
San Mateo, California 94402
This Luxury 55+ Condominium represents a unique lifestyle acquisition, listed at $1,450,000, which is positioned slightly above the $1,374,288 Fair Market Value. Featuring an Excellent Condition Rating, this unit offers a sophisticated open floorplan with hardwood floors, granite kitchen countertops, and a private deck with downtown views. Residents enjoy premium amenities including a heated indoor pool, fitness center, and gourmet meal services. Located steps from downtown San Mateo, this property is an ideal sanctuary for Active Retirees or Downsizing Professionals seeking a maintenance-free, high-end living experience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10 Crystal Springs Road 1405 Subject | $1,450,000* List Price | 2 | 2 | 1,732 | $793 | - |
A 10 Crystal Springs Road 1507 Sold | $1,350,000 | 2 | 2 | 1,377 | $980 | 0.0 mi |
B 28 W 4th Avenue 11 Sold | $1,260,000 | 2 | 2 | 1,700 | $741 | 0.2 mi |
C 50 Mounds Road 107 Sold | $1,250,000 | 2 | 2 | 2,076 | $602 | 0.3 mi |
D 225 Virginia Avenue Ph-d Sold | $1,147,500 | 2 | 2 | 1,486 | $772 | 0.3 mi |
E 111 W 3rd Avenue 201 Sold | $1,850,000 | 2 | 2 | 2,210 | $837 | 0.2 mi |
F 10 Crystal Springs Road 1310 Sold | $1,535,000 | 2 | 3 | 2,341 | $656 | - |
G 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, the property is approximately 17-18 years old, placing it firmly in the 'Good' category. The unit features high-quality materials including hardwood floors, granite kitchen countertops, and marble bathroom surfaces. It appears well-maintained, functional, and move-in ready with modern amenities consistent with a luxury 55+ community.
As part of the Versailles 55+ community, residents benefit from an all-inclusive lifestyle featuring gourmet meals, housekeeping, a heated indoor pool, and a fitness center, providing unparalleled convenience.
The property is ideally situated just steps away from downtown San Mateo, offering immediate access to a diverse selection of high-end restaurants, boutique shops, and essential services.
This 1,732 sq. ft. unit boasts a sophisticated open floorplan with high ceilings, hardwood floors, and premium granite and marble finishes, complemented by a private deck with downtown views.
The association fee of $5,256 per month is exceptionally high, which may limit the pool of eligible buyers to those specifically seeking a full-service luxury retirement environment.
With 335 days on the market and multiple price reductions from the original $1.588M listing, the property shows signs of stagnation that could affect its perceived value and negotiating leverage.
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 | 1.8 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,732 | 1,024.447 |
| Lot Size | - | 13,097.842 |
| Price | $1.45M | $732.3K |
| Price per sq ft | $837 | $763 |
| Built year | 2008 | 1981 |
| HOA | $5256.0 | $852 |
| Days on market | 343 | 63 |
Aug 22, 2026
$1,450,000
$1,528,000
-5% Price Drop
Initial Listing
Apr 4, 2026
$1,528,000
$1,588,000
-4% Price Drop
Initial Listing
Oct 1, 2025
$1,588,000
Initial Listing