
San Mateo, California 94402
This 55+ Luxury Condominium represents a Strong Value Opportunity, listed at $948,000—positioned well above the $878,804 Fair Market Value by 7%. While the price reflects a premium, the property offers a Good Condition Rating with high-end finishes like a Granite Kitchen and Marble Bathrooms. Residents enjoy a comprehensive lifestyle package including a Heated Indoor Pool & Spa and proximity to downtown San Mateo. This is an ideal acquisition for Active Retirees or Downsizing Professionals seeking a maintenance-free, amenity-rich sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10 Crystal Springs Road 1509 Subject | $948,000* List Price | 2 | 2 | 1,079 | $814 | - |
A 10 Crystal Springs Road 2514 Sold | $965,000 | 2 | 2 | 1,190 | $811 | 0.0 mi |
B 10 Crystal Springs Road 2214 Sold | $895,000 | 2 | 2 | 1,238 | $723 | - |
C 225 Virginia Avenue Ph-d Sold | $1,147,500 | 2 | 2 | 1,486 | $772 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, the property is approximately 18 years old, placing it squarely in the 'Good' category. The interior features a well-maintained designer kitchen with granite countertops and maple cabinetry, along with marble-appointed bathrooms. The unit appears move-in ready and functional with no major maintenance issues described.
The Versailles community offers an exceptional 55+ lifestyle with a full service package including gourmet meals, housekeeping, a heated indoor pool, and a fitness center.
Ideally situated just steps from San Mateo’s vibrant downtown, providing residents with immediate access to premier restaurants, shops, and local services.
This 2008-built unit features high ceilings, large dual-pane windows for natural light, and premium surfaces including granite kitchen counters and marble bathrooms.
The association fee of $3,459 per month is significantly higher than average, which may limit the pool of eligible buyers despite the included services.
With over 400 days on the market and multiple price reductions from the original $1.2M, the property may be perceived as a stale listing by savvy investors.
Welcome to this stunning 5th-floor condominium that combines comfort and style. This spacious 2-bedroom, 2-bath unit features high ceilings and large dual-pane windows that flood the home with natural light. The open-concept layout is perfect for entertaining, highlighted by a designer kitchen with sleek granite countertops and warm maple cabinetry. The primary suite includes a generous walk-in closet and a bathroom featuring a walk-in shower. Both bathrooms are appointed with marble countertops. Parking and additional storage are provided in 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 & spa, fitness center, activity classes, and so many other on-site amenities. And the location is just steps away from San Mateos 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 | 1,079 | 899 |
| Lot Size | - | 1,129 |
| Price | $948.0K | $774.2K |
| Price per sq ft | $879 | $752 |
| Built year | 2008 | 1984 |
| HOA | $3459.0 | $628 |
| Days on market | 404 | 49 |
Jan 17, 2026
$948,000
$998,000
-5% Price Drop
Initial Listing
Nov 3, 2025
$998,000
$1,200,000
-17% Price Drop
Initial Listing
Jun 13, 2025
$1,200,000
Initial Listing