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

36 Shannon Court
Novato, CA 94949
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 36 Shannon Court Subject | $1,275,000* List Price | 4 | 3 | 2,566 | $517 | - |
A 28 32 Shannon Court Sold | $1,225,000 | 4 | 2 | 2,566 | $477 | 0.0 mi |
B 213 Deborah Court Sold | $1,186,500 | 4 | 3 | 2,281 | $520 | 0.7 mi |
C 1256 Highland Drive Sold | $1,550,000 | 4 | 3 | 2,842 | $545 | 0.4 mi |
D 201 Deborah Court Sold | $1,305,000 | 4 | 3 | 2,602 | $502 | 0.7 mi |
E 42 Eagle Drive Sold | $1,650,000 | 4 | 3 | 3,096 | $533 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,566 | 2,388.5 | 57% |
| Lot Size | 12,441 | 10,382.5 | 70% |
| Price | $1.27M | $1.54M | 33% |
| Price per sq ft | $497 | $606 | 25% |
| Built year | 1978 | 1975 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 163 | 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































