2002 Montauk Ct, Discovery Bay, California 94505, Discovery Bay, 94505 - 3 bed, 3 bath
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Discovery Bay, California 94505
This Spacious Waterfront Lifestyle Home is a Strong Value Opportunity, listed at $899,000—positioned well below the $968,549 Fair Market Value by 7%. This valuation gap provides $69,549 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the residence features a modern primary suite addition, high-efficiency HVAC, and a private pool with a waterfall. With a dedicated boat slip and an outdoor kitchen, this property perfectly balances recreational luxury with financial upside. It is an ideal acquisition for Owner-Occupants seeking a turnkey retreat or lifestyle-focused buyers looking to build immediate wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2002 Montauk Ct Subject | $899,000* List Price | 3 | 3 | 3,024 | $320 | - |
A 1271 1271 Discovery Bay Blvd Sold | $799,000 | 4 | 3 | 2,549 | $313 | 0.5 mi |
B 1966 Windward Pt Sold | $980,000 | 5 | 3 | 3,145 | $312 | 0.7 mi |
C 2236 Colonial Ct Sold | $745,000 | 4 | 3 | 2,585 | $288 | 0.6 mi |
D 2011 Windward Pt Sold | $999,000 | 4 | 3 | 3,103 | $322 | 0.8 mi |
E 4305 Monterey Ct Sold | $920,000 | 3 | 3 | 2,960 | $311 | 0.7 mi |
F 1771 Wilde Dr Active | $998,000 List Price | 5 | 3 | 2,888 | $346 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with significant updates that elevate it above its 1986 build year. The kitchen features quality wood cabinetry, granite countertops, and stainless steel appliances. Flooring has been upgraded to high-end stone/travertine and laminate throughout. The listing notes a newer primary suite addition and high-efficiency dual HVAC systems, though some stylistic elements like the brick fireplace and certain fixtures reflect an older but well-kept aesthetic.
The property includes a privately owned boat slip and direct water access, providing an exceptional value proposition for boating enthusiasts in Discovery Bay.
The expansive lot features a private pool with a waterfall, a covered outdoor kitchen, and significant side access for RV or trailer storage, ideal for a recreational lifestyle.
With over 3,000 square feet, a finished bonus room in the third garage, and an expanded primary suite, the floor plan offers great flexibility for multi-generational living or a home office.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3024, other record living area = 2453. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Unlike premium point-lot properties, the dedicated boat slip is located down the street rather than directly behind the home, which may be a drawback for buyers seeking immediate backyard dock access.
Despite the large square footage, the home is currently configured with only three bedrooms, which may require additional renovation costs for buyers needing more dedicated sleeping quarters.
This rare home ownership opportunity offers the best of Discovery Bay living. Spacious floor plan, oversized home & lot. Direct water access with a privately owned boat slip down the street. Nestled in the highly desirable central part of Discovery Bay, this gem features 3+ bedrooms & 2.5 bathrooms. Smart, modern quality design with newer addition adds size to primary suite, including outdoor balcony and expanded family room. Third car garage has been fully finished for a bonus room option. One expansive upstairs bedroom can easily be converted to an extra bedroom. The quality, design and workmanship creates abundant natural light & enjoyment. Makes a powerful impression to the main floor and upstairs living area, inclusive of high efficient dual heat & air systems. Vast lot w/ expansive side access, and fully fenced yard. Bring your recreational vehicles! Designed for entertaining or relaxing in harmony. Outdoor covered kitchen, pool, waterfall, shed, 3-car garage, oversized driveway & ample parking. For boating enthusiasts, this home includes water access and its own dedicated boat slip with no maintenance worries. Includes the ideal balance between safety & privacy with your own gated/fenced end of the court property. Enjoy the vibrant Discovery Bay recreational lifestyle!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,024 | 2,293 | 77% |
| Lot Size | 7,917 | 7,200 | 77% |
| Price | $899.0K | $772.5K | 70% |
| Price per sq ft | $297 | $351 | 27% |
| Built year | 1986 | 1997 | 23% |
| HOA | $90.0 | $0 | 52% |
| Days on market | 22 | 177 | 1% |
Mar 31, 2026
$899,000
Initial Listing