
Novato, CA 94949
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $599,000—positioned slightly above the $592,738 Fair Market Value. While the price reflects current market stability, the property features an Excellent Condition Rating with significant upgrades, including a new Trane HVAC system and luxury vinyl plank flooring. Backing to open space, this home offers a tranquil lifestyle with modern interior comforts. Due to specific deed restrictions regarding income and owner-occupancy, this property is an ideal acquisition for first-time buyers or owner-occupants seeking a long-term, affordable residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44 March Field Court Subject | $599,000* List Price | 3 | 3 | 1,396 | $425 | - |
A 402 Bolling Circle Sold | $590,000 | 3 | 3 | 1,461 | $404 | 0.2 mi |
B 117 Captain Nurse Circle Sold | $432,289 | 2 | 2 | 1,066 | $406 | 0.2 mi |
C 113 Quail Court Sold | $649,000 | 2 | 2 | 1,273 | $510 | 1.0 mi |
D 84 Captain Nurse Circle Pending | $599,000 List Price | 3 | 3 | 1,396 | $429 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (20 years old), the property is well-maintained and features significant recent upgrades that keep it move-in ready. Key improvements include a new Trane HVAC system, luxury vinyl plank flooring, and a newly renovated floor-to-ceiling walk-in shower in the primary bath. While the kitchen cabinetry and countertops appear original and dated, the addition of stainless steel appliances and new hardware prevents a 'Fair' rating.
Positioned as an end unit on a quiet cul-de-sac backing to scenic open space, this home offers exceptional privacy and a tranquil setting rarely found in condominium living.
The property features high-quality improvements including luxury vinyl plank flooring, a newly remodeled primary walk-in shower, and a premium Trane air conditioning system, ensuring immediate comfort.
With both front and back patios, a spacious 1,396 sq ft layout, and proximity to wetland trails, the home perfectly balances interior living space with access to the outdoors.
Strict buyer income limits and future resale price caps significantly limit the property's potential for market-rate appreciation and narrow the pool of eligible purchasers.
The requirement for the home to be owner-occupied eliminates the possibility of using the property as a traditional rental investment, reducing long-term flexibility for the owner.
Wowsy!!! Superb cul-de-sac location! And that's not all!!!! Just two units side-by-side at this delightful 3BR/2.5BA end unit condo that backs to open space, surrounded by beautiful hills. 1396 sq ft and a plethora of upgrades, including: New floor to ceiling walk in shower in primary bathroom (with new rain shower head, and matching grab bars and new medicine cabinet); Trane Air conditioner; Stainless steel appliances; Luxury vinyl plank floors throughout the main level; stylish cabinet hardware throughout the house; 3.5 inch baseboards on main level; Washer/dryer all in one combo, AND a gas dryer, and more. Enjoy your front and back patios for pleasant summer evenings. Inside laundry, reasonable HOA dues, great commute location and proximity to wetlands trails and fine shopping and dining. It's move-in ready for you. Per recorded deed restriction, buyer's gross annual income cannot exceed: $168,600/yr for 1-person household; $192,800/yr 2-pers; $217,000/yr 3-pers; $241,000/yr 4-pers; $260,300/yr 5-pers. Home must be owner-occupied and future resale amount is restricted.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 75% |
| Baths | 3.0 | 2.0 | 83% |
| Square foot | 1,396 | 1,087.5 | 83% |
| Lot Size | 928 | 949.5 | 50% |
| Price | $599.0K | $525.0K | 75% |
| Price per sq ft | $429 | $469 | 50% |
| Built year | 2004 | 1987 | 67% |
| HOA | $441 | $658 | 25% |
| Days on market | 26 | 207 | 8% |
May 11, 2026
$599,000
Initial Listing
Jan 29, 2015
$386,000
Public Record
May 24, 2007
$415,000
Public Record
Apr 28, 2005
$370,000
Public Record