4841 Spinnaker Way, Discovery Bay, California 94505, Discovery Bay, 94505 - 3 bed, 2 bath
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4841 Spinnaker Way
Discovery Bay, California 94505
ACTIVE
CONDITION: GOOD
3Beds
2Baths
2,228Sq Ft
6,840Lot Size
Property Price
LIST PRICE$860,000
EST. MARKET VALUE
$808,255
6% AboveMARKET VALUE
SUMMARY
This Turnkey Waterfront Residence represents a Strong Value Opportunity, listed at $860,000—positioned well above the $808,255 Fair Market Value by -6%. While priced at a premium, the home features a Condition Rating of 3, boasting significant capital improvements including owned solar, a new roof, and newer HVAC. The panoramic deep-water waterfront view and move-in-ready status offer an immediate lifestyle upgrade. This property is an ideal acquisition for Waterfront Lifestyle Seekers or Owner-Occupants prioritizing a maintenance-free, high-quality living experience.
Estimated Market Value
$808,255
Based on Realkey algorithm analyzing recent comparable sales in Discovery Bay.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4841 Spinnaker Way Subject | $860,000* List Price | 3 | 2 | 2,228 | $363 | - |
A 2219 Colonial Ct Sold | $650,000 | 3 | 2 | 2,123 | $306 | 0.3 mi |
B 1915 Edgeview Way Sold | $750,000 | 4 | 3 | 2,585 | $290 | 0.2 mi |
C 2459 Del Mar Ct Sold | $659,999 | 3 | 3 | 2,368 | $279 | 0.5 mi |
D 4596 Cove Ln Sold | $755,000 | 3 | 3 | 2,420 | $312 | 0.4 mi |
E 2205 Breaker Ct Sold | $639,000 | 4 | 3 | 1,897 | $337 | 0.2 mi |
F 1090 Saint Andrews Dr Sold | $789,000 | 3 | 2 | 1,931 | $409 | 0.4 mi |
G 1755 Surfside Ct Sold | $677,500 | 3 | 2 | 1,689 | $401 | 0.6 mi |
H 2287 Cove Ct Sold | $875,500 | 3 | 2 | 1,814 | $483 | 0.2 mi |
I 4681 Spinnaker Way Active | $880,000 List Price | 3 | 2 | 2,168 | $406 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1989 (35 years old), the property is exceptionally well-maintained with significant recent capital improvements including a new roof, newer HVAC system, owned solar, and new luxury flooring throughout. While the kitchen and bathrooms appear dated with original oak cabinetry and tile countertops, the home is move-in ready with no deferred maintenance, fitting the criteria for a well-maintained, functional residence.
PROSSTRENGTHS & OPPORTUNITIES
- Deep-Water Access
The property offers direct deep-water access, providing a premium opportunity for boating enthusiasts to enjoy the Discovery Bay waterfront lifestyle at a competitive price point.
- Significant Capital Improvements
Equipped with owned solar, a new roof, newer HVAC, and new luxury flooring, the home offers immediate energy efficiency and minimizes near-term maintenance expenses for the buyer.
- Exceptional Maintenance
Meticulously cared for by the original owners with no deferred maintenance, this move-in-ready residence reflects a high pride of ownership that ensures a turnkey transition.
CONSRISKS & DEFICIENCIES
- Dated Configuration
Built in 1989, the 3-bedroom, 2-bathroom layout may feel less contemporary compared to modern builds that typically offer more bathrooms or open-concept living for this square footage.
- Standard Lot Size
The 6,840 sqft lot is relatively modest for a waterfront property, which may limit extensive outdoor entertaining areas or future structural expansions.
About 4841 Spinnaker Way
Welcome to 4841 Spinnaker Way, a beautifully maintained deep-water home showcasing true pride of ownership! Lovingly cared for by its original owners, this immaculate 3-bedroom, 2-bathroom, 2,228 sq. ft. home is an incredible opportunity to enjoy the waterfront lifestyle. If you've always dreamed of owning a home on the water without breaking the bank, this could be the one! Enjoy deep-water living while benefiting from a home that has been exceptionally cared for from day one. Improvements include new luxury flooring throughout, owned solar, new gutters, newer HVAC system and a new roof was installed when the solar system was added. This home has no deferred maintenance, and is move-in ready. The pride of ownership is evident throughout—making this a fantastic opportunity to get on the water and start enjoying the deep-water lifestyle!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 6,840 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.9 |
| Square foot | 2,228 | 2,373.026 |
| Lot Size | 6,840 | 7,207.895 |
| Price | $860.0K | $813.3K |
| Price per sq ft | $386 | $357 |
| Built year | 1989 | 1990 |
| HOA | $0 | $205 |
| Days on market | 16 | 57 |
Pricing History
Listed for Sale
Aug 24, 2026
$860,000
Initial Listing