5541 Lanai Court, Discovery Bay, California 94505, Discovery Bay, 94505 - 4 bed, 3 bath
ACTIVE$839,000
5541 Lanai Court, Discovery Bay, California 94505
4Beds
3Baths
2,877Sqft
7,865Lot
Price Vs. Estimate
The estimated value ($814,804.96) is $24,195.04 (2%) lower than the list price ($839,000). This property may be overpriced.
Key pros and cons
Top Pros:
Community & Lifestyle: Located within the desirable Discovery Bay Golf Club, offering an attractive lifestyle and access to community amenities.
Top Cons:
Property Age: Built in 1987, some elements of the home's design or systems, if not explicitly updated, may reflect an older aesthetic or require future modernization.
Compared to the nearby listings
Price:$839.0K vs avg $793.2K (+$45,750)59%
Size:2,877 sqft vs avg 2,341 sqft78%
Price/sqft:$292 vs avg $35322%
More Insights
Built in 1987 (38 years old).
Condition: The property, built in 1987, is well-maintained with significant system updates like a newer HVAC and owned solar. However, the kitchen features dated oak cabinets, an older style light panel, and the bathrooms, while clean, show tile styles popular 15-30 years ago. The overall aesthetic, including some light fixtures and flooring, indicates the home is aged but functional, requiring minor updates to meet current design standards rather than immediate repairs.
Year Built
1987
Close
-
List price
$839K
Original List price
$869K
Price/Sqft
$292
HOA
$135
Days on market
-
Sold On
-
MLS number
41110107
Home ConditionFair
Features
Good View:
Patio
View-
About this home
"Price Reduced" Beautifully maintained home within the Discovery Bay Golf Club. This spacious home with an open floorplan and high ceilings offers plenty of natural light. On the first floor there is a fourth bedroom/office and a full bath. The Primary Bedroom has a cozy gas fireplace, sitting area, spacious his and hers walk in closets, large soaking tub. Plantations Shutters throughout the home, Newer HVAC System and has "Owned Solar". Home & Pest Inspections completed. This home is ready for its new owners to occupy and make it their own.
Nearby schools
6/10
Discovery Bay Elementary School
Public,•K-5•0.2mi
5/10
Excelsior Middle School
Public,•6-8•2.9mi
7/10
Liberty High School
Public,•9-12•6.0mi
Condition Rating
Fair
The property, built in 1987, is well-maintained with significant system updates like a newer HVAC and owned solar. However, the kitchen features dated oak cabinets, an older style light panel, and the bathrooms, while clean, show tile styles popular 15-30 years ago. The overall aesthetic, including some light fixtures and flooring, indicates the home is aged but functional, requiring minor updates to meet current design standards rather than immediate repairs.
Pros & Cons
Pros
Community & Lifestyle: Located within the desirable Discovery Bay Golf Club, offering an attractive lifestyle and access to community amenities.
Energy Efficiency & Modern Comfort: Equipped with a newer HVAC system and owned solar panels, providing modern comfort, reduced utility costs, and environmental benefits.
Luxurious Primary Suite: The primary bedroom boasts a cozy gas fireplace, a dedicated sitting area, spacious 'his and hers' walk-in closets, and a large soaking tub, enhancing comfort and appeal.
Flexible Downstairs Living: Features a versatile fourth bedroom/office and a full bathroom on the first floor, ideal for guests, multi-generational living, or a dedicated home office.
Recent Price Adjustment: The property has recently undergone a price reduction, potentially offering a more competitive and attractive value proposition for prospective buyers.
Cons
Property Age: Built in 1987, some elements of the home's design or systems, if not explicitly updated, may reflect an older aesthetic or require future modernization.
Ongoing Association Fees: The property is subject to a monthly association fee of $135, which adds to the recurring cost of homeownership.
Valuation Discrepancy: The current listing price is higher than the automated property estimation, which may require a strong justification for the price or could be a point of negotiation for buyers.