
Redwood City, California 94061
This Turnkey Waterfront Condominium is a High-Potential Investment Opportunity, listed at $1,274,000—positioned well above the $1,019,223 Fair Market Value by -24%. While the list price exceeds the current valuation, the property features an Excellent Condition Rating with updated shaker cabinetry and modern baths. Residents enjoy a resort-like lifestyle with a pool, spa, and scenic lake views. Located near top-rated schools like Menlo-Atherton High, this home is an ideal acquisition for Owner-Occupants or Silicon Valley professionals seeking a move-in ready, amenity-rich sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 102 Chelsea Way Subject 2 bd · 2 ba · 1,300 sqft · $784 | $1,274,000* List Price | 2 | 2 | 1,300 | $784 | - |
A 103 Chelsea Way Sold 2 bd · 2 ba · 1,200 sqft · $792 · 0.0 mi | $950,000 | 2 | 2 | 1,200 | $792 | 0.0 mi |
B 955 Woodside Road Sold 4 bd · 3 ba · 1,694 sqft · $714 · 0.1 mi | $1,210,000 | 4 | 3 | 1,694 | $714 | 0.1 mi |
C 1286 Woodside Road Active 2 bd · 2 ba · 1,360 sqft · $724 · 0.3 mi | $985,000 List Price | 2 | 2 | 1,360 | $724 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1985, the property has undergone significant renovations likely within the 5-15 year range. The kitchen features updated white shaker cabinetry and the bathrooms have been modernized with contemporary vanities and fixtures. The interior is well-maintained, functional, and move-in ready.
Situated in the sought-after Park Atherton Lake community, this home offers rare and tranquil views of the water and surrounding redwood trees, providing a serene atmosphere that is highly desirable in the Peninsula.
The layout features two ensuite bedrooms plus a dedicated den/office that can easily function as a third bedroom, offering the flexibility needed for modern remote work or guest accommodations.
The property includes access to premium community facilities such as a pool, spa, clubhouse, and tennis courts, significantly enhancing the lifestyle value and appeal for active residents.
The association fee of $748 per month is relatively high and adds a significant recurring expense to the overall cost of ownership.
With only a detached one-car garage, the property may present challenges for multi-vehicle households or those requiring substantial additional storage space.
Rarely available in the sought-after Park Atherton Lake community, this light-filled home offers beautiful views of the water and surrounding redwood trees. Vaulted ceilings and generous windows create an open, airy feel ideal for modern living and an active Peninsula lifestyle. The home features two ensuite bedrooms with updated baths, plus a separate den/office offering potential use as a third bedroom, guest room, or dedicated workspace. The updated kitchen features crisp white shaker cabinetry and opens to the main living areas. The spacious living room is anchored by a fireplace and opens through a sliding glass door to a private balcony overlooking the water. An adjacent formal dining area with a high ceiling provides a great setting for entertaining. The primary suite includes a walk-in closet, while plantation shutters and in-unit laundry add comfort and convenience. Detached one-car garage. Enjoy resort-like community amenities including a pool, spa, clubhouse, tennis courts, and tranquil waterfront paths. Convenient to local tech companies with easy access to San Francisco and Silicon Valley. Redwood City offers a vibrant downtown with dining, theaters, entertainment, shops & more!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-8 • 0.3 mi
Grades 5-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,300 | 1,205.381 |
| Lot Size | - | 30,857 |
| Price | $1.27M | $951.7K |
| Price per sq ft | $980 | $756 |
| Built year | 1985 | 1989 |
| HOA | $748.0 | $676 |
| Days on market | 9 | 55 |
Oct 15, 2026
$1,274,000
Initial Listing
Mar 14, 2014
$751,000
Public Record
Apr 14, 2005
$625,000
Public Record