48 Clemente Court, Novato, CA 94945, Novato, 94945 - 4 bed, 2 bath
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Novato, CA 94945
This Value-Add Residential Asset in the San Marin neighborhood is listed at $1,049,000, currently positioned above the $960,226 Fair Market Value. Boasting a Fair Condition Rating, the property requires a strategic capital injection for flooring, paint, and fixtures to reach its full market potential. The functional single-level layout features a landscaped backyard and private deck on a high-utilization lot. Located near San Marin High School, this property offers strong rental demand and forced appreciation potential. It is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a high-ROI project in a premium Novato corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48 Clemente Court Subject | $1,049,000* List Price | 4 | 2 | 1,675 | $573 | - |
A 70 San Carlos Way Sold | $930,000 | 4 | 2 | 1,521 | $611 | 0.6 mi |
B 75 San Carlos Way Sold | $850,000 | 4 | 2 | 1,521 | $559 | 0.6 mi |
C 334 San Marin Drive Sold | $975,000 | 4 | 2 | 1,971 | $495 | 0.2 mi |
D 90 San Benito Way Sold | $975,000 | 4 | 3 | 2,140 | $456 | 0.4 mi |
E 2108 Feliz Drive Sold | $1,300,000 | 4 | 3 | 2,000 | $650 | 0.2 mi |
F 107 Partridge Drive Sold | $1,080,000 | 3 | 2 | 1,776 | $608 | 0.9 mi |
G 77 Clemente Court Active | $1,220,000 List Price | 4 | 2 | 1,804 | $676 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968, this property is in mostly original or dated condition and requires cosmetic updates to meet modern standards. The kitchen features older oak cabinetry and dated countertops, while the bathroom contains 1980s-style tile work and gold-tone fixtures. The listing description explicitly notes that the home needs new paint, flooring, and light fixtures, which fits the 'fair' criteria of a functional but aged home requiring minor to moderate updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8041, living area = 1675.
Situated in the highly desirable San Marin neighborhood, this home offers excellent proximity to the Harvest Market shopping center, the Bay Club, and top-rated local schools.
The four-bedroom, single-story floor plan provides a functional and accessible living space that is highly sought after for its long-term utility and ease of movement.
The home is in need of immediate cosmetic updates, including new paint, flooring, and light fixtures, to bring it up to modern market standards.
Built in 1968, the property may require additional capital investment beyond surface-level aesthetics to modernize original systems or fixtures.
This 4 bedroom 2 bath single level home is located in the highly desirable San Marin neighborhood. 2 Car garage, beautifully landscaped backyard and great floor plan. With some new paint, flooring, and light fixtures this home will shine. Close to Harvest Market shopping center and Bay Club.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.2 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,675 | 2,070 | 35% |
| Lot Size | 8,041 | 8,875 | 39% |
| Price | $1.05M | $1.13M | 46% |
| Price per sq ft | $626 | $574 | 69% |
| Built year | 1968 | 1974 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 189 | 2% |
Mar 11, 2026
$1,049,000
Initial Listing