
Novato, CA 94947
This Value-Add Residential Asset is a High-Potential Investment Opportunity, listed at $1,275,000—positioned well above the $1,221,101 Fair Market Value by -4%. Featuring a Condition Rating of 4, the home requires modernization, yet offers significant upside through its 12,001 sqft lot and panoramic views. With 4 bedrooms and 2,773 sqft, the property serves as a blank canvas for value-driven renovations. This listing is best suited for Value-Add Investors or Owner-Occupants capable of executing a strategic renovation plan to maximize long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4 Harris Hill Drive Subject | $1,275,000* List Price | 4 | 3 | 2,773 | $440 | - |
A 2094 Center Road Sold | $975,000 | 4 | 2 | 2,337 | $417 | 0.8 mi |
B 35 Pearl Court Pending | $1,595,000 List Price | 4 | 3 | 2,859 | $558 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986 (38 years old), the property is dated and requires modernization. While the kitchen has seen partial updates with granite counters and stainless appliances, the bathrooms remain in original condition with 80s-style tile. The presence of worn carpeting and the listing's description of the home as a 'canvas' for buyers indicate it needs significant cosmetic updates, though it appears functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12001, living area = 2773.
Situated on a private road in the scenic hills of Novato, the property offers breathtaking panoramic views and a natural sense of seclusion and serenity.
With 2,773 square feet of living space and a versatile four-bedroom floor plan, the home provides a spacious and functional layout ideal for growing families.
The home is marketed as a project for buyers to bring their vision, implying that the interior likely requires substantial cosmetic or structural updates to meet modern standards.
The First Look program limits initial negotiations to owner-occupants for the first 30 days, which may deter or delay interested investors and non-primary residence buyers.
Perched on a private rd and scenic hills of Novato, 4 Harris Hills Drive presents a rare opportunity to create the home you've always envisioned all while enjoying breathtaking panoramic views and an abundance of space that is increasingly difficult to find in today's market. This generously sized 4-bedroom, 3-bathroom residence features a versatile, free-flowing floor plan thoughtfully designed to accommodate a growing family, effortless entertaining, and the kind of everyday living that leaves room for lasting memories. Step outside and discover a sprawling backyard brimming with potential whether your vision includes a lush garden retreat, an al fresco dining terrace, or simply a private sanctuary to unwind after a long day. The elevated hillside setting provides a natural sense of seclusion and serenity, making the outdoor space as compelling as what lies within. With solid bones, generous square footage, and a location that speaks for itself, this home is the ideal canvas for buyers eager to invest their personal touch and build meaningful equity. Whether you're dreaming of sleek modern upgrades, bespoke custom finishes, or a seamless indoor-outdoor lifestyle, the possibilities here are as expansive as the views themselves. Opportunities like this don't come along often bring your vision and make it yours. This property is part of a First Look program. It allows owner occupant buyers to have their offers negotiated on day 8 of being listed. Owner occupants are those buyers that will occupy the property as their principal residence within 60 days of closing and will maintain their occupancy for at least 1 year. These buyers are required to sign an Owner Occupant Certification as part of the contract. An investor, trust, vacation or part-time residence, or purchasing for another person will be considered an investor and are not eligible for First Look. Investor offers are negotiated on day 31 of listing.
No exterior & parking available.
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 | 2,773 | 2,061 | 86% |
| Lot Size | 12,001 | 11,243 | 56% |
| Price | $1.27M | $1.17M | 69% |
| Price per sq ft | $460 | $589 | 22% |
| Built year | 1986 | 1966 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 154 | 3% |
May 21, 2026
$1,275,000
Initial Listing
Aug 16, 2022
$1,300,000
Public Record
Sep 22, 2009
$815,000
Public Record