
Discovery Bay, California 94505
This Turnkey Waterfront Residence is a High-Potential Investment Opportunity, listed at $1,099,000—positioned slightly above the $1,041,063 Fair Market Value. While the price reflects a premium for its Condition Rating of 3, the property offers a rare Double U Dock and Fast Water Access, making it a premier lifestyle asset. With Updated Flooring, Fresh Paint, and an Expansive Waterside Deck, the home is move-in ready. This property is an ideal acquisition for Waterfront Lifestyle Seekers or Owner-Occupants prioritizing immediate, high-quality Delta living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 281 Discovery Bay Blvd Subject | $1,068,000* List Price | 3 | 2 | 1,788 | $566 | - |
A 231 Discovery Bay Blvd Sold | $1,250,000 | 4 | 3 | 2,229 | $561 | 0.1 mi |
B 5653 Drakes Drive Sold | $900,000 | 3 | 2 | 1,445 | $623 | 0.7 mi |
C 301 Discovery Bay Blvd Sold | $1,189,000 | 3 | 3 | 2,290 | $519 | 0.0 mi |
D 5491 Beaver Lane Active | $1,200,000 List Price | 3 | 3 | 1,868 | $642 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1981 but well-maintained with a 5-15 year old renovation profile. Features updated flooring, fresh interior paint, and modernized kitchen and bathrooms. The property is move-in ready and functional for waterfront living.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7560, living area = 1788.
The property features a double U dock and premier 2-minute access to fast water, offering an unparalleled lifestyle for boating and water sports enthusiasts.
The home's eastern orientation provides desirable morning sunlight and afternoon shade on the expansive deck, perfect for outdoor entertaining and comfort.
Constructed in 1981, the home may soon require maintenance or replacement of original major systems such as the roof or HVAC despite recent cosmetic upgrades.
At nearly $1.1M for 1,788 square feet, the property commands a premium price point that may challenge buyers looking for more interior living space.
Experience prime Discovery Bay waterfront living in this single-story waterfront home featuring coveted eastern exposure, double u dock and effortless 2-minute access to fast water. Inside, updated flooring and baseboards plus fresh interior paint create a bright, cohesive feel throughout the open layout. The spacious great room captures sweeping water views and flows naturally into the updated kitchen, designed for both everyday comfort and entertaining. Large sliding doors lead to an expansive waterside deck, perfect for morning sun, outdoor dining, and enjoying the deep, tranquil bay. Ideally located close to the marina, this home blends convenience, lifestyle, and the true Delta experience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,788 | 2,088 |
| Lot Size | 7,560 | 7,500 |
| Price | $1.07M | $773.7K |
| Price per sq ft | $597 | $349 |
| Built year | 1981 | 1983 |
| HOA | $0 | $202 |
| Days on market | 48 | 64 |
Jun 30, 2026
$1,068,000
$1,099,000
-3% Price Drop
Initial Listing
Jun 5, 2026
$1,099,000
Initial Listing
Aug 8, 2000
$440,000
Public Record