49 Ignacio Lane, Novato, CA 94949
OFF MARKET

49 Ignacio Lane
Novato, CA 94949

  • Studio
  • 2 Baths
  • 6,800 sqft (on 0.68 acres)

$3,104,100

Trulia Estimate
as of May 20, 2026
Est. Refi. Payment $18,923/mo*
Refinance Your Home

$3,104,100

Trulia Estimate
as of May 20, 2026
Est. Refi. Payment $18,923/mo*
Refinance Your Home
Studio
2 Baths
6,800 sqft
(on 0.68 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Ignacio Lane Apartments is a well located property adjacent to open space and neighborhood retail, offering 10 stylish, loft-like studios, each with private outdoor areas. Well maintained and fully occupied, the property presents an excellent investment opportunity that provides immediate cash flow. The building benefits from recently replaced electrical subpanels, roof, common water heater, and new card operated laundry machines. Select units are updated with vinyl plank flooring, granite countertops, and stainless steel electric appliances. The property is turnkey with demonstrated high rents of $2,000/mo plus a utility reimbursement program to offset water and garbage expenses. 5.01% Cap Rate on current rents, and a 5.63% Cap Rate with all rents at the demonstrated high of $2,000. Ignacio Lane Apartments is a quality investment asset, positioned to provide its new owner with immediate, reliable cash flow and long-term appreciation in a highly constrained, blue-chip Bay Area submarket.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 06, 2023
Contact this Building
Property Website

Home Highlights

Parking
10 Carport Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 49 Ignacio Lane

Active Status

MLS Status: Closed

Interior Features

Interior Details
Number of Rooms: 4
Beds & Baths
Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 6800 Square Feet
Appliances & Utilities
Appliances: Washer/Dryer LeasedLaundry: Coin Operated
Heating & Cooling
Heating: Wall FurnaceHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Wall Furnace
View
No View

Exterior Features

Parking & Garage
Number of Carport Spaces: 10Has a CarportNo GarageNo Attached GarageNo Open ParkingParking Spaces: 10Parking: Covered
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Apartment, ApartmentsArchitecture: Apartment,Apartments
Property Information
Parcel Number: 16020122

Price & Status

Price
List Price: $3,000,000
Status Change & Dates
Possession Timing: Close Of Escrow, Subject To Tenant Rights

Location

Direction & Address
City: Novato

Building

Building Area
Building Area: 6800 Square Feet

HOA

Association for this Listing: Marin CountyNo HOA

Lot Information

Lot Area: 0.68 acres

Documents

Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing Info

Special Conditions: Standard

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 323047566Listing Url
Last check for updates: about 4 hours ago
Listed by John W Garrett DRE #01421403, (415) 652-8431
Marcus & Millichap Real Estate, (310) 909-5500
Bought with: John W Garrett DRE #01421403, (415) 652-8431, Marcus & Millichap Real Estate, (310) 909-5500
Originating MLS: Marin County
Source: BAREIS, MLS#323047566

Price History for 49 Ignacio Lane

DatePriceEventSource
11/30/2023$2,900,000Sold
BAREIS #323047566
08/23/2023$3,000,000ContingentBAREIS #323047566
07/11/2023$3,000,000Listed For SaleBAREIS #323047566
03/24/2021ListingRemovedN/A
07/19/2017$1,750ListingRemovedN/A
07/13/2017$1,750Listed For RentN/A
06/23/2014$1,315,000Sold
N/A
07/15/2010$980,500Sold
N/A
04/02/2004$103,500Sold
N/A
05/30/2001$1,045,000Sold
N/A
09/21/1999$729,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax
Assessment$2,957,920
Home facts updated by county records

Comparable Sales for 49 Ignacio Lane

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
28 - 32 Shannon Court, Novato, CA
1.42
Multi-Family Home
$1,225,000
12/26/25
4
2
2,566
199 Posada Del Sol, Novato, CA
0.76
Multi-Family Home
$19,000,000
07/24/25
129
3
69,088
36 Shannon Court, Novato, CA
1.44
Multi-Family Home
$1,225,000
05/01/26
4
3
2,566
19 - 23 Shannon Court, Novato, CA
1.42
Multi-Family Home
$1,275,000
05/18/26
4
4
2,800
729 - 733 Cherry Street, Novato, CA
3.17
Multi-Family Home
$4,150,000
11/04/25
-
10,368

Assigned Schools

These are the assigned schools for 49 Ignacio Lane.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Novato

At least 338 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 87 % Say car is needed

