
San Mateo, California 94402
This Luxury Senior Living Condominium is a Strong Value Opportunity, listed at $1,450,000—positioned well above the $1,370,222 Fair Market Value by -5%. Featuring a Condition Rating of 3, this unit offers an open floorplan with hardwood floors, granite kitchen countertops, and a cozy deck with city views. Residents enjoy premium amenities including a heated indoor pool, spa, and gourmet dining. Ideally located near downtown San Mateo, this property is a sophisticated choice for active retirees or downsizers seeking a maintenance-free, high-end lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10 Crystal Springs Road 1405 Subject 2 bd · 2 ba · 1,732 sqft · $791 | $1,450,000* List Price | 2 | 2 | 1,732 | $791 | - |
A 10 Crystal Springs Road 1507 Sold 2 bd · 2 ba · 1,377 sqft · $980 · 0.0 mi | $1,350,000 | 2 | 2 | 1,377 | $980 | 0.0 mi |
B 10 Crystal Springs Road 1310 Sold 2 bd · 3 ba · 2,341 sqft · $656 · 0.0 mi | $1,535,000 | 2 | 3 | 2,341 | $656 | 0.0 mi |
C 28 W 4th Avenue 11 Sold 2 bd · 2 ba · 1,700 sqft · $741 · 0.2 mi | $1,260,000 | 2 | 2 | 1,700 | $741 | 0.2 mi |
D 50 Mounds Road 107 Sold 2 bd · 2 ba · 2,076 sqft · $602 · 0.3 mi | $1,250,000 | 2 | 2 | 2,076 | $602 | 0.3 mi |
E 225 Virginia Avenue Ph-d Sold 2 bd · 2 ba · 1,486 sqft · $772 · 0.3 mi | $1,147,500 | 2 | 2 | 1,486 | $772 | 0.3 mi |
F 111 W 3rd Avenue 201 Sold 2 bd · 2 ba · 2,210 sqft · $837 · 0.2 mi | $1,850,000 | 2 | 2 | 2,210 | $837 | 0.2 mi |
G 10 Crystal Springs Road 1206 Active 2 bd · 3 ba · 1,579 sqft · $809 · 0.0 mi | $1,278,000 List Price | 2 | 3 | 1,579 | $809 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property falls into the 10-20 year age bracket. It is well-maintained, functional, and move-in ready, featuring hardwood floors, granite and marble countertops, and high ceilings.
The Versailles community offers an exceptional 55+ lifestyle with a comprehensive service package including gourmet meals, housekeeping, a heated indoor pool, and a fitness center.
Situated just steps from San Mateo’s vibrant downtown, residents enjoy immediate access to premier restaurants, shops, and services, complemented by scenic city views.
This 1,732 sqft unit features an expansive open floorplan with premium finishes, including hardwood floors, granite countertops, high ceilings, and two large walk-in closets.
The association fee of $5,256 per month is significantly higher than standard condominiums, which may deter buyers despite the inclusive luxury services.
With 361 days on the market and multiple price reductions, the property has faced challenges in securing a buyer, suggesting a potential mismatch between price and current demand.
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 | 1.9 |
| Baths | 2.0 | 1.4 |
| Square foot | 1,732 | 1,012.867 |
| Lot Size | - | 11,315.511 |
| Price | $1.45M | $745.6K |
| Price per sq ft | $837 | $786 |
| Built year | 2008 | 1981 |
| HOA | $5256.0 | $818 |
| Days on market | 388 | 65 |
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
Nov 12, 2013
$1,025,000
Public Record
Dec 21, 2010
$18,133,020
Public Record