
Discovery Bay, California 94505
This Stunning Waterfront Sanctuary is a High-Potential Investment Opportunity, listed at $1,199,000—positioned well below the $1,237,170 Fair Market Value by 3%. This valuation gap offers $38,170 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home boasts a fully updated kitchen, luxury vinyl flooring, and a private dock with deep water access. With its eastern exposure and spa-ready deck, this property is an ideal fit for Waterfront Enthusiasts or Owner-Occupants seeking a turnkey, high-lifestyle residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4741 Discovery Pt Subject 4 bd · 3 ba · 2,819 sqft · $439 | $1,199,000* List Price | 4 | 3 | 2,819 | $439 | - |
A 4775 Discovery Pt Sold 4 bd · 3 ba · 2,902 sqft · $500 · 0.0 mi | $1,450,000 | 4 | 3 | 2,902 | $500 | 0.0 mi |
B 4813 South Pt Sold 4 bd · 3 ba · 2,871 sqft · $373 · 0.6 mi | $1,070,000 | 4 | 3 | 2,871 | $373 | 0.6 mi |
C 952 Lido Sold 4 bd · 4 ba · 3,170 sqft · $405 · 0.2 mi | $1,285,000 | 4 | 4 | 3,170 | $405 | 0.2 mi |
D 5621 Starboard Dr Sold 3 bd · 2 ba · 2,284 sqft · $482 · 0.8 mi | $1,100,000 | 3 | 2 | 2,284 | $482 | 0.8 mi |
E 5761 5761 Salmon Ct Sold 4 bd · 3 ba · 2,711 sqft · $535 · 0.7 mi | $1,450,000 | 4 | 3 | 2,711 | $535 | 0.7 mi |
F 1771 Wilde Dr Sold 5 bd · 3 ba · 2,888 sqft · $301 · 0.9 mi | $870,000 | 5 | 3 | 2,888 | $301 | 0.9 mi |
G 4839 Cabrillo Pt Sold 3 bd · 2 ba · 1,763 sqft · $547 · 0.3 mi | $965,000 | 3 | 2 | 1,763 | $547 | 0.3 mi |
H 1432 Willow Lake Rd Sold 4 bd · 3 ba · 2,252 sqft · $406 · 0.9 mi | $915,000 | 4 | 3 | 2,252 | $406 | 0.9 mi |
I 4880 Discovery Pt Active 4 bd · 3 ba · 2,636 sqft · $474 · 0.1 mi | $1,250,000 List Price | 4 | 3 | 2,636 | $474 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1982, the property has undergone a comprehensive recent renovation within the last 5 years. It features a modern kitchen with new custom cabinets and appliances, fully updated bathrooms, newer luxury vinyl plank flooring, fresh interior paint, and updated lighting, placing it in mint, move-in-ready condition.
Located in the desirable Lido Bay with deep water access and a private dock accommodating multiple watercraft, offering an ideal setting for water sports and delta living.
The property features a fully remodeled kitchen with custom cabinetry and new appliances, updated bathrooms, luxury vinyl flooring, and fresh interior paint, making it move-in ready.
Includes a convenient main-floor primary suite, a finished 3-car garage with 220V EV power, and significant storage solutions including a large area under the deck for water toys.
The oversized upstairs storage room is currently unfinished, requiring additional investment and construction to convert it into a functional office or extra bathroom.
Built in 1982, the home may have older underlying infrastructure or systems that could require maintenance compared to newer constructions in the Discovery Bay area.
Imagine owning this beautifully updated 4-bedroom home located right on the water's edge of Discovery Bay! Situated on one of the nicest streets with deep water access and private dock with accommodations for multiple watercrafts. Lido Bay is by far one of the best locations for enjoying water sports in this community. Thinking of a second home without hours and hours of driving? This is it! Or make it your full-time residence, entertain your friends, have your family over, sit in the deck spa, enjoy the holidays and play on the water! Eastern exposure at the rear, enjoy the morning sun through the large windows, covered outdoor patio and decking. Beautifully updated kitchen with new oven, microwave, fridge and recently updated stove and dishwasher. New custom cabinets too. With the primary bedroom on the first floor, the second level is perfect with 3 additional bedrooms, a large loft that is perfect for a game room. The oversized unfinished upstairs storage room could be an office, additional bathroom or simply finished off for easy storage. All bathrooms have been updated, newer luxury wood vinyl floors, recently painted interior and all newer lighting. Upstairs bedrooms enjoy gorgeous water views from the balconies. Fully finished 3 car garage with 220 EV power and epoxied floors. Enjoy the abundance of storage in the rear including huge amount of space under the deck for additional water toys (kayak, jet skis, more! This home has so much to offer, it's an amazing price and ready to move right in! So convenient to shops and restaurants, just minutes away! Easy to show, just give your realtor a call or contact us. www.4741DiscoveryPt.com
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 3.0 | 2.9 |
| Square foot | 2,819 | 2,387.188 |
| Lot Size | 6,720 | 7,213.021 |
| Price | $1.20M | $813.4K |
| Price per sq ft | $425 | $353 |
| Built year | 1982 | 1992 |
| HOA | $0 | $206 |
| Days on market | 10 | 57 |
Oct 14, 2026
$1,199,000
Initial Listing