440 Calle de la Mesa, Novato, CA 94949, Novato, 94949 - 3 bed, 2 bath
440 Calle de la Mesa
Novato, CA 94949
Property Price
SUMMARY
Analysis of 440 Calle de la Mesa, Novato, CA 94949 reveals a Prime Investment Opportunity with a current list price of $1,085,000—significantly undercutting the $1,166,754 Fair Market Value by 7%. This valuation gap indicates a +$81,754 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 440 Calle de la Mesa Subject | $1,085,000* List Price | 3 | 2 | 1,720 | $678 | - |
A 479 Calle de la Mesa Sold | $1,225,000 | 4 | 2 | 1,720 | $712 | 0.1 mi |
B 540 Marin Oaks Drive Sold | $1,175,000 | 3 | 2 | 1,642 | $716 | 1.0 mi |
C 480 Via Del Plano Sold | $1,100,000 | 3 | 2 | 1,503 | $732 | 0.2 mi |
D 615 Calle Arboleda Sold | $1,070,000 | 3 | 2 | 1,434 | $746 | 0.5 mi |
E 487 Alameda Del Prado Sold | $895,000 | 3 | 2 | 1,167 | $767 | 0.5 mi |
F 920 Calle Paseo Active | $1,200,000 List Price | 3 | 2 | 1,654 | $726 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1958, the property has undergone extensive recent renovations that align with modern quality standards. The home features a fully remodeled kitchen with high-end stainless steel appliances and stone countertops, a brand-new primary suite, and updated bathrooms with contemporary tiling and fixtures. Significant functional upgrades include new dual-pane windows, upgraded electrical systems, new attic insulation, and refinished hardwood flooring throughout, leaving the home in like-new condition with no visible deferred maintenance.
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 = 8268, living area = 1720.
- Prime Location & Walkability
Situated in the highly coveted Loma Verde neighborhood, the home is within easy walking distance to Loma Verde Elementary, Nugget grocery, and local dining, offering exceptional lifestyle convenience.
- Modernized Interior & Upgrades
The property features significant high-value improvements, including a remodeled kitchen, a new primary suite, upgraded electrical systems, and energy-efficient dual-pane windows.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Vintage Infrastructure
Originally built in 1958, the home may still possess some original structural elements or utility components that could require ongoing maintenance despite recent cosmetic and electrical upgrades.
- Lack of Central Cooling
While the home includes ceiling fans and new insulation, the absence of a central air conditioning system may be a drawback during the warmer South Novato summer months.
About 440 Calle de la Mesa
Bright and charming single-level ranch in highly coveted Loma Verde. 440 Calle de la Mesa is centrally located, walking distance to Loma Verde Elementary, Nugget grocery, Marin Coffee Roasters, and multiple dining options. Upgrades abound in this 1,720 sq. ft. 3 bedroom, 2 bath home, including a new primary suite, remodeled kitchen, broad skylights, upgraded electrical, and much more. Awake your inner orchardist with 11 producing trees, including peach, apple, pear, pomegranate, apricot, multiple citrus, and more. Trees have been thoughtfully selected to provide fresh fruit year round. Everything thrives here, with an automated drip system, rich alluvial soil, and south Novato climate. The Arroyo San Jose in back has water year-round and enjoys visits from various wildlife, including river otters! The home has dual pane windows throughout, new attic insulation, and ceiling fans. Call this sanctuary home in time for calm spring evenings, taking in the air by the fire pit, listening to the frogs.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 8,268 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Novato Unified Schools
Loma Verde Elementary School
Grades K-5 • 0.2 mi
Novato High School
Grades 9-12 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 2.0 | 3.0 | 33% |
| Square foot | 1,720 | 2,345 | 20% |
| Lot Size | 8,268 | 10,365 | 28% |
| Price | $1.08M | $1.54M | 18% |
| Price per sq ft | $631 | $620 | 50% |
| Built year | 1958 | 1973 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 163 | 3% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,085,000
Initial Listing
Sold
Jun 6, 2023
$1,250,000
Public Record