and quiet separation. Community amenities include elevator access, a sparkling pool, gated garage parking with assigned space, a separate storage closet, and on-site laundry plus 3rd floor laundry. HOA dues include water and trash. Just off S. Novato Blvd near Tresch Plaza and Nave Shopping Center, minutes to Highway 101, the SMART train, and downtown Grant Avenue, with Mt. Burdell, Indian Valley, and Stafford Lake trails close by. One of Marin's most attainable entry points and a strong investment option, as owner-occupancy is not currently required.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 1.0 | 1.9 |
| Square foot | 980 | 1,114.875 |
| Lot Size | 1,119 | 1,238.25 |
| Price | $399.0K | $524.3K |
| Price per sq ft | $407 | $463 |
| Built year | 1975 | 1981 |
| HOA | $522 | $564 |
| Days on market | 36 | 54 |
Sep 8, 2026
$399,000
$419,000
-5% Price Drop
Initial Listing
Aug 4, 2026
$419,000
Initial Listing
Feb 25, 2000
$148,000
Public Record