1028 Bermuda Drive, San Mateo, California 94403, San Mateo, 94403 - 5 bed, 4 bath
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San Mateo, California 94403
This Spacious Turnkey Residence is a Prime Investment Opportunity, listed at $2,495,000—positioned well below the $2,595,180 Fair Market Value by 3%. This valuation gap offers $100,180 in Instant Equity for the incoming owner. Boasting a Mint Condition Rating, the "Skylight House" features a rare 5-bedroom layout, dramatic double-height ceilings, and high-end renovations. Located in the desirable Fiesta Gardens neighborhood near top-rated schools, it combines architectural volume with premium community amenities. This is an ideal acquisition for Owner-Occupants or Multi-Generational Families seeking a polished lifestyle with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1028 Bermuda Drive Subject | $2,495,000* List Price | 5 | 4 | 2,820 | $920 | - |
A 1079 Annapolis Drive Sold | $2,175,000 | 4 | 3 | 2,250 | $967 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1954, the property has undergone extensive high-end renovations within the last 5 years. The interior features a modern kitchen with shaker cabinetry and stainless steel appliances, updated bathrooms with contemporary tile and glass enclosures, and upgraded systems including an EV charger. The home is in mint, move-in-ready condition with no visible maintenance needs.
At 2,820 sq ft, this is one of the largest homes in the Fiesta Gardens neighborhood, featuring a rare 5-bedroom, 4-bathroom configuration with two bedrooms and two full baths on the main level, ideal for guests or multi-generational living.
The 'Skylight House' lives up to its name with dramatic double-height ceilings, vaulted upstairs rooms, and strategically placed skylights that flood the interior with natural light, creating an airy and modern aesthetic.
Residents enjoy exclusive access to the Fiesta Gardens pool, clubhouse, and tennis courts, while the home's location offers immediate proximity to Bay Meadows, Whole Foods, and a sought-after Mandarin immersion elementary program.
The substantial 2,820 sq ft interior footprint occupies a significant portion of the 5,002 sq ft lot, resulting in relatively modest outdoor yard space for a home of this size.
While the property is near high-performing elementary options, the assigned middle schools carry lower ratings (4/10), which may be a point of concern for education-focused buyers.
Skylight House: among the larger homes in Fiesta Gardens, offering 2,820 sq ft with a well-designed two-story layout. With easy access to 92, 101, and moments from Trader Joe's, Whole Foods, and Bay Meadows Park, yet tucked away in the serene Fiesta Gardens neighborhood, 1028 Bermuda offers an exceptional combination of convenience and setting. Rare 5-bed, 4-bath floor plan with two bedrooms and two full baths on the main level. The flexible layout with main-level bedrooms is ideal for guests or multi-generational living. At the heart of the home is a dramatic double-height living space where skylights flood the interior with natural light, anchored by a striking glass orb chandelier. The open layout flows to the outdoors, with direct access to the garden and patio from the family room, and side yard access from the dining area. Upstairs, vaulted ceilings extend through three bedrooms & two baths, including the primary suite, enhancing the sense of space and light throughout. Ideally located across from College Park Elementary, home to a Mandarin immersion program, and moments from the pool, clubhouse, tennis courts, and play area amenities exclusive to Fiesta Gardens residents. Plus an EV charger in garage. A rare opportunity to own one of the larger Fiesta Gardens homes.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 2,820 | 1,650 | 96% |
| Lot Size | 5,002 | 5,694 | 22% |
| Price | $2.50M | $2.17M | 78% |
| Price per sq ft | $885 | $1.2K | 6% |
| Built year | 1954 | 1954 | 50% |
| HOA | $622.0 | $0 | 88% |
| Days on market | 12 | 134 | 2% |
Apr 10, 2026
$2,495,000
Initial Listing
Jul 16, 2020
$1,770,000
Public Record