5585 Marlin Dr, Discovery Bay, California 94505, Discovery Bay, 94505 - 2 bed, 3 bath
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Discovery Bay, California 94505
This Waterfront Townhouse presents a Strong Value Opportunity with a List Price of $629,000—positioned well above the $575,209 Fair Market Value by -9%. While priced at a premium, the property offers significant lifestyle utility with its shared dock and panoramic water views. Featuring a Condition Rating of 4, the home provides a solid foundation for modernization. The oversized loft offers flexible space for a third bedroom, making this an ideal acquisition for Waterfront Enthusiasts or Owner-Occupants seeking a serene, vacation-style residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5585 Marlin Dr Subject | $629,000* List Price | 2 | 3 | 1,524 | $377 | - |
A 2043 Sand Point Rd Active | $479,000 List Price | 3 | 3 | 1,608 | $298 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this 40-year-old townhome is functional but dated. While it features some cosmetic improvements like updated laminate flooring and painted cabinetry, the kitchen and bathrooms retain older countertops and fixtures. The exterior decking shows signs of weathering, and the overall aesthetic reflects its original era, requiring minor repairs and modernization to meet current standards.
Situated on quiet water just 15 minutes from fast water, the property includes a shared dock with potential for a private boat lift, offering an ideal setup for Delta boating and recreation.
The oversized loft features a closet and can easily be converted into a spacious third bedroom, providing significant added value and versatility for families or guests.
Every window along the rear of the home frames stunning water views, maximizing the property's aesthetic appeal and creating a serene, vacation-like atmosphere throughout the interior.
Built in 1984, the property may require modern cosmetic updates or system upgrades to align with contemporary luxury standards and buyer expectations.
The dock is a shared amenity rather than private, which may impose limitations on usage rights or future modifications compared to exclusive waterfront lots.
Waterfront living at its best! This 2 bed, 2.5 bath townhome sits on peaceful, quiet water just 15 min to the fast water — perfect for boating, wakeboarding & Delta fun. Oversized loft w/ closet can convert to a spacious 3rd bedroom. Every window across the back frames stunning water views. 5,375 sf lot includes a shared dock w/ potential to add a U-dock boat slip and lift for all your toys. Minutes to award-winning schools, shopping & endless recreation. This home is your vacation — every single day!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,524 | 1,608 |
| Lot Size | 5,375 | 1,920 |
| Price | $629.0K | $458.5K |
| Price per sq ft | $413 | $315 |
| Built year | 1984 | 1990 |
| HOA | $0 | $740 |
| Days on market | 15 | 68 |
Jul 8, 2026
$629,000
Initial Listing