2503 Baywood Way, Richmond, California 94804, Richmond, 94804 - 2 bed, 3 bath
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Richmond, California 94804
This Move-In Ready Marina Bay Condominium is a Strong Value Opportunity with a List Price of $500,000—positioned well below the $544,464 Fair Market Value by 8%. This valuation gap offers $44,464 in Instant Equity for a home with a Condition Rating of 3. Featuring dual primary suites, a modernized kitchen with shaker cabinetry and stone countertops, and a private patio, the property balances lifestyle with financial upside. Located in the West Contra Costa District near the Richmond Ferry, it is ideal for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2503 Baywood Way Subject | $500,000* List Price | 2 | 3 | 1,101 | $495 | - |
A 184 184 Schooner Ct Sold | $580,000 | 2 | 2 | 997 | $582 | 0.2 mi |
B 3401 Jetty Dr Sold | $568,000 | 2 | 3 | 1,144 | $497 | 0.1 mi |
C 2605 Beach Head Ct Sold | $620,000 | 3 | 3 | 1,251 | $496 | 0.1 mi |
D 166 Bayside Ct Sold | $432,500 | 2 | 1 | 847 | $511 | 0.5 mi |
E 1205 Melville Square 108 Sold | $485,000 | 2 | 2 | 1,011 | $480 | 0.2 mi |
F 221 Bayside Ct Sold | $512,500 | 2 | 2 | 1,007 | $509 | 0.6 mi |
G 2146 2146 Sand Dollar Dr Active | $599,000 List Price | 2 | 2 | 1,079 | $555 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in-ready condition with several key updates that elevate it above a fair rating. The kitchen has been modernized with shaker-style cabinetry, stone countertops, and a full suite of stainless steel appliances. Additionally, the home features fresh interior paint, new carpeting in the bedrooms, and contemporary laminate flooring in the main living areas. While the bathroom cabinetry appears more dated, the overall maintenance and recent cosmetic improvements meet the criteria for a high-quality, well-maintained home.
Ideally situated near the Richmond ferry and Interstate 580, this property offers seamless access for Bay Area commuters.
Both bedrooms feature private en-suite bathrooms, providing an excellent layout for privacy, guests, or a roommate configuration.
The home boasts fresh interior paint and brand-new carpeting, allowing buyers to settle in immediately without the need for initial renovations.
The assigned public schools have relatively low performance ratings, which may be a drawback for families prioritizing education.
The $490 monthly association fee adds a significant recurring expense to the overall cost of ownership compared to non-HOA properties.
Welcome to 2503 Baywood Way, a move-in-ready home in the Richmond Marina Bay neighborhood with TWO PARKING SPACES! This 2-bedroom, 2.5-bath home offers 1,101 sq ft of comfortable living space, featuring fresh interior paint and new carpet on the stairs and in both bedrooms. The open layout connects the living, dining, and kitchen areas-perfect for everyday living or entertaining. Upstairs, both bedrooms include their own private bathrooms, with a convenient half bath on the main level. Ideally located near Anh Restaurant & Bar, Lara's Fine Dining, and The Artisan Kitchen and Cafe, and just minutes from the ferry and Interstate 580-making commuting a breeze.
No exterior & parking available.
Grades K-6 • 1.9 mi
Grades 7-8 • 2.6 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 1.5 | 75% |
| Square foot | 1,101 | 956 | 71% |
| Lot Size | 519 | 2,124 | 29% |
| Price | $500.0K | $438.8K | 64% |
| Price per sq ft | $454 | $490 | 29% |
| Built year | 1996 | 1992 | 79% |
| HOA | $490.0 | $630 | 21% |
| Days on market | 12 | 175 | 4% |
Apr 10, 2026
$500,000
Initial Listing
Jul 31, 1996
$164,500
Public Record