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Listed by Jim L Armstrong Coldwell Banker Realty
$ 1,285,000
Est. payment /mo
Active
1723 Novato BLVD Novato, CA 94947
0.53 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID 326074642
HOA Y/N No
Lot Size 0.528 Acres
Acres 0.5281
Property Sub-Type Residential Lot
Property Description
Opportunity Knocks! Seller establishing exchange has reduced price >$300,000 from initial valuation after 26 days! Rare find with Multigenerational Use potentials. Well Maintained Vintage Residence on private level + acre lot in highly desirable close to town location. Property offers an exceptional opportunity and significant upside value and use potentials for investors, developers or owner users alike. R10 & PD Zoning can allow additional lot splits and / or up to 10 units plus a wide range of unique use potentials including both business and residential applications, subject to City review. Create a unique family compound, establish a home business, add additional dwellings, create extra incomevirtually unlimited potentials to create your own unique project with zoning in place. The Home is full of character, soaring ceilings, hardwood floors, and many original features and upgrades. An oversized basement of approximately 1,400 +/- additional sq. ft offers amazing additional space, ideal as a workshop, studio, storage, or future project. Outside, enjoy a mature orchard and an auxiliary storage structure, all served by public utilities and water, plus a pre-existing well that may be reconnectable, subject to City verification. Land Use: Existing General Plan standards allow for an extensive list of Additional Uses which may include home occupations, live work, senior or child residential care, school or religious use, multi family, B&B, and much more, (see use tables), or possible rezone for commercial use, per City review. The Opportunity. Whether you're an owner-user looking to live in the existing home while exploring additional development, a multigenerational family seeking space and flexibility, or an investor/developer eyeing significant upside value and additional income potentials, this property delivers a rare opportunity in a premier location. A full disclosure package and feasibility review is available upon request.
Location
State CA
County Marin
Area Novato
Exterior
Fence Partial, Wood
Utilities Available Cable Connected, Public, Water Connected, See Remarks
Waterfront Description Domestic Well Capped,Meter on Site,Public,See Remarks
Road Frontage City Street
Private Pool No
Building
Lot Description See Remarks
Sewer Public Sewer, See Remarks
Water Domestic Well Capped, Meter on Site, Public, See Remarks
Others
Tax ID 14003143
Special Listing Condition Standard
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