8 Lancaster Circle 224, Bay Point, California 94565, Bay Point, 94565 - 2 bed, 2 bath
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8 Lancaster Circle 224
Bay Point, California 94565
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
884Sq Ft
0Lot Size
Property Price
LIST PRICE$269,000
EST. MARKET VALUE
$269,000
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $283,000, which aligns perfectly with its $283,000 Fair Market Value. Featuring a Mint Condition Rating due to recent renovations including new LVP flooring, updated kitchen and baths, and modern systems, this unit offers a stress-free transition for residents. The property includes a private balcony and in-unit laundry, providing essential lifestyle convenience. Its proximity to BART and major freeways ensures high rental demand, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Estimated Market Value
$269,000
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 |
|---|---|---|---|---|---|---|
★ 8 Lancaster Circle 224 Subject | $269,000* List Price | 2 | 2 | 884 | $304 | - |
A 641 Chadwick Ln Active | $288,000 List Price | 2 | 2 | 888 | $324 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1989, the property has undergone a comprehensive recent renovation (likely within the last 1-2 years). It features new LVP flooring, fresh paint, and updated kitchen and bathrooms. Key systems and components have been modernized, including new windows, new baseboard heaters, and a new water heater, meeting the criteria for a recent renovation in mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Upgrades
The unit is move-in ready, featuring fresh interior paint, new LVP flooring, updated kitchen and bathrooms, new windows, and a new water heater, significantly reducing immediate maintenance costs.
- Commuter-Friendly Location
Ideally situated with easy access to BART and major freeways, this property offers excellent connectivity for professionals working across the Bay Area.
- Functional Layout and Amenities
The 2BD/2BA configuration includes highly desirable features such as an in-unit washer and dryer, a large private balcony, and vaulted upper-level ceilings that enhance the sense of space.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly association fee of $640 is relatively high compared to the listing price, which may impact buyer affordability and overall investment yield.
- Underperforming Local Schools
The assigned public schools currently hold low ratings (3/10), which could limit the property's appeal to families and impact long-term appreciation potential.
About 8 Lancaster Circle 224
Light-filled and beautifully refreshed, this upper-level 2BD/2BA condo in Westwood Cove offers the perfect blend of comfort, style, and convenience. Step into a bright, airy living space with fresh interior paint, newly installed LVP floor., and all-new 2-inch blinds. The updated kitchen and bathrooms add a modern touch, while thoughtful upgrades including new windows, new baseboard heaters, new water heater and one year new refrigerator, bring peace of mind. Enjoy indoor-outdoor living with a generously sized private balcony, ideal for morning coffee or evening unwinding. The in-unit washer and dryer add everyday convenience. A fantastic opportunity for homeowners or investors alike, ideally located near BART, shopping, and easy freeway access. Select images have been virtually staged to showcase the homes potential. These may not reflect the actual condition of the property.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 | 2.0 | 2.0 |
| Square foot | 884 | 884 |
| Lot Size | - | - |
| Price | $269.0K | $270.0K |
| Price per sq ft | $304 | $305 |
| Built year | 1989 | 1989 |
| HOA | $640.0 | $640 |
| Days on market | 176 | 34 |
Pricing History
Listed for Sale
Aug 3, 2026
$269,000
$283,000
-5% Price Drop
Initial Listing
Price Change
Jul 24, 2026
$283,000
$279,000
+1% Price Increase
Initial Listing
Price Change
Jun 25, 2026
$279,000
$299,000
-7% Price Drop
Initial Listing
Price Change
Mar 17, 2026
$299,000
Initial Listing
Sold
Mar 13, 2009
$70,000
Public Record
Sold
May 2, 2005
$265,000
Public Record
Sold
Jan 22, 2002
$147,500
Public Record
Sold
Mar 31, 1994
$88,000
Public Record