341 Fairway Drive, Novato, CA 94949, Novato, 94949 - 4 bed, 3 bath
341 Fairway Drive
Novato, CA 94949
Property Price
SUMMARY
Analysis of 341 Fairway Drive, Novato, CA 94949 reveals a Prime Investment Opportunity with a current list price of $2,595,000—significantly undercutting the $2,817,213 Fair Market Value by 7%. This valuation gap indicates a +$222,213 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 341 Fairway Drive Subject | $2,595,000* List Price | 4 | 3 | 2,594 | $1,086 | - |
A 130 Fairway Drive Sold | $2,400,000 | 3 | 2 | 2,230 | $1,076 | 0.6 mi |
B 120 Fairway Drive Sold | $2,400,000 | 3 | 4 | 2,023 | $1,186 | 0.6 mi |
C 517 Fairway Drive Pending | $2,395,000 List Price | 4 | 2 | 2,263 | $1,058 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1971, the property has undergone an extensive, high-end modern renovation within the last 5 years. The interior features a brand-new eco-contemporary kitchen with waterfall countertops and premium appliances, new hardwood flooring, designer lighting, and a modern glass stair rail. The finishes, including smooth drywall and updated systems, meet current luxury standards with no visible deferred maintenance.
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 = 16535, living area = 2594.
- Premier Golf Course Location
Situated in the prestigious Marin Country Club Estates, the property offers stunning fairway views and immediate proximity to the clubhouse, providing easy access to golf, tennis, and resort-style dining.
- High-End Modern Renovations
The home features a sophisticated interior refresh, including an eco-contemporary kitchen with waterfall countertops, designer lighting, and sleek glass railings, offering a move-in-ready luxury experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2594, other record living area = 2177.
- Underwhelming School Ratings
The assigned public schools for this address carry lower ratings, specifically a 2 and 5 for elementary levels, which may be a deterrent for education-focused buyers.
- 1970s Era Infrastructure
While the home has been beautifully updated, the 1971 original construction may still involve older underlying systems such as plumbing or insulation that lack the efficiency of modern builds.
About 341 Fairway Drive
Discover the epitome of luxury living in the highly sought-after community of MARIN COUNTRY CLUB ESTATES. This exceptional single-family home offers an unparalleled lifestyle, blending golf course serenity with premium modern updates and prime location. Spanning 2,594 +/- sq ft (per floor plan measure), on a generous 1/3-acre lot, this 4 bedroom, 3 full-bath residence, plus a versatile office/den provides the perfect space for comfortable family living and flexible use. Step inside to find a beautifully refreshed interior featuring new sleek, eco-contemporary kitchen equipped with high-end appliances, waterfall counter-top, and an inviting layout perfect for gatherings. Gorgeous hardwood floors flow throughout much of the home, complemented by designer lighting, new glass stair rail and smooth drywall finishes. The home's standout location delivers stunning golf course views from multiple vantage points, immersing you in the lush, manicured fairways and rolling greens of the prestigious MARIN COUNTRY CLUB. Enjoy amazing proximity to the clubhouse, making it effortless to access world-class golf, dining, social events, tennis, pickle ball, pools, and the full array of resort-style amenities just a short stroll away. Set on a spacious, private lot in one of Marin's most desirable enclaves, this property combines timeless elegance, recent high-quality updates, and an enviable address that discerning buyers seek for both tranquility and convenience. Live the coveted country club lifestyle where every day feels like a retreat. Located in S. Novato with easy access to the city, wine country, trails, shopping, and highways 101 and 37.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 16,535 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Novato Unified Schools
Loma Verde Elementary School
Grades K-5 • 1.0 mi
Lynwood Elementary School
Grades K-5 • 1.6 mi
Novato High School
Grades 9-12 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,594 | 2,388.5 | 63% |
| Lot Size | 16,535 | 10,382.5 | 85% |
| Price | $2.60M | $1.55M | 98% |
| Price per sq ft | $1.0K | $628 | 93% |
| Built year | 1971 | 1973 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 163 | 3% |
Pricing History
Listed for Sale
Feb 26, 2026
$2,595,000
Initial Listing
Sold
Jun 6, 2016
$1,320,000
Public Record
Sold
Oct 2, 2015
$1,139,000
Public Record
Sold
Jun 16, 2015
$854,000
Public Record