
Novato, CA 94947
Analysis of 642 Trumbull Avenue, Novato, CA 94947 is currently available with a list price of $1,995,500. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1945 and held by the same family since the 1950s with no recorded renovations. The listing explicitly states the home needs a complete remodel and that the primary value is in the 1.75-acre lot's potential for subdivision into 6-7 lots.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 76230, living area = 1666.
The expansive 1.75-acre lot meets the city's 10,000 sqft minimum requirement, offering a rare opportunity to potentially develop a 6-7 lot subdivision.
Situated in the heart of Novato, this massive 76,230 sqft parcel provides a unique combination of central convenience and rare, estate-sized privacy.
The 1945 mid-century home is in original condition and requires a complete remodel or significant updating to meet modern standards.
Realizing the property's full value depends on city approvals and subdivision requirements, which involves inherent risk, time, and additional investment.
3 bd 2 bath Mid-century home, with an office,and a large shop. on 1.75 acres in the heart of Novato. This is the original family home of the sellers and is going on the market for the first time since the 50's. The home is in need of updating or possibly a complete remodel, should a buyer wish to do so. The potential for this mid century home is unlimited. However, the real value and unlimited potential of the property lies in the fact that the property could be subdivided into as many as appx 6-7 lots per the city of Novato's 10,000 sf min lot size requirement, and ultimate design of the potential subdivision. Buyer to confirm all subdivision info and requirements with the city of Novato building and planning dept. This is a once in a lifetime opportunity to create one's 1.75-acre estate in one of Novato's nicest locations, develop a beautiful subdivision, or something in-between.
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 | 1,666 | 2,005 | 31% |
| Lot Size | 76,230 | 11,243 | 92% |
| Price | $2.00M | $1.17M | 89% |
| Price per sq ft | $1.2K | $598 | 97% |
| Built year | 1945 | 1965 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 304 | 165 | 83% |
Aug 14, 2025
$1,995,500
Initial Listing