40 Green Point Lane, Novato, CA 94945, Novato, 94945 - 4 bed, 3 bath

40 Green Point Lane, Novato, CA 94945 home-pic-0

40 Green Point Lane

Novato, CA 94945

ACTIVE
CONDITION: GOOD
4Beds
3Baths
3,140Sq Ft
45,599Lot Size

Property Price

LIST PRICE$1,580,000
EST. MARKET VALUE
$1,567,021

SUMMARY

Analysis of 40 Green Point Lane, Novato, CA 94945 reveals a Fairly Priced Property with a current list price of $1,580,000  aligned with the estimated $1,567,021 Fair Market Value. This represents a stable investment opportunity at market rate. 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

$1,567,021
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
40 Green Point Lane
Subject
$1,580,000*
List Price
433,140$499-
A
175 Grandview Avenue
Active
$1,345,000
List Price
332,919$4610.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features significant modern updates, including a kitchen with quartz countertops and a luxurious primary bathroom with a spa-like shower and infrared sauna. While originally built in 1977, the home has been extensively renovated and well-maintained, featuring high-end amenities like cathedral ceilings, multiple fireplaces, and a second full kitchen, meeting the criteria for a high-quality, updated residence.

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 = 45599, living area = 3140.

  • Multi-Generational Potential

    The lower level features a full second kitchen, private entrance, and recreation room, providing an ideal setup for guests, extended family, or potential rental income.

  • Expansive Outdoor Amenities

    Set on over an acre, the property offers rare usable outdoor space including a tranquil waterfall, pond, wood-fired oven, and extensive decking designed for entertaining.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 3140, other record living area = 2970. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Property Age

    Built in 1977, the home may require updates to original systems or infrastructure to align with modern energy efficiency and building standards.

  • Terraced Topography

    While the lot is large, the terraced nature of the acreage can present higher landscaping maintenance costs and limited accessibility to certain portions of the hillside.

About 40 Green Point Lane

Welcome to 40 Green Point Lane, located in one of Novato's most distinctive enclaves, where privacy, open space, and breathtaking scenery define everyday living. This extraordinary retreat captures sweeping views across the North Bay's rolling hills to Mount Tamalpais. Set on over an acre of beautifully lush and terraced land, the property offers the rare combination of expansive outdoor space and dramatic natural surroundings. Inside, soaring cathedral-beamed ceilings crown the light-filled living room, anchored by a grand fireplace and walls of glass that draw the outdoors in. The adjacent dining area creates an effortless flow for entertaining. This main level also features two bedrooms and one and a half baths. The open, light-filled kitchen is appointed with quartz countertops and flows seamlessly to the family room with a standing fireplace and direct access to expansive decks and the outdoors, ideal for sunset gatherings, morning coffee, or quiet evenings under the stars. The lower level features the serene and oversized primary suite with a fireplace, huge walk-in closet, private decks leading to the hot tub area, and grounds. Its large spa-like bath features the luxury of two vanities, a large shower positioned to capture the natural setting, an infrared sauna, a closet, and a seating area. A generous secondary living/recreation room with a full second kitchen, small bedroom/office, and a private entrance is perfect for guests, extended family, multi-generational living, or potential income opportunities. Outdoors, a tranquil waterfall and pond create a serene focal point, while a wood-fired oven and expansive entertaining decks invite memorable gatherings. The side yard offers additional usable space rarely found in properties of this nature. An attached three-car garage plus an additional upper street-side oversized parking pad easily accommodates an RV, boat, or multiple vehicles, an exceptional amenity in this setting. With its rare combination of usable acreage, privacy, and close proximity to downtown Novato, this privately tucked-away home enjoys quick access to Highway 37 and 101, and just moments away from shopping, dining, golf, and an easy drive to Wine Country. If you've been waiting for privacy, flexibility, and an unforgettable natural setting, this is it.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1977
Lot Size
45,599 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 foot3,1402,140
84%
Lot Size45,5999,901
88%
Price$1.58M$1.12M
82%
Price per sq ft$503$568
28%
Built year19771976
51%
HOA$0$0
50%
Days on market9183
2%

Pricing History

Listed for Sale

Feb 26, 2026

$1,580,000

Initial Listing

Sold

May 29, 2019

$1,150,000

Public Record

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