90 Summers Avenue, Novato, CA 94945, Novato, 94945 - 3 bed, 2 bath
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Novato, CA 94945
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $872,017 Fair Market Value by -3%. While the property requires a full rehabilitation due to its Fair Condition Rating, the expansive 12,184 square foot lot and prime location near top-rated schools offer significant upside for forced appreciation. This asset is a blank canvas for those looking to modernize aging infrastructure. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in Novato.
Property is extensive renovation needed.
Built in 1955 and unrenovated for over 40 years, the property is in original condition. The kitchen features highly dated cabinetry, 1970s-style linoleum, and obsolete appliances. The use of wall heaters and the overall interior state indicate that systems and finishes are well beyond their functional lifespan, requiring a full rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12184, living area = 1845.
The property sits on a generous 12,184 square foot lot, providing significant outdoor space and rare potential for expansion or ADU development in a desirable neighborhood.
Ideally located within the Rudnick Highlands subdivision, the home offers convenient access to top-rated local schools including Olive Elementary, Sinaloa Middle, and San Marin High.
Offered for the first time in over 40 years as a 'rare canvas,' the property likely requires a comprehensive remodel to update its 1950s-era finishes and systems.
Given the long-term ownership and age of the structure, buyers should anticipate the need for significant investment in modernizing aging infrastructure such as plumbing, electrical, and roofing.
Step into a rare offering. First time on the market in over four decades. Set on an expansive 12,000+ square foot lot, this 1,800+ square foot residence presents an exceptional opportunity to create something truly extraordinary. The home features three bedrooms, two bathrooms, and a versatile flex room, along with additional functional space beneath ideal for storage or future customization. Located in the desirable Rudnick Highland subdivision, this property offers a prime setting near Olive Elementary, Sinaloa Middle School, and San Marin High School. Enjoy convenient access to nearby shopping, dining, and everyday amenities. A rare canvas in a highly desirable location bring your vision to life.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,845 | 1,989 | 45% |
| Lot Size | 12,184 | 9,252 | 66% |
| Price | $899.0K | $1.13M | 28% |
| Price per sq ft | $487 | $573 | 21% |
| Built year | 1955 | 1973 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 142 | 3% |
May 8, 2026
$899,000
Initial Listing