686 Wilson Avenue, Novato, CA 94947, Novato, 94947 - 6 bed, 4 bath
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686 Wilson Avenue
Novato, CA 94947
ACTIVE
CONDITION: EXCELLENT
6Beds
4Baths
2,793Sq Ft
46,055Lot Size
Property Price
LIST PRICE$2,725,000
EST. MARKET VALUE
$2,391,103
13% AboveMARKET VALUE
SUMMARY
This Modern Cedar Ranch-Style Retreat represents a High-Potential Investment Opportunity, listed at $2,725,000—positioned above the $2,391,104 Fair Market Value. While priced at a premium, the property offers significant upside through its 1.06-acre lot with SB-9 lot split potential. Featuring a Condition Rating of 2 with high-end contemporary renovations, the estate includes a primary residence, a detached 3BR/2BA ADU, and a bonus workshop. This versatile layout is ideal for Buy-and-Hold Investors or Multigenerational Families seeking a strategic, income-generating asset in a serene, redwood-studded setting.
Estimated Market Value
$2,391,103
Based on Realkey algorithm analyzing recent comparable sales in Novato.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1979, the property has undergone a high-end contemporary renovation within the last 5 years. The interior features mint-condition wide-plank flooring, updated recessed and designer lighting, and vaulted cedar ceilings. The detached ADU is fully renovated and turnkey, and the bathrooms visible in photos show modern vanities and glass enclosures, meeting the criteria for a recent top-tier renovation.
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 = 46055, living area = 2793.
- Multigenerational & Income Potential
The property features a primary residence plus a fully renovated 3BR/2BA detached ADU and a separate bonus room, offering exceptional flexibility for extended families or significant rental income.
- Strategic Development Opportunity
Situated on a 1.06-acre lot with SB-9 lot split potential, this property provides a rare chance for investors or homeowners to increase value through land subdivision in an exclusive location.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
- Recently Sold Property
The property was recently sold within the past year on 2026-06-23. The sold price is $2,700,000.00.
- Premium Price Point
At $2,725,000, the property is positioned at the high end of the local market, which may limit the pool of qualified buyers despite the additional structures and land value.
About 686 Wilson Avenue
Discover an incredible find: a modern cedar ranch-style retreat, offering ultimate serenity and coming to the market for the first time. Beautifully situated on a magical 1.06-acre lot where majestic redwoods meet the ambience of this peaceful home setting. The 3 BR/2BA primary residence blends striking contemporary design and upgrades with warm cedar timber finishes. The expansive outdoor spaces are perfect for summer barbecues and ideal for kids and pets to play freely. Secluded and renovated, the detached 3 BR/2BA ADU provides a rare opportunity for multigenerational living, a guest house, or as an investment for potential rental income. Adjacent to the ADU is a detached structure that includes a turnkey bonus room with new flooring and finishes. Can be used as a home office, hobby workshop, or gym. A unique creekside bridge layout links the dual residences and offers the perfect balance of connection and privacy. This is more than a home; it is a strategic asset designed for flexibility, income, and long-term appreciation. Take advantage of an SB-9 lot split potential in an exclusive Novato location and increase the value of your home by using the highest and best use of the land.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 46,055 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 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 |
|---|---|---|
| Beds | 6.0 | 3.4 |
| Baths | 4.0 | 2.9 |
| Square foot | 2,793 | 1,976.809 |
| Lot Size | 46,055 | 9,722.521 |
| Price | $2.73M | $1.22M |
| Price per sq ft | $976 | $645 |
| Built year | 1979 | 1967 |
| HOA | $0 | $268 |
| Days on market | 23 | 41 |
Pricing History
Listed for Sale
Oct 1, 2026
$2,725,000
Initial Listing
Sold
Jun 23, 2026
$2,700,000
Public Record
Sold
Aug 27, 2008
$137,500
Public Record
Sold
Aug 27, 2008
$48,500
Public Record