98 Del Oro Lagoon
Novato 94949 · Bel Marin Keys · Unincorporated Marin · Coordinates: 38.07833, -122.51666
Executive Verdict · Public-Records Synthesis
Zoned RSP-1.6-BFC in Unincorporated Marin with likely ministerial ADU eligibility and mapped FEMA AE flood due diligence; benchmark value $1,447,000 ($1,273,000–$1,621,000).
Upsides & Opportunities
- ✓ Ministerial ADU / JADU pathway likely eligible
Zone RSP-1.6-BFC allows residential use qualifying for ministerial ADU review under state law.
Source: Unincorporated Marin zoning · CA Gov. Code 66314
- ✓ Documented permitted upgrades (+$12,540 contributory est.)
Public building records show issued construction/renovation work on this parcel (8 total permits, latest Jan 7, 2022).
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) (parcel APN)
Watchouts & Due Diligence
- ! FEMA Special Flood Hazard Area (AE, about 32% of the lot of lot)
Zone AE: 1% annual chance flood (Special Flood Hazard Area) overlaps this parcel. Expect mandatory flood insurance for federally backed loans and floodplain elevation/mitigation rules for new units or SB 9 applications.
Source: FEMA National Flood Hazard Layer (parcel polygon)
- ! Delayed or open permit activity on this parcel
Electrical / panel (76331): Pending in review for 10.9 yr — slower than 90% of electrical / panel permits in Unincorporated Marin (median 0d, 90th pct 2d, n=3,020).
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) (review-time benchmark)
- ! 2 slow or stalled nearby projects within ½ mile
Closest lead: Demolition at 54 Calypso Shores (0.49 mi NE, applied). Inspect timeline history before assuming near-term completion.
Source: County of Marin Community Development Agency, Building Permits (unincorporated Marin) · HCD APR (½-mile radius)
- ! Year 1 Prop 13 tax reset (~$17,091/yr at $1,447,000)
Sale triggers reassessment to 1.00% base + ~0.15% voter debt (~$1,424/mo). Confirm exact Mello-Roos / CFD special assessments on the county tax bill.
Source: CA Const. Art. XIIIA (Prop 13) · County Tax Collector
Parcel & Assessor
- Lot size:
- 21,824 sq ft (0.50 ac)
- Assessor use:
- Single-Resid. - Improved
- Addresses on lot:
- 98 DEL ORO LAGOON
Zoning & Land Use
RSP-1.6-BFC — Residential Single Family Planned (Unincorporated Marin)
Undesignated — Undesignated (Novato)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADULikely eligible
Zoned RSP-1.6-BFC (single-family residential): state law allows ADUs where homes are allowed. The parcel point also falls in Undesignated.
- SB 9: two homes on the lotPossible, with conditions
Zoned RSP-1.6-BFC, a single-family residential zone. The parcel point also falls in Undesignated. FEMA Special Flood Hazard Area (Zone AE) covers about 32% of the lot: the project must meet the National Flood Insurance Program floodplain standards, or the lot needs a map revision.
- SB 9: split into two lotsPossible, with conditions
Zoned RSP-1.6-BFC, a single-family residential zone. The parcel point also falls in Undesignated. The lot is 21,824 sq ft by the assessor, room for two lots of at least 1,200 sq ft, each at least 40% of the original. FEMA Special Flood Hazard Area (Zone AE) covers about 32% of the lot: the project must meet the National Flood Insurance Program floodplain standards, or the lot needs a map revision.
Mapped Hazard Zones on This Lot
- CAL FIRE Fire Hazard Severity Zone
- Not in a State-mapped fire hazard severity zone
- FEMA National Flood Hazard Layer
- Zone AE: 1% annual chance flood (Special Flood Hazard Area) (about 32% of the lot); Zone X: 0.2% annual chance flood hazard (shaded X) (about 68% of the lot) · FIRM panel 06041C0284E, effective March 16, 2016
- CGS Alquist-Priolo Earthquake Fault Zone
- Not in an Alquist-Priolo Earthquake Fault Zone
Surrounding Rent & Value Benchmarks (Public Records)
Range: $1,273,000 – $1,621,000 · Status: Off market
HUD Small Area FMR (ZIP 94949) · FY 2026
Studio $2,360 · 1BR $2,830 · 2BR $3,430 · 3BR $4,380 · 4BR $4,540
Developments Deserving Closer Investigation & Active Area Builders
- Electrical / panel (76331) (Applied)On this parcel
Pending in review for 10.9 yr — slower than 90% of electrical / panel permits in Unincorporated Marin (median 0d, 90th pct 2d, n=3,020).
- New garage / accessory structure (76330) (Applied)On this parcel
Pending in review for 10.9 yr (24.3× the 164d median) — slower than 90% of new garage / accessory structure permits in Unincorporated Marin (median 164d, 90th pct 485d, n=356).
- New garage / accessory structure (76329) (Applied)On this parcel
Pending in review for 10.9 yr (24.3× the 164d median) — slower than 90% of new garage / accessory structure permits in Unincorporated Marin (median 164d, 90th pct 485d, n=356).
- New garage / accessory structure (76328) (Applied)On this parcel
Pending in review for 10.9 yr (24.3× the 164d median) — slower than 90% of new garage / accessory structure permits in Unincorporated Marin (median 164d, 90th pct 485d, n=356).
Entity-resolved builders & contractors in ½ mile: Owner Builder (1 on parcel, 26 in ½ mi · Remodel / interior alteration); Natal Modica Construction (2 on parcel, 4 in ½ mi · New garage / accessory structure); Solarcraft Services (1 on parcel, 1 in ½ mi · Solar / battery storage); Owner (15 in ½ mi · Remodel / interior alteration); Rafael Home Services (2 in ½ mi · Remodel / interior alteration).
Permit & Project History on This Parcel (8 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| B28253 | Windows / doors / siding | Issued | Iss. Jan 7, 2022 | $8,900 | Remove existing damaged siding. Inspect to make sure plywood is properly nailed, Install WRB, Install new Boral fire res… |
| B27226 | Solar / battery storage | Issued | Iss. Sep 30, 2021 | $34,833 | (N) FLUSH MOUNTED 9.88 kW PV SYSTEM W/ GRID TIED MICROINVERTERS |
| 162564 | New garage / accessory structure | Issued | Iss. Sep 9, 2019 | $25,000 | New Cabana T.D. 7/12/19 |
| 159761 | New garage / accessory structure | Issued | Iss. Oct 2, 2018 | $108,000 | Covered Porch; Repl Wndws & Firepl T.D. 7/24/18 |
| 76331 | Electrical / panel | Applied |