1286 Parrott Drive, San Mateo, California 94402, San Mateo, 94402 - 3 bed, 2 bath
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1286 Parrott Drive
San Mateo, California 94402
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
2,152Sq Ft
19,412Lot Size
Property Price
LIST PRICE$3,199,500
EST. MARKET VALUE
$3,364,488
4% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a High-Potential Investment Opportunity, listed at $3,199,500—positioned well below the $3,364,488 Fair Market Value by 4%. This valuation gap offers $164,988 in Instant Equity for the buyer. Featuring a comprehensive renovation, owned solar power, and an expansive ±19,412 sq ft lot with hill views, the property maintains an Excellent Condition Rating. Located in the San Mateo-Foster City Elementary School District, this residence is an ideal acquisition for discerning homeowners or long-term investors seeking a premium, turnkey asset.
Estimated Market Value
$3,364,488+$164,988 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Mateo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1286 Parrott Drive Subject | $3,199,500* List Price | 3 | 2 | 2,152 | $1,563 | - |
A 40 Roxbury Lane Sold | $3,599,992 | 4 | 3 | 2,450 | $1,469 | 0.6 mi |
B 1276 Laurel Hill Drive Sold | $2,350,000 | 3 | 2 | 1,620 | $1,451 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1952, the home has undergone a high-end, comprehensive renovation within the last 5 years. The kitchen features modern shaker cabinetry, quartz countertops, and professional-grade stainless steel appliances. Bathrooms are fully updated with contemporary tile work and fixtures. Systems are modernized with central HVAC, double-pane windows, and owned solar power, putting the property in mint, move-in-ready condition.
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 = 19412, living area = 2152.
- Expansive Lot Size
The property sits on a rare ±19,412 sq ft lot in the desirable Baywood Park neighborhood, providing exceptional privacy and significant potential for outdoor development or expansion.
- Energy Efficiency & Modern Comforts
Equipped with owned solar power, central air conditioning, and double-pane windows, this home offers modern sustainability and reduced utility costs that are highly valued in today's market.
CONSRISKS & DEFICIENCIES
- Standard Bathroom Finishes
The inclusion of a standard shower-over-tub in the second bathroom may feel dated to luxury buyers expecting high-end, spa-like renovations at this price point.
- High Price per Bedroom
With a list price of nearly $3.2 million for a 3-bedroom residence, the property carries a high entry cost that may limit the buyer pool to those prioritizing lot size over total room count.
About 1286 Parrott Drive
Exceptional single-level home set on an expansive ±19,412sq ft lot in Baywood Park, this 3-bedroom, 2-bath home offers 2,152 sq ft of living space. The kitchen features a gas cooktop, an electric oven range with a hood over the range, a refrigerator, and a dishwasher, providing a well-equipped cooking area. Hardwood and tile flooring run throughout the home, complementing the formal dining room and separate family room. Enjoy cozy evenings by the fireplaces situated in both the family room and living room. The primary bathroom includes a walk-in stall shower, while the second bathroom offers a shower over tub. The laundry is conveniently located in the utility room, which is complete with a washer and dryer. Additional comforts include central forced-air heating, central AC, ceiling fans, double-pane windows, a skylight, and owned solar power. The property also includes a two-car garage. This home is part of the San Mateo-Foster City Elementary School District. Conveniently located near shopping, dining, and Highways 92, 280, and 101.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 19,412 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,152 | 1,680.139 |
| Lot Size | 19,412 | 5,985.125 |
| Price | $3.20M | $2.23M |
| Price per sq ft | $1.5K | $1.4K |
| Built year | 1952 | 1951 |
| HOA | $0 | $401 |
| Days on market | 21 | 32 |
Pricing History
Listed for Sale
Aug 19, 2026
$3,199,500
Initial Listing