
Discovery Bay, California 94505
This Waterfront Single Family Residence represents a High-Potential Investment Opportunity, listed at $975,500—positioned well above the $940,359 Fair Market Value by 3%. While the property commands a premium, it offers a unique Mira Mar floor plan with panoramic water views, a private boat dock, and a 3-car garage. With a Condition Rating of 4, the home is functional but invites cosmetic modernization to maximize long-term appreciation. This property is an ideal acquisition for Waterfront Lifestyle Seekers or Value-Add Investors looking to capitalize on the Delta’s recreational appeal.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1989 Newport Dr Subject | $975,500* List Price | 3 | 2 | 2,099 | $448 | - |
A 4174 Beacon Pl Sold | $1,185,000 | 3 | 2 | 2,051 | $578 | 0.2 mi |
B 2287 Cove Ct Sold | $875,500 | 3 | 2 | 1,814 | $483 | 0.8 mi |
C 4993 South Pt Sold | $820,000 | 3 | 2 | 1,606 | $511 | 0.8 mi |
D 2321 Sand Point Ct Sold | $850,000 | 3 | 2 | 1,524 | $558 | 0.4 mi |
E 4630 Spinnaker Way Sold | $820,000 | 3 | 2 | 1,543 | $531 | 0.7 mi |
F 4375 4375 Clipper Dr Sold | $925,000 | 4 | 3 | 2,356 | $393 | 0.6 mi |
G 2271 Biscay Ct Sold | $755,000 | 4 | 3 | 1,897 | $398 | 0.8 mi |
H 1989 Newport Dr Active | $975,500 List Price | 3 | 2 | 2,099 | $465 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property is 26 years old and falls into the >20y category. While well-maintained with granite updates, the kitchen features dated oak cabinetry and original flooring styles. It is functional but requires cosmetic modernization to meet current standards.
The property features a private boat dock with a large side-mount hoist and an expansive entertainer's deck, offering direct access to the Delta for boating and fishing.
The single-story Mira Mar layout is highly sought after, featuring high ceilings, an open-concept kitchen and family room, and a spacious primary suite with deck access.
A rare three-car garage combined with landscaped side yards and a storage shed provides significant space for vehicles, water toys, and outdoor equipment.
Built in 1998, some interior finishes and systems may require cosmetic or functional updates to compete with newer luxury builds in the area.
The large wooden entertainer's deck and private dock infrastructure require consistent and potentially costly maintenance due to constant exposure to the water environment.
SINGLE STORY WATERFRONT - DESIRABLE MIRA MAR FLOOR PLAN WITH FABULOUS WATER VIEWS! 2099 SQ FT W/3 BEDROOMS & 2 FULL BATHS -3 CAR GARAGE - ENTERTAINER'S BACK DECK W/LARGE BOAT SLIP - Open floor plan w/high ceilings - Formal Living & Dining area - Spacious family room w/fireplace opens to kitchen - Chef's kitchen offers granite counters, abundance of cabinets, Center-Island, double ovens, gas stove, eat at bar + casual dining area all with water views - Primary w/double entry door, spa like bath with jetted tub, separate shower, dual vanity's, walk-in closet & slider door to back deck - Huge back deck (Entertainer's Delight), landscaped side yards with storage shed, Private boat dock with large side mount boat hoist - Enjoy fishing, boating, Golf Course nearby - All this and more...
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 2,099 | 2,088 |
| Lot Size | 7,300 | 7,500 |
| Price | $975.5K | $773.7K |
| Price per sq ft | $465 | $349 |
| Built year | 1998 | 1983 |
| HOA | $0 | $202 |
| Days on market | 17 | 64 |
Jul 6, 2026
$975,500
Initial Listing
Aug 21, 1998
$337,500
Public Record