
Novato, CA 94945
Analysis of 8 Lawrence Drive, Novato, CA 94945 is currently available with a list price of $850,000. 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.
This 1890 original family home is in mostly original condition and requires a total rehab. The kitchen and utility areas feature severely dated finishes, worn/damaged flooring, and aged systems. The listing's focus on 'endless potential' and 'reimagining' the structure confirms it is a major project rather than move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21236, living area = 961.
The nearly half-acre lot (21,236 sqft) is a rare find in central Novato, offering significant flexibility for expansion, adding an ADU, or installing a pool.
Ideally situated near downtown Novato, the property provides exceptional walkability to the SMART train, Whole Foods, Trader Joe's, and local dining.
The home likely requires a total overhaul to meet modern living standards, as listing photos are virtually enhanced to mask the current condition.
At just 961 square feet with a 2-bedroom, 1-bath layout, the current structure is undersized for the price point and modern family needs.
Vintage Novato Gem with Endless Potential First time on the market, this +/- 1890 original family home carries more than a century of Novato history. Once part of a sprawling 55 acre ranch, the property now rests on just less than a half an acre, offering a rare blend of heritage, space, and possibility. The two bedroom, one bath home spans near to 1,000 sq ft and is ready for numerous opportunities for a new owner to make it their own. Whether you choose to reimagine the existing home or expand it to incorporate today's modern comforts, the generous lot provides exceptional flexibility. Potential opportunities may include enlarging the home, adding a pool, creating a granny unit, or building an ADU (subject to buyer verification). Tucked away yet incredibly central, this property sits in the heart of the Novato community. Enjoy the convenience of being close to downtown and the many amenities including the SMART train, Whole Foods, Trader Joe's, Starbucks, restaurants, and more. This is a unique opportunity to own a piece of Novato's past while shaping this home's next chapter. The photos contained in this listing have been created or enhanced using virtual software and therefore may not accurately reflect current features and conditions of the home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 1.0 | 3.0 | 7% |
| Square foot | 961 | 2,070 | 2% |
| Lot Size | 21,236 | 9,125.5 | 78% |
| Price | $850.0K | $1.13M | 31% |
| Price per sq ft | $884 | $574 | 96% |
| Built year | 0 | 1974 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 189 | 2% |
Apr 17, 2026
$850,000
Initial Listing