10 Crystal Springs Road 1509, San Mateo, California 94402, San Mateo, 94402 - 2 bed, 2 bath
10 Crystal Springs Road 1509
San Mateo, California 94402
Property Price
SUMMARY
Analysis of 10 Crystal Springs Road 1509, San Mateo, California 94402 is currently available with a list price of $948,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Mateo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2008, this property falls within the 10-20 year age range for a 'good' condition rating. The unit is move-in ready and features high-quality materials such as granite kitchen countertops, maple cabinetry, and marble bathroom surfaces. While the aesthetic reflects its original construction period rather than a recent ultra-modern renovation, the home is well-maintained with high ceilings, dual-pane windows, and functional luxury systems consistent with a high-end 55+ community.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Luxury Amenities
The Versailles community offers an all-inclusive lifestyle with gourmet meals, housekeeping, maintenance, and a heated indoor pool, providing exceptional convenience for the 55+ demographic.
- Prime Downtown Proximity
Located just steps from downtown San Mateo, this property provides residents with easy walking access to a wide array of premier restaurants, shops, and essential services.
- Modern High-End Finishes
Built in 2008, the unit features contemporary upgrades including high ceilings, granite kitchen countertops, and marble bathroom surfaces, ensuring a move-in-ready luxury feel.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $3,459 per month is significantly higher than average, which may deter buyers sensitive to high fixed monthly expenses.
- Restricted Buyer Pool
As a 55+ age-restricted community, the property is limited to a specific demographic, which can result in a longer time on market and reduced resale liquidity.
About 10 Crystal Springs Road 1509
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2008
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $3459.0 / Month
Neighborhood Insights
San Mateo Unified Schools
Baywood Elementary School
Grades K-5 • 0.8 mi
Borel Middle School
Grades 6-8 • 1.0 mi
San Mateo High School
Grades 9-12 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,079 | 1,320 | 22% |
| Lot Size | - | - | 50% |
| Price | $948.0K | $965.0K | 44% |
| Price per sq ft | $879 | $789 | 78% |
| Built year | 2008 | 2005 | 67% |
| HOA | $3459.0 | $1.3K | 67% |
| Days on market | 267 | 227 | 89% |
Pricing History
Listed for Sale
Jan 17, 2026
$948,000
$998,000
-5% Price Drop
Initial Listing
Price Change
Nov 3, 2025
$998,000
$1,200,000
-17% Price Drop
Initial Listing
Price Change
Jun 13, 2025
$1,200,000
Initial Listing