
Novato, CA 94947
This Single-Family Residence presents a High-Potential Investment Opportunity with a List Price of $1,049,000—positioned well below the $1,081,517 Fair Market Value by 3%. This valuation gap offers $32,517 in Instant Equity. Featuring a Condition Rating of 3, the home includes recent electrical and flooring upgrades, while offering room for cosmetic modernization. With a 10,001 sqft lot and a private cul-de-sac location, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3 Miranda Court Subject | $980,000* List Price | 3 | 2 | 1,862 | $559 | - |
A 80 Leland Drive Sold | $1,149,000 List Price | 3 | 2 | 1,702 | 0.5 mi | |
B 14 Jefferson Court Sold | $1,227,000 | 3 | 2 | 2,066 | $594 | 1.0 mi |
C 14 St. Paul Circle Sold | $915,000 | 4 | 2 | 1,644 | $557 | 0.7 mi |
D 1459 Donna Street Sold | $939,000 List Price | 5 | 2 | 1,708 | 0.9 mi | |
E 28 Washington Street Pending | $1,075,000 List Price | 3 | 2 | 1,776 | $605 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but well-maintained with significant recent updates including a new electrical panel and flooring throughout. While the bathroom cabinetry and popcorn ceilings are dated, the home is move-in ready and functional, fitting the 5-15 year renovation/maintenance profile.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10001, living area = 1862.
Situated at the end of a quiet cul-de-sac, the property offers superior privacy and safety with minimal through-traffic, while remaining conveniently close to downtown Novato and Hwy 101.
The generous 10,001 sqft lot includes a fully fenced front yard and a serene backyard retreat, providing ample space for al-fresco dining, gardening, and secure outdoor play.
Built in 1979, the home may feature original architectural elements or systems that require further modernization to meet the expectations of buyers seeking a fully contemporary residence.
While flooring and electrical systems have been addressed, the absence of mentioned kitchen or bathroom remodels suggests these high-value areas may still require significant capital investment.
Tucked at the end of a quiet cul-de-sac, this charming single-story home offers the perfect blend of comfort, privacy, and modern updates. Featuring 3 bedrooms and 2 bathrooms, the home has been thoughtfully improved with recent upgrades including a new electrical panel and updated flooring throughout. The inviting layout flows seamlessly to both the front and backyard spaces. A fully fenced front yard adds charm and function, while the serene backyard creates a peaceful retreat ideal for al-fresco dining or effortless entertaining. With its cottage-like ambiance and tranquil setting, this home feels like a private escape while remaining conveniently close to downtown, shopping, transportation, and Hwy 101. Whether you're a first-time buyer, looking to downsize, or seeking a smart investment opportunity, this property checks all the boxes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 39% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,862 | 1,946 | 45% |
| Lot Size | 10,001 | 10,642 | 39% |
| Price | $980.0K | $1.15M | 45% |
| Price per sq ft | $526 | $584 | 32% |
| Built year | 1979 | 1965 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 158 | 3% |
Jun 3, 2026
$980,000
$995,000
-2% Price Drop
Initial Listing
May 20, 2026
$995,000
$1,049,000
-5% Price Drop
Initial Listing
May 6, 2026
$1,049,000
Initial Listing
Sep 22, 2006
$669,000
Public Record