3205 Pleasant Bay Circle, Modesto, CA 95355, Modesto, 95355 - 3 bed, 3 bath

3205 Pleasant Bay Circle, Modesto, CA 95355 home-pic-0

3205 Pleasant Bay Circle

Modesto, CA 95355

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,864Sq Ft
7,000Lot Size

Property Price

LIST PRICE$679,000
EST. MARKET VALUE
$728,106
6% BelowMARKET VALUE

SUMMARY

Analysis of 3205 Pleasant Bay Circle, Modesto, CA 95355 reveals a Prime Investment Opportunity with a current list price of $679,000—significantly undercutting the $728,106 Fair Market Value by 6%. This valuation gap indicates a +$49,106 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 Modesto 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

$728,106 +$49,106 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Modesto.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3205 Pleasant Bay Circle
Subject
$679,000*
List Price
332,864$254-
A
2008 Lakeview Court
Sold
$536,000432,430$2210.2 mi
B
3213 Lakeshore Court
Sold
$645,000322,263$2850.1 mi
C
1416 Buttonwillow Drive
Sold
$583,000422,212$2640.6 mi
D
2036 Waterfall Court
Sold
$595,000432,258$2640.1 mi
E
2805 Medinah Way
Pending
$558,950
List Price
532,691$2081.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This 1989-built home is in move-in ready condition and shows clear pride of ownership. It features several key updates that align with the 'good' category, including a roof replaced in 2012, an HVAC system from 2013, and a kitchen with upgraded countertops and newer appliances. While the home maintains its original 1980s architectural character, the maintenance of major systems and the partial interior updates ensure it is functional and well-maintained without requiring immediate renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Waterfront Location & Views

    Situated in the desirable Naraghi Lakes community, this property offers rare waterfront views and a serene, park-like backyard oasis that significantly enhances its market appeal.

  • Spacious & Functional Design

    The 2,864 sq. ft. floor plan features large bedrooms, an upgraded kitchen, and an extra-large garage, providing ample space and 'storage galore' for growing families or hobbyists.

  • Proactive Maintenance

    The home shows strong pride of ownership with essential capital improvements already completed, including a newer roof (2012) and a newer HVAC system (2013).

CONSRISKS & DEFICIENCIES

  • School District Ratings

    The assigned elementary school has a lower rating (3/10), which may be a deterrent for families specifically seeking high-performing educational boundaries.

  • Aging Major Systems

    Although the roof and HVAC are newer than the original 1989 build, they are now 11-12 years old and will require closer inspection as they approach the mid-point of their expected lifespans.

About 3205 Pleasant Bay Circle

Welcome to this beautifully maintained home in Naraghi Lakes, offering the perfect blend of comfort, style, and functionality. Pride of ownership shines throughout this 2,864 sq. ft. home, set on a 7,000-sq. ft. lot with stunning curb appeal. Step inside to find 3-4 large bedrooms and 3 baths, tasteful color choices that create a warm and inviting atmosphere, and storage GALORE! The kitchen features upgraded countertops, newer appliances, and plenty of storage ideal for both everyday living and entertaining. The extra-large garage has room for all of your toys. The open layout makes it perfect for gatherings with family and friends. This home also boasts a newer roof installed 2012, and newer HV/AC installed in 2013. Outdoors, enjoy your own park-like backyard oasis complete with covered patio, lush landscaping, and plenty of space to relax or host summer barbecues. Lovingly cared for and move-in ready, this home truly has it all! Space, charm, and an unbeatable location. Come and see!! This one will not disappoint!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1989
Lot Size
7,000 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Modesto Unified Schools

Sylvan Elementary School

Grades K-5 • 0.8 mi

3/10

Somerset Middle School

Grades 6-8 • 1.1 mi

5/10

Fred C. Beyer High School

Grades 9-12 • 0.4 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
63%
Square foot2,8641,704
94%
Lot Size7,0006,599
60%
Price$679.0K$465.0K
93%
Price per sq ft$237$284
17%
Built year19891984
63%
HOA$0$0
50%
Days on market24173
3%

Pricing History

Listed for Sale

Feb 11, 2026

$679,000

Initial Listing

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