
Discovery Bay, California 94505
This Renovated Waterfront Condominium is a Strong Value Opportunity, listed at $549,000—positioned well below the $593,458 Fair Market Value by 7%. This valuation gap provides $44,458 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the interior features a modern quartz kitchen, luxury vinyl plank flooring, and scenic water views from a private Trex deck. With extensive recent HOA upgrades and immediate proximity to the Discovery Bay Yacht Harbor, this property offers a turnkey resort lifestyle. It is an ideal acquisition for Owner-Occupants seeking immediate appreciation or Lifestyle Seekers looking for a maintenance-free sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1516 Trawler St Subject | $549,000* List Price | 2 | 2 | 1,354 | $438 | - |
A 5727 Cutter Loop Sold | $600,000 | 2 | 2 | 1,354 | $443 | 0.2 mi |
B 1550 1550 Trawler St Active | $585,000 List Price | 2 | 2 | 1,152 | $508 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1984, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with shaker cabinets and quartz countertops, new luxury vinyl plank flooring, and upgraded HVAC systems. The HOA has also recently replaced the roof and exterior paint, ensuring the home is in mint, move-in-ready condition.
This unit is uniquely positioned facing the water, offering scenic Discovery Bay views and immediate proximity to the yacht harbor and levee trails.
The interior features high-end finishes including a remodeled kitchen with quartz countertops, custom shaker cabinetry, luxury vinyl plank flooring, and an upgraded, larger A/C unit.
The HOA has recently completed significant capital improvements including new roofs, fresh exterior paint, and updated landscaping, enhancing the property's long-term value and curb appeal.
With only a one-car garage and one assigned outdoor space, parking may be restrictive for multi-vehicle households or when hosting guests.
Despite modern cosmetic updates, the 1984 construction may necessitate future maintenance of original underlying infrastructure compared to newer developments.
This uniquely located, updated condo faces the water and captures the scenic views Discovery Bay is known for, with the added convenience of a nearby yacht harbor just steps away for those with a boat. This well designed floor plan features two en suite bedrooms and a versatile loft, ideal for a home office, lounge, workout room, or additional living space. The main living area offers vaulted ceilings and abundant natural light, while newer windows help keep the home cool and comfortable in the summer. Quartz finishes carry through to the fireplace and bar area for a clean, modern look. The kitchen has been beautifully updated with custom shaker cabinetry, sleek quartz countertops that extend seamlessly up the backsplash to the cabinets, and stainless steel appliances. Step outside to enjoy upgraded Trex decking with water views and a convenient storage area. The upstairs bedroom also features a private balcony, offering additional outdoor living space. Additional enhancements include luxury vinyl plank flooring, updated baseboards, and an upgraded, larger A/C unit for added comfort. The home offers a one car garage and an assigned parking space conveniently located directly in front of the unit. The HOA has recently completed extensive community upgrades, including new roofs, fresh exterior paint, newly asphalted roads, and refreshed landscaping, adding to the overall pride of ownership and appeal. Enjoy easy access to scenic waterfront paths, nearby marina amenities, and miles of levee trails for walking, jogging, or biking. A community pool completes the lifestyle, perfect for relaxing on warm summer days.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,354 | 1,354 | 50% |
| Lot Size | 1,624 | 1,681 | 33% |
| Price | $549.0K | $580.0K | 33% |
| Price per sq ft | $405 | $443 | 33% |
| Built year | 1984 | 1985 | 33% |
| HOA | $340.0 | $340 | 50% |
| Days on market | 36 | 92 | 33% |
May 1, 2026
$549,000
Initial Listing
Jan 26, 2016
$110,000
Public Record
Jul 31, 2013
$180,000
Public Record
Jul 30, 2010
$150,000
Public Record
Nov 14, 2003
$260,000
Public Record
Nov 4, 1997
$135,000
Public Record