  • 83 % Say there are sidewalks

  • 81 % Say parking is easy

  • 74 % Say there's wildlife

  • 74 % Say there's holiday spirit

  • 74 % Say people would walk alone at night

  • 71 % Say yards are well-kept

  • 69 % Say it's quiet

  • 64 % Say streets are well-lit

  • 62 % Say neighbors are friendly

  • 61 % Say they plan to stay for at least 5 years

  • 60 % Say kids play outside

  • 54 % Say it's walkable to grocery stores

  • 52 % Say it's walkable to restaurants

  • 43 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • BB
    "Many people walk their dogs here and there is a pretty good dog park. Not everyone is friendly however and many people will actively avoid you if they see you with a dog. This is the opposite of mendocino county where I made lots of close relationships with my neighbors from dog walking. I would not expect that here."
    0
    Flag
  • Bpnhmyj6cg
    "I have lived within walking distance of downtown Novato for over 15 years. In the past five years, I feel the town seems to be making more of an effort to create events. There are a good variety of restaurants and grocery stores. It’s safe and there is great access to nature and hikes, particularly Indian Valley Campus is beautiful. My neighbors are kind and the area is dog friendly. I feel fairly safe, though I would not walk alone at night as a woman. There is some homelessness and I have been harassed before by people who are drunk or on drugs, but this is an issue in any city these days. It’s not frequent. That said, it’s very expensive to live here and it gets very hot! Make sure you have AC"
    0
    Flag
  • Viny Chu
    "I see walking their dogs and smile. They love the fresh air. They have a beautiful view of the countryside. It’s clean and friendly."
    0
    Flag
  • Viny Chu
    "This neighborhood is beautiful. The colors are so vibrant. I love the looks. It makes you feel happy."
    0
    Flag
  • Nick
    "There are numerous dog parks across Novato. Even if you are walking your dog in your immediate neighborhood, the sidewalks and walking paths are pretty clean. Just about everyone is friendly and accepting of dogs on a leash. "
    0
    Flag
  • Gladys Castro
    "My neighborhood is very safe. No loud cars no noisy people no fights and very accessible to parks , restaurants and and schools "
    0
    Flag
  • Vlopez262002
    "Great parks and kids activities including sports for all ages. Great private schools and community. "
    0
    Flag
  • Ginamwhitmore
    "I’ve lived in this neighborhood for 15 years and it’s lovey. The neighbors are incredible! Friendly and down to earth. "
    0
    Flag
  • Brookegray
    "Not much. We currently live in the planned development. Looking to switch neighborhoods but stay in Novato."
    0
    Flag
  • Trulia User
    "it's a diverse community and very clean. There are lots of children and it is safe enough for them to play outside. "
    1
    Flag
  • Trulia User
    "Easy access to hwy and free ways. Close to all neighboring cities. Can bike, use train, bus or personal car easily "
    0
    Flag
  • William G. O. E.
    "Great location near the art museum, walking and hiking trails, generally well kept neighborhoods and courtesy among neighbors. "
    1
    Flag
  • Pat A.
    "Farmers market every week. Local bar and restaurants. Dog friendly. Kid friendly. Family neighborhood "
    2
    Flag
  • Evelyn N. C.
    "The calmness and the relaxation and nature to walk or hike around makes Novato or Marin County very unique and special."
    0
    Flag
  • Bill O.
    "Great walking areas; coast trails, biking, parks, art museum and convenient shopping nearby. Not far off major highway. Quiet, peaceful, community advocates for keeping areas in good condition. Some security walls are in need of repair but overall well cared for neighborhoods. "
    0
    Flag
  • Katharine B.
    "It's very family friendly and nature surrounds us. Great area for walking, running. Close to schools. "
    4
    Flag
  • Larmistead
    "Nope ,people are. Not very social. But this is a known bedroom type community ! Near a park . Lovely Mount Burdell. Near Novato creek and Stanford lake. "
    0
    Flag
  • Shelayna L.
    "Many people have dogs. People are always about walking them and are usually aware of how dogs should meet. "
    3
    Flag
  • Jpelico81
    "great place to live, beautiful and safe, nice place to have family and work, I live here for 9 years and don't want to move "
    1
    Flag
  • Trulia User
    "San Marin has an annual neighborhoodwide garage sale, and they have lots of activities for kids in the summer months. "
    2
    Flag
  • Leif G.
    "I live in a highway community, which means no community at all, just a quick way to get on and off a highway."
    0
    Flag
  • Taylor A.
    "Not many.... that I know! still.... good, quiet area to live!!! Close to shopping malls, places to walk, hike, places to walk your dogs! Costco,Safeway, lots of good eateries!!!!"
    1
    Flag
  • Wrapproductions
    "Everyone looks out for one another and never any neighbor conflicts. I love how big everyone decorates their houses for the holidays "
    1
    Flag
  • Cynthia N.
    "the way the family's decorate their home for Halloween and the thousands of lights that they use for Christmas and the horse and carriage that takes you through the neighborhood to see the Christmas decorations"
    1
    Flag
  • AW
    "Awful to the city during rush hour, ok outside of rush hour. Even driving to other cities in Marin is a nightmare during morning rush hour."
    0
    Flag
  • Catherinepsylvester
    "Good bus access but long drive to the ferry. Terrible commute in car to city unless you leave early "
    4
    Flag
  • Nevinsbrunilda
    "Walking your dog . This is a dog friendly neighborhood. Peaceful streets to walk your dog. Lots of greenery."
    2
    Flag
  • Alexaguedezoberto
    "Dog owners in my neighborhood would like that everyone is very kind and welcoming to all people and pets. "
    0
    Flag
  • Charlene L.
    "My neighbors are friendly and we all take care of our homes, the commute is normal, can be busy but worth it"
    0
    Flag
  • Elizabeth W.
    "gets busy during school drop off and pick up times traffic south on the 101/37 (Novato south on ramp)gets busy from 6:30am-10am and busy on the 101 north from 4:30pm-6:30pm(Atherton on ramp)"
    0
    Flag
  • Rckaplan
    "Long and slow. Vallejo to san rafael. I hate it. And there’s no way out of Novato without getting on 101 at some point."
    0
    Flag
  • Mikamogilnicki
    "Great trails in Hamilton Area. Smart Train stops is here. Great Library. I feel more people should be able to ride horses here with a bag attached for waste. Too close to the refinery."
    0
    Flag

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Off Market Homes Near 49 Ignacio Lane

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All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.

Homes for rent near 49 Ignacio Lane

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49 Ignacio Lane, Novato, CA 94949 is a studio, 6,800 sqft multi-family built in 1974. This property is not currently available for sale. 49 Ignacio Lane was last sold on Nov 30, 2023 for $2,900,000 (3% lower than the asking price of $3,000,000). The current Trulia Estimate for 49 Ignacio Lane is $3,104,100.