81 Scottsdale Way, Novato, CA 94947, Novato, 94947 - 2 bed, 2 bath
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Novato, CA 94947
This Move-in Ready Condominium is a Strong Value Opportunity, listed at $475,000—positioned well below the $507,698 Fair Market Value by 6%. This valuation gap offers $32,698 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes brand new carpet, a private balcony with open space views, and access to community amenities like a pool and tennis courts. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking low-maintenance, single-level living in a tranquil Novato location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 81 Scottsdale Way Subject | $475,000* List Price | 2 | 2 | 1,118 | $454 | - |
A 65 Scottsdale Way Sold | $513,000 | 2 | 2 | 1,118 | $459 | 0.0 mi |
B 323 Silvio Lane Sold | $460,000 | 2 | 1 | 903 | $509 | 0.6 mi |
C 314 Silvio Lane Sold | $455,000 | 2 | 1 | 903 | $504 | 0.6 mi |
D 72 Plumas Circle A Sold | $380,000 | 2 | 1 | 861 | $441 | 0.7 mi |
E 79 Scottsdale Way Active | $499,000 List Price | 2 | 2 | 1,118 | $446 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1979, the interior is well-maintained and move-in ready. The kitchen features updated stainless steel appliances and cabinetry that appear to be within the 5-15 year renovation window, and the unit boasts brand new carpet throughout. It meets the criteria for functional, well-maintained living space.
Situated at the end of a quiet cul-de-sac across from Scottsdale Lake, this unit offers a serene setting with a private balcony overlooking peaceful open space.
The seller has already paid the recent HOA assessment, providing significant upfront savings and immediate equity for the new owner.
The thoughtfully designed floor plan offers the convenience of single-level living with no interior stairs, making it ideal for long-term accessibility.
The monthly association fee of $691 is relatively high, which may impact the overall affordability and debt-to-income ratio for some buyers.
The assigned elementary school has a low rating of 2/10, which could be a drawback for families and potentially affect future resale demand.
Welcome to 81 Scottsdale Way, a desirable condominium tucked away at the end of a quiet cul-de-sac across from Scottsdale lake. This well-maintained 2-bedroom, 2-bath residence offers the convenience of single-level living with no interior stairs once inside the home. There is brand new carpet throughout. The thoughtfully designed floor plan opens to a private rear balcony overlooking peaceful open space, providing a serene setting for morning coffee or relaxing at the end of the day. Adding exceptional value, the recent HOA assessment has already been paid by the seller. This community includes tennis courts, swimming pool, and a clubhouse. Enjoy comfortable, low-maintenance living in a tranquil location with easy access to Highway 101, local amenities, trails, shopping, and transportation. Washer, dryer, and refrigerator are all included with the sale.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,118 | - |
| Lot Size | 1,119 | - |
| Price | $475.0K | $493.4K |
| Price per sq ft | $425 | $487 |
| Built year | 1979 | 0 |
| HOA | $691 | $0 |
| Days on market | 16 | 49 |
Jul 6, 2026
$475,000
Initial Listing
Jul 18, 2018
$499,000
Public Record
Feb 28, 2006
$495,000
Public Record
Sep 30, 1994
$158,000
Public Record