Wow - significant price reduction! Glorious Bel Marin Keys! This beautifully appointed water-front single level home is ideally situated on one of the most sought-after streets in the Keys. The sheltered back deck offers a peaceful retreat, protected from the wind - perfect for year-round enjoyment. An open, light-filled floor plan paired with a desirable exposure captures breathtaking, expansive water views and unforgettable sunrises, creating a truly serene waterfront lifestyle. This one-of-a-kind community offers resort-like living with amenities including boating, swimming, water skiing, fishing, etc. along with a community clubhouse that hosts a variety of social events.
Active under contract
Price cut: $199K (6/10)
$1,300,000
45 Bahama Reef, Novato, CA 94949
3beds
1,625sqft
Single Family Residence
Built in 1977
10,619 Square Feet Lot
$1,257,000 Zestimate®
$800/sqft
$-- HOA
What's special
Protected from the windWater-front single level homeUnforgettable sunrisesOpen light-filled floor plan
- 68 days |
- 954 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Sue S Curtis DRE #00596568 415-606-4743,
W Real Estate 707-591-0570
Source: BAREIS,MLS#: 326025794
Originating MLS: Sonoma
Originating MLS: SonomaFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom
- Level: Main
Dining room
- Features: Dining/Living Combo
- Level: Main
Kitchen
- Level: Main
Living room
- Features: Cathedral/Vaulted
- Level: Main
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Washer
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas Log
Interior area
- Total structure area: 1,625
- Total interior livable area: 1,625 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Garage Door Opener, Garage Faces Front
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Waterfront features: Lake Privileges
Lot
- Size: 10,619 Square Feet
Details
- Parcel number: 15737308
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Water District
- Utilities for property: Electricity Connected, Natural Gas Connected, Public, Sewer Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Novato
Financial & listing details
- Price per square foot: $800/sqft
- Tax assessed value: $439,253
- Annual tax amount: $8,821
- Date on market: 4/18/2026
- Electric utility on property: Yes
Estimated market value
$1,257,000
$1.19M - $1.32M
$5,493/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/14/2026 | Pending sale | $1,300,000$800/sqft |
Source:  BAREIS #326025794 Report a problem | ||
| 6/10/2026 | Price change | $1,300,000-13.3%$800/sqft |
Source: BAREIS #326025794 Report a problem | ||
| 5/8/2026 | Price change | $1,499,000-4.8%$922/sqft |
Source: BAREIS #326025794 Report a problem | ||
| 4/18/2026 | Listed for sale | $1,575,000$969/sqft |
Source: BAREIS #326025794 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,821 +1.9% | $439,253 +2% |
| 2024 | $8,660 +29.3% | $430,642 +2% |
| 2023 | $6,698 +3% | $422,200 +2% |
| 2022 | $6,501 -6.8% | $413,923 +2% |
| 2021 | $6,979 -3.9% | $405,806 +1% |
| 2020 | $7,261 +3.9% | $401,646 +2% |
| 2019 | $6,990 +1.5% | $393,771 +2% |
| 2018 | $6,890 +1.7% | $386,051 +2% |
| 2017 | $6,774 +5.9% | $378,483 +2% |
| 2016 | $6,395 +1.5% | $371,062 +1.5% |
| 2015 | $6,301 -1.6% | $365,488 +2% |
| 2014 | $6,405 | $358,330 +0.5% |
| 2013 | -- | $356,713 +2% |
| 2012 | -- | $349,720 +2% |
| 2011 | -- | $342,863 +0.8% |
| 2010 | -- | $340,303 -0.2% |
| 2009 | -- | $341,113 +2% |
| 2008 | -- | $334,425 +2% |
| 2007 | -- | $327,868 +2% |
| 2006 | -- | $321,440 +2% |
| 2005 | -- | $315,138 +2% |
| 2004 | -- | $308,960 +1.9% |
| 2003 | -- | $303,300 +2% |
| 2002 | -- | $297,355 +2% |
| 2001 | -- | $291,525 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Bel Marin Keys
Nearby schools
GreatSchools rating
- 4/10Hamilton Meadow Park SchoolGrades: K-8Distance: 2.1 mi
- 8/10Novato High SchoolGrades: 9-12Distance: 3.4 mi
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- California
- Marin County
- Novato
- 94949
- Bel Marin Keys
- 45 Bahama Reef
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