2340 Cambridge Dr, Discovery Bay, California 94505, Discovery Bay, 94505 - 5 bed, 3 bath
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2340 Cambridge Dr
Discovery Bay, California 94505
ACTIVE
CONDITION: GOOD
5Beds
3Baths
3,022Sq Ft
5,422Lot Size
Property Price
LIST PRICE$724,900
EST. MARKET VALUE
$733,140
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $724,900—positioned well below the $733,141 Fair Market Value by 1.1%. This valuation gap offers $8,241 in Instant Equity for the buyer. The property is in Good Condition, featuring a versatile 5-bedroom layout, owned solar, and modern quartz kitchen finishes. Located near top-rated schools like Liberty High, it balances financial stability with lifestyle convenience. This is an ideal acquisition for Owner-Occupants or multi-generational families seeking a turnkey home.
Estimated Market Value
$733,140
Based on Realkey algorithm analyzing recent comparable sales in Discovery Bay.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2340 Cambridge Dr Subject | $724,900* List Price | 5 | 3 | 3,022 | $243 | - |
A 2350 Winchester Loop Sold | $800,000 | 4 | 3 | 2,913 | $275 | 0.6 mi |
B 2342 Winchester Loop Sold | $730,000 | 4 | 3 | 2,913 | $251 | 0.6 mi |
C 2233 Hampshire Dr Sold | $865,000 | 4 | 3 | 3,484 | $248 | 0.3 mi |
D 117 Cardinal Ln Sold | $725,000 | 3 | 3 | 2,583 | $281 | 0.3 mi |
E 5647 Arcadia Circle Sold | $879,000 | 5 | 3 | 3,139 | $280 | 0.9 mi |
F 3438 Keystone Loop Sold | $849,900 | 6 | 4 | 4,088 | $208 | 0.7 mi |
G 217 Sussex Active | $738,950 List Price | 4 | 4 | 3,068 | $241 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2002 (24 years old), the property falls into the 'Good' category due to significant renovations and maintenance. Key updates include quartz countertops, upgraded appliances, and a modern owned solar system. The interior features move-in ready finishes like updated flooring and neutral paint, showing no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The home features a highly functional layout with 5 bedrooms plus a dedicated office, including a convenient downstairs bedroom and full bath ideal for guests or multi-generational living.
- Energy & Cost Efficiency
Equipped with an owned solar system for reduced utility costs, the property also benefits from being located in a desirable neighborhood with no monthly HOA dues.
- Premium Interior Finishes
The interior boasts modern upgrades such as quartz countertops, double ovens, and soaring ceilings that enhance the sense of space and natural light throughout the 3,022 sqft residence.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Limited Lot-to-House Ratio
With a 5,422 sqft lot supporting a 3,022 sqft structure, the remaining outdoor space is relatively modest for buyers prioritizing a large private backyard or expansive garden.
- Negative Price Trend
The current list price of $724,900 is approximately 6.5% lower than the property's 2022 sale price of $775,000, indicating a potential decline in immediate equity or local market softening.
About 2340 Cambridge Dr
Welcome to Discovery Bay! This beautifully designed home offers a spacious and versatile floor plan featuring 5 bedrooms, 3 full bathrooms, a dedicated office, and a convenient downstairs bedroom and full bath—ideal for guests or multi-generational living. The well-appointed kitchen showcases quartz countertops, a breakfast bar, rich wood cabinetry, upgraded appliances including a double oven, a pantry, and a sunny dining area that opens to the inviting family room. Relax by the cozy gas fireplace that creates the perfect gathering space. The separate living and dining rooms feature soaring ceilings and abundant windows that fill the home with natural light. Additional highlights include an owned solar system for energy savings, upstairs laundry, a spacious garage, and a backyard with plenty of room for a pool. Conveniently located near an elementary school, multiple parks, shopping, and local amenities, this sought after neighborhood also offers the added benefit of no HOA dues. Don't miss this exceptional opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 5,422 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Discovery Bay Unified Schools
Timber Point Elementary School
Grades K-5 • 0.2 mi
5/10
Excelsior Middle School
Grades 6-8 • 2.2 mi
5/10
Liberty High School
Grades 9-12 • 4.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.3 |
| Baths | 3.0 | 2.9 |
| Square foot | 3,022 | 2,373.026 |
| Lot Size | 5,422 | 7,207.895 |
| Price | $724.9K | $813.3K |
| Price per sq ft | $240 | $357 |
| Built year | 2002 | 1990 |
| HOA | $0 | $205 |
| Days on market | 27 | 57 |
Pricing History
Listed for Sale
Aug 13, 2026
$724,900
Initial Listing
Sold
Sep 19, 2022
$775,000
Public Record
Sold
Oct 20, 2017
$535,000
Public Record
Sold
May 16, 2003
$433,500
Public Record