
San Mateo, California 94402
This 55+ Luxury Condominium represents a Strong Value Opportunity, listed at $898,000—positioned well below the $852,075 Fair Market Value by 5%. Featuring a Good Condition Rating, this unit offers high-end finishes including a Granite Kitchen and Marble-appointed bathrooms. Residents enjoy a comprehensive service package, including a Heated Indoor Pool & Spa and fitness center. Located steps from downtown San Mateo, this property is an ideal sanctuary for Active Retirees or Downsizing Homeowners seeking a maintenance-free, upscale lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10 Crystal Springs Road 1509 Subject 2 bd · 2 ba · 1,079 sqft · $832 | $898,000* List Price | 2 | 2 | 1,079 | $832 | - |
A 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 |
B 5 W Bellevue Avenue 11 Active Under Contract 2 bd · 2 ba · 1,065 sqft · $777 · 0.7 mi | $828,000 List Price | 2 | 2 | 1,065 | $777 | 0.7 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 squarely in the 'Good' category. The interior features well-maintained designer elements including a kitchen with granite countertops and maple cabinetry, plus marble-appointed bathrooms, all of which appear functional and move-in ready without immediate need for renovation.
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 downtown San Mateo, the property provides residents with unparalleled walkability to premier restaurants, boutique shops, and essential services.
Built in 2008, the unit features sophisticated interior details including high ceilings, a designer kitchen with granite countertops, and marble-appointed bathrooms.
The association fee of $3,459 per month is significantly higher than average, which may deter buyers despite the inclusive luxury services.
With over 450 days on the market and multiple price reductions, the property may face perception issues regarding its value or the restrictive 55+ demographic requirements.
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 | 1.9 |
| Baths | 2.0 | 1.4 |
| Square foot | 1,079 | 1,012.867 |
| Lot Size | - | 11,315.511 |
| Price | $898.0K | $745.6K |
| Price per sq ft | $832 | $786 |
| Built year | 2008 | 1981 |
| HOA | $3459.0 | $818 |
| Days on market | 498 | 65 |
Aug 17, 2026
$898,000
$948,000
-5% Price Drop
Initial Listing
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
Oct 28, 2011
$589,500
Public Record
Dec 21, 2010
$18,133,020
Public Record