2779 Cherry Hills Dr, Discovery Bay, California 94505, Discovery Bay, 94505 - 3 bed, 3 bath
2779 Cherry Hills Dr
Discovery Bay, California 94505
Property Price
SUMMARY
Analysis of 2779 Cherry Hills Dr, Discovery Bay, California 94505 reveals a Prime Investment Opportunity with a current list price of $650,000—significantly undercutting the $696,859 Fair Market Value by 7%. This valuation gap indicates a +$46,859 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Discovery Bay Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2779 Cherry Hills Dr Subject | $650,000* List Price | 3 | 3 | 1,992 | $350 | - |
A 2481 Wayfarer Ct Sold | $660,000 | 3 | 3 | 1,992 | $331 | 0.4 mi |
B 1736 Cherry Hills Dr Sold | $699,000 | 3 | 3 | 2,212 | $316 | 0.8 mi |
C 1100 Saint Andrews Drive Sold | $769,000 | 3 | 2 | 1,868 | $412 | 0.6 mi |
D 2253 Firwood Ct Sold | $638,750 | 2 | 2 | 1,632 | $391 | 0.5 mi |
E 2301 Firwood Ct Sold | $560,000 | 2 | 2 | 1,632 | $343 | 0.5 mi |
F 2675 Cherry Hills Dr Active | $665,000 List Price | 3 | 3 | 2,212 | $301 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1990, this property is 34 years old, but the listing and images indicate significant updates. The kitchen features granite countertops, stainless steel appliances (including double ovens and a built-in microwave), and white cabinetry, which, while not ultra-modern, appear to have been updated within the last 10-15 years and are in good condition. Bathrooms also show updated vanities with granite tops and tiled showers. The property benefits from 'newer HVAC system and newer water heater' and 'fresh interior paint,' making it move-in ready with no immediate renovations required. The overall condition, including hardwood flooring and well-maintained carpets, aligns with a 'Good' rating, indicating a well-maintained home with updates within the 5-15 year range for key components.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Views
The property boasts a desirable golf course frontage with no rear neighbors, offering peaceful views of green fairways and tranquil ponds within a secure, gated community.
- Modernized Comfort Systems
Recent upgrades include a newer HVAC system and water heater, providing enhanced comfort and efficiency for residents.
- Spacious & Updated Interior
Features soaring ceilings, fresh interior paint, a spacious open layout ideal for entertaining, and a huge kitchen with generous granite counters and a large island.
CONSRISKS & DEFICIENCIES
- Potential for Dated Elements
Built in 1990, and while some systems are updated, other original components (e.g., roof, windows, non-kitchen bathrooms) may be older and could require future maintenance or upgrades.
- Mandatory HOA Fees
The property is subject to a monthly association fee of $135.0, which adds to the ongoing cost of homeownership.
- Niche Community Appeal
Discovery Bay, while offering resort-style living, is a specific location that may not appeal to all buyers, particularly those seeking closer proximity to urban centers or a wider range of amenities.
About 2779 Cherry Hills Dr
No Rear Neighbors! Beautiful Golf Course Retreat in a Gated Community Welcome to this light-filled home located behind the gates of the Discovery Bay Country Club! Your rear neighbor is the serene golf course, offering peaceful views of green fairways and tranquil ponds. Step inside to soaring ceilings, fresh interior paint, and a spacious open layout perfect for entertaining. The huge kitchen is a chef’s delight, featuring generous granite counters, abundant cabinetry, and a large island that flows seamlessly into the family and dining areas. Enjoy year-round comfort with a newer HVAC system and newer water heater. Outside, unwind beneath the beautiful new pergola—the perfect spot to sip morning coffee while listening to the birds sing and taking in the fresh air. Your living space opens to the backyard for easy indoor-outdoor living, while upstairs is the Primary Suite and bedroom, which offer plenty of space. Bedroom and full bathroom downstairs offer a great guest room or home office. Additional highlights: two-car garage, low-maintenance landscaping, community security, and nearby golf, lakes, and walking paths. Come experience Discovery Bay living—where resort-style tranquility meets everyday comfort.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 5,660 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $135.0 / Month
Neighborhood Insights
Discovery Bay Unified Schools
Discovery Bay Elementary School
Grades K-5 • 0.7 mi
Excelsior Middle School
Grades 6-8 • 2.8 mi
Liberty High School
Grades 9-12 • 6.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,992 | 2,296 | 30% |
| Lot Size | 5,660 | 7,200 | 9% |
| Price | $650.0K | $780.0K | 10% |
| Price per sq ft | $326 | $353 | 38% |
| Built year | 1990 | 1998 | 34% |
| HOA | $135.0 | $0 | 56% |
| Days on market | 141 | 176 | 35% |
Pricing History
Listed for Sale
Oct 17, 2025
$650,000
Initial Listing