
San Mateo, California 94402
This Resort-Style Senior Living Residence is a High-Potential Investment Opportunity, listed at $1,350,000—positioned well above the $1,247,612 Fair Market Value by 8%. While the price reflects a premium, the property maintains a Good Condition Rating and features a Granite Kitchen, Marble Baths, and serene Baywood Views. Located in the prestigious Versailles 55+ community, it offers a luxury lifestyle with an indoor pool and spa. This is an ideal acquisition for Downsizing Retirees or Owner-Occupants seeking a turnkey, service-oriented living environment in San Mateo.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10 Crystal Springs Road 1206 Subject | $1,278,000* List Price | 2 | 3 | 1,579 | $768 | - |
A 10 Crystal Springs Road 1507 Sold | $1,350,000 | 2 | 2 | 1,377 | $980 | 0.0 mi |
B 225 Virginia Avenue Ph-d Sold | $1,147,500 | 2 | 2 | 1,486 | $772 | 0.3 mi |
C 28 W 4th Avenue 11 Sold | $1,260,000 | 2 | 2 | 1,700 | $741 | 0.2 mi |
D 50 Mounds Road 107 Sold | $1,250,000 | 2 | 2 | 2,076 | $602 | 0.3 mi |
E 10 Crystal Springs Road 2214 Sold | $895,000 | 2 | 2 | 1,238 | $723 | - |
F 20 Madison Avenue 213 Active | $1,268,000 List Price | 2 | 2 | 1,378 | $920 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this 17-year-old residence falls within the 10-20 year range for 'Good' condition. The unit is well-maintained and move-in ready, featuring functional granite countertops in the kitchen, marble-finished bathrooms, hardwood flooring, and modern central HVAC systems typical of its construction era.
This desirable corner residence features over 1,575 sq ft of light-filled, single-level living with high ceilings, elegant hardwood floors, and marble-finished bathrooms.
Located in the prestigious Versailles 55+ community, the property offers a luxury lifestyle with on-site dining, housekeeping, a heated indoor pool, and a staffed front desk.
The home is ideally situated adjacent to downtown San Mateo’s vibrant restaurants and shops, providing a perfect balance of urban convenience and serene residential views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1, other record lot size in square feet = 46847.
The association fee of $4,835 per month is significantly high, which may deter buyers who are sensitive to fixed monthly expenses despite the included services.
With 274 days on the market and multiple price reductions from the original $1.52M, the property has struggled to find a buyer, suggesting potential challenges with the total cost of ownership.
A coveted corner residence offering over 1,575 sq ft of light-filled, single-level living in the sought-after Versailles 55+ community. Expansive windows fill the open living and dining areas with natural light and frame serene Baywood views. High ceilings and hardwood floors create an elegant interior, and a covered private balcony extends the living space outdoors. An oversized living room and guest powder room near the entry make the home ideal for hosting and everyday living. The well-appointed kitchen features granite countertops, ample cabinetry, and generous prep space. The oversized primary suite offers a spacious ensuite and walk-in closet, and the second bedroom has its own walk-in closet. Both full baths are finished in elegant marble. Additional highlights include in-unit laundry, underground parking, and dedicated storage. Versailles offers on-site dining, housekeeping, maintenance, a staffed front desk, a heated indoor pool and spa, and a fitness center with group classes. Adjacent to downtown San Mateo's restaurants and shops, this is a rare chance to own one of the community's most desirable floor plans.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.8 |
| Baths | 3.0 | 1.5 |
| Square foot | 1,579 | 1,024.447 |
| Lot Size | 1.08 | 13,097.842 |
| Price | $1.28M | $732.3K |
| Price per sq ft | $809 | $763 |
| Built year | 2008 | 1981 |
| HOA | $4835.0 | $852 |
| Days on market | 306 | 63 |
Sep 2, 2026
$1,278,000
$1,350,000
-5% Price Drop
Initial Listing
Jul 24, 2026
$1,350,000
$1,420,000
-5% Price Drop
Initial Listing
Apr 4, 2026
$1,420,000
$1,520,000
-7% Price Drop
Initial Listing
Nov 7, 2025
$1,520,000
Initial Listing
Aug 22, 2019
$1,350,000
Public Record
Sep 2, 2011
$843,000
Public Record
Dec 21, 2010
$18,133,020
Public Record