
Novato, CA 94947
This Turnkey Condominium is a Strong Value Opportunity, listed at $424,995—positioned well below the $432,489 Fair Market Value by 1.7%. This valuation gap offers $7,494 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with recent kitchen and HVAC upgrades, this unit offers a private, townhouse-style layout with no neighbors above or below. Ideally located near the Smart Train and Highway 101, it is a perfect fit for first-time buyers or owner-occupants seeking a stress-free, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 70 Los Padres Circle Subject 2 bd · 1 ba · 872 sqft · $496 | $424,995* List Price | 2 | 1 | 872 | $496 | - |
A 47 Plumas Circle Sold 2 bd · 1 ba · 872 sqft · $487 · 0.1 mi | $425,000 | 2 | 1 | 872 | $487 | 0.1 mi |
B 36 Lassen Lane Sold 2 bd · 1 ba · 810 sqft · $567 · 0.1 mi | $459,000 | 2 | 1 | 810 | $567 | 0.1 mi |
C 306 Silvio Lane Sold 2 bd · 1 ba · 966 sqft · $455 · 0.3 mi | $440,000 | 2 | 1 | 966 | $455 | 0.3 mi |
D 5 Corinthian Court Sold 2 bd · 2 ba · 1,118 sqft · $474 · 0.8 mi | $529,950 | 2 | 2 | 1,118 | $474 | 0.8 mi |
E 526 Loleta Lane Active 2 bd · 1 ba · 896 sqft · $497 · 0.2 mi | $445,000 List Price | 2 | 1 | 896 | $497 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1972, the property has undergone recent comprehensive renovations including an upgraded kitchen, modern bathroom with contemporary tiling, new flooring, and updated HVAC systems, placing it in mint, move-in ready condition.
The property is move-in ready featuring significant recent upgrades, including a remodeled kitchen with new appliances, updated flooring, fresh paint, and a newer HVAC system with air conditioning.
Ideally situated in Southern Novato, the home offers rapid access to Highway 101, Highway 37, and the Smart Train, making it perfect for those commuting to San Francisco, the East Bay, or Wine Country.
The townhouse-style layout ensures no neighbors are located above or below the unit, and the inclusion of both a private garage with storage and driveway parking is a rare value-add for this price point.
With only one full bathroom serving two bedrooms, the layout may present a challenge for multi-occupant households or guests compared to units with a half-bath on the main level.
At 872 square feet, the interior living space is relatively small for a two-bedroom home, which may limit furniture configurations and long-term utility for growing families.
This is such a comfortable and charming unit--sparkling and move-in ready! A better than normal opportunity! Popular 2 level townhouse style in the Gateway Commons. Garage with extra storage area and driveway parking. Recent upgrades with new paint, newer flooring, upgraded Kitchen and appliances, recessed lighting, upgraded full bath, newer forced air heating, and Air Conditioning systems. A light & bright main floorplan perfect for entertaining! Great privacy with no units above or below. Fantastic Southern Novato location with super convenient access for day trips to the wine country, trips to the coast or quickly jump on highway 101 and head South towards San Francisco or Eastbay through Highway 37. Enjoy all Novato has to offer with excellent weather, great schools, shopping, dining, hiking trails, and public transportation including the new Smart Train, Vintage Oaks Center, Pacheco Plaza, Airporter, train transporation and Hamilton Marketplace all very close by. Low HOA dues $425.00, includes insurance, garbage, hot water, exterior maintenance, roof, management, pool, and child/picnic play areas. Compare this home to the current market and you will find a smart value! Don't Miss a great opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.2 |
| Baths | 1.0 | 1.9 |
| Square foot | 872 | 1,118 |
| Lot Size | 3,202 | 1,209.857 |
| Price | $425.0K | $517.8K |
| Price per sq ft | $487 | $458 |
| Built year | 1972 | 1980 |
| HOA | $425 | $535 |
| Days on market | 5 | 61 |
Oct 19, 2026
$424,995
Initial Listing
Jan 14, 2011
$121,000
Public Record
Jun 5, 1996
$94,000
Public Record