872 S Regatta Drive, Vallejo, CA 94591, Vallejo, 94591 - 4 bed, 3 bath
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Vallejo, CA 94591
This Rare Waterfront Value-Add Residence is a High-Potential Investment Opportunity listed at $699,000—positioned well below the $711,199 Fair Market Value by 1%. This valuation gap offers $12,199 in Instant Equity for buyers looking to capitalize on the home's Fair Condition Rating through modernization. Featuring Waterfront Views of the Carquinez Strait, Soaring Ceilings, and a Private Deck, the property sits in a coveted Glen Cove location served by Benicia High School. It represents a strategic acquisition for Owner-Occupants seeking a custom project or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 872 S Regatta Drive Subject | $699,000* List Price | 4 | 3 | 2,104 | $338 | - |
A 1048 Topsail Drive Sold | $545,000 | 4 | 2 | 1,430 | $381 | 0.7 mi |
B 173 Silverpine Ln Sold | $800,000 | 4 | 3 | 2,377 | $337 | 1.0 mi |
C 130 Flying Cloud Court Sold | $649,000 | 4 | 3 | 1,594 | $407 | 0.3 mi |
D 171 Ancheta Place Active | $763,900 List Price | 4 | 3 | 2,450 | $312 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, this property falls squarely into the 'fair' category as a 34-year-old home that appears to have had no major renovations since construction. While the home is staged well and features desirable architectural elements like soaring ceilings and great natural light, the listing description explicitly mentions 'tremendous potential' and the opportunity to 'create their dream home,' which are industry signals for outdated interiors. The visible fixtures, such as the fireplace tile and dining chandeliers, reflect original 1990s styling. The property is functional and maintained but requires modernization of the kitchen and bathrooms to meet current market standards for an 'excellent' or 'good' rating.
Situated on the coveted Regatta Drive in Glen Cove, this property offers a rare opportunity to own a waterfront home in one of Vallejo's most desirable and scenic neighborhoods.
The home features stunning water views from both the living room and primary bedroom, enhanced by soaring ceilings and large windows that flood the interior with natural light.
Priced competitively for a 4-bedroom waterfront residence, this property serves as an ideal canvas for investors or buyers looking to add value through personalized renovations.
The description's emphasis on 'potential' and 'creating a dream home' suggests the property likely requires significant updates or repairs to meet modern aesthetic and functional standards.
While some nearby schools are rated well, others in the immediate district have lower ratings, which may be a concern for families prioritizing top-tier educational facilities.
Rare waterfront opportunity on Vallejo's coveted Regatta Drive! This 4-bedroom, 2.5-bath home offers stunning water views from the living room and primary bedroom. Flooded with natural light and featuring soaring ceilings, this property boasts tremendous potential. Waterfront homes in this desirable location rarely hit the market. Perfect for investors or buyers ready to create their dream home with unbeatable views. Don't miss this chance to own a piece of waterfront paradise in Glen Cove!
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 2.0 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 2,104 | 1,596 | 80% |
| Lot Size | 7,549 | 6,098 | 71% |
| Price | $699.0K | $545.0K | 82% |
| Price per sq ft | $332 | $343 | 44% |
| Built year | 1990 | 1975 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 204 | 1% |
Mar 26, 2026
$699,000
Initial Listing
Mar 23, 2005
$690,000
Public Record
Jul 21, 1999
$233,500
Public Record