
San Mateo, California 94402
This Luxury 55+ Condominium represents a unique lifestyle acquisition, listed at $1,528,000—positioned above the $1,426,123 Fair Market Value. While the property carries a premium, it offers a Good Condition Rating and a comprehensive service package including gourmet meals, housekeeping, and a heated indoor pool. The unit features a Spacious Open Floorplan, Granite Kitchen Countertops, and a Cozy Deck with views of downtown San Mateo. Located near top-rated schools like San Mateo High School, this residence is an ideal sanctuary for Active Retirees or Downsizing Professionals seeking a maintenance-free, resort-style living experience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10 Crystal Springs Road 1405 Subject | $1,528,000* List Price | 2 | 2 | 1,732 | $823 | - |
A 225 Virginia Avenue Ph-d Sold | $1,147,500 | 2 | 2 | 1,486 | $772 | 0.3 mi |
B 28 W 4th Avenue 11 Sold | $1,260,000 | 2 | 2 | 1,700 | $741 | 0.2 mi |
C 111 W 3rd Avenue 201 Sold | $1,850,000 | 2 | 2 | 2,210 | $837 | 0.2 mi |
D 10 Crystal Springs Road 1507 Active | $1,450,000 List Price | 2 | 2 | 1,377 | $1,053 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, the property is approximately 17 years old, placing it in the 'Good' category. The unit is well-maintained and move-in ready, featuring functional granite and marble countertops, hardwood flooring, and modern systems consistent with its age.
The Versailles community offers a resort-style lifestyle for residents 55+, featuring gourmet meals, housekeeping, a heated indoor pool, and a fitness center included in the service package.
Situated just steps from downtown San Mateo, the property provides exceptional access to premier dining, shopping, and essential services, boasting high urban convenience.
At 1,732 sqft, this unit offers a generous open floorplan with high ceilings, hardwood floors, and premium finishes like granite and marble countertops.
The association fee of $5,256 per month is significantly higher than average, which may limit the pool of qualified buyers despite the included services.
With 264 days on the market and a recent price reduction, the property may face challenges regarding buyer perception and market momentum.
Unit #1405 is a beautiful 2 bedroom/ 2 bath, fourth floor unit, with large windows and views of downtown San Mateo. This home features an open floorplan, hardwood floors, high ceilings, granite kitchen countertops, marble bathroom countertops, and a cozy deck. There is generous closet space with two large walk-in closets and an in-unit laundry closet. Parking and additional storage are provided on the lower level of the building. Versailles combines the advantages of an elegant luxury lifestyle with a unique sense of community for residents 55 and over. The comprehensive service package is designed to provide you with exceptional comfort and convenience: gourmet meals, housekeeping, maintenance service, heated indoor pool & jacuzzi, fitness center, activity classes, and so many other on-site amenities. The location is just steps away from San Mateo's charming downtown with restaurants, shops, and services.
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 | 2.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,732 | 899 |
| Lot Size | - | 1,129 |
| Price | $1.53M | $774.2K |
| Price per sq ft | $882 | $752 |
| Built year | 2008 | 1984 |
| HOA | $5256.0 | $628 |
| Days on market | 294 | 49 |
Apr 4, 2026
$1,528,000
$1,588,000
-4% Price Drop
Initial Listing
Oct 1, 2025
$1,588,000
Initial Listing