5 Orta Way, Novato, CA 94945, Novato, 94945 - 4 bed, 4 bath
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Novato, CA 94945
This Modern Luxury Townhome is a High-Potential Investment Opportunity, listed at $935,000—positioned well below the $1,083,216 Fair Market Value by 13%. This valuation gap provides $148,216 in Instant Equity. Boasting a Mint Condition Rating, the residence features a gourmet kitchen, owned solar, and smart home technology. Located steps from downtown Novato with scenic hill views, it offers a premium lifestyle with significant financial upside. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5 Orta Way Subject | $935,000* List Price | 4 | 4 | 1,947 | $556 | - |
A 39 Little Creek Lane Sold | $985,000 | 4 | 3 | 1,724 | $571 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is less than 10 years old and in mint, turnkey condition. The gourmet kitchen features high-end stainless steel appliances and modern quartz countertops, while the systems are state-of-the-art, including owned solar, ENERGY STAR efficiency, and smart home technology.
Built in 2021, this ENERGY STAR certified home features owned solar, Ecobee smart thermostats, and Cat-6 wiring, offering significant utility savings and high-speed connectivity for modern living.
The property is ideally situated within walking distance of downtown Novato's amenities and offers rapid access to Hwy 101 and the SMART train for easy commutes to San Francisco and Sonoma.
This residence boasts premium finishes including a gourmet kitchen with a touchless faucet, custom window treatments, and a finished garage with epoxy flooring and a home gym setup.
With a lot size of only 810 square feet, the property lacks a traditional backyard or private garden area, which may be a drawback for buyers with pets or those seeking outdoor recreation space.
The $448 monthly association fee represents a significant recurring expense that adds to the total cost of ownership compared to single-family homes in the area without such fees.
Welcome to 5 Orta Way, a stunning, newly built luxury townhome in the heart of Novato. Built in 2022, the home was thoughtfully designed for the modern era with upgraded features throughout. This chic residence delivers not only on its design but also with a spectacular location, just a short stroll to all that lively downtown Novato has to offer and a quick trip to Hwy 101 for a breezy commute to SF, Sonoma, and wine country. Upon entry to the home, find yourself surrounded by beautifully maintained grounds and the scenic Novato Hills. The interior unfolds with a convenient ground floor bedroom and bath for the perfect guest suite or home office alongside access to a spacious attached 2 car garage with custom epoxy floor and PRX home gym set up. The main level showcases a great room, dining, and kitchen combination with luxury high-end light fixtures and custom window treatments throughout the home. The gourmet kitchen boasts high end appliances, gas range, touchless motion sensor faucet, and large island with bar top seating. One of the home's four bathrooms is also located on this level. Upstairs are three additional bedrooms including the primary suite with elegant ensuite bath. Enjoy peace of mind in a home designed for modern living, energy efficient to meet ENERGY STAR® standards, complete with Ecobee smart thermostats, Cat-6 ethernet wiring for high-speed connectivity, home security system with August smart locks, and owned solar. All of these upgrades are complemented by a prime location, minutes to charming downtown Novato, where tree-lined Grant Avenue offers a vibrant mix of local restaurants, cozy cafs, boutique shopping, craft breweries, wine-tasting rooms, and community events like year-round farmer's markets. Explore nearby Mt. Burdell Open Space with over 1,700 acres of scenic hiking and biking trails, or take advantage of the SMART Train for easy commuting. You're also just minutes from Whole Foods, Trader Joe's, and Bay Club StoneTree Golf Course, and Hwy 101, making travel throughout Marin and beyond a breeze. Move right in to 5 Orta Way, a truly turnkey home in a prime Marin location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 75% |
| Baths | 4.0 | 1.5 | 88% |
| Square foot | 1,947 | 1,084 | 88% |
| Lot Size | 810 | 997.5 | 38% |
| Price | $935.0K | $562.5K | 75% |
| Price per sq ft | $480 | $538 | 38% |
| Built year | 2021 | 1990 | 88% |
| HOA | $448 | $585 | 13% |
| Days on market | 6 | 168 | 13% |
Apr 16, 2026
$935,000
Initial Listing
Apr 28, 2022
$881,500
Public Record