
Discovery Bay, California 94505
This Waterfront Residential Sanctuary is a Strong Value Opportunity, listed at $1,200,000—positioned well above the $1,105,396 Fair Market Value by 8%. While priced at a premium, the property offers a Condition Rating of 3, featuring a Granite Kitchen and an expansive three-level redwood deck. Boating enthusiasts will value the premium double dock and 1,000 sq. ft. storage area. This home balances high-end Delta lifestyle amenities with functional, move-in ready living, making it an ideal acquisition for Waterfront Lifestyle Seekers or Owner-Occupants prioritizing immediate access to fast water.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5491 Beaver Lane Subject | $1,200,000* List Price | 3 | 3 | 1,868 | $592 | - |
A 231 Discovery Bay Blvd Sold | $1,250,000 | 4 | 3 | 2,229 | $561 | 0.3 mi |
B 4859 Cabrillo Pt Sold | $1,350,000 | 3 | 3 | 2,245 | $601 | 0.8 mi |
C 5681 Starboard Dr Sold | $1,050,000 | 3 | 3 | 2,237 | $469 | 0.3 mi |
D 301 Discovery Bay Blvd Sold | $1,189,000 | 3 | 3 | 2,290 | $519 | 0.2 mi |
E 5653 Drakes Drive Sold | $900,000 | 3 | 2 | 1,445 | $623 | 0.5 mi |
F 281 Discovery Bay Blvd Active | $1,099,000 List Price | 3 | 2 | 1,788 | $615 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1983 but features high-quality renovations likely within the 10-15 year range. The kitchen is updated with granite countertops and premium KitchenAid appliances, and the home features hardwood floors and a well-maintained multi-level deck. Systems visible in the storage area, including HVAC ducting, appear modern and well-kept. While some elements like the bathroom tile and cabinetry style show slight age, the property is in functional, move-in ready condition.
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 a high-end double dock with Brock Dock decking, two HydroHoist boat lifts, and new canopies, offering immediate and protected access to the Delta's fast water.
An expansive three-level redwood deck system with a built-in bar and trellis-covered seating provides a superior environment for entertaining while maximizing panoramic waterfront views.
Built in 1983, the home may require more frequent maintenance or updates to its original structural components and systems compared to newer builds in the area.
At 1,868 square feet, the interior living space is relatively modest for the $1.2M price point, which may be a consideration for buyers seeking more substantial indoor square footage.
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 | 3.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,868 | 2,088 |
| Lot Size | 7,680 | 7,500 |
| Price | $1.20M | $773.7K |
| Price per sq ft | $642 | $349 |
| Built year | 1983 | 1983 |
| HOA | $0 | $202 |
| Days on market | 65 | 64 |
May 19, 2026
$1,200,000
Initial Listing
May 3, 2002
$545,000
Public Record