124 W Poplar Avenue, San Mateo, California 94402, San Mateo, 94402 - 4 bed, 5 bath

124 W Poplar Avenue
San Mateo, California 94402
Property Price
SUMMARY
Analysis of 124 W Poplar Avenue, San Mateo, California 94402 reveals a Fairly Priced Property with a current list price of $6,398,000 aligned with the estimated $6,349,779 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Mateo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 124 W Poplar Avenue Subject | $6,398,000* List Price | 4 | 5 | 3,470 | $1,830 | - |
A 414 Edgewood Road Pending | $6,350,000 List Price | 4 | 5 | 3,710 | $1,712 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
While originally built in 1912, the property has undergone extensive high-end renovations that meet modern luxury standards. The kitchen is fully updated with professional-grade appliances, custom cabinetry, and stone countertops. The interior features pristine hardwood floors, updated bathrooms, and high-quality light fixtures, while the exterior grounds and systems appear meticulously maintained with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30851, living area = 3470.
- Great Schools
Elementary School: South Hillsborough School (9/10). Middle School: Crocker Middle School (9/10).
- Expansive Flat Lot
The property sits on a rare 30,851 sq ft flat parcel in the prestigious San Mateo Park, offering a level of scale and privacy that is increasingly difficult to find in the Peninsula market.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure Risks
Given the home's 1912 construction date, buyers may face higher long-term maintenance costs or the need for future upgrades to century-old structural and mechanical systems.
- Premium Price per Square Foot
At a listing price of nearly $6.4M for 3,470 sq ft of living space, the valuation is heavily concentrated in the land and neighborhood prestige, which may deter buyers seeking more interior square footage for the investment.
About 124 W Poplar Avenue
Set on a magnificent 30,851± sq ft flat estate parcel in coveted San Mateo Park, this timeless residence offers beautifully scaled living space and resort-style grounds designed for indoor-outdoor living. A sweeping circular motor court and detached 3-car garage create a grand arrival. Inside, hardwood floors, classic millwork, and formal living and dining rooms establish warmth and presence. The updated kitchen features custom cabinetry, stone countertops, professional-grade appliances, generous island, and a light-filled breakfast area opening to the family room and rear grounds. Upstairs includes spacious four bedrooms highlighted by a junior suite and a serene primary suite with office. Three full baths serve the upper level, complemented by a powder room and additional half bath downstairs. A finished basement adds flexibility. The grounds feature a sparkling pool, spa, expansive patios, private Entertainer's Cabana, level rear turf lawn, and lush front lawn framed by mature trees for privacy. Flat parcels of this scale in San Mateo Park are increasingly rare. Combined with a detached garage, circular drive, pool, spa, and move-in livability, this represents a compelling opportunity in one of the Peninsula's most prestigious neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1912
- Lot Size
- 30,851 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Mateo Unified Schools
San Mateo Park Elementary School
Grades K-5 • 0.2 mi
South Hillsborough School
Grades K-5 • 0.4 mi
North Hillsborough School
Grades K-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 2.0 | 93% |
| Square foot | 3,470 | 1,848.5 | 96% |
| Lot Size | 30,851 | 7,065.5 | 98% |
| Price | $6.40M | $2.65M | 96% |
| Price per sq ft | $1.8K | $1.3K | 96% |
| Built year | 1912 | 1953 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 146 | 2% |
Pricing History
Listed for Sale
Feb 27, 2026
$6,398,000
Initial Listing














































