530 Entrada Drive #201, Novato, CA 94949, Novato, 94949 - 2 bed, 1 bath
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530 Entrada Drive #201
Novato, CA 94949
ACTIVE
CONDITION: GOOD
2Beds
1Baths
1,050Sq Ft
1,050Lot Size
Property Price
LIST PRICE$497,000
EST. MARKET VALUE
$479,324
3% AboveMARKET VALUE
SUMMARY
This Turnkey 55+ Villa is a Strong Value Opportunity, listed at $497,000—positioned slightly above the $479,324 Fair Market Value. While the price reflects its premium, move-in ready status, the property offers a Good Condition Rating with high-end finishes like cherry cabinetry, plantation shutters, and custom storage. Featuring a private, single-level layout with no common side walls and elevator access, this residence provides a quiet, low-maintenance lifestyle. It is an ideal sanctuary for Active Retirees or Downsizing Homeowners seeking a refined, secure living environment in Novato.
Estimated Market Value
$479,324
Based on Realkey algorithm analyzing recent comparable sales in Novato.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 530 Entrada Drive #201 Subject | $497,000* List Price | 2 | 1 | 1,050 | $456 | - |
A 530 Entrada Drive #202 Active | $430,000 List Price | 1 | 1 | 878 | $490 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004 (20 years old), the property is in well-maintained, move-in ready condition. It features several recent updates including fresh paint, a new Kitchenaid dishwasher, and an upgraded bathroom with a glass shower door. The presence of functional HVAC (A/C), modern flooring, and high-quality finishes like plantation shutters and cherry cabinetry fits the 'Good' criteria perfectly.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Interior Upgrades
The unit is meticulously finished with high-end features including cherry cabinetry, a water purification system, plantation shutters, and custom Container Store closets, offering a turnkey luxury experience.
- Superior Privacy and Layout
This rare end-unit features no common side walls and a single-level floor plan with elevator access, providing the quiet and privacy typically found in a detached home.
- Modern Climate Control
Equipped with central air conditioning and ceiling fans in all rooms, the property ensures year-round comfort, a feature often missing in similar regional condo developments.
CONSRISKS & DEFICIENCIES
- Restrictive Ownership Covenants
Strict eligibility requirements, including a 55+ age restriction, buyer income caps, and resale price limitations, significantly narrow the potential buyer pool and future appreciation potential.
- Limited Bathroom Count
With only one bathroom serving two bedrooms, the layout may be less convenient for residents who frequently host guests or for multi-person households.
About 530 Entrada Drive #201
Rare find at age 55+ Villa Entrada--total privacy, morning coffee light, evening wine light, and fantastic and very fine finishes, including: Water Purification System in Kitchen; Recessed Lighting in Kitchen; Cherry Cabinets in Kitchen; New Kitchenaid Dishwasher; LG top of line, intelligent washer and dryer; Freshly painted throughout; Upgraded baseboards; Fans in all rooms; Plantation Shutters throughout; Restoration Hardware Dining Room Lamp; Decorator Ceiling Lamps; New, secure door handles on all doors; Custom Closets from the Container Store; Mirrored closet doors; Blackout shades in all bedrooms; Upgraded bathroom with a beautiful glass door for shower. A/C too!! ALL THIS and more in PRIME location. This 1050 sq ft 2BR/1BA condo has no common side walls, has immense privacy, is all on one level with elevator access and goes straight to the head of the class!!! Dog limit for weight is 25 lbs. Buyer's gross annual income cannot exceed: $168,600/yr for 1-person household (hh); $192,800/yr for 2-person hh. Property must be owner-occupied, and future resale amount is restricted
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2004
- Lot Size
- 1,050 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $683 / Month
Neighborhood Insights
Novato Unified Schools
Loma Verde Elementary School
Grades K-5 • 0.3 mi
5/10
Novato High School
Grades 9-12 • 2.2 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 1.0 | 1.9 |
| Square foot | 1,050 | 1,114.875 |
| Lot Size | 1,050 | 1,238.25 |
| Price | $497.0K | $524.3K |
| Price per sq ft | $473 | $463 |
| Built year | 2004 | 1981 |
| HOA | $683 | $564 |
| Days on market | 29 | 54 |
Pricing History
Listed for Sale
Aug 11, 2026
$497,000
Initial Listing
Sold
Nov 14, 2013
$243,000
Public Record
Sold
May 4, 2012
$240,000
Public Record
Sold
Sep 2, 2005
$258,000
Public Record