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

48 Manzanita Avenue
Novato, CA 94945
Property Price
SUMMARY
Analysis of 48 Manzanita Avenue, Novato, CA 94945 reveals a Fairly Priced Property with a current list price of $1,078,000 aligned with the estimated $1,078,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 48 Manzanita Avenue Subject | $1,078,000* List Price | 4 | 3 | 2,750 | $392 | - |
A 50 Oak Avenue Sold | $820,000 | 3 | 2 | 1,919 | $427 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1935, this property is described as a charming, well-maintained home rather than a modern renovation. While it features functional spaces like a bright kitchen with tiled floors and a detached cottage, the lack of mention regarding recent high-end updates or system overhauls suggests the property is aged with older cosmetic styles. It meets the 'fair' criteria as a home that has been maintained through regular upkeep but likely requires minor updates to meet current modern standards.
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 = 17515, living area = 2750.
CONSRISKS & DEFICIENCIES
About 48 Manzanita Avenue
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 17,515 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Novato Unified Schools
Olive Elementary School
Grades K-5 • 2.9 mi
Sinaloa Middle School
Grades 6-8 • 5.2 mi
San Marin High School
Grades 9-12 • 5.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,750 | 2,140 | 68% |
| Lot Size | 17,515 | 9,901 | 70% |
| Price | $1.08M | $1.08M | 49% |
| Price per sq ft | $392 | $568 | 9% |
| Built year | 1935 | 1974 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 199 | 183 | 58% |
Pricing History
Listed for Sale
Feb 6, 2026
$1,078,000
$1,127,000
-4% Price Drop
Initial Listing
Price Change
Aug 20, 2025
$1,127,000
Initial Listing
Sold
Dec 30, 2010
$500,000
Public Record








































































