
Discovery Bay, California 94505
This Waterfront Residential Property represents a Strong Value Opportunity, listed at $1,175,000—positioned above the $1,082,239 Fair Market Value. While currently priced for the premium market, the home features a Condition Rating of 3, highlighted by a Granite Kitchen and Panoramic Delta Views. With a massive 1,000 sq. ft. storage area and Premium Boating Amenities including a double dock and boat lifts, this home offers a unique lifestyle for water enthusiasts. It is an ideal acquisition for Waterfront Lifestyle Seekers or Owner-Occupants prioritizing direct Delta access.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5491 Beaver Lane Subject | $1,175,000* List Price | 3 | 3 | 1,868 | $579 | - |
A 4859 Cabrillo Pt Sold | $1,350,000 | 3 | 3 | 2,245 | $601 | 0.8 mi |
B 5653 Drakes Drive Sold | $900,000 | 3 | 2 | 1,445 | $623 | 0.5 mi |
C 281 Discovery Bay Blvd Pending | $1,068,000 List Price | 3 | 2 | 1,788 | $597 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1983, the home has been well-maintained and updated. The kitchen features granite countertops and premium KitchenAid appliances, and the hardwood flooring is in great condition. The bathroom and cabinetry styles suggest a renovation within the 5-15 year range. Systems visible in the storage area, such as HVAC ducting, appear modern and functional, making the home move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7680, living area = 1868.
The property features exceptional waterfront utility with a premium double dock, two HydroHoist boat lifts, brand-new dock canopies, and direct access to Delta fast water within minutes.
An impressive three-level redwood deck system with a built-in bar, trellis-covered seating, and panoramic water views maximizes indoor-outdoor living and entertaining potential.
The property has been on the market for 91 days and has already required a price reduction from its original listing price, indicating potential resistance from buyers at the initial valuation.
Built in 1983, the home is over 40 years old, which may require buyers to anticipate upcoming maintenance or upgrades to older core infrastructure systems despite the cosmetic updates.
Experience Delta waterfront living at its finest in this beautifully updated home featuring panoramic water views, exceptional outdoor entertaining spaces, premium boating amenities, and minutes to fast water! Inside, you'll find warm hardwood floors throughout the main living areas, an inviting open-concept layout, and a stylish kitchen equipped with KitchenAid appliances, granite countertops, and abundant cabinetry. The spacious living room includes a custom built-in bar, creating the perfect setting for entertaining family and friends.Step outside to an impressive three-level redwood deck system with durable vinyl railings and gates, designed to maximize indoor-outdoor living. The expansive deck features a built-in bar and trellis-covered seating area ideal for sunset dining and waterfront gatherings. Boating enthusiasts will appreciate the stainless steel gangway leading to a premium double dock outfitted with Brock Dock decking, two HydroHoist boat lifts, and two brand-new dock canopies offering convenience, protection, and direct Delta access right from your backyard. Beneath the home there is approximately 1,000 sq. ft. cement slab storage area with integrated drainage provides exceptional space for water toys, tools, workshop use, and additional waterfront storage needs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 2.9 |
| Square foot | 1,868 | 2,373.026 |
| Lot Size | 7,680 | 7,207.895 |
| Price | $1.18M | $813.3K |
| Price per sq ft | $629 | $357 |
| Built year | 1983 | 1990 |
| HOA | $0 | $205 |
| Days on market | 113 | 57 |
Aug 18, 2026
$1,175,000
$1,200,000
-2% Price Drop
Initial Listing
May 19, 2026
$1,200,000
Initial Listing
May 3, 2002
$545,000
Public Record