Not on the market for decades and in the heart of downtown Novato. This versatile property offers the perfect blend of comfort, space, and potential. Boasting 3BR and 2.5BA + bonus room in the main residence, an attached apartment with 2BR and 1BA, and a huge detached workshop, this home is perfect for multi-generational living or live in one, rent the other! Step inside to discover a spacious interior with large-scale living spaces that provide a nostalgic setting for both relaxed family living and entertainment. Don't miss the attached 2BR/1BA apartment with a separate entrance above the main residence, offering additional living space for extended family, guests, or the possibility of generating rental income. Car enthusiasts, hobbyists and/or tradespeople will be thrilled by the huge 2-car garage plus another detached workshop/garage. Ideal for storing vehicles, indulging favorite hobbies or tradespeople who need on-site work space or storage. Enjoy easy access to a wide range of amenities, including Trader Joes, Dr. Insomniacs Coffee Shop, and other quaint downtown Novato shops and restaurants. Mature fruit trees & your own well! Don't miss the chance to make this wonderful property your own.
Closed
$1,100,000
725 Olive Avenue, Novato, CA 94945
5beds
2,524sqft
Single Family Residence
Built in ----
0.37 Acres Lot
$1,529,400 Zestimate®
$436/sqft
$6,138 Estimated rent
Home value
$1,529,400
$1.38M - $1.70M
$6,138/mo
Zestimate® history
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$6,941/mo
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List your homeWhat's special
Mature fruit treesDetached workshopHuge detached workshopAttached apartmentAdditional living spaceSeparate entranceLarge-scale living spaces
Zillow last checked:
Listing updated:
Listed by:
Susan Coleman DRE #01336715 415-378-2350,
Coldwell Banker Realty 415-461-3000
Bought with:
Nadia Hattar Rhoades, DRE #02043034
Coldwell Banker Realty
Source: BAREIS,MLS#: 323051132
Originating MLS: Marin County
Originating MLS: Marin CountyFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Features: Closet
Bedroom
- Level: Main
Primary bathroom
- Features: Tile, Window
Bathroom
- Features: Shower Stall(s), Skylight/Solar Tube
- Level: Main
Dining room
- Features: Dining/Family Combo
- Level: Main
Family room
- Level: Main
Kitchen
- Features: Pantry Closet
- Level: Main
Living room
- Level: Main
Heating
- Natural Gas
Cooling
- Ceiling Fan(s)
Appliances
- Included: Disposal, Double Oven, Electric Cooktop, Free-Standing Refrigerator, Range Hood
- Laundry: Cabinets, Hookups Only, Inside Room
Features
- Storage, In-Law Floorplan
- Flooring: Carpet, Tile, Vinyl, Wood
- Windows: Skylight Tube
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Brick, Living Room, Wood Burning
Interior area
- Total structure area: 2,524
- Total interior livable area: 2,524 sqft
Property
Parking
- Total spaces: 9
- Parking features: Attached, Enclosed, Garage Faces Front, Inside Entrance, Paved
- Attached garage spaces: 4
- Uncovered spaces: 5
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Front Porch
- Fencing: Chain Link,Wood
Lot
- Size: 0.37 Acres
- Features: Landscape Misc
Details
- Additional structures: Second Garage, Workshop
- Parcel number: 15302141
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Raised
- Roof: Composition,Shingle
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, Well
- Utilities for property: Public
Community & neighborhood
Location
- Region: Novato
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/6/2023 | Sold | $1,100,000+12.8%$436/sqft |
Source:  BAREIS #323051132 Report a problem | ||
| 8/21/2023 | Pending sale | $975,000$386/sqft |
Source:  BAREIS #323051132 Report a problem | ||
| 7/25/2023 | Listed for sale | $975,000$386/sqft |
Source: BAREIS #323051132 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,197 | $1,135,000 +13.5% |
| 2024 | -- | $1,000,000 +280.7% |
| 2023 | $2,726 -0.8% | $262,708 +2% |
| 2022 | $2,748 -5.4% | $257,559 +2% |
| 2021 | $2,905 -6.3% | $252,510 +1% |
| 2020 | $3,100 -29.6% | $249,922 +2% |
| 2019 | $4,400 +2% | $245,021 +2% |
| 2018 | $4,312 +2.3% | $240,218 +2% |
| 2017 | $4,216 +6.7% | $235,508 +2% |
| 2016 | $3,950 +2.2% | $230,892 +1.5% |
| 2015 | $3,865 +3.4% | $227,423 +2% |
| 2014 | $3,737 | $222,969 +0.5% |
| 2013 | -- | $221,962 +2% |
| 2012 | -- | $217,611 +2% |
| 2011 | -- | $213,345 +0.8% |
| 2010 | -- | $211,751 -0.2% |
| 2009 | -- | $212,255 +2% |
| 2008 | -- | $208,093 +2% |
| 2007 | -- | $204,012 +2% |
| 2006 | -- | $200,013 +2% |
| 2005 | -- | $196,092 +2% |
| 2004 | -- | $192,248 +1.9% |
| 2003 | -- | $188,725 +2% |
| 2002 | -- | $185,025 +2% |
| 2001 | -- | $181,398 |
Find assessor info on the county website
Neighborhood: 94945
Nearby schools
GreatSchools rating
- 7/10Olive Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Sinaloa Middle SchoolGrades: 6-8Distance: 1.8 mi
- 10/10San Marin High SchoolGrades: 9-12Distance: 2.5 mi
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Estimated market value
$1,529,400
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Estimated market value
$1,529,400
- California
- Marin County
- Novato
- 94945
- 725 Olive Avenue
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