2051 Sand Point Rd, Discovery Bay, California 94505, Discovery Bay, 94505 - 3 bed, 3 bath
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Discovery Bay, California 94505
This Waterfront Value-Add Townhouse is a Strong Value Opportunity, listed at $439,000—positioned well below the $443,349 Fair Market Value by 1%. This valuation gap provides $4,349 in Instant Equity for buyers. While the property carries a Dated Condition Rating with original 1987 finishes, it features unobstructed panoramic water views from both levels and a spacious 1,608-square-foot layout. Located in the gated Sand Bay Isle community, the home offers significant appreciation potential through cosmetic modernization. This is an ideal acquisition for Owner-Occupants looking to build sweat equity or Value-Add Investors seeking a premium waterfront asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2051 Sand Point Rd Subject | $439,000* List Price | 3 | 3 | 1,608 | $276 | - |
A 2033 2033 Sand Point Rd Pending | $428,888 List Price | 2 | 2 | 1,311 | $327 | 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 is significantly dated with what appear to be original kitchen and bathroom finishes. The kitchen features 1980s-style oak cabinetry, older appliances, and a fluorescent light box ceiling. While the home is clean and functional, it requires comprehensive cosmetic updates and modernization to meet current market standards.
The property offers breathtaking, unobstructed water views from both levels, including a private primary suite balcony and a spacious backyard deck.
The comprehensive HOA covers water, landscaping, exterior maintenance, and insurance, providing a convenient 'lock-and-leave' experience for residents.
With 1,608 square feet, three bedrooms, and an oversized two-car garage, the floor plan is thoughtfully designed for both comfort and practical storage.
The monthly association fee of $740 is significant and may impact the affordability or debt-to-income ratios for some prospective buyers.
Built in 1987, the residence may require modern cosmetic updates or appliance upgrades to align with current contemporary design trends.
Welcome to this exceptional gated Sand Bay Isle townhome in Discovery Bay, offering breathtaking water views from both levels and a lifestyle of ease and tranquility. This beautifully positioned residence features 3 bedrooms and 2.5 baths, thoughtfully designed to capture natural light and showcase the serene waterfront setting. Enjoy seamless indoor-outdoor living with a spacious backyard deck overlooking the water, perfect for relaxing or entertaining. Upstairs, the primary suite offers a private retreat with its own balcony, where you can start your day with a quiet cup of coffee while taking in peaceful, unobstructed water views. Additional highlights include an oversized two-car garage and a functional, well-appointed floor plan designed for comfort and convenience. Enhancing the low-maintenance lifestyle, the HOA covers water, landscaping, exterior and ground maintenance, lagoon service, gated access, and exterior building insurance, allowing you to fully enjoy waterfront living without the upkeep. Ideally located near golf, the marina, restaurants, and shopping, this home offers the perfect blend of comfort, convenience, and resort-style living.
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 | 1,608 | 1,608 | 50% |
| Lot Size | 1,920 | 1,920 | 50% |
| Price | $439.0K | $439.0K | 50% |
| Price per sq ft | $273 | $305 | 33% |
| Built year | 1987 | 1987 | 50% |
| HOA | $740.0 | $740 | 50% |
| Days on market | 44 | 52 | 33% |
May 1, 2026
$439,000
Initial Listing