
Novato, CA 94945
Analysis of 689 Atherton Avenue, Novato, CA 94945 is currently available with a list price of $1,949,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 extensive renovation needed.
While the structure dates to 2018, it is an unfinished construction project that is currently unlivable. It lacks finished kitchens, bathrooms, insulation, and drywall, requiring a full interior completion (rehab) despite the modern age and roughed-in systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 145490, living area = 3365.
The residence features bold contemporary lines, dramatic rooflines, and high-end Anderson windows, offering a sophisticated aesthetic for a custom luxury home.
Set on a 3.34-acre hillside parcel, the property provides exceptional privacy, mature trees, and a serene natural environment in a prime Marin County location.
The home is currently in an unfinished state with open interior walls, requiring a buyer with the vision and capital to manage a complex completion process.
Significant exterior work remains, including retaining walls, fencing, and landscaping, which may involve substantial additional costs and logistical planning.
A rare opportunity to complete a sophisticated contemporary residence on an expansive 3.34-acre parcel in a serene Novato hillside setting. Surrounded by mature trees and natural beauty, this striking architectural home offers approximately 3,405 sq. ft. with substantial construction already underway. Bold modern lines, dramatic rooflines, expansive Anderson windows, and a thoughtfully designed multi-level floor plan create the foundation for an exceptional custom residence. An active building permit is in place through July 1, 2027. The majority of plumbing, electrical, and HVAC work has been roughed in. Interior walls remain open, allowing the next owner to complete fire sprinklers, insulation, drywall, and select remaining windows according to their vision. A separate detached garage of approximately 552 sq. ft. is also substantially constructed and has its own active permit through July 1, 2027. The expansive grounds offer privacy, natural beauty, and the opportunity to complete the property's overall vision, including remaining retaining wall work, flatwork, fencing, and landscaping. An exceptional offering for a buyer, builder, or design-minded owner seeking to create a distinctive custom residence on a substantial Marin County estate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,405 | 2,048.556 |
| Lot Size | 145,490 | 10,147.097 |
| Price | $1.95M | $1.23M |
| Price per sq ft | $572 | $644 |
| Built year | 2018 | 1968 |
| HOA | $0 | $289 |
| Days on market | 8 | 43 |
Sep 1, 2026
$1,949,000
Initial Listing
Sep 17, 2018
$630,000
Public Record