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846 Wilmac Avenue, Novato, CA 94947, Novato, 94947 - 4 bed, 3 bath

846 Wilmac Avenue, Novato, CA 94947 home-pic-0
ACTIVE$1,695,000$2,524/sqft
Est. Value: $1,466,851
-13%
AboveEstimate
846 Wilmac Avenue, Novato, CA 94947
4Beds
3Baths
2,524Sqft
9,026Lot

Price Vs. Estimate

The estimated value ($1,466,851.14) is $228,148.86 (13%) lower than the list price ($1,695,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Income Potential & Flexibility: Features two homes on one lot, including a full, detached ADU with its own kitchen and entrance, offering significant rental income potential (stated $10k) or ideal for multi-generational living and guest retreats.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2524, other record living area = 1765.

Compared to the nearby listings

Price:$1.70M vs avg $1.06M (+$635,000)87%
Size:2,524 sqft vs avg 1,828 sqft78%
Price/sqft:$672 vs avg $59669%

More Insights

Built in 1955 (71 years old).
Condition: Despite being built in 1955, the property has undergone an extensive and beautiful renovation, as stated in the description and clearly visible in the images. Both the main house and the ADU feature virtually new, modern kitchens with quartz countertops, stainless steel appliances, and white shaker cabinets. The bathrooms, particularly the primary suite's spa-inspired bath and the ADU's modern shower, are also new and high-quality. Flooring throughout is new LVP/hardwood, lighting is updated with recessed fixtures, and mini-split AC units provide modern cooling. The overall condition reflects a property that has been extensively renovated within the last 5 years, meeting current quality standards with no deferred maintenance.
Year Built
1955
Close
-
List price
$1.7M
Original List price
-
Price/Sqft
$672
HOA
$0
Days on market
-
Sold On
-
MLS number
325073408
Home ConditionExcellent
Features
Good View:
Deck
Patio
View-

About this home

Last chance! Two homes on one private cul-de-sac lot. A beautifully renovated 4B/3B single-level residence paired with a full 2-bedroom, 2-bath ADU. This property offers unmatched flexibility for multi-generational living, rental income 10k potential, 1031 or a guest retreat. The main home welcomes you with abundant natural light, an open-flow floor plan, and a rustic fireplace that anchors the living space. The chef's kitchen features quartz countertops, a gas range, and stainless steel appliances, perfect for both weeknight dinners and weekend entertaining. Two primary suites provide modern comfort, including one with a spa-inspired bath and spacious walk-in closet. Step outside to a generous patio and fenced yard designed for seamless indoor-outdoor living. The detached ADU, complete with its own kitchen and private entrance, ensures independence and convenience for extended family or tenants. Located minutes from downtown Novato, top schools, and Marin's scenic open spaces, this home balances suburban tranquility with easy access to the Bay Area. Whether you're seeking a forever home with space to grow or a smart investment with income potential, 846-846A Wilmac offers a lifestyle as versatile as it is inviting.

J
Jason Holmes
Listing Agent

Price History

Date
Event
Price
10/30/23
Sold
$917,000
05/31/11
Sold
$410,000
Condition Rating
Excellent
Despite being built in 1955, the property has undergone an extensive and beautiful renovation, as stated in the description and clearly visible in the images. Both the main house and the ADU feature virtually new, modern kitchens with quartz countertops, stainless steel appliances, and white shaker cabinets. The bathrooms, particularly the primary suite's spa-inspired bath and the ADU's modern shower, are also new and high-quality. Flooring throughout is new LVP/hardwood, lighting is updated with recessed fixtures, and mini-split AC units provide modern cooling. The overall condition reflects a property that has been extensively renovated within the last 5 years, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Exceptional Income Potential & Flexibility: Features two homes on one lot, including a full, detached ADU with its own kitchen and entrance, offering significant rental income potential (stated $10k) or ideal for multi-generational living and guest retreats.
Extensively Renovated Interiors: The main residence is beautifully renovated with an open-flow floor plan, a chef's kitchen featuring quartz countertops, stainless steel appliances, and two modern primary suites, including a spa-inspired bath.
Desirable Location & Accessibility: Located minutes from downtown Novato, top schools, and Marin's scenic open spaces, providing a balance of suburban tranquility with convenient access to the wider Bay Area.
Private & Functional Outdoor Space: A generous patio and fenced yard are designed for seamless indoor-outdoor living, enhancing the property's appeal for entertaining and relaxation.
Single-Level Living & Modern Comforts: The main home offers a single-level layout, which is highly desirable for accessibility, complemented by modern comforts like updated kitchens and bathrooms.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2524, other record living area = 1765.
Age of Original Construction: Built in 1955, the main residence, despite renovations, may still have underlying older infrastructure (e.g., plumbing, electrical) that could require future maintenance or may not meet the latest energy efficiency standards.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback for buyers in warmer months, potentially requiring an additional investment for installation.
Shared Lot Dynamics for Two Homes: While offering flexibility, having two distinct residences on a single 9,026 sqft lot might present challenges regarding shared utility access, noise considerations, or perceived privacy for both occupants, depending on the exact layout and usage.
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