5 Velasco Court, Novato, CA 94949, Novato, 94949 - 3 bed, 3 bath

5 Velasco Court, Novato, CA 94949 home-pic-0

5 Velasco Court

Novato, CA 94949

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
3Baths
1,653Sq Ft
1,725Lot Size

Property Price

LIST PRICE$825,000

SUMMARY

Analysis of 5 Velasco Court, Novato, CA 94949 is currently available with a list price of $825,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1974, the property has undergone extensive recent renovations that place it in the excellent category. Key updates include a fully renovated kitchen and bathrooms with modern finishes, brand-new carpeting, fresh interior paint, and new exterior siding installed in 2025. The home features contemporary recessed lighting, wood-look laminate flooring, and updated appliances, showing no signs of deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Extensive Modern Renovations

    The property is in turn-key condition featuring a fully renovated kitchen and bathrooms, brand-new carpeting, fresh interior paint, and updated appliances, offering a contemporary aesthetic with no immediate capital improvement needed.

  • Desirable Pacheco Valle Lifestyle

    Located in the coveted Pacheco Valle Preserve, the home offers a park-like setting with direct access to scenic hiking trails, private tennis courts, and a newly renovated community swimming pool.

  • Spacious and Functional Layout

    With approximately 1,650 square feet of living space, this is one of the larger floor plans in the development, designed to live like a single-family home with an open floor plan and three well-proportioned bedrooms.

CONSRISKS & DEFICIENCIES

  • High Monthly HOA Dues

    The association fee of $680 per month is a significant recurring expense that may impact a buyer's debt-to-income ratio and overall monthly carrying costs.

  • Moderate School Ratings

    The local public schools are rated 5 and 6 out of 10, which may be a drawback for families specifically seeking the high-performing educational districts often associated with Marin County.

About 5 Velasco Court

Welcome home to this spacious PUD townhouse in coveted Pacheco Valle! This is one of the larger floor plans in Village Marin Meadows and truly lives like a single-family home. Offering 3 bedrooms, 2.5 baths, and approximately 1,650 square feet of space, this meticulously maintained, beautifully updated residence combines comfort, style, and an exceptional outdoor lifestyle. The open floor plan features wood-look laminate flooring on the main level, brand-new carpet upstairs, and a freshly painted interior throughout. The fully renovated kitchen and bathrooms showcase thoughtful, modern finishes, while upgrades including low-maintenance landscaping, recessed lighting, a gas fireplace, a new built-in microwave, and a newer washer/dryer reflect true pride of ownership. New exterior siding was also installed and painted by the HOA in 2025. When you step outside the front door, seamless indoor-outdoor living awaits. Enjoy the park-like setting of Pacheco Valle Preserve, known for its scenic hiking trails and peaceful setting surrounded by mature trees, or take advantage of the community's private tennis courts and newly renovated swimming pool. In addition to natural beauty and abundant recreation, the community is conveniently located just minutes from the 101 freeway, great restaurants, inviting coffee shops, and a wide range of retail stores. Don't miss this opportunity to own an updated home that offers space, style, and a lifestyle that's hard to match.

Property Details

Public Facts

Property Type
Townhouse
Year Built
1974
Lot Size
1,725 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$680 / Month

Neighborhood Insights

Novato Unified Schools

Loma Verde Elementary School

Grades K-5 • 1.3 mi

5/10

Novato High School

Grades 9-12 • 3.5 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot1,6531,582
56%
Lot Size1,7251,690
50%
Price$825.0K$775.0K
67%
Price per sq ft$499$480
56%
Built year19741976
44%
HOA$680$670
56%
Days on market32155
6%

Pricing History

Listed for Sale

Feb 3, 2026

$825,000

Initial Listing

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