550 Lee Loop, Discovery Bay, California 94505, Discovery Bay, 94505 - 3 bed, 2 bath
550 Lee Loop
Discovery Bay, California 94505
Property Price
SUMMARY
Analysis of 550 Lee Loop, Discovery Bay, California 94505 reveals a property with a current list price of $815,714, which is 3% above the estimated $787,788 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 550 Lee Loop Subject | $815,714* List Price | 3 | 2 | 2,178 | $362 | - |
A 343 Astilbe Street Sold | $689,000 | 3 | 2 | 2,091 | $330 | 0.8 mi |
B 5681 Starboard Dr Sold | $1,050,000 | 3 | 3 | 2,237 | $469 | 1.0 mi |
C 2078 Bridgeport Loop Sold | $725,000 | 3 | 3 | 2,609 | $278 | 0.6 mi |
D 1154 Bradbury Dr Active | $750,249 List Price | 3 | 2 | 2,178 | $344 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a brand new construction, built in 2025, and is part of a new energy-efficient community. The listing explicitly mentions 'tastefully selected upgrades,' including a Chef's kitchen with upgraded cabinetry and countertops, and upgraded flooring. The images, although of a model home, showcase a modern aesthetic with high-quality finishes, new stainless steel appliances, contemporary light fixtures, and pristine bathrooms with large walk-in showers and modern vanities. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction & Energy Efficiency
Built in 2025, this home offers modern design, the latest building standards, and energy-efficient features, ensuring lower utility costs and minimal immediate maintenance.
- Extensive Community Amenities
The Seagrass community features a serenity lake and a new amenity center under construction, which will include pickleball courts, a half basketball court, outdoor gathering spaces, and a 2+ mile perimeter trail.
- High-End Interior Upgrades
The home boasts tastefully selected upgrades, including a Chef's kitchen, upgraded cabinetry, premium countertops, and enhanced flooring, providing a luxurious living experience.
CONSRISKS & DEFICIENCIES
- Model Home Photos
The listing photos are of a model home, not the actual property, which may lead to discrepancies or unmet expectations regarding the final appearance and finishes.
- Significant Price Reductions
The property has undergone multiple price reductions from its original list price, potentially indicating initial overpricing or challenges in market absorption.
- High Monthly HOA Fee
A monthly association fee of $312 is substantial and adds a significant recurring cost to homeownership, which could be a deterrent for some buyers.
About 550 Lee Loop
New community, Seagrass by Pulte Homes in charming Discovery Bay. Enjoy this new energy efficient construction, single story home. A serenity lake is a central feature at Seagrass. A new amenity center is under construction which will feature outdoor gathering places and games, pickle ball courts, a half basketball court, and a 2+ mile perimeter trail for additional strolling opportunities. This single-story Plan 1 home is the epitome of luxury living, featuring tastefully selected upgrades, including upgraded cabinetry and countertops, a Chef's kitchen, upgraded flooring, and a covered patio off the main gathering room.*Photos are of model home, not of actual home.*
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 7,329 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $312.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 3.0 | 34% |
| Square foot | 2,178 | 2,296 | 41% |
| Lot Size | 7,329 | 7,200 | 59% |
| Price | $815.7K | $789.0K | 53% |
| Price per sq ft | $375 | $354 | 62% |
| Built year | 2025 | 1998 | 92% |
| HOA | $312.0 | $0 | 97% |
| Days on market | 156 | 176 | 39% |
Pricing History
Listed for Sale
Nov 22, 2025
$815,714
$840,714
-3% Price Drop
Initial Listing
Price Change
Nov 7, 2025
$840,714
$865,714
-3% Price Drop
Initial Listing
Price Change
Oct 29, 2025
$865,714
$915,714
-5% Price Drop
Initial Listing
Price Change
Oct 2, 2025
$915,714
Initial Listing