51 Discovery Bay Blvd, Discovery Bay, California 94505, Discovery Bay, 94505 - 4 bed, 2 bath

51 Discovery Bay Blvd, Discovery Bay, California 94505 home-pic-0

51 Discovery Bay Blvd

Discovery Bay, California 94505

ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,778Sq Ft
10,498Lot Size

Property Price

LIST PRICE$1,275,000
EST. MARKET VALUE
$1,230,987
3% AboveMARKET VALUE

SUMMARY

Analysis of 51 Discovery Bay Blvd, Discovery Bay, California 94505 reveals a property with a current list price of $1,275,000, which is 3% above the estimated $1,230,987 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

$1,230,987
Based on Realkey algorithm analyzing recent comparable sales in Discovery Bay.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
51 Discovery Bay Blvd
Subject
$1,275,000*
List Price
421,778$692-
A
5590 Starboard Dr
Sold
$1,620,000452,400$6750.6 mi
B
5653 Drakes Drive
Pending
$999,999
List Price
321,445$6920.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1982, the property has undergone an extensive and high-quality renovation. The kitchen features modern white shaker cabinets, granite slab counters, stainless steel appliances, and recessed lighting, all appearing virtually new. Bathrooms are also beautifully remodeled with contemporary finishes. Gorgeous hardwood flooring throughout the main living areas and a new-looking composite deck further support a recent, comprehensive update, aligning with the 'extensively renovated within 5 years' criteria.

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 = 10498, living area = 1778.

  • Prime Waterfront Access & Frontage

    Boasts 102 feet of water frontage with direct 'SECONDS to fast water' access and a U-shaped dock with expansion potential, offering unparalleled access to over a thousand miles of Delta waterways.

  • Extensively Remodeled Interiors

    Features a truly unique remodeled single-story layout, including a chef's kitchen with granite slab counters, stainless steel appliances, and a massive island, as well as beautifully remodeled bathrooms and gorgeous hardwood flooring.

CONSRISKS & DEFICIENCIES

  • Age of Property Systems

    Built in 1982, the description highlights cosmetic remodels but does not specify updates to major systems (e.g., HVAC, plumbing, electrical), which may be original and could require future investment.

  • Ongoing Waterfront Maintenance Costs

    The extensive 102 feet of water frontage and U-shaped dock, while a significant amenity, will likely incur consistent maintenance responsibilities and potentially higher insurance premiums (e.g., flood insurance).

  • Potential for Noise/Traffic

    Being 'SECONDS to fast water' and having direct access to extensive waterways, while desirable, could also mean increased boat traffic and associated noise, especially during peak seasons.

About 51 Discovery Bay Blvd

SECONDS to fast water! Truly unique remodeled single story waterfront home on a huge lot. Stunning water views with 102 feet of water frontage. Room to expand home and/or add an in-ground pool, as well as expand the dock. Sought after location. Spacious open floor plan with soaring ceilings and lots of natural light, features 4 bedrooms and 2 bathrooms. Remodeled chef's kitchen features granite slab counters, stainless steel appliances, a massive island with bar seating and a cozy breakfast nook. Primary suite features gorgeous water views and sliding glass door to deck. Beautifully remodeled bathrooms. Gorgeous hardwood flooring. U-shaped dock with room to expand. Perfect for indoor/outdoor living and entertaining. Access to over a thousand miles of delta waterways from your backyard! Large side yard. Hurry this one is truly unique!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1982
Lot Size
10,498 Sq. Ft.

Interior

Total Bedrooms
4
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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths2.03.0
34%
Square foot1,7782,296
15%
Lot Size10,4987,200
96%
Price$1.27M$789.0K
87%
Price per sq ft$717$354
99%
Built year19821998
14%
HOA$0$0
50%
Days on market183178
54%

Pricing History

Listed for Sale

Sep 6, 2025

$1,275,000

Initial Listing

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