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$515,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,119 Sq. Ft.
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Stunning View Two Bed, Two Bath Condo in Prime Novato Location! Live the Novato lifestyle in this top-floor corner unit with no shared walls and no immediate neighbors, peace, privacy, and views included! Located near the Vintage Shopping Center with quick freeway access for an easy commute, this condo checks all the boxes. Freshly painted with newly installed carpeting, tasteful updates, and an extra storage unit, it's truly move-in ready. Large, sunny primary bedroom with walk-in closet and primary bath. Updated hallway bath and bright 2nd bedroom. One car reserved carport parking plus plenty of guest parking. Enjoy elevator access, a private deck ideal for sunrises and sunsets, and expansive views. The HOA delivers resort-style living with a pool, hot tub, and tennis courts. Location, lifestyle, and low-maintenance living all in one incredible package!

Full Property Details for 18 Margarita Terrace

General

  • Price: $515,000
  • HOA FEE: $691/month
  • Status: Active
  • Type: Condo
  • Source: BAREIS
  • MLS ID: 326006757
  • Updated: 1/30/2026
  • Added to Site: 16 day(s) ago

Interior

  • Rooms/Areas: Baths Other, Dining Room, Family Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Storage
  • Interior Features: Elevator, Storage Area(s), Wet Bar
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Brick, Wood-Burning
  • Appliances: Dishwasher, Disposal, Free Standing Electric Oven, Free Standing Electric Range, Free Standing Refrigerator
  • Flooring: Carpet, Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Quartz, Shower Stall(s), Skylight/Solar Tube, Tile

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: Walk-In Closet

Other Rooms

  • Family Room: Deck Attached, View
  • Kitchen: Laminate Counter
  • Dining Room: Dining Bar, Dining/Family Combo
  • Laundry: Dryer Included, Washer Included

Additional Information

  • Shared Amenities: Clubhouse, Pool, Spa/Hot Tub, Tennis Courts
  • Pool: Yes
  • Pool Description: Common Facility
  • Security/Safety: Carbon Mon Detector, Fire Alarm, Fire Suppression System, Secured Access, Smoke Detector

Parking

  • Garage: Yes
  • Carport: 1
  • Garage Description: Assigned, Covered, Detached, Guest Parking Available

Location

  • Cross Streets: Redwood Blvd
  • Driving Directions: 101 to Rowland Blvd. West on Rowland, left on Redwood Blvd. Right turn into Margarita Terrace. Guest parking in unmarked stalls

School Information

  • School District: Marin
  • Elementary School: Novato Unified
  • Middle School: Novato Unified
  • High School: Novato Unified

Community

  • Association: Yes
  • Assoc. Fees Include: Common Areas, Elevator, Insurance on Structure, Maintenance Exterior, Maintenance Grounds, Management, Pool, Recreation Facility, Roof, Trash

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Internet Available, Public

Structural Information

  • Architectural Style: Colonial
  • Windows: Window Screens
  • Stories/Levels: 1
  • Square Feet: 1,119
  • Sq. Ft. Source: Assessor Auto-Fill
  • Year Built: 1979

Lot Features

  • Property View: Bay, Bridges, City, Hills, Mountains
  • Mountain views: Yes
  • Lot Size (Acres): 0.0257
  • Lot Size (Sq. Ft.): 1,119
  • Lot Description: Other

Financial Considerations

  • Association Fee: $691
  • Assoc Fee Freq.: Monthly

Disclosures and Reports

  • Special Conditions: Offer As Is, Trust
  • Restrictions: Rental(s)
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 18 Margarita Terrace —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 18 Margarita Terrace

School District:Novato Unified School District
NameGradesDistance
Lynwood Elementary School
1320 Lynwood Drive, Novato, CA 94947
K-50.4 mi
San Jose Intermediate
1000 Sunset Parkway, Novato, CA 94949
6-81.1 mi
Novato High School
625 Arthur Street, Novato, CA 94947
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 18 Margarita Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,016
2%
$181,826
2%
2024
$2,950
2%
$178,261
2%
2023
$2,887
3%
$174,766
2%
2022
$2,813
—
$171,339
2%
2021
$2,805
1%
$167,980
1%
2020
$2,769
6%
$166,258
2%
2019
$2,609
2%
$162,998
2%
2018
$2,560
10%
$159,802
2%
2016
$2,333
—
$156,670
2%
2016
$2,333
2%
$153,598
2%
2015
$2,284
3%
$151,290
2%
2014
$2,212
1%
$148,328
—
2013
$2,186
—
$147,658
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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18 Margarita Terrace, Novato, CA 94947 (MLS# 326006757) is a Condo property with 2 bedrooms and 2 full bathrooms. 18 Margarita Terrace is currently listed for $515,000 and was received on January 30, 2026. This property is listed by Jennifer Chou from our Greenbrae Office.Want to learn more about 18 Margarita Terrace? Do you have questions about finding other Condo real estate for sale in Novato? You can browse all Novato real estate or contact a Coldwell Banker agent to request more information.

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