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

3205 Pleasant Bay Circle
Modesto, CA 95355
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3205 Pleasant Bay Circle Subject | $679,000* List Price | 3 | 3 | 2,864 | $254 | - |
A 2008 Lakeview Court Sold | $536,000 | 4 | 3 | 2,430 | $221 | 0.2 mi |
B 3213 Lakeshore Court Sold | $645,000 | 3 | 2 | 2,263 | $285 | 0.1 mi |
C 1416 Buttonwillow Drive Sold | $583,000 | 4 | 2 | 2,212 | $264 | 0.6 mi |
D 2036 Waterfall Court Sold | $595,000 | 4 | 3 | 2,258 | $264 | 0.1 mi |
E 2805 Medinah Way Pending | $558,950 List Price | 5 | 3 | 2,691 | $208 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Somerset Middle School
Grades 6-8 • 1.1 mi
Fred C. Beyer High School
Grades 9-12 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 2,864 | 1,704 | 94% |
| Lot Size | 7,000 | 6,599 | 60% |
| Price | $679.0K | $465.0K | 93% |
| Price per sq ft | $237 | $284 | 17% |
| Built year | 1989 | 1984 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 173 | 3% |
Pricing History
Listed for Sale
Feb 11, 2026
$679,000
Initial Listing





































