189 Escallonia Drive, Novato, CA 94945, Novato, 94945 - 3 bed, 3 bath
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189 Escallonia Drive
Novato, CA 94945
ACTIVE
CONDITION: POOR
3Beds
3Baths
1,612Sq Ft
1,485Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$604,324
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned well below the $604,324 Fair Market Value by 0.88%. This valuation gap offers $5,324 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires a full interior renovation, providing a blank canvas for value-add strategies. With a fully fenced backyard and detached garage, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build sweat equity through strategic updates.
Estimated Market Value
$604,324
Based on Realkey algorithm analyzing recent comparable sales in Novato.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 189 Escallonia Drive Subject | $599,000* List Price | 3 | 3 | 1,612 | $375 | - |
A 7 Rosemary Court Active | $649,000 List Price | 3 | 3 | 1,548 | $419 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1979 and explicitly described as being in 'original condition,' this 45-year-old property has exceeded the 30-year threshold for major systems and finishes without renovation. The listing identifies it as a 'project' and 'ready for updating,' indicating a need for a full rehab of the kitchen, baths, and likely the HVAC/electrical systems to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Private Outdoor Space
As an end-unit with a fully fenced backyard, this property offers a level of privacy and outdoor utility rarely found in townhomes at this price point.
- Value-Add Potential
The home is in original condition, providing a prime opportunity for investors or owner-occupants to customize the space and build significant sweat equity through renovation.
- Functional Layout and Parking
The spacious 1,612 sqft floor plan includes a detached one-car garage plus an additional reserved parking space conveniently located directly in front of the home.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $785 is relatively high, which significantly increases the monthly carrying costs and may impact buyer affordability.
- Dated Interior Condition
Built in 1979 and remaining in original condition, the property requires a comprehensive cosmetic and functional overhaul to meet modern standards.
About 189 Escallonia Drive
Opportunity awaits with this end-unit townhome featuring a fully fenced backyard, offering privacy and outdoor space rarely found at this price point. The home offers 3 spacious bedrooms, 2.5 bathrooms, a detached one-car garage, and an additional reserved parking space conveniently located directly in front of the home. Inside, you'll find a large living room with a cozy fireplace, a separate dining area with an eating nook, and an in-home laundry area for added convenience. While the home is in original condition and ready for updating, it offers an excellent opportunity to customize and add value. Bring your vision and transform this property into the home of your dreams. Ideal for owner-occupants, investors, or anyone looking for a project with great potential.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1979
- Lot Size
- 1,485 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $785 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.8 |
| Square foot | 1,612 | 1,682.6 |
| Lot Size | 1,485 | 1,365 |
| Price | $599.0K | $777.8K |
| Price per sq ft | $372 | $450 |
| Built year | 1979 | 1992 |
| HOA | $785 | $542 |
| Days on market | 63 | 66 |
Pricing History
Listed for Sale
Aug 11, 2026
$599,000
$650,000
-8% Price Drop
Initial Listing
Price Change
Jul 8, 2026
$650,000
Initial Listing
Sold
Aug 14, 2008
$475,000
Public Record