2043 Sand Point Rd, Discovery Bay, California 94505, Discovery Bay, 94505 - 3 bed, 3 bath
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Discovery Bay, California 94505
This Waterfront Townhouse represents a High-Potential Investment Opportunity, listed at $519,000—positioned well above the $470,267 Fair Market Value by -10%. While the property carries a Fair Condition Rating due to dated finishes, it offers a rare waterfront lifestyle with a private deck and canal views. The high HOA fee necessitates a careful review of carrying costs, yet the entry-level price point provides a unique opportunity for value-add renovations. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a waterfront project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2043 Sand Point Rd Subject | $499,900* List Price | 3 | 3 | 1,608 | $289 | - |
A 2033 2033 Sand Point Rd Sold | $427,000 | 2 | 2 | 1,311 | $326 | 0.0 mi |
B 2051 Sand Point Rd Active | $439,000 List Price | 3 | 3 | 1,608 | $273 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37 years old), the property has undergone partial cosmetic updates including stone countertops and newer laminate flooring. However, the kitchen cabinets, mirrored closet doors, and bathroom finishes remain dated. While functional and move-in ready, the age of the systems and the need for further modernization of the baths and bedrooms align with the 'Fair' criteria for properties over 20 years old.
Situated in a gated community, this property offers rare direct water views from both the living areas and the primary suite, providing a premium indoor-outdoor living experience.
Priced at $519,000 for a 3-bedroom waterfront home, this townhouse represents a highly competitive entry point into the Discovery Bay market compared to detached single-family residences.
The residence is conveniently located with easy access to the marina, local dining, and shopping, making it an ideal choice for boating enthusiasts and those seeking convenience.
The monthly HOA fee of $740 is substantial, which significantly increases the total monthly carrying cost and may impact the overall affordability for some buyers.
Built in 1987, the property may require capital improvements or modernization of major systems and finishes to meet the expectations of contemporary buyers.
Rare waterfront opportunity in gated Discovery Bay community! This 3-bedroom, 2.5-bath townhouse offers the perfect blend of comfort and lifestyle with bright living spaces and calming water views. The well-appointed kitchen overlooks the dining and living areas, creating an ideal space for entertaining. Upstairs, the spacious primary suite captures serene waterfront scenery. Enjoy indoor-outdoor living with a private deck perfect for relaxing or hosting. Located close to marina access, shops, and dining—this is waterfront living at an exceptional value!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,608 | 1,459.5 | 50% |
| Lot Size | 1,920 | 2,128 | 50% |
| Price | $499.9K | $463.4K | 50% |
| Price per sq ft | $311 | $318 | 50% |
| Built year | 1987 | 1987 | 50% |
| HOA | $740.0 | $740 | 50% |
| Days on market | 51 | 84 | 50% |
Jun 3, 2026
$499,900
$519,000
-4% Price Drop
Initial Listing
Apr 16, 2026
$519,000
Initial Listing
Apr 26, 2021
$429,000
Public Record
Apr 30, 2004
$310,000
Public Record
Apr 21, 2000
$170,000
Public Record
Jan 15, 1999
$5,500
Public Record
May 31, 1994
$115,000
Public Record