2072 Feliz Road, Novato, CA 94945, Novato, 94945 - 5 bed, 4 bath
Loading property details...
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $1,195,000—positioned well below the $1,248,101 Fair Market Value by 4%. This valuation gap offers $53,101 in Instant Equity for the buyer. Featuring a newly completed 1-bedroom ADU and a Condition Rating of 3, the property provides immediate rental income potential or flexible multi-generational living. With its expansive 11,025 sqft lot and versatile layout, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2072 Feliz Road Subject 5 bd · 4 ba · 2,400 sqft · $520 | $1,195,000* List Price | 5 | 4 | 2,400 | $520 | - |
A 10 San Aleso Court Sold 4 bd · 3 ba · 2,548 sqft · $570 · 0.5 mi | $1,452,750 | 4 | 3 | 2,548 | $570 | 0.5 mi |
B 2142 Feliz Drive Sold 4 bd · 3 ba · 2,000 sqft · $500 · 0.1 mi | $1,000,000 | 4 | 3 | 2,000 | $500 | 0.1 mi |
C 2150 Feliz Drive Sold 3 bd · 3 ba · 2,062 sqft · $630 · 0.2 mi | $1,300,000 | 3 | 3 | 2,062 | $630 | 0.2 mi |
D 1078 Simmons Lane Sold 3 bd · 2 ba · 1,522 sqft · $558 · 0.4 mi | $849,000 | 3 | 2 | 1,522 | $558 | 0.4 mi |
E 48 Clemente Court Sold 4 bd · 2 ba · 1,675 sqft · $620 · 0.2 mi | $1,039,000 | 4 | 2 | 1,675 | $620 | 0.2 mi |
F 165 San Luis Way Sold 3 bd · 2 ba · 1,482 sqft · $624 · 0.2 mi | $925,000 | 3 | 2 | 1,482 | $624 | 0.2 mi |
G 6 La Noche Court Pending 5 bd · 3 ba · 2,332 sqft · $428 · 0.2 mi | $999,000 List Price | 5 | 3 | 2,332 | $428 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the original structure dates to 1954, the property has undergone significant expansion and renovation. The ADU is brand new (recently completed), and the main home features modern updates including LVP flooring and updated cabinetry, making it move-in ready and well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11025, living area = 2400.
The property features a newly completed, fully furnished 1-bedroom ADU with a private entrance, kitchen, and laundry, providing an excellent opportunity for rental income or multi-generational living.
The main residence offers a spacious four-bedroom, three-bathroom single-story floor plan with a separate guest wing, ideal for a home office or extended family privacy.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11025, other record lot size in square feet = 12764. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2400, other record living area = 1568. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
The conversion of the original garage into an ADU leaves the property without traditional covered parking or enclosed garage storage, which may be a drawback for some buyers.
Originally built in 1954, the home may require ongoing maintenance or updates to older systems despite recent expansions and cosmetic improvements like LVP flooring.
Welcome to a spacious single-level property featuring four bedrooms and three full bathrooms in the main residence, plus a separate and furnished one bedroom, one bathroom ADU. The original home was expanded to create the fourth bedroom and an additional full bathroom. The former garage was converted and expanded into a separate one-bedroom, one bathroom and full kitchen ADU with a separate entrance located at the front of the property. The ADU was just recently completed. It comes furnished prepared for your guests or extended family. It offers a private outdoor space and laundry unit which makes it perfect for a potential rental income. The main home offers a bright and welcoming floor plan with an easy flow between the kitchen, dining, and living areas. Warm-toned cabinetry, LVP flooring, and abundant natural light create a comfortable and inviting atmosphere. The kitchen provides ample storage and workspace, making it well suited for everyday meals and entertaining. The bedrooms are comfortably sized, and the three full bathrooms provide excellent flexibility for family, guests and workspace. One of the bedrooms and a bathroom are located at the front of the house and the other three bedrooms are in the back of the property. Large windows and glass doors connect the interior to the generous backyard with several mature trees creating opportunities for outdoor dining, entertaining, gardening, and relaxation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.4 |
| Baths | 4.0 | 2.9 |
| Square foot | 2,400 | 1,976.809 |
| Lot Size | 11,025 | 9,722.521 |
| Price | $1.20M | $1.22M |
| Price per sq ft | $498 | $645 |
| Built year | 1954 | 1967 |
| HOA | $0 | $268 |
| Days on market | 12 | 41 |
Oct 12, 2026
$1,195,000
Initial Listing
Feb 13, 2023
$928,000
Public Record