355 Grandview Avenue, Novato, CA 94945, Novato, 94945 - 3 bed, 1 bath
355 Grandview Avenue
Novato, CA 94945
Property Price
SUMMARY
Analysis of 355 Grandview Avenue, Novato, CA 94945 is currently available with a list price of $450,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1935, this property is currently boarded up and potentially red-tagged for violations, indicating it is unlivable in its current state. The listing describes it as a 'project home' sold strictly as-is, with severe condition issues that likely require demolition or a complete structural rebuild, as it does not meet safety standards for occupancy.
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 = 10001, living area = 1915.
- Scenic Views
The property offers impressive views of the bay and surrounding woods, providing a high-value aesthetic foundation for a future luxury residence.
- Significant Equity Potential
Priced at a deep discount for the Novato market, this 1,915 sqft structure presents a major opportunity for investors or developers to realize substantial equity through a total renovation or rebuild.
CONSRISKS & DEFICIENCIES
- Severe Condition and Compliance Issues
The property is currently boarded up and faces potential 'red tag' status with existing violations, requiring a buyer capable of navigating complex city and county remediation processes.
- Financing and Liability Constraints
Sold in strictly 'as-is' condition with all violation costs assumed by the buyer, the property will likely require a cash or hard money purchase as it will not qualify for traditional financing.
About 355 Grandview Avenue
Great project home in Novato, CA. Property has some great views of the bay and woods. Property is boarded up and could be red tagged with violations. Buyers check with City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property. Any violations will be at buyer's expense.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 10,001.38 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Novato Unified Schools
Olive Elementary School
Grades K-5 • 3.1 mi
Sinaloa Middle School
Grades 6-8 • 5.3 mi
San Marin High School
Grades 9-12 • 6.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 1.0 | 3.0 | 11% |
| Square foot | 1,915 | 2,133 | 42% |
| Lot Size | 10,001.38 | 9,901 | 54% |
| Price | $450.0K | $1.08M | 4% |
| Price per sq ft | $235 | $568 | 4% |
| Built year | 1935 | 1974 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 183 | 2% |
Pricing History
Listed for Sale
Feb 23, 2026
$450,000
Initial Listing
Sold
Mar 17, 2005
$645,000
Public Record
Sold
Mar 6, 2003
$505,000
Public Record