902 Bel Marin Keys Boulevard, Novato, CA 94949, Novato, 94949 - 2 bed, 2 bath
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902 Bel Marin Keys Boulevard
Novato, CA 94949
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,342Sq Ft
1,276Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$806,653
SUMMARY
This Waterfront Townhouse is a Strong Value Opportunity, listed at $799,000—positioned well below the $806,654 Fair Market Value by 0.95%. This valuation gap offers $7,654 in Instant Equity. Featuring an Excellent Condition Rating, the home includes a private boat dock, Kauai Silent Spa, and bamboo deck with Mount Tam views. While HOA fees are notable, the lifestyle amenities and modern interior upgrades provide a turnkey sanctuary. This is an ideal acquisition for Owner-Occupants seeking a vacation-style lifestyle or lifestyle-focused buyers.
Estimated Market Value
$806,653
Based on Realkey algorithm analyzing recent comparable sales in Novato.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 902 Bel Marin Keys Boulevard Subject | $799,000* List Price | 2 | 2 | 1,342 | $601 | - |
A 93 Caribe Isle Pending | $919,000 List Price | 3 | 2 | 1,342 | $685 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1965, the property has undergone significant renovations likely within the last 5-15 years. It features a modern kitchen with stainless steel appliances, updated bathrooms with contemporary tiling, bamboo flooring, dual-paned windows, and central AC, making it well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Waterfront Lifestyle & Amenities
The property offers a premier waterfront lifestyle with a private boat dock providing direct access to San Francisco Bay, complemented by extensive community amenities including a Yacht Club, tennis, and pickleball courts.
- Modern Interior Upgrades
This home features high-quality interior finishes such as bamboo flooring, dual-paned windows, and central AC, ensuring modern comfort and energy efficiency in an open-concept layout.
- Scenic Outdoor Living
Capitalizing on its location, the property includes a bamboo deck with views of Mount Tam, a premium Kauai Silent Spa, and two separate outdoor entertaining spaces that create a true 'vacation at home' atmosphere.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $905 is significantly high, which increases the total monthly carrying cost and may limit the pool of qualified buyers.
- Moderate School Ratings
The property is served by schools with average to lower ratings, specifically a 4/10 for the middle school, which could be a deterrent for families prioritizing high-performing educational districts.
About 902 Bel Marin Keys Boulevard
What if you could vacation at home? Enjoy the comforts of home, in a waterfront setting. The newer Kauai Silent Spa makes it easy to unwind and jumpstart your wellness regime. Views of Mount Tam from a bamboo deck, a community pool, 2 separate outdoor entertaining spaces, a private garage (formerly used as an artist's studio)...6 miles of dirt trail including Bay Trail access...and a boat dock with access to San Francisco Bay. It's hard to top life, unbeatable weather or dreamy sunsets in Bel Marin Keys. This exceptional 2 bedroom home capitalizes on both views and location with it's open layout. Bamboo floors, inside side by side laundry, dual paned windows and central AC mean you don't have to sacrifice comfort for location. You'll never run out of things to do because the greater Bel Marin Keys community offers year round events, tennis, pickleball, basketball, bocce, a Yacht Club, Fitness Trail, playgrounds and boat launches. Yes, you can Boat to the bay and downtown Petaluma from here! You deserve the vacation life!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1965
- Lot Size
- 1,276 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $905 / Month
Neighborhood Insights
Novato Unified Schools
Hamilton Meadow Park School
Grades K-8 • 2.0 mi
4/10
Novato High School
Grades 9-12 • 2.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,342 | 1,682.6 |
| Lot Size | 1,276 | 1,365 |
| Price | $799.0K | $777.8K |
| Price per sq ft | $595 | $450 |
| Built year | 1965 | 1992 |
| HOA | $905 | $542 |
| Days on market | 15 | 66 |
Pricing History
Listed for Sale
Aug 25, 2026
$799,000
Initial Listing
Sold
Nov 9, 2020
$660,000
Public Record
Sold
Sep 20, 2013
$450,000
Public Record
Sold
May 29, 2009
$337,000
Public Record
Sold
May 12, 2006
$535,000
Public Record
Sold
Jul 1, 2004
$465,000
Public Record