642 Trumbull Avenue, Novato, CA 94947, Novato, 94947 - 3 bed, 2 bath
642 Trumbull Avenue
Novato, CA 94947
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1945 and on the market for the first time since the 1950s, the property explicitly states it is 'in need of updating or possibly a complete remodel.' The kitchen, as shown in the images, is extremely outdated with vintage appliances and cabinets, indicating no significant renovations in over 50 years. The listing heavily emphasizes the land's subdivision potential, suggesting the value is primarily in the land rather than the existing structure, which aligns with the 'tear-down' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Significant Development Potential
The property offers substantial investment opportunity with the potential to be subdivided into approximately 6-7 lots, subject to city approval, maximizing its value.
- Expansive Lot Size
Boasting 1.75 acres (76,230 sqft), this large parcel provides rare space, privacy, and the foundation for significant development or a grand estate.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The existing home is explicitly stated to be 'in need of updating or possibly a complete remodel,' indicating significant immediate capital investment and effort for the buyer.
- Subdivision Due Diligence Required
The potential for subdivision is contingent on the buyer confirming 'all subdivision info and requirements with the city of Novato,' introducing an element of uncertainty and additional legwork.
- Age of Property
Built in 1945, the home is nearly 80 years old, suggesting that major systems and components may be outdated and require replacement or significant maintenance.
About 642 Trumbull Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 76,230 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,666 | 1,740 | 46% |
| Lot Size | 76,230 | 10,350 | 95% |
| Price | $2.00M | $1.07M | 93% |
| Price per sq ft | $1.2K | $605 | 98% |
| Built year | 1945 | 1964 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 205 | 157 | 75% |
Pricing History
Listed for Sale
Aug 14, 2025
$1,995,500
Initial Listing