1203 Melville Sq, 216, Richmond, CA 94804
1203 Melville Sq, 216, Richmond, CA 94804
Property Description
Waterfront living at $299K! Spacious 1 bedroom condo overlooking a tree filled courtyard in Richmond’s sought-after Marina Bay neighborhood. Just steps to the bay trail and the Marina. Level-in 2nd floor unit with elevator access. Spacious private balcony overlooks the courtyard. The condo has in-unit laundry and generous closet space. 1 carport space in secure parking area with Level 2 EV charger. The HOA provides earthquake insurance. Marina Bay offers a lifestyle that’s hard to beat, with the Bay Trail just outside for miles of waterfront walking and biking. The Richmond Ferry Terminal is about a mile away, providing a scenic option for commuting to San Francisco. A weekly farmer’s market sets up nearby, and local parks, restaurants, and everyday amenities are all conveniently located. This is a well-located, low-maintenance home in one of Richmond’s most enjoyable waterfront communities.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Richmond · Condominium
Listed 8.0% below the median closed sale of $325,000. Price per sqft ($407) is a 12% discount to closed comps ($460). Closed comps sold at 101% of list — strong seller's market. Expect a longer timeline — comps averaged 135 days on market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 11 Bayside Ct | Richmond | 1992 | 1 | 1 | 771 | 2,124 | $525 | $405,000 | 12 | 92 |
| 122 Lakeshore Ct | Richmond | 1991 | 1 | 1 | 779 | 2,125 | $512 | $399,000 | 50 | 91 |
| 145 Bayside Ct | Richmond | 1992 | 1 | 1 | 771 | 2,124 | $490 | $378,000 | 148 | 90 |
| 96 Lakeshore Ct | Richmond | 1991 | 1 | 1 | 779 | 2,125 | $449 | $349,950 | 175 | 89 |
| 1532 Chanslor AVE | Richmond | 1981 | 2 | 1 | 816 | 13,500 | $252 | $206,000 | 70 | 87 |
| Total: 5 · Average | 1.2 | 1.0 | 783.2 | 4,399.6 | $445.6 | $347,590 | 91 | |||
| Median | 779 | $378,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1205 Melville Sq | Richmond | 1983 | 08/13/2026 | 1 | 1 | 734 | 0 | $308,666 | $320,000 | $436 | 1.04 | 398 | 96 |
| 191 Schooner Ct | Richmond | 1986 | 08/24/2026 | 1 | 1 | 732 | 2,141 | $329,000 | $340,000 | $464 | 1.03 | 43 | 95 |
| 189 Schooner Ct | Richmond | 1986 | 07/29/2026 | 1 | 1 | 732 | 2,141 | $319,000 | $325,000 | $444 | 1.02 | 61 | 95 |
| 91 Schooner Ct | Richmond | 1986 | 09/21/2026 | 1 | 1 | 732 | 2,141 | $315,000 | $317,000 | $433 | 1.01 | 135 | 92 |
| 124 Lakeshore Ct | Richmond | 1991 | 09/21/2026 | 1 | 1 | 779 | 2,125 | $419,000 | $409,000 | $525 | 0.98 | 37 | 92 |
| Total: 5 · Average | 1.0 | 1.0 | 741.8 | 2,137 | $342,200 | $342,200 | $460.4 | — | 134.8 | ||||
| Median | 732 | $325,000 | $325,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.