1111 Compass Lane 106, Foster City, California 94404, Foster City, 94404 - 2 bed, 2 bath
ACTIVE$890,000
1111 Compass Lane 106, Foster City, California 94404
2Beds
2Baths
1,349Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Resort-Style Amenities: The community offers an impressive array of resort-style amenities including a pool, spa, clubhouse, tennis courts, playgrounds, and scenic walking trails, enhancing lifestyle and value.
Top Cons:
Substantial HOA Fees: The monthly association fee of $840 is relatively high, which could impact affordability and long-term ownership costs for potential buyers.
Compared to the nearby listings
Price:$890.0K vs avg $884.0K (+$6,000)53%
Size:1,349 sqft vs avg 1,222 sqft64%
Price/sqft:$660 vs avg $73431%
More Insights
Built in 1973 (52 years old).
Condition: Despite being built in 1973, this condo has undergone extensive and very recent renovations, qualifying it for an 'Excellent' score. The hardwood floors were installed in 2021, and the kitchen and bathrooms have been fully remodeled with modern finishes, including quartz countertops, white shaker cabinetry, subway tile backsplashes, contemporary fixtures, and updated appliances. The property also features fresh interior paint and recessed lighting throughout, indicating a comprehensive update within the last 5 years. All visible components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1973
Close
-
List price
$890K
Original List price
$938K
Price/Sqft
$660
HOA
$840
Days on market
-
Sold On
-
MLS number
ML82010105
Home ConditionExcellent
Features
Pool
Spa
View-
About this home
Welcome to this spacious 2-bedroom, 2-bath condo featuring an open-concept layout filled with natural light. The remodeled kitchen boasts quartz countertops, ample cabinetry, and seamlessly connects to the living and dining areas. Enjoy in-unit laundry and a private balcony, perfect for relaxing or entertaining. The primary suite offers a walk-in closet with custom built-ins and a beautifully updated ensuite bath. Additional features include hardwood floors (installed 2021), fresh interior paint, recessed lighting, plush bedroom carpeting, dedicated parking, guest parking, extra storage, and RV parking. Resort-style amenities include a pool, spa, clubhouse, tennis courts, playgrounds, and scenic walking trails. Adjacent to the Bay Backwater Trail for peaceful strolls and outdoor activities. Ideally located near Hwy 101/92, Ranch 99, top-rated schools, parks, and major employers like Visa, Oracle, Gilead, and Rakuten. HOA includes water and garbage.
Nearby schools
6/10
Audubon Elementary School
Public,•K-5•1.0mi
7/10
Bowditch Middle School
Public,•6-8•0.6mi
7/10
San Mateo High School
Public,•9-12•4.5mi
Condition Rating
Excellent
Despite being built in 1973, this condo has undergone extensive and very recent renovations, qualifying it for an 'Excellent' score. The hardwood floors were installed in 2021, and the kitchen and bathrooms have been fully remodeled with modern finishes, including quartz countertops, white shaker cabinetry, subway tile backsplashes, contemporary fixtures, and updated appliances. The property also features fresh interior paint and recessed lighting throughout, indicating a comprehensive update within the last 5 years. All visible components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Resort-Style Amenities: The community offers an impressive array of resort-style amenities including a pool, spa, clubhouse, tennis courts, playgrounds, and scenic walking trails, enhancing lifestyle and value.
Strategic Location & Commuter Access: Positioned for excellent accessibility near major highways (Hwy 101/92), top-rated schools, local conveniences (Ranch 99), and prominent tech employers, making it ideal for commuters.
Recently Updated Interior: Boasts a remodeled kitchen with quartz countertops, updated primary suite, new hardwood floors (2021), fresh paint, and recessed lighting, offering a modern and move-in ready living space.
Functional & Bright Layout: Features a spacious open-concept layout filled with natural light, complemented by convenient in-unit laundry and a private balcony for outdoor enjoyment.
Comprehensive Parking & Storage: Provides dedicated parking, guest parking, additional storage, and rare RV parking, addressing common urban living challenges.
Cons
Substantial HOA Fees: The monthly association fee of $840 is relatively high, which could impact affordability and long-term ownership costs for potential buyers.
History of Price Reductions: The property has undergone multiple price reductions from its initial listing, potentially indicating an initial overvaluation or challenges in market appeal at higher price points.
Building Age: Constructed in 1973, the building is over five decades old, which may lead to concerns about the age of the infrastructure and potential for future maintenance costs or special assessments, despite interior renovations.