1 Mandalay Court, Redwood City, California 94065, Redwood City, 94065 - 4 bed, 3 bath
1 Mandalay Court
Redwood City, California 94065
Property Price
SUMMARY
Analysis of 1 Mandalay Court, Redwood City, California 94065 reveals a Prime Investment Opportunity with a current list price of $2,788,888—significantly undercutting the $3,118,907 Fair Market Value by 10%. This valuation gap indicates a +$330,019 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Redwood City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Mandalay Court Subject | $2,788,888* List Price | 4 | 3 | 2,660 | $1,173 | - |
A 29 Barcelona Circle Sold | $2,688,000 | 4 | 3 | 2,490 | $1,080 | 0.5 mi |
B 822 Seal Pointe Drive Sold | $2,900,000 | 4 | 3 | 2,390 | $1,213 | 0.8 mi |
C 105 Tanager Lane Sold | $2,700,000 | 4 | 3 | 2,100 | $1,286 | 0.8 mi |
D 578 Seahorse Lane Sold | $2,650,000 | 4 | 3 | 1,990 | $1,332 | 0.4 mi |
E 2009 Gossamer Avenue Sold | $2,070,000 | 3 | 3 | 1,870 | $1,107 | 0.7 mi |
F 814 Schooner Bay Drive Active | $2,798,000 List Price | 4 | 3 | 2,660 | $1,052 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1995, this property is in move-in ready condition and has been well-maintained with significant updates. The interior features high-end mahogany hardwood floors, a gourmet kitchen with premium stainless steel appliances, and updated spa-like bathrooms. While the structure is nearly 30 years old, the contemporary styling and lack of visible deferred maintenance align with the 'good' criteria for a well-maintained, updated home.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
- Waterfront Resort Living
Situated directly on the water in Laguna Pointe, the property features a private beach, boat dock, and resort-style amenities, offering a rare lifestyle for outdoor and sailing enthusiasts.
- Versatile Architectural Layout
The home boasts soaring 24-foot ceilings and a desirable floor plan that includes a ground-floor bedroom and full bath, ideal for guests or multi-generational living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2660, other record living area = 2260.
- Significant HOA Dues
The monthly association fee of $400 adds a substantial recurring cost to the property's ownership, which may impact the long-term carrying costs for some buyers.
- Limited Lot Size
With a lot size of approximately 5,260 square feet, the private yard space is relatively compact for a luxury residence in this price bracket, potentially limiting outdoor expansion.
About 1 Mandalay Court
Stunning Waterfront Luxury in Laguna Pointe | Prime Tech Commute. Experience resort-style living in this sun-drenched contemporary masterpiece Nestled on a tranquil cul-de-sac. Step into the foyer, soaring 24-foot ceilings open the space. Its airy, sun-drenched, and the architectural layers are captivating. Perfectly complemented by rich mahogany hardwood floors and abundant natural light from oversized windows. Thoughtful Layout: A spacious open floor plan with 4 bedrooms and 3 full bathrooms, including a coveted ground-floor bedroom and full bath for guests or multi-generational living. Gourmet Kitchen: Chefs kitchen equipped with premium stainless steel appliance and a seamless flow into the cozy family room. Massive master suite featuring a spa-like bath with separate soaking tub, stall shower, and a large walk-in closet with custom organizers. Resort-style amenities including a spa, private beach, boat dock, and playground. Just east of Highway 101. Tech Commuters Dream20-minute drive to Meta HQ and easy access to major tech hubs and highways. Bay Trail, sailing lagoons, Bay Club access to top-ranked Carlmont High School. Living directly on the water, Imagine your kids playing in the backyard, laughing, while ducks glide across the water just steps away. Don't miss this one!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1995
- Lot Size
- 5,260 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $400.0 / Month
Neighborhood Insights
Redwood City Unified Schools
Redwood Shores Elementary School
Grades K-5 • 0.7 mi
Sandpiper Elementary School
Grades K-6 • 0.7 mi
Cipriani Elementary School
Grades K-5 • 3.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 2,660 | 1,965 | 86% |
| Lot Size | 5,260 | 5,760.5 | 50% |
| Price | $2.79M | $2.64M | 71% |
| Price per sq ft | $1.0K | $1.3K | 7% |
| Built year | 1995 | 1979 | 79% |
| HOA | $400.0 | $82 | 86% |
| Days on market | 2 | 147 | 7% |
Pricing History
Listed for Sale
Mar 5, 2026
$2,788,888
Initial Listing
Sold
Dec 4, 2019
$2,462,500
Public Record
Sold
Jul 19, 2013
$1,650,000
Public Record