5034 Double Point Way, Discovery Bay, California 94505, Discovery Bay, 94505 - 4 bed, 3 bath
5034 Double Point Way
Discovery Bay, California 94505
Property Price
SUMMARY
Analysis of 5034 Double Point Way, Discovery Bay, California 94505 reveals a property with a current list price of $1,450,000, which is 10% above the estimated $1,295,610 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Discovery Bay Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5034 Double Point Way Subject | $1,450,000* List Price | 4 | 3 | 3,267 | $397 | - |
A 2035 Cypress Pt Sold | $1,306,000 | 4 | 3 | 3,050 | $428 | 0.7 mi |
B 5575 Marlin Dr Sold | $1,018,500 | 3 | 3 | 2,490 | $409 | 0.6 mi |
C 4451 Driftwood Ct Pending | $1,220,000 List Price | 4 | 3 | 3,300 | $370 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1978, has clearly undergone significant renovations as stated in the description and evidenced by the images. The kitchen features granite countertops, light wood cabinets (some with glass fronts), and a mix of stainless steel (refrigerator) and older built-in appliances (oven/microwave). While functional and well-maintained, the style of the cabinets and granite, along with some appliances, suggests a renovation that occurred approximately 15-20 years ago, not within the last 5-15 years. Flooring is a mix of tile and carpet, with some hardwood in a bedroom; the carpet appears clean but not new. Light fixtures are a mix of recessed lighting, ceiling fans, and traditional chandeliers. The description mentions 'upgraded bathrooms with contemporary fixtures,' but without specific images, it's reasonable to assume these upgrades align with the kitchen's renovation timeline. The home is well-maintained but the major components, particularly the kitchen's aesthetic, show signs of being outdated compared to current trends, fitting the 'Fair' criteria of being built over 20 years ago and renovated between 15 to 30 years ago.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Delta Waterfront Access
The property boasts immediate access to the Delta, offering scenic views and abundant outdoor recreational opportunities, making it highly desirable for a lifestyle-oriented buyer.
- Extensive Upgrades & Modern Finishes
The residence features numerous upgrades throughout, including modern finishes and contemporary fixtures in the bathrooms, enhancing its aesthetic appeal and comfort.
- Spacious & Open Layout
Designed with spacious living areas and an open layout, the home provides a comfortable and inviting atmosphere, with thoughtfully designed bedrooms offering ample space and privacy.
CONSRISKS & DEFICIENCIES
- Property Age (1978)
While upgraded, the original construction year of 1978 suggests that some core systems (e.g., plumbing, electrical, HVAC) might be older and could require future maintenance or replacement if not explicitly updated.
- Potential Overpricing
The listing price is 6% higher than the estimated market value, which could indicate the property is priced above current market expectations, potentially affecting buyer interest.
- Lack of Specific Upgrade Details
The description mentions 'numerous upgrades' but lacks specific details on what has been upgraded (e.g., roof, HVAC, windows, specific kitchen/bath components), which might raise questions for discerning buyers regarding the extent and quality of renovations.
About 5034 Double Point Way
Welcome to your dream home on the Delta! This stunning four-bedroom, three-bath residence offers a perfect blend of comfort and luxury, featuring numerous upgrades and amenities throughout. Designed to fulfill all your desires, this beautiful home is ideal for both relaxation and entertaining. Step inside and discover spacious living areas, modern finishes, and a open layout that exudes warmth and style. Each bedroom is thoughtfully designed, providing ample space and privacy for everyone. The upgraded bathrooms boast contemporary fixtures, elevating your daily routine. Located in a prime area on the Delta, this property offers immediate access to scenic views and outdoor activities. Whether you're relaxing by the water or enjoying nearby recreational options, this location caters to all your lifestyle needs. Don’t miss this incredible opportunity to own a fully furnished home in such a desirable location. This is a sought-after property that you want to experience firsthand. Schedule your viewing today and envision the life you've always dreamed of in this beautiful Delta oasis!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 7,200 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,267 | 2,300 | 85% |
| Lot Size | 7,200 | 7,200 | 50% |
| Price | $1.45M | $789.0K | 92% |
| Price per sq ft | $444 | $354 | 80% |
| Built year | 1978 | 1998 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 204 | 177 | 62% |
Pricing History
Listed for Sale
Aug 15, 2025
$1,450,000
Initial Listing