493 Lighthouse Drive, Vallejo, CA 94590, Vallejo, 94590 - 3 bed, 2 bath
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Vallejo, CA 94590
This Condominium is a High-Potential Investment Opportunity, listed at $339,000—positioned well above the $306,037 Fair Market Value by -10%. While priced above market, the property features a Condition Rating of 3, boasting modern updates like Granite Countertops and Laminate Flooring. Residents enjoy a Pool, Clubhouse, and Private Patio in a gated waterfront community. Despite lower-rated local schools, the commuter-friendly location near the ferry terminal offers strong lifestyle appeal. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready waterfront lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 493 Lighthouse Drive Subject | $339,000* List Price | 3 | 2 | 1,058 | $289 | - |
A 367 Lighthouse Dr Sold | $265,000 | 2 | 2 | 918 | $289 | 0.1 mi |
B 535 Lighthouse Drive Active | $279,000 List Price | 3 | 2 | 1,058 | $264 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1988 (36 years old), the description indicates significant updates including granite countertops, laminate flooring, and modern appliances. These renovations place the interior in the 5-15 year update window, making it well-maintained and move-in ready.
Situated in a prestigious gated community near the Vallejo Waterfront and Ferry terminal, this property offers excellent accessibility for Bay Area commuters.
The unit features high-quality granite countertops, laminate flooring, and modern appliances, providing a contemporary and move-in-ready aesthetic.
Residents enjoy premium lifestyle perks including a swimming pool, clubhouse, bike and walking trails, plus the convenience of a private garage and extra storage.
The monthly HOA fee of $665 is substantial relative to the listing price, which may impact buyer affordability and overall monthly carrying costs.
The property is served by schools with lower performance ratings, particularly the high school at a 2/10, which may deter families and affect future resale value.
This Gorgeous 3BR/2BA Upper Unit is located in a prestigious Gated Community, Close to Vallejo Waterfront and Ferry terminal. It features Granite countertops, laminate flooring, with carpeting in bedrooms, with modern appliances. You will enjoy the pool, clubhouse, bike and walking trails. Enjoy the cool breeze on your private patio. It has a 1-car garage and additional storage for your convenience. A designer's delight.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 71% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,058 | 918 | 71% |
| Lot Size | - | 688 | 14% |
| Price | $339.0K | $265.0K | 71% |
| Price per sq ft | $320 | $283 | 71% |
| Built year | 1988 | 1988 | 50% |
| HOA | $665 | $610 | 57% |
| Days on market | 674 | 224 | 0% |
Aug 1, 2024
$339,000
Initial Listing
Dec 29, 2020
$330,000
Public Record
Sep 20, 2018
$260,000
Public Record
Nov 19, 2009
$75,000
Public Record
Aug 10, 2006
$335,000
Public Record