4883 Cabrillo Pt, Discovery Bay, California 94505, Discovery Bay, 94505 - 2 bed, 2 bath
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4883 Cabrillo Pt
Discovery Bay, California 94505
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,730Sq Ft
7,200Lot Size
Property Price
LIST PRICE$799,999
EST. MARKET VALUE
$720,881
10% AboveMARKET VALUE
SUMMARY
This Waterfront Residential Property represents a High-Potential Investment Opportunity, listed at $799,999—positioned well above the $720,881 Fair Market Value by 10%. While the price reflects a premium, the 4/10 Condition Rating and 1,730 sqft layout offer significant value-add potential through cosmetic modernization. Featuring a private backyard dock and unobstructed Delta views, the home provides a unique lifestyle asset. With a 7,200 sqft lot, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a waterfront renovation project.
Estimated Market Value
$720,881
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 |
|---|---|---|---|---|---|---|
★ 4883 Cabrillo Pt Subject 2 bd · 2 ba · 1,730 sqft · $417 | $799,999* List Price | 2 | 2 | 1,730 | $417 | - |
A 1755 Surfside Ct Sold 3 bd · 2 ba · 1,689 sqft · $401 · 0.6 mi | $677,500 | 3 | 2 | 1,689 | $401 | 0.6 mi |
B 1732 Dolphin Pl Sold 4 bd · 3 ba · 1,867 sqft · $388 · 0.5 mi | $725,000 | 4 | 3 | 1,867 | $388 | 0.5 mi |
C 1760 Anchorage Way Sold 3 bd · 3 ba · 1,668 sqft · $515 · 0.7 mi | $859,000 | 3 | 3 | 1,668 | $515 | 0.7 mi |
D 1794 Seal Way Sold 3 bd · 2 ba · 2,153 sqft · $395 · 0.8 mi | $850,000 | 3 | 2 | 2,153 | $395 | 0.8 mi |
E 2205 Breaker Ct Sold 4 bd · 3 ba · 1,897 sqft · $337 · 0.7 mi | $639,000 | 4 | 3 | 1,897 | $337 | 0.7 mi |
F 4630 Spinnaker Way Sold 3 bd · 2 ba · 1,543 sqft · $531 · 0.9 mi | $820,000 | 3 | 2 | 1,543 | $531 | 0.9 mi |
G 1820 Anchorage Way Pending 3 bd · 3 ba · 1,668 sqft · $479 · 0.7 mi | $799,000 List Price | 3 | 3 | 1,668 | $479 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1977, the home is exceptionally well-maintained but remains largely dated. The kitchen features older oak cabinetry and black appliances likely exceeding 20 years in age. While move-in ready and functional, the interior finishes and systems require cosmetic and modern updates to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7200, living area = 1730.
- Prime Waterfront Access
Located in the 'Deep Water' subdivision with a private backyard dock, this property offers immediate access to the Delta and is just minutes from fast water for boating and fishing.
- Flexible Floor Plan
The 1,730 square foot layout includes a versatile bonus loft, providing essential space for a home office or guest accommodations that complements the two main bedrooms.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1730, other record living area = 1449.
- Limited Bedroom Count
With only two formal bedrooms, the home may have restricted appeal for larger families or buyers requiring more traditional private living quarters.
- Property Age
Built in 1977, the residence may require modern updates or renovations to meet contemporary energy efficiency standards and aesthetic preferences.
About 4883 Cabrillo Pt
LOCATION! LOCATION! LOCATION! Here's your opportunity to own a Delta waterfront home just minutes from fast water! Enjoy endless boating, fishing and family water activities right from your own backyard dock. This spacious 2-bedroom home features a bonus loft, perfect for an office or bedroom. Your own private slice of waterfront living awaits. DONT MISS THIS OPPORTUNITY!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 7,200 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 3.5 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,730 | 2,387.188 |
| Lot Size | 7,200 | 7,213.021 |
| Price | $800.0K | $813.4K |
| Price per sq ft | $462 | $353 |
| Built year | 1977 | 1992 |
| HOA | $0 | $206 |
| Days on market | 6 | 57 |
Pricing History
Listed for Sale
Oct 20, 2026
$799,999
Initial Listing
Price Change
Oct 19, 2026
$850,000
Initial Listing