1235 Marina Cir, Discovery Bay, California 94505, Discovery Bay, 94505 - 3 bed, 3 bath
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Discovery Bay, California 94505
This Turnkey Waterfront Townhome is a Strong Value Opportunity, listed at $491,888—positioned well below the $547,179 Fair Market Value by 10%. This valuation gap offers $55,291 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the home includes a private boat dock, two decks, and access to community resort-style amenities. Located near Discovery Bay Elementary, this property balances lifestyle luxury with financial stability. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in-ready Delta sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1235 Marina Cir Subject | $483,889* List Price | 3 | 3 | 1,572 | $313 | - |
A 5841 Yawl St Active | $519,000 List Price | 2 | 2 | 1,354 | $383 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1978, the property has undergone a comprehensive recent renovation (likely <5 years) featuring all-new appliances, modern LVP flooring, updated lighting, and fresh paint. The listing describes it as the most turnkey, move-in-ready waterfront property in the area, meeting the criteria for mint condition with no immediate maintenance required.
The property includes a private boat dock on the Discovery Bay Delta just twenty feet from the home, providing immediate access for boating and a premium waterfront lifestyle.
Priced under $500,000, this is the most turnkey waterfront property available in the area, offering a rare entry-level opportunity for move-in-ready luxury.
The townhome is fully updated with all-new appliances and modern finishes across three full bathrooms, ensuring a seamless transition for the new owner without immediate renovation needs.
The monthly HOA fee of $465 adds a significant recurring expense to the cost of ownership, which may impact the budget of price-sensitive buyers.
Built in 1978, the nearly 50-year-old structure may require more frequent long-term maintenance of exterior elements and common infrastructure compared to newer developments.
**Millionaire vibes for half the price await at 1235 Marina Circle, the most turnkey, move-in-ready waterfront property available for under $500,000 in all of Discovery Bay.** This beautifully updated townhome features three spacious bedrooms, three full bathrooms, a cozy fireplace, all-new appliances, and an attached garage with ample storage. Designed for ultimate outdoor enjoyment and the true Delta lifestyle, the property boasts two upstairs decks with elevated views, a private backyard with room to grow, and a large driveway that easily accommodates up to three vehicles. Resort-style amenities are right at your doorstep, including a sparkling community pool located just twenty feet from your backyard, an inviting community clubhouse, and your very own private boat dock on the deep water of the Discovery Bay Delta just twenty feet away, capable of accommodating a decent-sized boat. Offering unmatched luxury, water access, and convenience at an unbeatable price point, this exceptional property is completely ready for its next owner to move right in and start enjoying the Delta life.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 2.8 mi
Grades 9-12 • 5.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 67% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,572 | 1,354 | 67% |
| Lot Size | 2,600 | 2,112 | 67% |
| Price | $483.9K | $580.0K | 33% |
| Price per sq ft | $308 | $443 | 33% |
| Built year | 1978 | 1985 | 33% |
| HOA | $465.0 | $340 | 67% |
| Days on market | 19 | 92 | 33% |
Jun 3, 2026
$483,889
$491,889
-2% Price Drop
Initial Listing
May 29, 2026
$491,889
$491,888
+0% Price Increase
Initial Listing
May 18, 2026
$491,888
Initial Listing
Jul 6, 2022
$520,000
Public Record
Nov 14, 2003
$279,000
Public Record
Feb 21, 2001
$249,500
Public Record