
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 Drive Subject | $629,950* List Price | 3 | 4 | 3,005 | $197 | - |
A 2516 Bay Court Sold | $500,000 | 4 | 3 | 2,713 | $184 | 0.3 mi |
B 2754 Country Club Court Sold | $490,000 | 4 | 3 | 2,293 | $214 | 0.6 mi |
C 2303 Moreing Road Pending | $550,000 List Price | 3 | 3 | 2,439 | $226 | 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.
Boat to San Francisco from Your Own Backyard - Enjoy waterfront living on Smith Canal with direct access to the California Delta. Cruise through more than 1,000 miles of Delta waterways or point the bow west and take your boat all the way to San Francisco Bay. Tucked behind a gated entry on a private.34 acre lot, this mid-century modern home offers a rare blend of seclusion and style. Surrounded by mature landscaping and a peaceful setting, the home showcases clean modern mid-century lines, complemented by rich woodwork and slate flooring in select spaces. Inside, three spacious bedrooms and three full baths create a comfortable, generously scaled layout, anchored by an impressively sized primary suite. Two fireplaces add warmth and character. The well-appointed kitchen opens to a formal dining room that's perfect for entertaining after a day on the water. A full basement level provides exceptional flexibility and can serve as a playroom, game room, hobby space, workshop, fitness area, or additional storage. Out back, covered and open patios overlook the water, creating a beautiful and inviting setting for family gatherings, morning coffee, or evenings watching boats drift by. An existing landing sits at the water's edge. Whether you're seeking a peaceful waterfront retreat, a boater's paradise, or a distinctive mid-century home with room to entertain, this rare Smith Canal property offers a lifestyle few homes can match. Privacy, space, and open water properties like this rarely come available on Smith Canal. Schedule your private showing today.
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 | 3.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,005 | 1,597.396 |
| Lot Size | 14,819 | 6,405.68 |
| Price | $630.0K | $451.4K |
| Price per sq ft | $210 | $281 |
| Built year | 1961 | 1978 |
| HOA | $0 | $270 |
| Days on market | 41 | 56 |
Sep 8, 2026
$629,950
$639,950
-2% Price Drop
Initial Listing
Jul 30, 2026
$639,950
Initial Listing