4691 Spinnaker Way, Discovery Bay, California 94505, Discovery Bay, 94505 - 3 bed, 2 bath

4691 Spinnaker Way, Discovery Bay, California 94505 home-pic-0
ACTIVE$819,800
4691 Spinnaker Way, Discovery Bay, California 94505
3Beds
2Baths
1,543Sqft
7,680Lot

Price Vs. Estimate

The estimated value ($738,904.605) is $80,895.395 (9%) lower than the list price ($819,800). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7680, living area = 1543.
Top Cons:
Property Age: Built in 1986, the property is nearly 40 years old, which may raise concerns about the condition or efficiency of major systems not explicitly mentioned as updated.

Compared to the nearby listings

Price:$819.8K vs avg $793.2K (+$26,550)55%
Size:1,543 sqft vs avg 2,339 sqft1%
Price/sqft:$531 vs avg $35396%

More Insights

Built in 1986 (39 years old).
Condition: Built in 1986, this property is 38 years old. While it benefits from recent cosmetic updates such as new interior paint, Pergo flooring throughout, and stainless steel kitchen appliances, the core elements of the kitchen and primary bathroom are significantly dated. The kitchen features older style wood cabinets, tile countertops, and a dated fluorescent light fixture. Similarly, the primary bathroom has matching tile countertops, older cabinets, and dated lighting. These areas would require substantial renovation to meet current aesthetic and functional standards, moving it beyond 'minor updates' but not requiring 'substantial repairs' for functionality.
Year Built
1986
Close
-
List price
$820K
Original List price
$850K
Price/Sqft
$531
HOA
-
Days on market
-
Sold On
-
MLS number
41113459
Home ConditionFair
Features
Excellent View: Water
Deck
ViewWater

About this home

OPEN HOUSE SATURDAY 12/13 11:00 - 1:00 - LIVE WHERE YOU PLAY - WATERFRONT SINGLE STORY! PRIVATE U-DOCK WITH METAL BOAT COVER AND AMPLE WATER SPACE FOR ADDITIONAL WATER TOYS - Open concept living area with Pergo flooring throughout - New interior paint - Kitchen w/SS appliances - Great room w/high vaulted ceiling, dining area & fireplace - Primary with water view and slider to access back deck, high vaulted ceiling, 3 closets, bath offers stall shower and dual sinks - Spacious back deck w/Trellis overhang plus fenced side yard w/grass & tool shed - All this and more...

Condition Rating
Fair

Built in 1986, this property is 38 years old. While it benefits from recent cosmetic updates such as new interior paint, Pergo flooring throughout, and stainless steel kitchen appliances, the core elements of the kitchen and primary bathroom are significantly dated. The kitchen features older style wood cabinets, tile countertops, and a dated fluorescent light fixture. Similarly, the primary bathroom has matching tile countertops, older cabinets, and dated lighting. These areas would require substantial renovation to meet current aesthetic and functional standards, moving it beyond 'minor updates' but not requiring 'substantial repairs' for functionality.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7680, living area = 1543.
Prime Waterfront Access: Direct Delta waterfront access with a private U-dock, metal boat cover, and ample space for additional water toys, offering exceptional recreational opportunities.
Desirable Single-Story Layout: The single-story design provides ease of access and a comfortable living experience, appealing to a wide range of buyers.
Recent Cosmetic Updates: Features new interior paint, Pergo flooring throughout, and stainless steel appliances, contributing to a fresh and move-in ready aesthetic.
Open Concept & Architectural Appeal: An open concept living area with high vaulted ceilings in the great room and primary suite, complemented by a fireplace, enhances spaciousness and character.
Enhanced Outdoor Living: A spacious back deck with a trellis overhang, a fenced side yard with grass, a tool shed, and water views from the primary suite maximize outdoor enjoyment.

Cons

Property Age: Built in 1986, the property is nearly 40 years old, which may raise concerns about the condition or efficiency of major systems not explicitly mentioned as updated.
Recent Price Adjustment: A recent price reduction from $849,800 to $819,800 could indicate initial overpricing or a longer market time, potentially affecting buyer perception.
Limited System Updates Detail: While cosmetic updates are noted, the description lacks specific details on updates to critical systems like HVAC, plumbing, or electrical, which might be a consideration for a property of this vintage.

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