
Novato, CA 94947
Analysis of 1846 Indian Valley Road, Novato, CA 94947 is currently available with a list price of $2,500,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Novato Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
This 1919 farmhouse has been extensively updated and is in move-in ready condition. The interior features modern wide-plank wood flooring, a renovated kitchen with stainless steel appliances and stone countertops, and updated lighting fixtures throughout. The property also includes a well-maintained barn/ADU and comprehensive equestrian facilities. While the interior finishes are high-quality and modern, the century-old structure and some exterior wood elements show minor age-appropriate character, placing it firmly in the 'good' category rather than 'excellent' which requires a more recent full-scale renovation of all components.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 1740.
This flat one-acre estate is a turnkey horse property featuring front and rear paddocks, three stalls with turnouts, two tack rooms, and convenient access to the nearby Indian Valley Preserve trails.
The classic red barn provides exceptional utility, housing a three-car garage with a mechanical lift, a lower-level studio or gym, and a full legal apartment above for guests or rental income.
Built in 1919, the property may present the typical maintenance challenges and structural considerations associated with a 100-plus-year-old home, despite its modern updates.
At 1,740 square feet, the main residence is relatively small for the $2.5M price point, which may be a limitation for buyers requiring more expansive primary living quarters.
Located in coveted Indian Valley, this gated, flat-acre equestrian estate offers an inviting, updated 1900 farmhouse and a classic red barn designed as an ADU, creating a relaxing retreat. Thoughtfully arranged to accommodate horses, the property includes front and rear paddocks, three stalls with turnouts, two tack rooms, hay storage, and trailer and equipment parking. Garden areas, a greenhouse, and additional sheds add versatility for a hobby-farm lifestyle, including dog runs and a charming henhouse for chickens. The main home features a covered front porch, a spacious living room, skylights, and French doors that open to a patio and pergola, creating an effortless connection between indoor and outdoor living. The backyard feels straight out of a luxury magazine, presenting an elegant backdrop for entertaining with a spa and firepit. The signature barn includes a three-car roll-up garage with high ceilings, a mechanical lift, a separate lower-level room suitable for a studio, office, or gym, and a full apartment above the garage with dormer view windows. Just down the road, the Indian Valley Preserve offers trails for horseback riding, hiking, biking, and walking. Convenient access to downtown Novato and Highway 101. An exceptional opportunity to reside in a peaceful, country-like setting with the flexibility to create a lifestyle that reflects your vision.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,740 | 1,784 | 50% |
| Lot Size | 43,560 | 10,642 | 93% |
| Price | $2.50M | $1.10M | 91% |
| Price per sq ft | $1.4K | $598 | 98% |
| Built year | 1919 | 1964 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 176 | 11% |
Jan 30, 2026
$2,500,000
Initial Listing
Jul 13, 2018
$1,495,000
Public Record
Aug 27, 2004
$1,045,000
Public Record