
Richmond, California 94804
This High-Potential Investment Opportunity is listed at a List Price of $435,000, positioned above the $407,272 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 3, featuring a stylishly upgraded kitchen and modern fixtures in a move-in ready state. Residents enjoy a resort-style lifestyle with lagoon and fountain views, heated pools, and proximity to the SF Ferry. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey waterfront residence with excellent commuter access.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 159 Lakeshore Ct Subject 1 bd · 1 ba · 779 sqft · $523 | $435,000* List Price | 1 | 1 | 779 | $523 | - |
A 124 Lakeshore Ct Sold 1 bd · 1 ba · 779 sqft · $525 · 0.0 mi | $409,000 | 1 | 1 | 779 | $525 | 0.0 mi |
B 79 Marina Lakes Dr Sold 1 bd · 1 ba · 771 sqft · $479 · 0.3 mi | $369,000 | 1 | 1 | 771 | $479 | 0.3 mi |
C 191 Schooner Ct Sold 1 bd · 1 ba · 732 sqft · $464 · 0.5 mi | $340,000 | 1 | 1 | 732 | $464 | 0.5 mi |
D 154 Marina Lakes Dr Sold 1 bd · 1 ba · 533 sqft · $629 · 0.2 mi | $335,000 | 1 | 1 | 533 | $629 | 0.2 mi |
E 58 Marina Lakes Dr Sold 2 bd · 1 ba · 847 sqft · $484 · 0.3 mi | $410,000 | 2 | 1 | 847 | $484 | 0.3 mi |
F 59 Marina Lakes Dr Sold 2 bd · 1 ba · 847 sqft · $484 · 0.3 mi | $410,000 | 2 | 1 | 847 | $484 | 0.3 mi |
G 20 Marina Lakes Dr Sold 2 bd · 1 ba · 847 sqft · $495 · 0.2 mi | $419,000 | 2 | 1 | 847 | $495 | 0.2 mi |
H 60 Marina Lakes Drive Sold 2 bd · 1 ba · 847 sqft · $490 · 0.3 mi | $415,000 | 2 | 1 | 847 | $490 | 0.3 mi |
I 122 Lakeshore Ct Active 1 bd · 1 ba · 779 sqft · $512 · 0.0 mi | $399,000 List Price | 1 | 1 | 779 | $512 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1991 (33 years old), the listing and images confirm it has been stylishly upgraded with a modern kitchen, stainless steel appliances, and updated flooring. It is in move-in ready condition, consistent with a 5-15 year renovation cycle.
This ground-level residence offers rare lagoon-front living with tranquil views of the water and fountain, complemented by a scenic Bay backdrop.
Ideally situated for professionals, the property is within walking distance to the SF Ferry and minutes from BART and major freeways, offering seamless access to San Francisco and the East Bay.
The FHA-approved community provides high-end amenities including secure gated entry, heated pools, hot tubs, a fitness center, and direct access to the Bay Trail for outdoor recreation.
The association fee of $527 per month is a significant recurring expense for a one-bedroom unit, which may impact the debt-to-income ratio for some buyers.
The assigned public schools carry low ratings (ranging from 2 to 4), which could be a drawback for families or long-term investors concerned with school-driven appreciation.
California Coastal Living in Marina Bay! Welcome to this beautifully situated lagoon-front home offering a rare combination of peaceful community water views and views toward the Bay. From the home, enjoy the tranquil lagoon and fountain just outside, with the Bay creating a scenic backdrop beyond. This ground-level residence features an open floor plan filled with natural light, a stylishly upgraded kitchen with stainless steel appliances, and modern fixtures, and a spacious bedroom with dual closets. The inviting living room includes a cozy fireplace, while in-unit laundry adds everyday convenience. The HOA offers resort-style amenities including secure gated entry, assigned parking, heated pools, hot tubs, a state-of-the-art fitness center, and a community clubhouse. Ideally located just minutes from 580/80, BART, Berkeley, Oakland, and Marin, and within walking distance to the SF Ferry. The Bay Trail is just steps away, offering easy access to cycling, running, sailing, and waterfront recreation. Enjoy the best of Marina Bay living with lagoon, fountain, and Bay views all from one special setting. FHA Approved Community.
No exterior & parking available.
Grades K-6 • 2.2 mi
Grades 7-8 • 2.5 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.7 |
| Baths | 1.0 | 1.5 |
| Square foot | 779 | 970.767 |
| Lot Size | 2,125 | 2,044.217 |
| Price | $435.0K | $423.0K |
| Price per sq ft | $558 | $456 |
| Built year | 1991 | 1989 |
| HOA | $527.0 | $624 |
| Days on market | 8 | 79 |
Oct 16, 2026
$435,000
Initial Listing
Mar 31, 2016
$360,000
Public Record