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

124 W Poplar Avenue, San Mateo, California 94402 home-pic-0

124 W Poplar Avenue

San Mateo, California 94402

ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
3,470Sq Ft
30,851Lot Size

Property Price

LIST PRICE$6,398,000
EST. MARKET VALUE
$6,349,779

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

$6,349,779
Based on Realkey algorithm analyzing recent comparable sales in San Mateo.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
124 W Poplar Avenue
Subject
$6,398,000*
List Price
453,470$1,830-
A
414 Edgewood Road
Pending
$6,350,000
List Price
453,710$1,7120.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

4/10

South Hillsborough School

Grades K-5 • 0.4 mi

9/10

North Hillsborough School

Grades K-5 • 1.2 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths5.02.0
93%
Square foot3,4701,848.5
96%
Lot Size30,8517,065.5
98%
Price$6.40M$2.65M
96%
Price per sq ft$1.8K$1.3K
96%
Built year19121953
2%
HOA$0$0
50%
Days on market8146
2%

Pricing History

Listed for Sale

Feb 27, 2026

$6,398,000

Initial Listing

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