10 Crystal Springs Road 1509, San Mateo, California 94402, San Mateo, 94402 - 2 bed, 2 bath
ACTIVE$998,000
10 Crystal Springs Road 1509, San Mateo, California 94402
2Beds
2Baths
1,079Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Luxury Amenities & Services: The property offers a comprehensive service package including gourmet meals, housekeeping, maintenance, a heated indoor pool & spa, fitness center, and activity classes, providing an unparalleled luxury lifestyle.
Top Cons:
Exorbitant Association Fees: The monthly association fee of $3,459 is exceptionally high, significantly impacting the total cost of ownership and potentially deterring a broad range of buyers.
Compared to the nearby listings
Price:$998.0K vs avg $1.35M ($-354,000)30%
Size:1,079 sqft vs avg 1,598.5 sqft20%
Price/sqft:$925 vs avg $77970%
More Insights
Built in 2008 (17 years old).
Condition: Built in 2008, this condominium is 16 years old, placing it within the 'Good' condition criteria. The description highlights a 'designer kitchen with sleek granite countertops and warm maple cabinetry' and bathrooms with 'marble countertops' and a walk-in shower, indicating quality materials. Images show a very well-maintained building and common areas. The unit's bathroom (image 3) appears clean and functional, though the cabinetry style, while good, isn't ultra-modern. The living area has clean carpeting. The property is move-in ready with no immediate renovations required, and major systems are functional and within their expected lifespan, aligning with a 'Good' rating rather than 'Excellent' which would imply a very recent, extensive renovation to current cutting-edge styles.
Year Built
2008
Close
-
List price
$998K
Original List price
$1.2M
Price/Sqft
$925
HOA
$3,459
Days on market
-
Sold On
-
MLS number
ML82010957
Home ConditionGood
Features
ViewNeighborhood
About this home
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.
Nearby schools
6/10
Baywood Elementary School
Public,•K-5•0.8mi
6/10
Borel Middle School
Public,•6-8•1.0mi
7/10
San Mateo High School
Public,•9-12•0.9mi
Condition Rating
Good
Built in 2008, this condominium is 16 years old, placing it within the 'Good' condition criteria. The description highlights a 'designer kitchen with sleek granite countertops and warm maple cabinetry' and bathrooms with 'marble countertops' and a walk-in shower, indicating quality materials. Images show a very well-maintained building and common areas. The unit's bathroom (image 3) appears clean and functional, though the cabinetry style, while good, isn't ultra-modern. The living area has clean carpeting. The property is move-in ready with no immediate renovations required, and major systems are functional and within their expected lifespan, aligning with a 'Good' rating rather than 'Excellent' which would imply a very recent, extensive renovation to current cutting-edge styles.
Pros & Cons
Pros
Extensive Luxury Amenities & Services: The property offers a comprehensive service package including gourmet meals, housekeeping, maintenance, a heated indoor pool & spa, fitness center, and activity classes, providing an unparalleled luxury lifestyle.
Prime Downtown Location: Situated just steps from San Mateo's charming downtown, residents enjoy convenient access to a variety of restaurants, shops, and essential services.
Modern & Well-Appointed Interior: The unit features high ceilings, large dual-pane windows for abundant natural light, an open-concept layout, a designer kitchen with granite and maple cabinetry, and marble countertops in both bathrooms.
Dedicated Parking & Storage: The convenience of included parking and additional storage in the building's lower level enhances the property's practicality and appeal.
Newer Construction (2008): Built in 2008, the condominium benefits from more modern construction standards, design, and energy efficiency compared to older properties.
Cons
Exorbitant Association Fees: The monthly association fee of $3,459 is exceptionally high, significantly impacting the total cost of ownership and potentially deterring a broad range of buyers.
Age-Restricted Community (55+): The property is part of a 55 and over community, which severely limits the eligible buyer pool and marketability, potentially extending time on market.
Significant Price Reduction: A recent price drop from $1.2 million to $998,000 suggests potential overpricing or market resistance, which could raise buyer concerns about the property's perceived value.