137 Elm Street, San Mateo, California 94401, San Mateo, 94401 - 4 bed, 3 bath
137 Elm Street
San Mateo, California 94401
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 137 Elm Street Subject | $2,375,000* List Price | 4 | 3 | 2,380 | $761 | - |
A 124 S Idaho Street Sold | $1,680,000 | 3 | 2 | 2,230 | $753 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This 1907 Victorian is explicitly marketed as a fixer-upper 'waiting for your remodel and upgrades.' While it features a newer roof and sewer lateral, the interior is significantly outdated. The kitchen contains 1980s-style oak cabinetry, laminate countertops, and aged appliances that do not meet modern standards. Given the age of the property and the visible condition of the kitchen and fixtures, the home requires substantial rehabilitation and modernization of its primary living spaces and systems.
PROSSTRENGTHS & OPPORTUNITIES
- Historical Character
This classic 1907 Victorian features grand architectural details, including a traditional bench seat entry and original hardwood floors, offering timeless aesthetic appeal.
- Development Potential
The detached two-car garage includes an original carriage house, providing an ideal footprint for a high-value Accessory Dwelling Unit (ADU) conversion.
- Expansive Lot
Situated on an oversized 9,000 sqft lot, the property offers a rare level of privacy and outdoor space for the San Mateo area, including a secluded yard and rear patio.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The home is explicitly marketed as needing significant remodeling and upgrades throughout, which will require a substantial additional investment of time and capital.
- Vintage Systems
Given the 1907 construction date, buyers should anticipate the need to modernize older electrical, plumbing, and insulation systems to meet contemporary living standards.
- High Entry Price for a Fixer
With a list price of $2.375M, the combined cost of acquisition and the necessary comprehensive renovations may result in a high total cost of ownership.
About 137 Elm Street
Classic 1907 Victorian with large open living room, kitchen/dining, separate front office, sun room and secluded yard on oversized 9,000 sqft lot. Traditional bench seat entry welcomes guests to this grand estate waiting for your remodel and upgrades. Kitchen features built-in oven, dishwasher, gas range with custom hood and large walk-in pantry. Separate laundry room, hardwood floors, rear patio. Detached two car garage with original carriage house would be ideal for an ADU. Newer shingled roof and new sewer lateral. Easy access to downtown shops, parks & transportation.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1907
- Lot Size
- 9,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 2,380 | 1,381.5 | 89% |
| Lot Size | 9,000 | 5,611.5 | 93% |
| Price | $2.38M | $1.49M | 89% |
| Price per sq ft | $998 | $1.1K | 32% |
| Built year | 1907 | 1949 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 149 | 4% |
Pricing History
Listed for Sale
Feb 6, 2026
$2,375,000
Initial Listing