190 Drakewood Place, Novato, CA 94947, Novato, 94947 - 5 bed, 4 bath
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Novato, CA 94947
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $1,900,000—positioned well below the $1,976,716 Fair Market Value by 3%. This valuation gap offers $76,716 in Instant Equity for the buyer. Featuring a remodeled kitchen, new hardwood floors, and a sparkling pool with sweeping mountain views, the property maintains an Excellent Condition Rating. This residence offers a refined, maintenance-free lifestyle, making it an ideal acquisition for discerning homeowners or luxury-focused buyers seeking a turnkey property in a private, cul-de-sac setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 190 Drakewood Place Subject | $1,900,000* List Price | 5 | 4 | 3,344 | $591 | - |
A 24 Arroyo Lane Sold | $1,550,000 | 4 | 3 | 2,652 | $584 | 0.7 mi |
B 24 Harding Drive Sold | $1,795,000 List Price | 4 | 3 | 3,292 | 0.6 mi | |
C 59 Terry Circle Pending | $1,725,000 List Price | 5 | 3 | 3,323 | $519 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1976, the property has undergone a substantial high-end renovation within the last 5 years. The kitchen and bathrooms are completely remodeled with modern designer finishes, including premium stainless appliances and contemporary tiling. With new hardwood floors and updated lighting throughout, the home is in mint condition and requires no maintenance.
The property has been substantially updated with new hardwood floors and beautifully remodeled kitchen and bathrooms, offering a contemporary and move-in-ready interior.
Situated on over a quarter-acre, the lot features a sparkling pool, multiple terraces, and decks that maximize the sweeping mountain views and privacy of the cul-de-sac location.
With 3,344 square feet and five bedrooms, the expansive floor plan provides ample space for both large-scale entertaining and comfortable family living.
The listing price of $1.9M represents a sharp increase from its $1.51M sale price in late 2024, which may lead to appraisal challenges or buyer concerns regarding market value.
Despite the aesthetic updates, the 1976 construction date suggests that original core systems or structural elements may require closer inspection compared to newer builds.
Perched on a peaceful cul-de-sac, this stunning 5-bedroom, 3.5-bath property offers sweeping views and an exceptional blend of elegance and comfort. Spacious yet warm and inviting, this substantially updated home features new hardwood floors, beautifully remodeled kitchen and bathrooms, and thoughtfully curated finishes that elevate both style and function. Ideal for entertaining, the expansive floor plan includes a large kitchen, generous living and family rooms, and two fireplaces. Outdoor living is equally impressive, with multiple terraces, patios, decks, mature landscaping, and a sparkling pool set on over a quarter-acre lot. A rare opportunity to enjoy beautiful scenery, privacy, and refined living in one of Novato's most desirable settings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 86% |
| Baths | 4.0 | 3.0 | 89% |
| Square foot | 3,344 | 2,061 | 89% |
| Lot Size | 12,375 | 11,243 | 56% |
| Price | $1.90M | $1.17M | 89% |
| Price per sq ft | $568 | $589 | 44% |
| Built year | 1976 | 1966 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 152 | 3% |
May 26, 2026
$1,900,000
Initial Listing
Sep 9, 2024
$1,510,000
Public Record
Apr 6, 2018
$1,375,000
Public Record