1245 Marina Circle, Discovery Bay, California 94505, Discovery Bay, 94505 - 2 bed, 3 bath
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1245 Marina Circle
Discovery Bay, California 94505
ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
1,410Sq Ft
2,210Lot Size
Property Price
LIST PRICE$454,999
EST. MARKET VALUE
$446,289
SUMMARY
This Turnkey Waterfront Townhome is a Strong Value Opportunity, listed at $459,999—positioned well below the $467,181 Fair Market Value by 1.5%. This valuation gap offers $7,182 in Instant Equity. Featuring a Condition Rating of 2, the home includes a fully renovated kitchen, new luxury flooring, and a private rooftop deck with waterfront access. Located near Discovery Bay Elementary, this residence offers a premium coastal lifestyle. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready retreat.
Estimated Market Value
$446,289
Based on Realkey algorithm analyzing recent comparable sales in Discovery Bay.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1245 Marina Circle Subject | $454,999* List Price | 2 | 3 | 1,410 | $317 | - |
A 1605 Riverlake Rd Sold | $490,000 | 3 | 3 | 1,608 | $305 | 0.3 mi |
B 1601 Riverlake Rd Active | $499,999 List Price | 2 | 2 | 1,289 | $388 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1977, the property has undergone a complete recent renovation including a fully updated kitchen with stainless steel appliances, remodeled bathrooms, new luxury flooring, and fresh paint, meeting the criteria for a high-quality renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Waterfront Lifestyle & Amenities
The property features a deeded boat dock and a private rooftop deck, providing direct access to Discovery Bay's waterways and exceptional outdoor living space.
- Extensive Modern Renovations
This move-in-ready home has been significantly updated with a fully renovated kitchen, remodeled bathrooms, new luxury flooring, and fresh interior paint.
- Competitive Market Value
Priced under $500,000 and listed significantly below its previous 2024 sale price of $525,000, this end-unit offers a rare value proposition for waterfront real estate.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $642 per month is relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Property Age
Originally built in 1977, the property may require ongoing maintenance of aging structural components or community infrastructure despite the recent interior cosmetic updates.
About 1245 Marina Circle
PRICE REDUCED! Waterfront living meets everyday convenience at 1245 Marina Circle in Discovery Bay. This beautifully updated end-unit townhome offers a vacation-inspired lifestyle with a deeded dock and stunning waterfront views from the rooftop deck. The home features a completely updated kitchen, updated flooring throughout, fresh interior paint, and an upgraded HVAC system for year-round comfort. Enjoy the convenience of a 1-car garage with driveway parking, plus a 220V EV charger already installed. Relax in the front and rear outdoor spaces or take in the waterfront views from your private rooftop deck. Work from home while enjoying a vacation vibe, or make this your weekend getaway and enjoy the best of waterfront living. An exceptional opportunity to own a waterfront townhome in the Bay Area at $454,999.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1977
- Lot Size
- 2,210 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $642.0 / Month
Neighborhood Insights
Discovery Bay Unified Schools
Discovery Bay Elementary School
Grades K-5 • 0.6 mi
6/10
Excelsior Middle School
Grades 6-8 • 2.9 mi
5/10
Liberty High School
Grades 9-12 • 5.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,410 | 1,608 |
| Lot Size | 2,210 | 1,920 |
| Price | $455.0K | $458.5K |
| Price per sq ft | $323 | $315 |
| Built year | 1977 | 1990 |
| HOA | $642.0 | $740 |
| Days on market | 92 | 68 |
Pricing History
Listed for Sale
Aug 13, 2026
$454,999
$459,999
-1% Price Drop
Initial Listing
Price Change
Jun 9, 2026
$459,999
Initial Listing
Sold
Jan 16, 2024
$525,000
Public Record
Sold
Aug 24, 2021
$505,000
Public Record
Sold
Jun 9, 2017
$330,000
Public Record
Sold
Jun 1, 2005
$418,000
Public Record
Sold
Apr 11, 2003
$255,000
Public Record