
Discovery Bay, California 94505
This Spacious Single Family Residence is a Prime Investment Opportunity, listed at $739,900—positioned well below the $762,505 Fair Market Value by 2%. This valuation gap offers $22,605 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and a versatile loft on a large lot. Located across from Ravenswood Park with no HOA dues, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1525 Coleridge Way Subject | $739,900* List Price | 4 | 3 | 2,704 | $282 | - |
A 117 Cardinal Ln Sold | $725,000 | 3 | 3 | 2,583 | $281 | 0.3 mi |
B 2350 Winchester Loop Sold | $800,000 | 4 | 3 | 2,913 | $275 | 0.5 mi |
C 2072 2072 Bridgeport Loop Sold | $690,000 | 4 | 3 | 2,302 | $300 | 0.5 mi |
D 1145 Bradbury Dr Sold | $738,398 | 4 | 3 | 2,335 | $316 | 0.2 mi |
E 2342 Winchester Loop Sold | $730,000 | 4 | 3 | 2,913 | $251 | 0.5 mi |
F 1271 1271 Discovery Bay Blvd Sold | $799,000 | 4 | 3 | 2,549 | $313 | 0.7 mi |
G 550 Lee Loop Sold | $721,305 | 3 | 2 | 2,178 | $331 | 0.4 mi |
H 3146 Castle Rock Loop Sold | $715,000 | 3 | 3 | 2,794 | $256 | 0.5 mi |
I 1771 Wilde Dr Active | $949,000 List Price | 5 | 3 | 2,888 | $329 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property falls within the 20-year age bracket. It is well-maintained and move-in ready with a functional kitchen featuring granite slab countertops and rich wood cabinetry. While systems and finishes are likely original to the build date, the home shows no signs of neglect and remains in a highly livable condition.
Situated directly across from Ravenswood Park and within walking distance to Timber Point Elementary, this home offers an ideal setting for families seeking convenience and recreation.
The 2,704 sqft layout includes a private office and a versatile loft that can be converted into a 5th or 6th bedroom, providing exceptional long-term utility and room to grow.
Located in a desirable community without the burden of monthly HOA dues, offering significant cost savings and more freedom for the homeowner compared to similar neighborhoods.
The assigned elementary and middle schools carry a rating of 5, which may be a consideration for buyers prioritizing top-tier academic performance scores.
While the lot is 'pool-sized,' the description suggests the backyard is a blank canvas, requiring additional buyer capital to realize its full outdoor living potential.
Welcome to this spacious home in the highly sought-after Ravenswood community of Discovery Bay! Perfectly situated directly across from Ravenswood Park, featuring a playground and a splash pad, this well-designed residence offers 2,704 square feet of comfortable living space with 4 bedrooms, 3 full bathrooms, a private office, and a versatile loft that could easily be converted into a 5th or even 6th bedroom. The inviting floor plan features soaring ceilings, separate formal living and dining rooms, and a cozy gas fireplace in the family room. The spacious kitchen is ideal for entertaining with a center island, rich wood cabinetry, granite slab countertops, tile flooring, and ample storage. Situated on an expansive 7,545 square foot pool-sized lot with possible side yard access, the backyard offers endless opportunities to create your dream outdoor living space. A desirable 3-car garage provides plenty of room for vehicles, storage, or hobbies. Conveniently located near Timber Point Elementary, multiple neighborhood parks, shopping, and recreation, this home combines space, flexibility, and an unbeatable location. Best of all, there are no HOA dues, making this an exceptional opportunity to own in one of Discovery Bay's most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 2.6 mi
Grades 9-12 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 2,704 | 2,088 |
| Lot Size | 7,545 | 7,500 |
| Price | $739.9K | $773.7K |
| Price per sq ft | $274 | $349 |
| Built year | 2006 | 1983 |
| HOA | $0 | $202 |
| Days on market | 7 | 64 |
Jul 16, 2026
$739,900
Initial Listing
Feb 13, 2009
$405,000
Public Record
Mar 30, 2007
$557,500
Public Record