
Stockton, CA 95204
This waterfront property presents a High-Potential Investment Opportunity with a List Price of $639,950—positioned well above the $594,701 Fair Market Value by -7%. While the pricing reflects a premium for its Waterfront Lifestyle and 0.34-acre lot, the home carries a Condition Rating of 5, indicating a need for significant modernization of original 1961 systems. The expansive layout and basement offer substantial value-add potential for Buy-and-Hold Investors or Owner-Occupants seeking a unique, customizable Smith Canal retreat with direct Delta access.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2920 Canal Dr Subject 4 bd · 4 ba · 3,005 sqft · $195 | $584,950* List Price | 4 | 4 | 3,005 | $195 | - |
A 2516 Bay Court Sold 4 bd · 3 ba · 2,713 sqft · $184 · 0.3 mi | $500,000 | 4 | 3 | 2,713 | $184 | 0.3 mi |
B 2303 Moreing Road Sold 3 bd · 3 ba · 2,439 sqft · $205 · 0.4 mi | $500,000 | 3 | 3 | 2,439 | $205 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 63 years old (built 1961) and appears largely original. The kitchen is highly dated with vintage appliances and original cabinetry requiring a full rehab. Exterior photos show significant cracking in the driveway, and while the interior is well-staged, the lack of modern updates to major systems and wet areas fits the >30-year rehab criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14819, living area = 3005.
The property features direct access to Smith Canal and the California Delta, allowing residents to boat directly to San Francisco Bay from their own backyard landing.
Boasting over 3,000 square feet, this home offers classic mid-century lines, slate flooring, and a versatile full basement suitable for a workshop, fitness area, or hobby space.
The local public schools, including Stagg Senior High and Hoover Elementary, carry low performance ratings, which may be a drawback for education-focused buyers.
Built in 1961, the home may require significant capital investment to modernize original systems or address the maintenance needs typical of an older waterfront property.
Waterfront living on Smith Canal. Four bedroom, three bath mid-century modern home with additional extra space. Gated security private entry on 0.34 acre lot. Primary suite with impressive scale, two fireplaces, well appointed kitchen, formal dining room. Finished lower level with approximately 300 square feet of basement provides flexible space for recreation or storage. Two additional rooms attached to carport, one with bathroom potential. Mature landscaping, covered and open patios overlook water. Water landing at property edge for boat access. Levee has been reinforced by seller. Direct Delta waterway access. Rare waterfront opportunity on Smith Canal."
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades K-8 • 0.5 mi
Grades K-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,005 | 1,580.795 |
| Lot Size | 14,819 | 6,358.036 |
| Price | $585.0K | $449.6K |
| Price per sq ft | $195 | $283 |
| Built year | 1961 | 1978 |
| HOA | $0 | $274 |
| Days on market | 86 | 58 |
Oct 7, 2026
$584,950
$589,950
-1% Price Drop
Initial Listing
Sep 29, 2026
$589,950
$629,950
-6% Price Drop
Initial Listing
Sep 8, 2026
$629,950
$639,950
-2% Price Drop
Initial Listing
Jul 30, 2026
$639,950
Initial Listing