59 Marina Lakes Dr, Richmond, California 94804, Richmond, 94804 - 2 bed, 1 bath
59 Marina Lakes Dr
Richmond, California 94804
Property Price
SUMMARY
Analysis of 59 Marina Lakes Dr, Richmond, California 94804 is currently available with a list price of $420,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Richmond 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained. While built in 1992, it features significant updates including brand-new stainless steel kitchen appliances, stone countertops, and modern hard flooring throughout the living areas. The interior shows minimal wear and tear, and the overall presentation is clean and functional, meeting the criteria for a high-quality, well-kept residence.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Community Amenities
The gated Marina Bay community offers premium amenities including two heated pools, spas, a fitness center, tennis and pickleball courts, and EV charging stations.
- Modern Kitchen Upgrades
The kitchen features brand-new stainless steel appliances, including a microwave, electric stove, refrigerator, and dishwasher, providing a move-in-ready experience.
- Prime Commuter Location
Ideally situated for professionals with easy access to the Richmond Ferry, BART, and major freeways, blending coastal living with city accessibility.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $675 per month is relatively high for a two-bedroom unit, which may impact the overall affordability for some buyers.
- Limited Bathroom Count
With only one bathroom for a two-bedroom floor plan, the layout may be less convenient for roommates or small families compared to 2-bath units.
- Underperforming Local Schools
The assigned public schools have low ratings (ranging from 2 to 4), which could be a concern for families prioritizing educational performance.
About 59 Marina Lakes Dr
Welcome to this ground-level 2-bedroom, 1-bath condo located in the desirable Marina Bay community. Offering 847 square feet of well-designed living space, this first-floor unit provides everyday convenience with easy access and a functional layout. The home features hard flooring throughout the living areas and a well-appointed kitchen with brand-new stainless steel appliances, including a microwave/hood, electric stove, refrigerator, and dishwasher. A side-by-side washer and dryer are conveniently located in a closet, making daily living effortless. The bright living room opens to a private patio, perfect for relaxing and enjoying added privacy. This home is ideal for first-time buyers or investors seeking comfort and location. Experience serene coastal living in the Marina Bay community. The gated community offers resort-style amenities, including two heated pools, spas, a fitness center, clubhouse, tennis and pickleball courts, EV charging stations, and lush landscaped paths along the Bay Trail. Conveniently located near the Richmond Ferry, BART, and major freeways, this community combines comfort, style, and accessibility. The perfect blend of coastal and city living.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1992
- Lot Size
- 2,124 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $675.0 / Month
Neighborhood Insights
Richmond Unified Schools
Washington Elementary School
Grades K-6 • 2.3 mi
Fred T. Korematsu Middle School
Grades 7-8 • 2.3 mi
Kennedy High School
Grades 9-12 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 847 | 915 | 33% |
| Lot Size | 2,124 | 2,124 | 50% |
| Price | $420.0K | $430.0K | 47% |
| Price per sq ft | $496 | $483 | 57% |
| Built year | 1992 | 1992 | 50% |
| HOA | $675.0 | $621 | 67% |
| Days on market | 59 | 161 | 17% |
Pricing History
Listed for Sale
Jan 7, 2026
$420,000
Initial Listing
Sold
Apr 10, 2018
$152,500
Public Record
Sold
Dec 15, 2006
$381,500
Public Record