840 Rainbow Ct, Discovery Bay, California 94505, Discovery Bay, 94505 - 3 bed, 3 bath
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Discovery Bay, California 94505
This Turnkey Single-Family Residence is listed at $899,000, reflecting a stable market position relative to its $864,948 Fair Market Value. Featuring a Mint Condition Rating, this home offers a premium lifestyle with a Heated Pool, Paid Solar, and a Tesla Charger. The expansive 11,872 sqft lot and versatile den provide significant long-term utility and comfort. While school ratings are moderate, the property’s modern efficiency and high-quality finishes make it a premier choice for lifestyle-focused families or discerning owner-occupants seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 840 Rainbow Ct Subject | $885,000* List Price | 3 | 3 | 2,342 | $361 | - |
A 8301 Brookhaven Circle Sold | $735,000 | 3 | 2 | 1,886 | $390 | 0.3 mi |
B 5647 Arcadia Circle Sold | $879,000 | 5 | 3 | 3,139 | $280 | 0.5 mi |
C 2078 Bridgeport Loop Sold | $725,000 | 3 | 3 | 2,609 | $278 | 0.8 mi |
D 5672 Arcadia Circle Sold | $770,000 | 4 | 3 | 2,723 | $283 | 0.4 mi |
E 7270 Keyesport Way Active | $899,000 List Price | 3 | 3 | 2,693 | $334 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2015, this property is approximately 11 years old and remains in mint condition. The home features modern systems including paid solar and a Tesla charger. The kitchen and living areas showcase contemporary finishes such as granite countertops, stainless steel appliances, and dark wood cabinetry with no visible maintenance needs. The exterior, including the heated pool and landscaping, is perfectly maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11872, living area = 2342.
The inclusion of fully paid solar panels and a Tesla charger provides significant long-term utility savings and caters perfectly to the needs of modern, eco-conscious homeowners.
Situated on an expansive 11,872 sqft premium lot, the property features a private backyard oasis with a heated pool, offering a resort-style experience within a desirable gated community.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
With over 2,300 square feet of living space, the current 3-bedroom configuration may be perceived as a limitation for larger families who require more dedicated private sleeping quarters.
The assigned elementary and middle schools carry modest ratings (3 to 5), which may be a point of concern for education-focused buyers compared to other high-performing districts.
Welcome to 840 Rainbow Ct in Discovery Bay’s highly desirable Lakes community! This beautifully maintained 3-bedroom, 3-bath home sits on a premium lot and features a spacious open layout designed for both comfortable everyday living and entertaining. Originally designed with an optional 4th bedroom conversion by the builder, the seller chose an open den/bonus space layout instead, offering flexibility for a home office, media room, playroom, or potential future bedroom conversion. Enjoy your own private backyard oasis complete with a heated pool — perfect for relaxing, hosting guests, and enjoying warm California days year-round. The paid solar and Tesla charger add incredible value, convenience, and energy efficiency, helping keep utility costs down while supporting modern living. Located on a quiet court in one of Discovery Bay’s most sought-after gated communities, residents enjoy scenic walking trails, lakeside views, parks, and a true sense of community. This is the lifestyle upgrade you’ve been waiting for! Open Sat 5/30 1pm-3pm
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 3.4 mi
Grades K-8 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,342 | 2,296 | 54% |
| Lot Size | 11,872 | 7,200 | 99% |
| Price | $885.0K | $799.0K | 73% |
| Price per sq ft | $378 | $331 | 64% |
| Built year | 2015 | 1998 | 84% |
| HOA | $215.0 | $0 | 78% |
| Days on market | 36 | 157 | 1% |
Jun 11, 2026
$885,000
$899,000
-2% Price Drop
Initial Listing
May 8, 2026
$899,000
Initial Listing
Dec 18, 2015
$476,000
Public Record
Jun 16, 2015
$790,000
Public Record