
Novato, CA 94949
This Turnkey Waterfront Residence is a High-Potential Investment Opportunity, listed at $1,799,000—positioned well below the $1,850,163 Fair Market Value by 2%. This valuation gap offers $51,163 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home boasts a modernized kitchen, solar energy system, and panoramic water views. While school ratings vary, the resort-style lifestyle and high-end finishes make this an ideal acquisition for Owner-Occupants or lifestyle-focused buyers seeking a move-in ready sanctuary.
Stunning 4BR waterfront home in Novato, CA. Mint condition with modern kitchen, solar, and panoramic views. Priced below market value for instant equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 35 Caribe Isle Subject | $1,799,000* List Price | 4 | 3 | 2,334 | $793 | - |
A 981 Bel Marin Keys Boulevard Sold | $1,500,000 | 3 | 2 | 2,402 | $624 | 0.2 mi |
B 1066 Bel Marin Keys Boulevard Sold | $2,175,000 | 4 | 3 | 2,474 | $879 | 0.4 mi |
C 86 Calypso Shores Sold | $1,395,000 List Price | 4 | 2 | 1,939 | 0.6 mi | |
D 1153 Bel Marin Keys Boulevard Sold | $1,454,000 List Price | 3 | 3 | 2,113 | 0.7 mi | |
E 61 Bahama Reef Active | $2,195,000 List Price | 4 | 3 | 2,342 | $937 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1987, the property has undergone a high-end renovation within the last 5 years. It features a modern kitchen with quartz countertops and an induction cooktop, updated spa-like bathrooms with contemporary fixtures, new wood flooring, and a solar energy system. The home is in mint, move-in ready condition with no visible maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9361, living area = 2334.
The property offers a premium resort-style experience with direct water access for boating and kayaking, complemented by panoramic views of Mt. Tamalpais and the San Pablo Bay.
Features an updated kitchen with quartz countertops and an induction cooktop, alongside a versatile floor plan that includes a desirable main-level bedroom and full bath.
The assigned middle school has a lower rating of 4/10, which may be a drawback for families prioritizing high-performing educational environments.
Built in 1987, the home may require attention to original systems or structural components that have not been updated to match the modern kitchen renovations.
Experience waterfront living in one of Bel Marin Keys' most sought-after locations. This spacious 4 bedroom, 3 full bath home with a 3 car garage is bathed in natural light and designed for comfortable indoor/outdoor living. Vaulted ceilings and expansive windows fill the living and dining areas with natural sunlight. The versatile floor plan features a bedroom and full bath on the main level, with the remaining bedrooms and the primary suite upstairs. Enjoy panoramic vistas of the water, rolling hills, and Mt. Tamalpais from the living room, family room, kitchen, and primary bedroom. The updated kitchen offers quartz countertops, a large center island, an induction cooktop, and ample space for entertaining. The kitchen and family room opens directly to an expansive deck, creating a seamless connection to the outdoors. The generous primary suite includes a spacious bedroom, spa-like bath, and breathtaking views of both the water and surrounding hills. Additional highlights include beautiful wood flooring, a solar energy system to help reduce utility costs, and access to an exceptional waterfront lifestyle. Residents enjoy boating, kayaking, paddle boarding, tubing, wakeboarding, swimming, and direct access through the neighborhood lock system to the San Pablo Bay. Relax and enjoy spectacular sunsets over Mt. Tamalpais while embracing the best of resort-style waterfront living. Every day feels like a vacation.
No exterior & parking available.
Grades K-8 • 1.8 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,334 | 2,334 | 50% |
| Lot Size | 9,361 | 10,302 | 41% |
| Price | $1.80M | $1.50M | 67% |
| Price per sq ft | $771 | $665 | 70% |
| Built year | 1987 | 1971 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 148 | 4% |
Jun 1, 2026
$1,799,000
Initial Listing
Sep 24, 2012
$760,000
Public Record