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164 Montego Key, Novato, CA, 94949

2beds
2baths
1,324sqft
$1,438,000
$1,086price/sqft
$9,590/moest. monthly cost
$383,600/yrincome needed

About This Home

Sweeping south-facing water views define this beautifully positioned single-level waterfront home in Bel Marin Keys. Overlooking one of the community's widest waterways, the home enjoys an exceptional setting with abundant natural light and distant views of Mount Tamalpais completing the picturesque backdrop. A welcoming circular driveway creates an elegant sense of arrival, while the front door opens to immediate sightlines through the living room and out to the water beyond. Thoughtfully designed for effortless everyday living, the two-bedroom, two-bath floor plan offers hardwood floors, a charming kitchen with granite countertops, an adjoining dining area, and a spacious living room with sliding glass doors that seamlessly connect to the waterfront backyard. The primary suite is perfectly positioned to capture the views and features an ensuite bath with direct access to the outdoor living spaces. A guest bedroom, full bath, dedicated laundry closet, and attached two-car garage with generous storage complete the home. Outside, a spacious paver patio, level turf, mature fruit trees, private boat dock, and waterside seating area create an inviting setting for entertaining or simply enjoying the Bel Marin Keys lifestyle. Whether boating, paddleboarding, kayaking, or relaxing as the light dances across the water, this home offers an exceptional opportunity to experience waterfront living at its finest. Conveniently located near Highway 101 with easy access to Marin, Sonoma, Napa, and San Francisco, this is a rare opportunity to enjoy single-level living in one of Bel Marin Keys' most desirable waterfront locations.

Getting Around

3
WalkingCar-Dependent
0
TransitNo Nearby Transit
29
BikeSomewhat Bikeable

Schools

4/10
8/10
Novato High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1964

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Gas Range,Free-Standing Refrigerator,Microwave,Dryer,Washer
  • Laundry features: Laundry Closet

Basement

  • Basement: None

Bathroom

  • Features: Shower Stall(s),Tile,Tub w/Shower Over,Window
  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Dining/Living Combo
  • Level: Main

Features

  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 1,324
  • Total interior livable area: 1,324 sqft

Kitchen

  • Features: Granite Counters
  • Level: Main

Living Room

  • Features: Great Room,View
  • Level: Main

Master Bedroom

  • Features: Closet,Ground Floor,Outside Access,Sitting Area
  • Level: Main

Property

Details

  • Parcel number: 15724204
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio
  • Fencing: Wood
  • Has view: Yes
  • View description: Hills,Mt Tamalpais,Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 10,240 sqft
  • Features: Landscaped,Landscape Front,Other

Parking

  • Total spaces: 5
  • Parking features: Attached,Garage Faces Front,Inside Entrance,Uncovered Parking Spaces 2+,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Drought
Inland Flooding

FEMA Declared Disasters in Marin County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,271$87,252
Home Insurance *$221$2,652
Property Taxes $1,700$20,400
Electricity $398$4,786
Total$9,590$115,080
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$328,800/yr
40% on housing$287,700/yr
45% on housing$255,733/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,086This listing

vs Other Active Listings

Avg $/sqft

ZIP 94949$452
Marin County$773

vs Homes Sold Last Month

Median $/sqft

ZIP 94949$700
Marin County$805

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-06Listed for sale$1,438,000
2021-05-05Sold$1,238,000
2019-06-22Listing removed$1,295,000
2019-05-05Listed for sale$1,295,000
2019-03-03Listing removed$1,400,000
2018-11-21Price change$1,400,000
2018-10-27Listed for sale$1,500,000
2008-11-12Sold$550,000

For Sale by Agent

AgentCorey Robinson
BrokerageJourney Real Estate

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