5 Corinthian Court, Novato, CA 94947, Novato, 94947 - 2 bed, 2 bath
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Novato, CA 94947
This Updated End-Unit Condominium is a High-Potential Investment Opportunity, listed at $529,950—positioned well below the $544,113 Fair Market Value by 2%. This valuation gap offers $14,163 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the interior features quartz countertops, stainless steel appliances, and a private patio with greenbelt views. Ideally located near Vintage Oaks Shopping Center and Novato High School, this move-in-ready home balances lifestyle convenience with strong financial fundamentals. It is a perfect fit for Owner-Occupants or first-time buyers seeking a turnkey asset in Marin County.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5 Corinthian Court Subject | $529,950* List Price | 2 | 2 | 1,118 | $487 | - |
A 65 Scottsdale Way Sold | $513,000 | 2 | 2 | 1,118 | $459 | 0.1 mi |
B 323 Silvio Lane Sold | $460,000 | 2 | 1 | 903 | $509 | 0.6 mi |
C 314 Silvio Lane Sold | $455,000 | 2 | 1 | 903 | $504 | 0.6 mi |
D 121 Cheda Lane Sold | $550,000 | 2 | 1 | 990 | $556 | 0.7 mi |
E 18 Margarita Terrace Active | $499,950 List Price | 2 | 2 | 1,119 | $447 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1979, the property has undergone significant interior renovations likely within the 5-15 year range. The kitchen features updated stainless steel appliances, quartz countertops, and a modern tile backsplash. Bathrooms have been refreshed with newer vanities and stone tops, and the living areas feature contemporary flooring and neutral paint, making it move-in ready.
The property is ideally situated near the Vintage Oaks Shopping Center, providing residents with easy access to major retailers, diverse dining options, and essential everyday conveniences.
As an end unit, this condo offers enhanced privacy and increased natural light, featuring a functional two-level floor plan and a private, low-maintenance patio for outdoor living.
Listed at $529,950, the property is priced significantly below its 2021 sale price of $575,000, offering a competitive entry point into the Marin County real estate market.
The monthly HOA fee of $650 is relatively high, which may impact overall affordability and the debt-to-income ratio for budget-conscious buyers.
The assigned elementary school has a rating of 2/10, which may be a drawback for families prioritizing high-performing school districts and could affect long-term appreciation.
Beautifully maintained two level end unit 2-bedroom, 1.5-bathroom condo in Novato offering a functional and inviting layout. The main level features an open living room full of natural light that flows into the kitchen, along with a convenient half bathroom and in unit washer and dryer. Step outside to a private, low-maintenance patio. Upstairs, you'll find two well-sized bedrooms and a full bathroom. The primary bedroom includes a spacious walk-in closet and direct access to the bathroom. Ideally located near Vintage Oaks Shopping Center, offering a variety of major retailers, dining, and everyday conveniences. A great opportunity to own in Novato with a layout that balances comfort, convenience, and location.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,118 | 979 | 56% |
| Lot Size | 1,118 | 1,332.885 | 38% |
| Price | $530.0K | $445.5K | 69% |
| Price per sq ft | $474 | $454 | 69% |
| Built year | 1979 | 1977 | 69% |
| HOA | $650 | $545 | 69% |
| Days on market | 33 | 171 | 6% |
Mar 20, 2026
$529,950
Initial Listing
Sep 29, 2021
$575,000
Public Record
May 13, 2003
$319,000
Public Record
Mar 2, 2000
$231,000
Public Record
Apr 29, 1994
$130,000
Public Record