
Novato, CA 94949
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,550,000—positioned well below the $1,571,718 Fair Market Value by 1.38%. This valuation gap offers $21,718 in Instant Equity. Featuring a Fair Condition Rating, the home offers 3,419 square feet of living space, a scenic mountain view, and a private patio. With no HOA fees and a functional 1999 floor plan, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential home in Novato.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 65 Presidio Drive Subject 5 bd · 3 ba · 3,419 sqft · $460 | $1,550,000* List Price | 5 | 3 | 3,419 | $460 | - |
A 38 Maybeck Street Sold 4 bd · 3 ba · 3,342 sqft · $486 · 0.1 mi | $1,625,000 | 4 | 3 | 3,342 | $486 | 0.1 mi |
B 130 Chesapeake Lane Sold 4 bd · 5 ba · 3,126 sqft · $411 · 0.8 mi | $1,285,000 | 4 | 5 | 3,126 | $411 | 0.8 mi |
C 18 Richardson Road Sold 4 bd · 3 ba · 2,322 sqft · $586 · 0.1 mi | $1,360,000 | 4 | 3 | 2,322 | $586 | 0.1 mi |
D 62 Richardson Road Pending 5 bd · 3 ba · 3,451 sqft · $462 · 0.0 mi | $1,595,000 List Price | 5 | 3 | 3,451 | $462 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (27 years old), the home is exceptionally well-maintained but falls into the 'Fair' category due to age. The kitchen and bathrooms retain original light wood cabinetry and layouts typical of the late 90s. While it features some modern upgrades like stainless steel appliances and solar panels, the core systems and aesthetic are over 20 years old and dated by current standards.
With 3,419 square feet and five bedrooms, this property offers an expansive interior layout that is well-suited for large families or multi-generational living.
Built in 1999, the home features contemporary building standards and a functional floor plan, avoiding the maintenance complexities often found in older Marin County residences.
The absence of a monthly association fee provides significant long-term cost savings and greater freedom for the homeowner compared to similar planned communities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3419, other record living area = 3019.
The 6,011 square foot lot is relatively modest for a home of this size, which may limit private outdoor recreational space and backyard privacy.
The assigned K-8 school has a lower performance rating compared to other highly competitive districts in the North Bay, which could impact appeal for some families.
Exceptional opportunity in Novato. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-8 • 1.1 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.4 |
| Baths | 3.0 | 2.9 |
| Square foot | 3,419 | 1,976.809 |
| Lot Size | 6,011 | 9,722.521 |
| Price | $1.55M | $1.22M |
| Price per sq ft | $453 | $645 |
| Built year | 1999 | 1967 |
| HOA | $0 | $268 |
| Days on market | 3 | 41 |
Oct 21, 2026
$1,550,000
Initial Listing
Aug 28, 2020
$1,115,000
Public Record
Feb 1, 2001
$677,000
Public Record