46 Waterbury Lane, Novato, CA 94949, Novato, 94949 - 4 bed, 3 bath

46 Waterbury Lane, Novato, CA 94949 home-pic-0

46 Waterbury Lane

Novato, CA 94949

ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,832Sq Ft
5,963.36Lot Size

Property Price

LIST PRICE$1,549,000
EST. MARKET VALUE
$1,525,281

SUMMARY

Analysis of 46 Waterbury Lane, Novato, CA 94949 reveals a Fairly Priced Property with a current list price of $1,549,000  aligned with the estimated $1,525,281 Fair Market Value. This represents a stable investment opportunity at market rate. 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

$1,525,281
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
46 Waterbury Lane
Subject
$1,549,000*
List Price
432,832$539-
A
10 Audubon Way
Sold
$1,750,000433,109$5630.7 mi
B
19 Sunny Cove Drive
Sold
$1,400,000432,832$4940.0 mi
C
24 Sunny Cove Drive
Sold
$1,438,000542,568$5600.0 mi
D
28 Presidio Drive
Sold
$1,575,000533,380$4660.9 mi
E
35 Moore Road
Sold
$1,525,000533,387$4500.9 mi
F
44 Brookline Drive
Active
$1,549,777
List Price
443,110$4980.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2000, this home has undergone extensive recent renovations, including a newly painted interior, repainted and upgraded cabinetry, newer kitchen countertops and backsplash, new stainless steel KitchenAid appliances, new light fixtures, and an upgraded powder bathroom. The property presents as virtually new and move-in ready, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating. The visible AC unit also addresses a listed weakness.

PROSSTRENGTHS & OPPORTUNITIES

  • Extensive Modern Upgrades & Move-in Ready

    The property has undergone a comprehensive refresh, including new interior paint, repainted cabinetry with soft-close hinges, an updated kitchen with newer countertops, backsplash, and stainless steel KitchenAid appliances, and an upgraded powder bathroom, ensuring a true move-in-ready experience.

  • Prime Location in Desirable Community

    Situated on a quiet lane within the highly sought-after Sunny Cove community, offering a peaceful residential environment and a desirable address in Novato.

  • Enhanced Lifestyle & Smart Home Features

    The home includes modern conveniences such as an automated lighting system, new light fixtures and window treatments, and a freshly painted garage with an epoxied floor and a Tesla car charger, appealing to contemporary living standards.

CONSRISKS & DEFICIENCIES

  • Absence of Explicit Cooling System

    Despite numerous modern upgrades, the property description does not mention the presence of a central air conditioning system, which could be a comfort consideration for potential buyers during warmer seasons in Novato.

  • Ongoing Association Fees

    The property is subject to a monthly association fee of $49, which represents an additional recurring cost for homeownership that some buyers may prefer to avoid.

  • Potential for Older Core Systems

    While extensively refreshed cosmetically, the home was built in 2000, meaning some core systems (e.g., roof, water heater, furnace, original plumbing/electrical beyond cosmetic updates) may be approaching or beyond their typical lifespan, potentially requiring future maintenance or replacement.

About 46 Waterbury Lane

Situated on a quiet lane in the desirable Sunny Cove community, 46 Waterbury Lane offers a beautifully refreshed home with thoughtful modern upgrades and a highly functional layout. The entire interior has been newly painted, creating a bright, welcoming atmosphere throughout. All cabinetry has been repainted and upgraded with soft-close hinges and new hardware, delivering a cohesive and refined finish. The updated kitchen features newer countertops and backsplash, stainless steel KitchenAid appliances, and a new refrigerator, seamlessly connecting to the main living areas. The downstairs powder bathroom has also been upgraded, enhancing the home's true move-in-ready appeal. New light fixtures and window treatments complement the contemporary style, while an automated lighting system adds everyday convenience. The freshly painted garage includes an epoxied floor for durability and a clean, finished look, complete with a Tesla car charger. The laundry room is equipped with a new washer and dryer. One of the home's standout features is its lot among the larger parcels in the Sunny Cove community offering ample outdoor space for entertaining, gardening, or future possibilities. Ideally located near restaurants, parks, the Bay Trail, the renovated Hamilton Pool, and MOCA Art Studios, with easy access to the SMART train, Sonoma, Napa, and San Francisco. This home delivers an exceptional blend of comfort, efficiency, and location in one of Novato's most sought-after neighborhoods.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2000
Lot Size
5,963.36 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$49 / Month

Neighborhood Insights

Novato Unified Schools

Hamilton Meadow Park School

Grades K-8 • 0.7 mi

4/10

Novato High School

Grades 9-12 • 3.5 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.0
50%
Square foot2,8322,388.5
68%
Lot Size5,963.3610,365
23%
Price$1.55M$1.55M
50%
Price per sq ft$547$606
40%
Built year20001975
83%
HOA$49$0
70%
Days on market91163
20%

Pricing History

Listed for Sale

Dec 6, 2025

$1,549,000

Initial Listing

Sold

May 30, 2023

$1,280,500

Public Record

Sold

Sep 18, 2018

$1,040,000

Public Record

Sold

Jun 26, 2012

$660,500

Public Record

Sold

Mar 28, 2006

$970,000

Public Record

Browse Properties by State Browse housing market trends by state