
Novato, CA 94947
This property presents a High-Potential Investment Opportunity with a List Price of $1,050,000—positioned well below the $1,074,696 Fair Market Value by 2%. This valuation gap offers $24,696 in Instant Equity for buyers. Featuring a Fair Condition Rating with vintage 1962 interiors, the home provides a blank canvas for modernization. The 12,400 sqft lot offers significant expansion potential in the desirable Presidents Neighborhood. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build long-term wealth through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 64 Washington St Subject | $1,050,000* List Price | 3 | 2 | 1,842 | $583 | - |
A 38 Terry Circle Sold | $1,350,000 | 3 | 2 | 1,902 | $710 | 0.9 mi |
B 1521 Buchanan Street Sold | $1,001,000 | 3 | 3 | 1,938 | $517 | 0.3 mi |
C 1459 Donna Street Sold | $939,000 List Price | 5 | 2 | 1,708 | 0.6 mi | |
D 1249 Denlyn Street Active | $1,099,000 List Price | 3 | 2 | 1,727 | $636 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1962 and features a kitchen and flooring renovation that appears to be approximately 20-25 years old. While the home is functional and well-maintained, the cabinetry, tile flooring, and appliances are dated and do not meet modern 'Good' or 'Excellent' standards, fitting the criteria for a property needing minor cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12400, living area = 1842.
Situated in the highly desirable Presidents Neighborhood, this property offers exceptional value through its proximity to top-rated schools, local parks, and convenient commuter routes.
The expansive 12,400 square foot lot provides significant outdoor space, offering rare privacy and the potential for future landscaping projects or property expansions.
Built in 1962, the home may require capital improvements or modernization of major systems to align with contemporary energy efficiency and aesthetic standards.
At a $1.05M price point, the three-bedroom configuration may face pressure from buyers seeking more bedrooms or modernized interiors within the same neighborhood.
Discover this beautiful home in the highly desirable Presidents Neighborhood of Novato. Featuring 3 spacious bedrooms, 2 full bathrooms, and a 2-car garage, this charming residence offers approximately 1,842 square feet of comfortable living space filled with abundant natural light. The thoughtfully designed layout creates a warm and inviting atmosphere, perfect for both everyday living and entertaining. Conveniently located near parks, schools, shopping, and commuter access, this is a wonderful opportunity to own a home in one of Novato’s most sought-after neighborhoods. Don’t miss your chance to make this bright and welcoming property your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 39% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,842 | 2,005 | 44% |
| Lot Size | 12,400 | 11,243 | 56% |
| Price | $1.05M | $1.16M | 44% |
| Price per sq ft | $570 | $589 | 44% |
| Built year | 1962 | 1965 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 152 | 3% |
May 20, 2026
$1,050,000
Initial Listing
Jan 24, 2006
$634,500
Public Record
Jul 9, 2004
$675,000
Public Record