172 Pacheco Avenue, Novato, CA 94947, Novato, 94947 - 6 bed, 7 bath
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Novato, CA 94947
This Luxury Indian Valley Estate is a Prime Investment Opportunity, listed at $3,650,000—positioned well below the $3,789,029 Fair Market Value by 3%. This valuation gap offers $139,029 in Instant Equity. The property maintains a Good Condition Rating, featuring soaring 25-foot ceilings, a gourmet chef's kitchen, and a resort-style 50-foot lap pool overlooking a wooded hillside view. With owned solar and ADU/JDU potential on 1.6 acres, it balances architectural scale with long-term versatility. This is an ideal sanctuary for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 172 Pacheco Avenue Subject | $3,650,000* List Price | 6 | 7 | 5,745 | $660 | - |
A 55 Wildwood Lane Active | $2,995,000 List Price | 4 | 5 | 4,176 | $717 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1990-built luxury estate is in move-in ready condition with high-end finishes throughout. The gourmet kitchen features professional-grade Viking appliances and custom cabinetry, and the property includes modern systems such as owned solar and a backup generator. While the architectural style and certain interior finishes like the tile flooring and cabinetry suggest an extensive renovation occurred more than 5 years ago, the home has been meticulously maintained with no signs of deferred maintenance, fitting the 'Good' criteria perfectly.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 70049, living area = 5745.
The property features an exceptional outdoor oasis with a 50-foot lap pool, waterfalls, and a luxury pool house equipped with a sauna and full bath.
With soaring 25-foot ceilings in the formal living room and over 5,700 square feet of living space, the home offers an impressive sense of volume and luxury.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The expansive 1.6-acre lot, mature landscaping, and large-scale water features will require substantial ongoing maintenance and operational costs.
While offering more value than Southern Marin, the Novato location results in a longer commute to San Francisco and core Bay Area employment hubs.
Beautiful & Coveted Indian Valley - This captivating luxury residence is priced half of what it would cost in Southern Marin, and there is no home exactly like this in Southern Marin. It has to be seen. Sits on approx. 1.6 acres. The home boasts six bedrooms & six bathrooms plus a half bath, spanning approximately 5750 square feet. The custom-built estate features a gated entryway, transporting residents & guests to a private oasis. The grand interior showcases soaring 25-foot ceilings in the formal living room, creating a breathtaking atmosphere. The vaulted ceiling in the primary suite adds to the home's sophisticated ambiance.The gourmet chef's kitchen - family room offers everything for the culinary enthusiast, with high end appliances & ample counter space, and space for entertaining. The home media room & multiple work-from-home spaces allow for both entertainment & productivity. Stepping outside, the gorgeous grounds offer a resort-style pool setting, complete with a spectacular 50-foot lap pool, waterfalls, & a custom sculpture of a Roman-Druid water god. The stunning pool house features a sauna, beautiful custom cabinetry & full bath creating a true spa-like experience. Mature landscaping, a turf lawn, fruit trees, & a rose garden contribute to the home's picturesque grounds, making it an entertainer's delight. The property also offers possible ADU & JDU. Owned solar with a huge backup generator!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 98% |
| Baths | 7.0 | 2.0 | 98% |
| Square foot | 5,745 | 1,902 | 96% |
| Lot Size | 70,049 | 10,642 | 95% |
| Price | $3.65M | $1.13M | 98% |
| Price per sq ft | $635 | $596 | 64% |
| Built year | 1990 | 1964 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 176 | 2% |
Mar 24, 2026
$3,650,000
Initial Listing
Nov 3, 1998
$1,294,000
Public Record