230 Pelican Lane, Novato, CA 94949, Novato, 94949 - 3 bed, 3 bath
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Novato, CA 94949
This Updated Pacheco Valley Townhome is a Strong Value Opportunity, listed at $689,000—positioned well below the $766,342 Fair Market Value by 10%. This valuation gap provides $77,342 in Instant Equity for incoming buyers. The property maintains a Move-In Ready Condition featuring Luxury Vinyl Plank Flooring, Stainless Steel Appliances, and tranquil Forested Greenbelt Views from multiple private decks. Residents benefit from proximity to Loma Verde Elementary and community pool access. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking immediate value in Marin County.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 230 Pelican Lane Subject | $639,000* List Price | 3 | 3 | 1,731 | $394 | - |
A 178 Pelican Lane Active | $737,000 List Price | 2 | 3 | 1,674 | $440 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent cosmetic updates, including new luxury vinyl plank flooring, fresh interior paint, and updated stainless steel kitchen appliances. While the 1989 build is still evident in some original elements such as the painted kitchen cabinetry, fluorescent light boxes, and laundry room flooring, the home is well-maintained with no immediate repairs required, fitting the criteria for a high-quality, updated older home.
The home features contemporary upgrades including new luxury vinyl plank flooring, a refreshed kitchen with stainless steel appliances, and a cozy wood-burning fireplace.
Multiple private decks offer tranquil greenbelt views and seamless indoor-outdoor flow, perfectly capturing the peaceful Pacheco Valley lifestyle.
At 1,731 square feet, the layout provides ample space including a primary suite with a private deck and a flexible finished bonus room upstairs.
The monthly HOA fee of $814 is substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers.
The property is distributed across three levels, which may be less desirable for those seeking accessibility or a more traditional single-story flow.
Now $639,000 best value in Pacheco Valley! Updated 3BD/2.5BA townhome tucked among the trees with multiple private decks and serene greenbelt views. Light-filled living room with fireplace, new luxury vinyl plank flooring, and a refreshed kitchen with stainless appliances and great flow for everyday living. Flexible space upstairs plus an attached garage add to the appeal. Community pool and miles of scenic trails just outside your door. HOA is stable and well-positioned moving forward. Incredible opportunity to own space, privacy, and lifestyle in Marin at a newly improved price come take a fresh look!
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 9-12 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 65% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 1,731 | 1,084 | 85% |
| Lot Size | 1,729 | 893 | 95% |
| Price | $639.0K | $482.5K | 85% |
| Price per sq ft | $369 | $486 | 30% |
| Built year | 1989 | 1986 | 70% |
| HOA | $814 | $597 | 90% |
| Days on market | 40 | 213 | 5% |
Apr 16, 2026
$639,000
$689,000
-7% Price Drop
Initial Listing
Mar 13, 2026
$689,000
Initial Listing
Oct 28, 1994
$220,000
Public Record