7 Lancaster Cir 235, Bay Point, California 94565, Bay Point, 94565 - 2 bed, 1 bath
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7 Lancaster Cir 235
Bay Point, California 94565
ACTIVE
CONDITION: POOR
2Beds
1Baths
806Sq Ft
0Lot Size
Property Price
LIST PRICE$240,000
EST. MARKET VALUE
$229,583
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $240,000—positioned well below the $229,584 Fair Market Value by -4%. While the property requires updates due to its Poor Condition Rating, the unit features a private patio and a commuter-centric location near the BART station. Despite the High Monthly HOA Dues and lower-rated schools, the accessible entry point provides a strategic foundation for Buy-and-Hold Investors or first-time buyers looking to build equity through targeted renovations.
Estimated Market Value
$229,583
Based on Realkey algorithm analyzing recent comparable sales in Bay Point.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7 Lancaster Cir 235 Subject 2 bd · 1 ba · 806 sqft · $285 | $240,000* List Price | 2 | 1 | 806 | $285 | - |
A 6 Lancaster Cir 108 Sold 2 bd · 2 ba · 884 sqft · $305 · 0.1 mi | $270,000 | 2 | 2 | 884 | $305 | 0.1 mi |
B 5 Lancaster Cir 121 Active 1 bd · 1 ba · 621 sqft · $274 · 0.0 mi | $170,000 List Price | 1 | 1 | 621 | $274 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1989 (35 years old) and shows no evidence of recent renovations. The kitchen features dated appliances and laminate countertops, while the interior shows visible wear, including damage to the bottom of the closet doors. Based on the age exceeding 30 years and the need for rehab/updates, it falls into the poor category.
PROSSTRENGTHS & OPPORTUNITIES
- Affordable Entry Point
Priced at $240,000, this property offers a rare and highly accessible opportunity for first-time buyers to enter the Bay Area real estate market.
- Commuter-Centric Location
The unit is ideally situated near the BART station and major freeways, providing excellent convenience for professionals commuting throughout the region.
- Functional Layout
The two-bedroom configuration with a private patio maximizes the 806-square-foot living space, making it a practical choice for small families or roommates.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The association fee of $640 per month is significant relative to the listing price, which may impact a buyer's monthly budget and debt-to-income ratio.
- Underperforming School District
The assigned elementary, middle, and high schools all carry a rating of 3, which may be a drawback for families prioritizing educational performance.
About 7 Lancaster Cir 235
806 sf 2 bedrooms 1 bath with patio near Bart station , free way, shopping good for starter home .
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $640.0 / Month
Neighborhood Insights
Bay Point Unified Schools
Bel Air Elementary School
Grades K-5 • 0.4 mi
3/10
Riverview Middle School
Grades 6-8 • 1.4 mi
3/10
Mt. Diablo High School
Grades 9-12 • 5.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 806 | 884 |
| Lot Size | - | - |
| Price | $240.0K | $270.0K |
| Price per sq ft | $298 | $305 |
| Built year | 1989 | 1989 |
| HOA | $640.0 | $640 |
| Days on market | 5 | 34 |
Pricing History
Listed for Sale
Oct 19, 2026
$240,000
Initial Listing
Sold
Sep 10, 2004
$222,500
Public Record
Sold
Feb 2, 2001
$122,000
Public Record