5141 Fern Ridge Cir, Discovery Bay, California 94505, Discovery Bay, 94505 - 4 bed, 4 bath
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Discovery Bay, California 94505
This Spacious Executive Residence is a High-Potential Investment Opportunity, listed at $699,950—positioned well below the $734,635 Fair Market Value by 4%. This valuation gap provides $34,685 in Instant Equity for a home in Good Condition. Located in the premier gated community of The Lakes, the 3,333 sqft layout features a multi-generational floor plan, 3-car garage, and private patio. Near Timber Point Elementary and Liberty High School, this is a perfect match for Owner-Occupants or growing families seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5141 Fern Ridge Cir Subject | $699,950* List Price | 4 | 4 | 3,333 | $220 | - |
A 5675 5675 Arcadia Cir Sold | $720,000 | 4 | 4 | 3,333 | $216 | 0.2 mi |
B 6454 Green Castle Cir Sold | $789,000 | 4 | 4 | 3,425 | $230 | 0.3 mi |
C 2342 Winchester Loop Sold | $730,000 | 4 | 3 | 2,913 | $251 | 0.6 mi |
D 5684 Arcadia Cir Sold | $775,000 | 6 | 4 | 3,333 | $233 | 0.2 mi |
E 3627 Otter Brook Loop Sold | $827,000 | 5 | 3 | 3,435 | $241 | 0.7 mi |
F 2233 Hampshire Dr Sold | $865,000 | 4 | 3 | 3,484 | $248 | 0.9 mi |
G 5563 Arcadia Cir Active | $835,000 List Price | 4 | 3 | 3,629 | $230 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property is well-maintained and move-in ready, fitting the 10-20 year age bracket for a 'good' rating. The kitchen features updated stainless steel appliances, granite countertops, and ample cabinetry. A significant highlight is the newly remodeled primary shower booth, while the rest of the home shows minimal wear with functional systems and clean finishes throughout.
Located in 'The Lakes,' the property offers 24-hour gated security and resort-style amenities including man-made lakes, tennis courts, basketball courts, and extensive walking trails.
The expansive 3,333 sqft floor plan features a rare main-floor bedroom and 1.5 baths, plus a bonus room, making it ideal for guests or multi-generational living arrangements.
The property includes a two-car main garage plus a separate third garage bay, providing superior flexibility for vehicle storage, a home gym, or a dedicated workshop.
While the high school is well-rated, the local elementary and middle schools carry average ratings, which may be a consideration for families prioritizing top-tier educational scores.
With a 3,333 sqft home situated on a 6,108 sqft lot, the outdoor yard space is relatively modest, potentially limiting options for large private gardens or extensive outdoor entertaining areas.
Located in the sought after gated community of The Lakes in Discovery Bay, this spacious 5+ bedroom, 3.5 bath, plus bonus room 2 story home offers 3333sf of living space. The open and expansive floor plan has 1 bedroom, 1.5 baths, and a bonus room located on the first floor. Living room/dining area at the front of the house is separated from the family room kitchen combo at the rear. There is ample kitchen cabinetry and counter space, an island, and a pantry closet. The upstairs primary bedroom is large, and has an en suite bathroom with 2 walk in closets, a newly remodeled shower booth, dual vanities, and separate tub. The house has a 2 car main garage, and there is a 3rd separate garage bay so parking and storage is well covered. The community has 24 hour gated security and patrols, and there are community amenities that have basketball courts, tennis courts, a baseball diamond, and bocce ball courts. In addition there are ample walking paths, landscaped green spaces, and community picnic/BBQ areas, and several man made lakes with walking trails.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 3.2 mi
Grades K-8 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 4.0 | 3.0 | 84% |
| Square foot | 3,333 | 2,293 | 88% |
| Lot Size | 6,108 | 7,200 | 17% |
| Price | $700.0K | $769.5K | 23% |
| Price per sq ft | $210 | $351 | 2% |
| Built year | 2005 | 1997 | 70% |
| HOA | $215.0 | $0 | 85% |
| Days on market | 37 | 177 | 2% |
Mar 16, 2026
$699,950
Initial Listing
Aug 14, 2009
$300,000
Public Record