232 San Carlos Way, Novato, CA 94945, Novato, 94945 - 4 bed, 2 bath

232 San Carlos Way, Novato, CA 94945 home-pic-0

232 San Carlos Way

Novato, CA 94945

ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,804Sq Ft
9,601Lot Size

Property Price

LIST PRICE$1,249,000
EST. MARKET VALUE
$1,158,247
7% AboveMARKET VALUE

SUMMARY

Analysis of 232 San Carlos Way, Novato, CA 94945 reveals a property with a current list price of $1,249,000, which is 7% above the estimated $1,158,247 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.

Estimated Market Value

$1,158,247
Based on Realkey algorithm analyzing recent comparable sales in Novato.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
232 San Carlos Way
Subject
$1,249,000*
List Price
421,804$642-
A
2108 Feliz Drive
Sold
$1,300,000432,000$6500.0 mi
B
145 San Carlos Way
Sold
$1,298,000421,740$7460.4 mi
C
334 San Marin Drive
Sold
$975,000421,971$4950.3 mi
D
70 San Carlos Way
Sold
$930,000421,521$6110.6 mi
E
30 Jacinto Way
Sold
$1,262,500422,133$5920.6 mi
F
107 Partridge Drive
Sold
$1,080,000321,776$6080.9 mi
G
440 Estado Way
Active
$1,350,000
List Price
321,989$6790.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features significant modern updates including remodeled bathrooms, hardwood flooring, and vaulted ceilings. While the home was originally built in 1966, the interior finishes have been updated to meet current market expectations, providing a high-quality living environment without the need for immediate renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9601, living area = 1804.

  • Single-Level Versatility

    The desirable single-story layout features four bedrooms and flexible living spaces, making it an ideal fit for a wide range of buyers from growing families to those looking to downsize.

  • Modern Interior Finishes

    This move-in-ready craftsman home boasts high-end updates including vaulted ceilings, hardwood flooring, and remodeled bathrooms that blend classic charm with contemporary comfort.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Vintage Infrastructure

    Originally constructed in 1966, the property may require ongoing maintenance or future updates to underlying systems that were not part of the recent cosmetic renovations.

  • Compact Bedroom Proportions

    With four bedrooms distributed across 1,804 square feet, some individual rooms may feel relatively small compared to newer luxury builds in the same price bracket.

About 232 San Carlos Way

Welcome to your dream home in the heart of Novato! This beautifully updated craftsman residence perfectly balances everyday functionality with exceptional indoor/outdoor living - all on a single level. Four bedrooms, in addition to a formal dining room, living room and eat-in kitchen make this versatile home perfect for growing families, down sizers, or anyone looking for a little more flex space. Vaulted ceilings, hardwood flooring, updated bathrooms, built-in details, and ample natural light make this home feel bright and welcoming, yet cozy and comfortable. There is even room for RV or boat storage for those wanting to keep their toys close and ready to go! Located in the heart of one of Novato's most desirable neighborhoods, this property is set back enough to offer privacy without sacrificing convenience. Lush, thoughtful, mature landscaping adds to the charm of this move-in ready home. Whether you love to entertain or are looking for a peaceful retreat, this property offers a combination of effortless flow, modern finishes, ample privacy, and an abundance of space.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1966
Lot Size
9,601 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Novato Unified Schools

San Ramon Elementary School

Grades K-5 • 0.5 mi

5/10

Pleasant Valley Elementary School

Grades K-5 • 1.2 mi

7/10

Sinaloa Middle School

Grades 6-8 • 0.9 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths2.03.0
46%
Square foot1,8042,133
39%
Lot Size9,6019,858
49%
Price$1.25M$1.12M
58%
Price per sq ft$692$575
81%
Built year19661974
37%
HOA$0$0
50%
Days on market8183
2%

Pricing History

Listed for Sale

Feb 27, 2026

$1,249,000

Initial Listing

Sold

Sep 9, 2021

$1,209,000

Public Record

Sold

Aug 5, 2016

$745,000

Public Record

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