Why Live in Marina Bay
Marina Bay in Richmond is a waterfront neighborhood along the Inner Harbor, known for its contemporary housing and scenic views. Developed from a former World War II-era shipyard, this 350-acre master-planned community features condos, townhomes and a few single-family homes, many within walking distance of the Richmond Ferry Station. The neighborhood is characterized by wide, tree-lined boulevards and gated waterfront subdivisions. While home prices range from $400,000 to $800,000, high homeowner association fees cover various maintenance services. Marina Bay is zoned to the West Contra Costa School District, with students attending schools outside the neighborhood, though there are popular charter schools nearby. The area is rich in outdoor recreation, with paved trails and parks like Marina Bay Park, Shimada Friendship Park, and Barbara and Jay Vincent Park offering scenic bay views and various amenities. The Rosie the Riveter Memorial in Marina Bay Park honors the neighborhood's historical significance. Marina Bay residents enjoy community events such as the Downtown Holiday Festival and Music on the Main. The commercial zone, anchored by a former Ford assembly plant, includes Assemble, a food-hall-style marketplace, and Lara's Fine Dining, a beloved waterfront restaurant. The neighborhood's proximity to Interstate 580 and the Richmond Ferry Terminal provides easy access to Oakland, San Francisco, and Marin County. Oakland International Airport is 20 miles away, facilitating domestic and international travel.
Frequently Asked Questions
Is Marina Bay a good place to live?
Marina Bay is a good place to live. Marina Bay is considered car-dependent and a biker's paradise with some transit options. Marina Bay is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Marina Bay has 6 parks for recreational activities. It is fairly dense in population with 14.4 people per acre and a median age of 46. The average household income is $150,709 which is above the national average. College graduates make up 64.5% of residents. A majority of residents in Marina Bay are home owners, with 30.9% of residents renting and 69.1% of residents owning their home. A
local real estate agent serving Marina Bay can help you decide if this neighborhood is the right one for you. Learn more on our
Marina Bay neighborhood guide.
Is Marina Bay, CA a safe neighborhood?
Marina Bay, CA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Marina Bay?
The median home price in Marina Bay is $477,000. If you put a 20% down payment of $95,400 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $2,340 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $100K a year to afford the median home price in Marina Bay. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Marina Bay is $151K.
What are the best public schools in Marina Bay?
The best public schools that serve Marina Bay are:
What are the best private schools in Marina Bay?
The best private schools that serve Marina Bay are:
What are the most popular zip codes in Marina Bay, Richmond, CA?
What are the most popular neighborhoods near Marina Bay, Richmond, CA?
Are home prices dropping in Marina Bay?
Yes, home prices in Marina Bay are down 6% in the last 12 months.
Home Trends in Marina Bay, CA
On average, homes in Marina Bay, Richmond sell after 49 days on the market compared to the national average of 55 days. The median sale price for homes in Marina Bay, Richmond over the last 12 months is $485,000, down 16% from the median home sale price over the previous 12 months.
Median Sale Price
$485,000
Median Single Family Sale Price
$1,290,000
Median Townhouse Sale Price
$749,000
Median 2 Bedroom Sale Price
$480,000
Median 1 Bedroom Sale Price
$375,000
Average Price Per Sq Ft
$519
Number of Homes for Sale
21
Last 12 months Home Sales
154
Median List Price
$477,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-16%