36 Shannon Court, Novato, CA 94949, Novato, 94949 - 4 bed, 3 bath

36 Shannon Court, Novato, CA 94949 home-pic-0

36 Shannon Court

Novato, CA 94949

ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,566Sq Ft
12,441Lot Size

Property Price

LIST PRICE$1,275,000
EST. MARKET VALUE
$1,325,509
3% BelowMARKET VALUE

SUMMARY

Analysis of 36 Shannon Court, Novato, CA 94949 reveals a Prime Investment Opportunity with a current list price of $1,275,000—significantly undercutting the $1,325,509 Fair Market Value by 3%. This valuation gap indicates a +$50,509 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$1,325,509 +$50,509 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Novato.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
36 Shannon Court
Subject
$1,275,000*
List Price
432,566$517-
A
28 32 Shannon Court
Sold
$1,225,000422,566$4770.0 mi
B
213 Deborah Court
Sold
$1,186,500432,281$5200.7 mi
C
1256 Highland Drive
Sold
$1,550,000432,842$5450.4 mi
D
201 Deborah Court
Sold
$1,305,000432,602$5020.7 mi
E
42 Eagle Drive
Sold
$1,650,000433,096$5330.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property, built in 1978, features a significantly updated kitchen and main bathroom, as evidenced by the modern stainless steel appliances, granite countertops, light wood cabinetry, and contemporary fixtures. The description confirms one unit's kitchen was updated. While the carpet is not new, it appears well-maintained, and the overall interior is clean with fresh paint and modern lighting. Central heating and air conditioning are present. The updates are recent enough (likely within the last 5-15 years) to classify the property as move-in ready with no immediate major renovations required, aligning with a 'Good' condition score.

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 = 12441, living area = 2566.

  • Investment & Owner-Occupant Potential

    This townhome-style duplex offers two side-by-side units, providing an exceptional opportunity for investors or owner-occupants to generate rental income while residing in one unit.

  • Desirable Location & Views

    Tucked away on a quiet cul-de-sac in southern Novato, the property offers privacy, excellent sun exposure, and picturesque views of Big Rock Ridge and the valley, with convenient access to amenities and highways.

CONSRISKS & DEFICIENCIES

  • Age of Property & Potential for Dated Systems

    Built in 1978, the property's age suggests that while well-maintained, some systems or finishes (beyond the updated kitchen in Unit #40) may be original or dated, potentially requiring future capital expenditures.

  • Owner-Paid Water Utility

    The owner is responsible for water payments for both units, which could lead to unrecouped expenses or require careful management of rental pricing to cover this cost.

  • Shared Wall Configuration

    As a townhome-style duplex, the units share common walls, which may not appeal to all buyers seeking a fully detached property, potentially narrowing the buyer pool compared to a traditional detached duplex.

About 36 Shannon Court

This well-maintained townhome-style duplex features two side-by-side units, Unit #40 is a 2bd/1ba w/2 car garage. Unit #36 is a 2bd/1.5ba offering an exceptional opportunity for investors or owner-occupants seeking to live in one unit while generating rental income from the other. Each residence is thoughtfully with a dedicated laundry room on the lower level, tons of extra storage, providing convenience and functionality. The main level of each unit boasts a bright and spacious living room, an open-concept kitchen that seamlessly connects to the living area, two comfortable bedrooms, and a full bathroom. Large windows throughout invite abundant natural light and frame scenic views of the surrounding Big Rock Ridge and valley. Unit #40 was previously an owners unit - the kitchen was updated along with other details. Both units enjoy private outdoor spaces, including peaceful backyards with mature landscaping that create tranquil retreats. Each unit offers sweeping views, a patio and private yard to enhance indoor-outdoor living. Perfect for relaxing or entertaining! Tucked away on a quiet cul-de-sac in desirable southern Novato, the property offers privacy, excellent sun exposure, and picturesque surroundings. Each unit is separately metered for PG&E, with water paid by the owner. Both units are equipped with central heating and air conditioning, ensuring year-round comfort. Ideally located near Ignacio Plaza shopping/restaurants, local schools, the College of Marin's Indian Valley Campus, and with easy access to Highways 101 and 37, this duplex combines comfort, convenience, and strong investment potential in a highly sought-after location!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1978
Lot Size
12,441 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

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.0
50%
Square foot2,5662,388.5
57%
Lot Size12,44110,382.5
70%
Price$1.27M$1.54M
33%
Price per sq ft$497$606
25%
Built year19781975
55%
HOA$0$0
50%
Days on market68163
15%

Pricing History

Listed for Sale

Jan 25, 2026

$1,275,000

$1,325,000

-4% Price Drop

Initial Listing

Price Change

Dec 29, 2025

$1,325,000

Initial Listing

Sold

Aug 15, 2018

$1,250,000

Public Record

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