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48 Manzanita Avenue, Novato, CA 94945, Novato, 94945 - 4 bed, 3 bath

48 Manzanita Avenue, Novato, CA 94945 home-pic-0
ACTIVE$1,127,000$2,750/sqft
Est. Value: $1,127,000
%
FairlyEstimate
48 Manzanita Avenue, Novato, CA 94945
4Beds
3Baths
2,750Sqft
17,515Lot

Price Vs. Estimate

The estimated value ($1,127,000) is $0 (0%) lower than the list price ($1,127,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 17515, living area = 2750.
Top Cons:
Historic Property Condition: Built in 1935, the home likely requires substantial investment in updating major systems (e.g., electrical, plumbing, HVAC) and interior finishes to meet contemporary standards.

Compared to the nearby listings

Price:$1.13M vs avg $1.04M (+$90,000)55%
Size:2,750 sqft vs avg 2,029 sqft76%
Price/sqft:$410 vs avg $57615%

More Insights

Built in 1935 (91 years old).
Condition: Built in 1935, this property features significantly dated interior finishes, particularly in the main house kitchen and bathrooms. The kitchen has older wood cabinets, tile countertops, and basic appliances, while the bathrooms show similar dated tile work and fixtures. While the property appears maintained and functional, it requires substantial cosmetic updates to meet current aesthetic standards, aligning with the 'fair' condition criteria for a home built over 20 years ago with renovations likely 15-30 years ago.
Year Built
1935
Close
-
List price
$1.13M
Original List price
-
Price/Sqft
$410
HOA
$0
Days on market
-
Sold On
-
MLS number
325075285
Home ConditionFair
Features
Excellent View:
Deck
Patio
View-

About this home

This great home with a detached cottage, dating back to around 1935, epitomizes the charm of Black Point living with its breathtaking views. Nestled on a generous lot overlooking the Petaluma River, the main house boasts three bedrooms and two full bathrooms. The main level features a bedroom, a spacious living room with a fireplace, and a wall of windows adjoining the bright kitchen with an eat-in nook. The kitchen, with its tiled floors, opens onto an outdoor deck and front patio. The lower level completes the main house with two additional bedrooms and a full bath. Across the patio, a detached two-level cottage awaits, complete with a bedroom and a one-car garage. The lower level of the cottage includes a kitchen and bathroom that open onto the outdoor deck. The expansive lot offers numerous opportunities for outdoor enjoyment, including covered parking for vehicles and ample off-street parking. Conveniently located in Novato, close to the Petaluma River, and with easy access to the wine country and Sonoma County, this property is a must see!

M
Mac Pourtabib
Listing Agent

Nearby schools

6/10
Olive Elementary School
Public,•K-5•2.9mi
6/10
Sinaloa Middle School
Public,•6-8•5.2mi
7/10
San Marin High School
Public,•9-12•5.9mi

Price History

Date
Event
Price
12/30/10
Sold
$500,000
Condition Rating
Fair
Built in 1935, this property features significantly dated interior finishes, particularly in the main house kitchen and bathrooms. The kitchen has older wood cabinets, tile countertops, and basic appliances, while the bathrooms show similar dated tile work and fixtures. While the property appears maintained and functional, it requires substantial cosmetic updates to meet current aesthetic standards, aligning with the 'fair' condition criteria for a home built over 20 years ago with renovations likely 15-30 years ago.
Pros & Cons

Pros

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 = 17515, living area = 2750.
Detached Auxiliary Unit: The property includes a versatile two-level detached cottage with a bedroom, kitchen, bathroom, and garage, offering significant potential for rental income, guest accommodation, or a dedicated home office.
Panoramic River Views: Enjoys breathtaking views overlooking the Petaluma River, enhancing the property's aesthetic appeal and overall value.
Generous Lot Size: Sits on an expansive 17,515 sqft lot, providing ample space for outdoor activities, landscaping, and privacy.
Strategic Location: Conveniently located in Novato with easy access to the Petaluma River, renowned wine country, and the broader Sonoma County attractions.
Abundant Parking: Offers both covered parking and extensive off-street parking, accommodating multiple vehicles and guests with ease.

Cons

Historic Property Condition: Built in 1935, the home likely requires substantial investment in updating major systems (e.g., electrical, plumbing, HVAC) and interior finishes to meet contemporary standards.
Dated Interior Finishes: The description implies original or older kitchen and bathroom finishes, which may not appeal to buyers seeking modern aesthetics and functionality, necessitating renovation.
Average School Ratings: While schools are available, their ratings (6-7) are not top-tier, and distances are considerable, which might be a drawback for families prioritizing highly-rated, nearby educational institutions.
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