202 Mariner Way, Novato, CA 94945, Novato, 94945 - 1 bed, 1 bath
202 Mariner Way
Novato, CA 94945
Property Price
SUMMARY
Analysis of 202 Mariner Way, Novato, CA 94945 is currently available with a list price of $329,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent updates including luxury vinyl plank (LVP) flooring, stone countertops, a new refrigerator, and a new HVAC system. Although the unit was built in 1989, these modern interior finishes and system upgrades elevate it above the 'fair' category, though it falls short of 'excellent' as it is not a brand-new construction or a total top-to-bottom renovation of the entire structure.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Upgrades
The unit features contemporary finishes including stone countertops, luxury vinyl plank flooring, a new refrigerator, and a recently installed HVAC system, ensuring immediate move-in readiness.
- Comprehensive Community Amenities
Residents benefit from an extensive suite of amenities including a pool, hot tub, sauna, and exercise room, along with the convenience of in-unit laundry hook-ups and designated storage.
- Prime Commuter Location
Situated with easy access to Highway 101, the property offers a strategic location just 45 minutes from San Francisco and close proximity to Wine Country and coastal beaches.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
At $585 per month, the association fees represent a significant recurring cost that may impact the overall affordability and debt-to-income ratio for some buyers.
- Compact Living Area
With only 624 square feet of living space, the floor plan is relatively small, which may feel restrictive for those requiring extra storage or a dedicated workspace.
About 202 Mariner Way
This cute and conveniently located second floor unit with no one below offers modern comfort and stylish finishes throughout in a great complex. The open concept living space is filled with natural light and a cozy ambiance. Kitchen features stone countertops, new refrigerator and updated range. LVP flooring, a working fireplace and new HVAC system. 1 assigned carport space plus guest parking. Laundry hook-ups in unit. Designated storage near carport. HOA Dues of $585/mo cover pool, hottub, clubhouse, sauna, exercise room, water, garbage and grounds maintenance. 45 mins to SF, with easy access to 101, the Wine Country, coastal beaches and all the beauty that Marin has to offer for an amazing price!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 623 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $585 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 38% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 624 | 876 | 50% |
| Lot Size | 623 | 1,289.5 | 38% |
| Price | $329.0K | $555.0K | 25% |
| Price per sq ft | $527 | $516 | 50% |
| Built year | 1989 | 1989 | 50% |
| HOA | $585 | $585 | 50% |
| Days on market | 9 | 161 | 13% |
Pricing History
Listed for Sale
Feb 26, 2026
$329,000
Initial Listing