
Discovery Bay, California 94505
This Waterfront Single Family Residence is a Strong Value Opportunity, listed at $798,000—positioned well below the $765,356 Fair Market Value by -4%. While the list price is slightly above the estimated market value, the property offers significant lifestyle appeal with its panoramic Willow Lake views, expansive covered deck, and a 2022 solar system. With a Condition Rating of 3, the home is move-in ready, featuring a granite kitchen and updated primary suite. This is an ideal acquisition for Owner-Occupants or lifestyle-focused buyers seeking a serene, low-maintenance waterfront retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1435 Discovery Bay Boulevard Subject 4 bd · 3 ba · 2,007 sqft · $381 | $798,000* List Price | 4 | 3 | 2,007 | $381 | - |
A 1760 Anchorage Way Sold 3 bd · 3 ba · 1,668 sqft · $515 · 0.4 mi | $859,000 | 3 | 3 | 1,668 | $515 | 0.4 mi |
B 586 Lee Loop Sold 4 bd · 3 ba · 2,178 sqft · $342 · 0.6 mi | $745,780 | 4 | 3 | 2,178 | $342 | 0.6 mi |
C 1915 Edgeview Way Sold 4 bd · 3 ba · 2,585 sqft · $290 · 0.5 mi | $750,000 | 4 | 3 | 2,585 | $290 | 0.5 mi |
D 5535 Edgeview Dr Sold 4 bd · 3 ba · 2,455 sqft · $283 · 0.5 mi | $695,000 | 4 | 3 | 2,455 | $283 | 0.5 mi |
E 1755 Surfside Ct Sold 3 bd · 2 ba · 1,689 sqft · $401 · 0.6 mi | $677,500 | 3 | 2 | 1,689 | $401 | 0.6 mi |
F 1432 Willow Lake Rd Sold 4 bd · 3 ba · 2,252 sqft · $406 · 0.4 mi | $915,000 | 4 | 3 | 2,252 | $406 | 0.4 mi |
G 2205 Breaker Ct Sold 4 bd · 3 ba · 1,897 sqft · $337 · 0.5 mi | $639,000 | 4 | 3 | 1,897 | $337 | 0.5 mi |
H 5502 Drakes Ct Sold 4 bd · 2 ba · 2,131 sqft · $375 · 0.3 mi | $799,000 | 4 | 2 | 2,131 | $375 | 0.3 mi |
I 1264 Beach Ct Active 3 bd · 2 ba · 1,920 sqft · $390 · 0.2 mi | $749,000 List Price | 3 | 2 | 1,920 | $390 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1987 but significantly updated and well-maintained. The kitchen features granite countertops and stainless steel appliances, and the primary bathroom has been modernized with a multi-head shower. A new solar system was installed in 2022. While the cabinetry and tile flooring reflect a renovation likely 10-15 years old, the home is move-in ready and functional.
The property features serene Willow Lake views with an expansive covered deck and a private primary balcony, perfectly capturing the indoor-outdoor Discovery Bay lifestyle.
A fully paid-off solar system installed in 2022 provides significant utility savings and adds immediate practical value for the new homeowner.
The inclusion of a full bedroom and bathroom on the lower level offers excellent flexibility for multi-generational living, guests, or a home office.
The current list price of $798,000 is notably lower than the 2021 sale price of $885,000, indicating a potential correction in local market value or specific property depreciation.
Built in 1987, the home may soon require maintenance or replacement of major systems, such as the roof or HVAC, that were not highlighted as recently updated.
Discover refined waterfront living at 1435 Discovery Bay Boulevard, where inviting interiors meet serene Willow Lake views. Soaring ceilings illuminate the formal living and dining areas, while two fireplaces add warmth and ambiance. The beautifully appointed kitchen features rich cabinetry, granite countertops, stainless steel appliances, and an eat-in area opening to the deck. Overlooking the spacious family room, this inviting layout makes entertaining effortless. Large sliding doors extend the living space onto an expansive covered deck, ideal for alfresco dining and relaxing by the water. A bedroom, full bathroom, and laundry room on the lower level offer convenience and flexibility for guests or extended family. Upstairs, the spacious primary suite features a private balcony with captivating lake views, a beautifully updated bathroom with a multi-head shower, and a generous walk-in closet. Two additional bedrooms complete the upper level. Low-maintenance landscaping allows more time to enjoy the waterfront lifestyle. A three-car garage and fully paid-off solar system installed in 2022 add practical value. With four bedrooms and three bathrooms, this distinctive home captures the relaxed elegance of Discovery Bay.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 3.0 | 2.9 |
| Square foot | 2,007 | 2,387.188 |
| Lot Size | 7,200 | 7,213.021 |
| Price | $798.0K | $813.4K |
| Price per sq ft | $398 | $353 |
| Built year | 1987 | 1992 |
| HOA | $0 | $206 |
| Days on market | 19 | 57 |
Oct 5, 2026
$798,000
Initial Listing
Dec 17, 2021
$885,000
Public Record
Dec 23, 2010
$329,000
Public Record