75 San Carlos Way, Novato, CA 94945, Novato, 94945 - 4 bed, 2 bath
ACTIVE$825,000$1,521/sqft
Est. Value: $802,847
-2%
FairlyEstimate
75 San Carlos Way, Novato, CA 94945
4Beds
2Baths
1,521Sqft
7,501Lot
Price Vs. Estimate
The estimated value ($802,846.905) is $22,153.095 (2%) lower than the list price ($825,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 7501, living area = 1521.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-10-09. The sold price is $700,000.00.
Compared to the nearby listings
Price:$825.0K vs avg $1.01M ($-187,000)27%
Size:1,521 sqft vs avg 1,989.5 sqft24%
Price/sqft:$542 vs avg $57642%
More Insights
Built in 1963 (63 years old).
Condition: Built in 1963, this property is explicitly described as being in 'fixer condition' and requiring 'extensive renovation.' The images confirm this, showing severely outdated and worn kitchen cabinets, countertops, and appliances (likely original or very old), and one bathroom with a non-functional, partially demolished shower. All flooring and carpets are extremely worn, dirty, and damaged, and walls show significant wear. The property is not move-in ready and requires substantial repairs and rehabilitation to major components, making it uncomfortable and potentially unsafe in its current state.
Year Built
1963
Close
-
List price
$825K
Original List price
-
Price/Sqft
$542
HOA
$0
Days on market
-
Sold On
-
MLS number
325098556
Home ConditionPoor
Features
Good View:
Patio
View-
About this home
Great opportunity in a desirable Novato neighborhood. This property is in fixer condition and ready for a new owner to update, renovate, or rebuild. The home offers a functional layout and sits on a spacious lot with potential for improvement. Convenient location close to schools, parks, shopping, and freeway access. Ideal for investors or buyers looking for a project. Property to be sold as-is, priced to sell with a ton of equity potential.
C
Carmen Russo
Listing Agent
Nearby schools
5/10
San Ramon Elementary School
Public,•K-5•0.2mi
7/10
Pleasant Valley Elementary School
Public,•K-5•0.8mi
6/10
Sinaloa Middle School
Public,•6-8•0.9mi
7/10
San Marin High School
Public,•9-12•0.2mi
Price History
Date
Event
Price
10/09/25
Sold
$700,000
Condition Rating
Poor
Built in 1963, this property is explicitly described as being in 'fixer condition' and requiring 'extensive renovation.' The images confirm this, showing severely outdated and worn kitchen cabinets, countertops, and appliances (likely original or very old), and one bathroom with a non-functional, partially demolished shower. All flooring and carpets are extremely worn, dirty, and damaged, and walls show significant wear. The property is not move-in ready and requires substantial repairs and rehabilitation to major components, making it uncomfortable and potentially unsafe in its current state.
Pros & Cons
Pros
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 = 7501, living area = 1521.
Prime Location: Situated in a desirable Novato neighborhood, offering convenient access to schools, parks, shopping, and freeway, enhancing its long-term appeal.
Significant Equity Potential: Explicitly described as 'priced to sell with a ton of equity potential' and 'ideal for investors or buyers looking for a project,' indicating strong upside after renovation.
Spacious Lot: The property sits on a generous 7501 sqft lot, providing ample space for potential expansion, landscaping, or outdoor amenities.
Excellent School Proximity: Located very close to highly-rated public schools, including San Ramon Elementary (0.17 miles) and San Marin High (0.21 miles), a major draw for families.
Functional Layout: Despite its fixer status, the home offers a functional layout, providing a solid foundation for a new owner to update and customize.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-10-09. The sold price is $700,000.00.
Extensive Renovation Required: The property is in 'fixer condition' and requires significant updating, renovation, or rebuilding, implying substantial time and financial investment.
Sold As-Is: Being sold 'as-is' means the buyer assumes all responsibility for current and future repairs, potentially leading to unforeseen costs and risks.
Older Construction: Built in 1963, the home likely features outdated systems, finishes, and potentially structural components that will require modernization and capital expenditure.