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

40 Green Point Lane
Novato, CA 94945
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40 Green Point Lane Subject | $1,580,000* List Price | 4 | 3 | 3,140 | $499 | - |
A 175 Grandview Avenue Active | $1,345,000 List Price | 3 | 3 | 2,919 | $461 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,140 | 2,140 | 84% |
| Lot Size | 45,599 | 9,901 | 88% |
| Price | $1.58M | $1.12M | 82% |
| Price per sq ft | $503 | $568 | 28% |
| Built year | 1977 | 1976 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 183 | 2% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,580,000
Initial Listing
Sold
May 29, 2019
$1,150,000
Public Record











































































