306 Silvio Lane, Novato, CA 94947, Novato, 94947 - 2 bed, 1 bath
306 Silvio Lane
Novato, CA 94947
Property Price
SUMMARY
Analysis of 306 Silvio Lane, Novato, CA 94947 is currently available with a list price of $550,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1977, the property shows signs of regular maintenance and some custom updates, such as Brazilian Jakoba-style floors, granite counters, and unique mosaic tiles in the bathroom. However, the kitchen cabinets, range hood, and light fixtures are significantly dated. While the stainless steel appliances are a positive, the overall aesthetic of the kitchen and the highly specific, non-neutral style of the bathroom vanity and sink suggest renovations were likely done 15-30 years ago. The carpet also appears worn. The property is functional but requires minor to moderate updates to meet current quality and style standards, aligning with a 'Fair' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Privacy & Permanent Views
As an end-unit condo, it offers enhanced privacy and abundant natural light, complemented by tranquil, unbuildable open space views.
- High-End Interior Finishes
The property boasts Brazilian Jakoba-style floors, gold-flecked Brazilian granite counters, a hand-painted Portuguese tile backsplash, and imported designer mosaic tiles in the bathroom, indicating a high level of aesthetic appeal and quality.
- Community Amenities
Residents benefit from access to desirable community amenities including a pool and hot tub, enhancing the lifestyle offering.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom for two bedrooms, this may present a functional limitation for multiple occupants or when entertaining guests.
- Building Age
Constructed in 1977, despite noted interior upgrades, the underlying building infrastructure may be older, potentially leading to future maintenance considerations not covered by the HOA.
- Monthly Association Fee
The $465 monthly association fee represents a significant recurring cost that impacts the overall affordability and budget for potential buyers.
About 306 Silvio Lane
Welcome to your peaceful end-unit condo in Novato! This condo offers privacy, abundant light, and tranquil views of open space that will never be built on. Thoughtfully maintained this condo features two bedrooms, one bath, and a private deck perfect for morning coffee or evening relaxation. Upgrades include Brazilian Jakoba-style floors, gold-flecked Brazilian granite counters, and hand-painted Portuguese tile backsplash on kitchen walls. The kitchen also includes double stainless sink, stainless refrigerator and stove, and an oak-finish ceiling fan in the dining area that complements the home's warm, natural aesthetic with a hand-painted mural by a notable artist. Enjoy plantation shutters for year-round comfort and a bathroom accented with mosaic tiles featuring imported designer pieces from Italy, Greece, Portugal, and Africa. With two entryways, ample storage, a community pool, hot tub, and 2-car tandem carport (plus guest parking), this serene home offers easy access to shopping, dining, and easy access to Hwy 101 & 37.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1977
- Lot Size
- 3,450 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $465 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 966 | 1,024 | 33% |
| Lot Size | 3,450 | 1,616 | 81% |
| Price | $550.0K | $475.0K | 62% |
| Price per sq ft | $569 | $454 | 95% |
| Built year | 1977 | 1977 | 50% |
| HOA | $465 | $547 | 33% |
| Days on market | 44 | 172 | 14% |
Pricing History
Listed for Sale
Jan 22, 2026
$550,000
Initial Listing
Sold
Feb 11, 2000
$169,500
Public Record