87 Del Oro Lagoon, Novato, CA 94949, Novato, 94949 - 4 bed, 3 bath
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Novato, CA 94949
This Exceptional Mediterranean Waterfront Residence is listed at $2,995,000, offering a stable entry point right at its $3,007,631 Fair Market Value. Boasting an Exceptional Condition Rating, the 3,532 sq. ft. home features a professional-grade chef's kitchen with Sub-Zero appliances and panoramic lagoon views. Situated in the exclusive Bel Marin Keys community near Novato High School, the property includes a private dock and ipe deck for direct water access. This resort-style sanctuary is perfectly suited for boating enthusiasts or luxury owner-occupants seeking a polished, move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 87 Del Oro Lagoon Subject | $2,995,000* List Price | 4 | 3 | 3,532 | $852 | - |
A 1066 Bel Marin Keys Boulevard Sold | $2,175,000 | 4 | 3 | 2,474 | $879 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in exceptional, move-in-ready condition with high-end finishes throughout. Although the major redesign and expansion occurred in 2006 (approximately 20 years ago), the quality of materials—including walnut hardwood floors, Italian travertine, and Pella windows—remains superior. The gourmet kitchen features professional-grade appliances from Sub-Zero, Thermador, and Gaggenau that are well-maintained. While the Mediterranean styling reflects the era of its renovation rather than a brand-new build, the home shows no signs of deferred maintenance and includes modern upgrades like a whole-home generator and HardieBoard siding.
Situated in Marin's exclusive waterski and wakeboard community, the property features a private dock, ipe deck, and a full outdoor kitchen, providing an unmatched resort-style living experience.
The kitchen is a masterpiece of luxury design, equipped with professional-grade Thermador, Gaggenau, and Sub-Zero appliances, including a 147-bottle wine storage system.
Spanning over 3,500 sq. ft., this residence offers significantly more living space than typical neighborhood homes and features high-end finishes like walnut floors and Pella windows.
The assigned public schools have moderate ratings, specifically a 4/10 for the middle school, which may be a concern for families prioritizing top-tier educational performance.
The property's location in a specialized lagoon community focused on active water sports may limit its appeal to a specific lifestyle buyer rather than the general luxury market.
Waterfront Luxury in Bel Marin Keys. Experience resort-style living every day in this exceptional Mediterranean waterfront residence set within Marin's only waterski and wakeboard community. Here, your backyard becomes your launch point for an unmatched, active waterfront lifestyle. Originally built in 1987 and completely redesigned and expanded in 2006, this 4-bedroom, 3-bath masterpiece spans approximately 3,532 sq. ft., offering significantly more living space than most homes in the neighborhood. Every element reflects thoughtful design and superior quality. Sunlight pours through oversized Pella windows, framing sweeping water and greenery views and creating a seamless indoor-outdoor connection. Walnut hardwood floors flow through the main living areas, complemented by Italian travertine in the chef's kitchen and family room. The gourmet kitchen is a true centerpiece, featuring a 48-inch Thermador dual-fuel range, Gaggenau steam and convection ovens, two Bosch dishwashers, a Sub-Zero side-by-side refrigerator/freezer, and Sub-Zero wine storage for 147 bottles. The expansive island and open family area are designed for both everyday living and effortless entertaining-all set against breathtaking water vistas. Step outside to your private waterfront haven: a covered stone patio with built-in cabinetry, sink, refrigerator, and 42" BBQ-perfect for gatherings- flowing to a spacious natural stone terrace and down to an ipe deck and private dock. From here, enjoy immediate access to waterski, wakeboard, paddleboard, kayak, or simply relax beside the tranquil water- an everyday lifestyle rarely available in Marin. The primary suite is a serene retreat, opening to a private balcony- the perfect place for morning coffee or peaceful afternoons with a book and sweeping views. Dual walk-in closets provide exceptional storage, while the spa-inspired bath offers comfort and privacy, creating a true sanctuary within the home. Additional highlights include a dedicated office with custom cabinetry, HardieBoard siding, real-stone exterior accents, a whole-home generator, and meticulous craftsmanship throughout- features rarely found in this community. This is more than a home-it is a rare opportunity to live an active waterfront lifestyle, combining elegance, scale, and direct water access in one of Marin's most unique and sought-after neighborhoods.
No exterior & parking available.
Grades K-8 • 2.0 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,532 | 2,281 | 91% |
| Lot Size | 9,361 | 10,350 | 32% |
| Price | $3.00M | $1.50M | 96% |
| Price per sq ft | $848 | $624 | 83% |
| Built year | 1987 | 1972 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 181 | 2% |
Mar 18, 2026
$2,995,000
Initial Listing