1 Baldwin Avenue 609, San Mateo, California 94401, San Mateo, 94401 - 2 bed, 2 bath
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1 Baldwin Avenue 609
San Mateo, California 94401
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,200Sq Ft
0Lot Size
Property Price
LIST PRICE$749,000
EST. MARKET VALUE
$781,443
4% BelowMARKET VALUE
SUMMARY
This Condominium is a Strong Value Opportunity, listed at $749,000—positioned well below the $781,443 Fair Market Value by 4%. This valuation gap offers $32,443 in Instant Equity. Featuring a 1,200 sqft corner unit layout with an indoor heated pool and spa, the property maintains a Condition Rating of 4. While the interior reflects its 1988 build, the resort-style amenities provide significant lifestyle value. This is an ideal acquisition for Owner-Occupants seeking a managed community or Retirees prioritizing convenience.
Estimated Market Value
$781,443+$32,443 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Mateo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Baldwin Avenue 609 Subject | $749,000* List Price | 2 | 2 | 1,200 | $651 | - |
A 340 Grand Boulevard 12 Sold | $675,000 | 2 | 2 | 1,000 | $675 | 0.7 mi |
B 605 Highland Avenue 7 Sold | $850,000 | 2 | 2 | 1,077 | $789 | 0.7 mi |
C 617 Woodside Way C Sold | $715,000 | 2 | 2 | 883 | $810 | 0.8 mi |
D 316 N El Camino Real 105 Sold | $745,000 | 2 | 2 | 990 | $753 | 0.4 mi |
E 200 Elm Street 102 Sold | $828,000 | 3 | 2 | 1,460 | $567 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1988 (36 years old), the property falls into the >20y category. While the unit is well-maintained and functional within an exclusive community, the interior photos show dated carpeting, older window styles, and original-style cabinetry that require cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Luxury Amenities
Residents have access to a resort-style lifestyle with two on-site restaurants, an indoor heated pool, spa, fitness classes, and scheduled transportation, offering unparalleled convenience.
- Spacious Corner Unit Layout
The F-model corner unit provides 1,200 square feet of living space with enhanced natural light and a functional two-bedroom, two-bathroom floor plan that includes ample storage.
- Modern Conveniences
The residence is well-equipped for modern living with in-unit laundry, year-round climate control, and gated parking featuring electric vehicle hookups.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $8,600 per month is significantly higher than standard condominiums, which may limit the pool of qualified buyers and impact long-term affordability.
- Specialized Demographic Market
As part of a community that includes assisted living services, the property is targeted toward a niche demographic, which can result in a more restricted resale market compared to traditional residential units.
About 1 Baldwin Avenue 609
Beautifully situated within The Peninsula Regent, an exclusive community in San Mateo, Unit 609 is an F-model residence offering a two-bedroom, two-bathroom corner unit floor plan designed for comfortable and convenient living. The spacious residence features approximately 1200 square feet of living space, with ample closet and storage space throughout. The kitchen includes refrigerator, range/oven, microwave, dishwasher, and garbage disposal, and the living and dining areas provide a comfortable setting for everyday living and entertaining. Additional features include carpeting throughout the unit, heating/air conditioning for year-round comfort, in-unit laundry, and gated parking with electric vehicle hookups. The Peninsula Regent provides first-class amenities and services, including two on-site restaurants, fitness classes, an indoor heated swimming pool and spa, social and recreational activities, off-site excursions, and scheduled transportation. The community also includes additional support and services, including 20 studio units for assisted living. Conveniently located near downtown San Mateo, residents enjoy easy access to dining, shopping, entertainment, theater, and everyday services.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $8600.0 / Month
Neighborhood Insights
San Mateo Unified Schools
San Mateo Park Elementary School
Grades K-5 • 0.9 mi
4/10
Borel Middle School
Grades 6-8 • 1.1 mi
6/10
San Mateo High School
Grades 9-12 • 0.8 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.8 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,200 | 1,024.447 |
| Lot Size | - | 13,097.842 |
| Price | $749.0K | $732.3K |
| Price per sq ft | $624 | $763 |
| Built year | 1988 | 1981 |
| HOA | $8600.0 | $852 |
| Days on market | 12 | 63 |
Pricing History
Listed for Sale
Aug 28, 2026
$749,000
Initial Listing
Sold
Dec 31, 2013
$675,000
Public Record
Sold
Sep 2, 2003
$625,000
Public Record
Sold
Oct 22, 2002
$640,000
Public Record