This exquisite 3-bed, 3-bath waterfront home combines luxury and tranquility with a 4th bonus room and a large loft. You'll enjoy spacious living areas with two large primary suites, both with en suites. One is on the main level with French doors leading to the backyard deck and water views. The other is upstairs with a private balcony, walk-in closet, soaking tub, and large shower. Features include a large loft, skylights, vaulted ceilings, gas fireplace, dual-paned windows, new Berber carpet upstairs, and wood plank and tile floors downstairs. Additional highlights include hydronic heating, tankless water heater, central vacuum, and a laundry chute. Floor-to-ceiling windows bring in natural light and showcase water views from every room. The country kitchen includes a pantry and gas range and opens to the main living areas. Hydraulic piers provide added stability for waterfront living. The backyard is ideal for entertaining with a sandy beach, outdoor kitchen, fire pit, large Trex deck with awning, mature palm trees, and a private dock with hydro hoist boat lift. Bel Marin Keys offers boat ramps, docks, tennis, bocce, pickleball, playgrounds, a community center, events, and fitness stations. Whether you're into boating, paddle boarding, or relaxing by the water, this is the ideal setting. This home offers a lifestyle that feels like a vacation every day. Make this dream home your reality!
Active
$1,995,000
124 Montego Key, Novato, CA 94949
3beds
2,613sqft
Est.:
Single Family Residence
Built in 1964
9,600.62 Square Feet Lot
$1,939,700 Zestimate®
$763/sqft
$-- HOA
What's special
Large loftGas fireplaceNew berber carpet upstairsLaundry chuteTwo large primary suitesHydronic heatingCentral vacuum
- 19 days |
- 1,533 |
- 52 |
Zillow last checked: 7 hours ago
Listing updated: April 08, 2026 at 10:41am
Listed by:
Andrea D Kraemer DRE #02002761 415-408-1091,
Coldwell Banker Realty 415-897-3000
Source: BAREIS,MLS#: 326023136
Originating MLS: Marin County
Originating MLS: Marin CountyTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Balcony, Sitting Area, Walk-In Closet(s)
- Level: Main
Bedroom
- Level: Main
Primary bathroom
- Features: Bidet, Shower Stall(s), Skylight/Solar Tube, Soaking Tub, Tile
Bathroom
- Level: Main,Upper
Dining room
- Features: Dining/Family Combo
- Level: Main
Kitchen
- Features: Granite Counters, Kitchen Island, Pantry Closet, Skylight(s)
- Level: Main
Living room
- Features: Cathedral/Vaulted, Great Room, Skylight(s)
- Level: Main
Heating
- See Remarks
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Tankless Water Heater, Dryer, Washer
Features
- Flooring: Carpet, Tile, Wood
- Windows: Skylight(s)
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas Starter, Living Room
Interior area
- Total structure area: 2,613
- Total interior livable area: 2,613 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Boat, Boat Storage, Deck, Garage Door Opener, Garage Faces Front, Guest, Inside Entrance
- Attached garage spaces: 2
Features
- Stories: 2
- Patio & porch: Awning(s)
- Exterior features: Balcony, Fire Pit, Dock
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Mountain(s), Mt Tamalpais, Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake Privileges
Lot
- Size: 9,600.62 Square Feet
- Features: Cul-De-Sac, Dead End, Landscaped, Landscape Front, Low Maintenance, Street Lights
Details
- Parcel number: 15724214
- Special conditions: Offer As Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
Condition
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Subdivision: Bel Marin Keys
HOA
- Has HOA: No
Location
- Region: Novato
Financial & listing details
- Price per square foot: $763/sqft
- Tax assessed value: $510,823
- Annual tax amount: $9,928
- Date on market: 3/23/2026
- Road surface type: Paved
Estimated market value
$1,939,700
$1.84M - $2.04M
$6,045/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2026 | Listed for sale | $1,995,000+36172.7%$763/sqft |
Source:  BAREIS #326023136 Report a problem | ||
| 1/25/2023 | Sold | $5,500$2/sqft |
Source: Agent Provided Report a problem | ||
| 9/30/2022 | Price change | $5,900-9.2%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/16/2022 | Listed for rent | $6,500+8.3%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/11/2019 | Listing removed | $6,000$2/sqft |
Source: BHHS Drysdale Properties #21906577 Report a problem | ||
| 3/27/2019 | Listed for rent | $6,000+13.2%$2/sqft |
Source: BHHS Drysdale Properties #21906577 Report a problem | ||
| 11/6/2011 | Listing removed | $5,300$2/sqft |
Source: Bradley Real Estate Report a problem | ||
| 9/8/2011 | Listed for rent | $5,300$2/sqft |
Source: Bradley Real Estate Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,928 +1.9% | $510,823 +2% |
| 2024 | $9,740 +25.7% | $500,810 +2% |
| 2023 | $7,750 +2.8% | $490,990 +2% |
| 2022 | $7,540 -9.1% | $481,363 +2% |
| 2021 | $8,298 -4.8% | $471,925 +1% |
| 2020 | $8,713 +4.7% | $467,088 +2% |
| 2019 | $8,320 -4.2% | $457,932 +2% |
| 2018 | $8,689 +1.8% | $448,954 +2% |
| 2017 | $8,532 +12.1% | $440,152 +2% |
| 2016 | $7,609 +1.5% | $431,524 +1.5% |
| 2015 | $7,495 +1.7% | $425,042 +2% |
| 2014 | $7,371 | $416,718 +0.5% |
| 2013 | -- | $414,836 +2% |
| 2012 | -- | $406,703 +2% |
| 2011 | -- | $398,731 +0.8% |
| 2010 | -- | $395,752 -0.2% |
| 2009 | -- | $396,693 +2% |
| 2008 | -- | $388,915 +2% |
| 2007 | -- | $381,291 +2% |
| 2006 | -- | $373,818 +2% |
| 2005 | -- | $366,488 +2% |
| 2004 | -- | $359,302 +1.9% |
| 2003 | -- | $352,718 +2% |
| 2002 | -- | $345,804 +2% |
| 2001 | -- | $339,025 |
Find assessor info on the county website
Monthly payment
Est. payment
$11,956/mo
Principal & interest
$10077
Property taxes
$1879
More affordability tools
Climate risks
Neighborhood: Bel Marin Keys
Nearby schools
GreatSchools rating
- 3/10Hamilton Meadow Park SchoolGrades: K-8Distance: 2.2 mi
- 8/10Novato High SchoolGrades: 9-12Distance: 2.5 mi
Local experts in 94949
- California
- Marin County
- Novato
- 94949
- Bel Marin Keys
- 124 Montego Key
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Novato Topics
