
Novato, CA 94945
This Spacious Atherton Ranch Residence is a Prime Investment Opportunity, listed at $1,375,000—positioned well below the $1,414,598 Fair Market Value by 2%. This valuation gap provides $39,598 in Instant Equity. Boasting a Condition Rating of 3, the home features a rare main-level primary suite, solar panels, and an EV-ready garage. Adjacent to a neighborhood park with greenbelt views and served by the San Marin High School district, it balances immediate comfort with long-term appreciation potential. This is an ideal acquisition for Owner-Occupants seeking a functional layout or Buy-and-Hold Investors looking for a high-demand asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 214 Ranch Court Subject | $1,375,000* List Price | 4 | 4 | 2,857 | $495 | - |
A 1933 Benton Lane Sold | $1,425,000 | 4 | 3 | 2,746 | $519 | 0.6 mi |
B 109 Pinheiro Circle Sold | $1,530,000 | 5 | 3 | 3,638 | $421 | 0.1 mi |
C 16 Woodleaf Court Sold | $1,440,000 | 4 | 3 | 2,376 | $606 | 0.9 mi |
D 219 Butterfield Drive Sold | $1,215,000 | 3 | 3 | 2,319 | $524 | 0.9 mi |
E 723 Alice Street Active | $1,450,000 List Price | 5 | 3 | 3,678 | $394 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been exceptionally well-maintained since its construction in 2003. While the kitchen and bathrooms feature original finishes—such as honey-toned cabinetry and white tile countertops which are stylistically dated—the home has received significant recent functional and cosmetic updates. These include fresh interior and exterior paint, new carpeting in key areas, solar panels, and an EV-ready garage. The overall quality, combined with the high ceilings and clean presentation, aligns with the 'good' criteria as systems are functional and the home requires no immediate renovation.
Ideally situated at the end of a quiet cul-de-sac and directly adjacent to a neighborhood park, offering enhanced privacy and immediate access to community green space.
The floor plan features a highly sought-after ground-floor primary suite, providing long-term accessibility and a functional layout that is rare for homes of this size.
The property is equipped with solar panels and an EV-ready garage, combined with fresh interior/exterior paint and new carpeting for a truly move-in-ready experience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The 7,601 sqft lot is relatively modest for a nearly 3,000 sqft home, which may limit buyers looking for a large private backyard or extensive gardening opportunities.
While well-maintained, the use of laminate flooring in the main living areas may be perceived as a lower-tier finish for a property at this price point compared to premium hardwood.
Lovely Atherton Ranch home ideally located at the end of a cul-de-sac and near neighborhood park. Great curb appeal as you enter home through the spacious living room and dining rooms with soaring ceilings. Continue through to the great room with a large dine-in kitchen attached to a cozy family room with a gas fireplace and backyard access. Well manicured, low maintenance rear yard is delightful for relaxing or entertaining alike. The kitchen has a convenient center island, lots of storage and great natural light. Primary bedroom suite is located on the main level and is highlighted by a walk-in closet and an ample primary bathroom with a soaking tub, 2 vanities and a walk-in shower. Upstairs features 3 bedrooms (one with an en-suite bathroom) an additional bathroom with dual sinks, a laundry room and the bonus of a large loft or play area. This home is so well proportioned with large living spaces that are warm and inviting. In an incredible location to shops and freeway access and in a great school district. This is a must see property. Additional final touches: Solar, EV in garge, 2-car attached garage, freshly painted inside and out, new carpets in family room and primary bedroom, laminate flooring in other living areas, underground utilities ...
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 4.0 | 3.0 | 91% |
| Square foot | 2,857 | 2,147 | 74% |
| Lot Size | 7,601 | 8,875 | 31% |
| Price | $1.38M | $1.14M | 65% |
| Price per sq ft | $481 | $570 | 24% |
| Built year | 2003 | 1974 | 83% |
| HOA | $96 | $0 | 81% |
| Days on market | 15 | 189 | 2% |
Apr 7, 2026
$1,375,000
Initial Listing
Aug 14, 2019
$1,120,000
Public Record
Dec 1, 2015
$875,000
Public Record