46 Drakewood Lane, Novato, CA 94947, Novato, 94947 - 3 bed, 2 bath
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Novato, CA 94947
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $998,000—positioned slightly above the $983,850 Fair Market Value. While priced at market, the property maintains a Good Condition Rating with a Modernized Interior featuring a Stylish Kitchen and Luxury Vinyl Plank Flooring. The expansive 11,408 sqft lot provides significant long-term potential for outdoor expansion. Located in the desirable Presidents neighborhood with easy access to Highway 101, this home offers a balanced lifestyle for Owner-Occupants or first-time buyers seeking a move-in ready property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 46 Drakewood Lane Subject | $998,000* List Price | 3 | 2 | 1,280 | $769 | - |
A 20 Plaza Demira Sold | $900,000 | 3 | 2 | 1,092 | $824 | 0.9 mi |
B 1125 Cambridge Street Sold | $1,175,000 | 3 | 2 | 1,495 | $786 | 0.7 mi |
C 613 Rowland Boulevard Pending | $995,000 List Price | 3 | 2 | 1,480 | $672 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was renovated approximately 12 years ago, which fits the 5-15 year renovation window for a 'Good' rating. It features a modern kitchen with stone countertops and stainless steel appliances, updated bathrooms, and very recent cosmetic improvements including new luxury vinyl plank flooring and fresh interior paint, making it fully 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 = 11408, living area = 1280.
The home features fresh interior paint and brand-new luxury vinyl plank flooring throughout, complemented by a stylish kitchen with stone countertops and stainless steel appliances.
Situated on a generous 11,408 sqft lot, the large enclosed backyard offers abundant space for outdoor entertaining, gardening, or potential future expansion.
Although the home is well-maintained, the primary kitchen and bathroom updates are approximately twelve years old, which may soon require further modernization.
At 1,280 square feet, the interior living space is relatively modest for a three-bedroom residence, which may feel restrictive for some buyers.
This sweet Ranch style home is set back from the street for added privacy, the home is approached by an attractive paver driveway leading to the attached two car garage. Tastefully updated approximately twelve years ago, this inviting home features a surprisingly stylish kitchen with white cabinetry, stone countertops, recessed lighting, and stainless steel appliances. Both bathrooms have a feel of luxury and comfort, while fresh interior paint and new luxury vinyl plank flooring create a clean, modern feel throughout. The large enclosed backyard offers abundant potential to create your own outdoor retreat for relaxing, entertaining, and gathering with family and friends. Conveniently located with easy access to Highway 101, schools, downtown and the Vintage Oaks Shopping Center.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 39% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,280 | 1,946 | 13% |
| Lot Size | 11,408 | 10,921 | 55% |
| Price | $998.0K | $1.15M | 45% |
| Price per sq ft | $780 | $589 | 84% |
| Built year | 1965 | 1965 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 158 | 3% |
May 20, 2026
$998,000
Initial Listing