695 Sunset Parkway, Novato, CA 94947, Novato, 94947 - 4 bed, 2 bath
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Novato, CA 94947
This Single-Family Residence presents a Strong Value Opportunity, listed at $899,000—positioned well below the $951,235 Fair Market Value by 5%. This valuation gap offers $52,235 in Instant Equity for the buyer. While the home maintains a Fair Condition Rating with original 1963 finishes, its expansive 13,974 sqft lot and single-level layout provide significant potential for modernization. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to build long-term wealth through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 695 Sunset Parkway Subject | $899,000* List Price | 4 | 2 | 1,648 | $557 | - |
A 64 Washington St Active | $1,050,000 List Price | 3 | 2 | 1,842 | $570 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the home is well-maintained but features a significantly dated kitchen and bathrooms that appear to be original or over 30 years old. While the interior is clean and staged with newer carpets and paint, the tile countertops, older cabinetry, and vintage bathroom fixtures indicate a need for modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13974, living area = 1648.
The home features a practical and highly sought-after single-story floor plan, providing ease of movement and long-term accessibility for all residents.
Situated on nearly a third of an acre, the expansive 13,974 sqft lot offers rare privacy and significant potential for outdoor entertaining, gardening, or future expansion.
Built in 1963, the property may require cosmetic updates or system upgrades to meet modern aesthetic preferences and efficiency standards.
With four bedrooms distributed across 1,648 square feet, individual room sizes may feel relatively small compared to newer construction or larger floor plans.
Situated in southern Novato, this charming and light-filled single level home offers a wonderful blend of comfort, character and easy living. Featuring four bedrooms, two bathrooms and approximately 1,648 square feet of living space, 695 Sunset Parkway boasts an inviting floor plan with beautifully connected living areas ideal for both the rhythms of daily life and entertaining + gathering with family + friends. Plentiful windows throughout allow for an abundance of gorgeous natural light, while sweet architectural charm and thoughtfully designed spaces create a home that feels instantly comfortable - one where your life could joyfully unfold. Set on an almost third of an acre lot with tons of room to garden, host, dine al fresco, play, or simply relax amongst the lush surroundings, this property offers wonderful potential and flexibility to make the space your own. The seamless indoor/outdoor flow lends itself beautifully to the Marin lifestyle, while the single level layout provides both ease and practicality. Ideally located near parks, schools, shopping, dining and convenient commute access, this is a special opportunity to own a home filled with character, comfort and possibility in one of Novato's most coveted and centrally located settings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,648 | 2,005 | 31% |
| Lot Size | 13,974 | 11,243 | 67% |
| Price | $899.0K | $1.16M | 31% |
| Price per sq ft | $546 | $589 | 33% |
| Built year | 1963 | 1965 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 153 | 3% |
May 8, 2026
$899,000
Initial Listing