1531 Marina Court B, San Mateo, California 94403, San Mateo, 94403 - 1 bed, 1 bath
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1531 Marina Court B
San Mateo, California 94403
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
590Sq Ft
0Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$499,072
4% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $475,000—positioned well below the $499,072 Fair Market Value by 4%. This valuation gap provides $24,072 in Instant Equity for the buyer. Featuring a Mint Condition Rating with contemporary kitchen finishes and new flooring, this residence offers a resort-style lifestyle with access to pools and fitness amenities. Ideally suited for first-time buyers or owner-occupants, this move-in-ready home balances modern convenience with significant financial upside in a prime San Mateo location.
Estimated Market Value
$499,072+$24,072 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 |
|---|---|---|---|---|---|---|
★ 1531 Marina Court B Subject 1 bd · 1 ba · 590 sqft · $846 | $475,000* List Price | 1 | 1 | 590 | $846 | - |
A 1576 Marina Court A Active 1 bd · 1 ba · 590 sqft · $932 · 0.1 mi | $550,000 List Price | 1 | 1 | 590 | $932 | 0.1 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.
Although built in 1961, the property has undergone a high-quality, contemporary renovation within the last 5 years. The kitchen features modern white shaker cabinets, quartz countertops, and stainless steel appliances. New luxury vinyl plank flooring and fresh paint throughout indicate a mint, move-in-ready condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The Marina Gardens community offers an impressive suite of amenities including swimming pools, a fitness center, and a clubhouse, providing a high-value lifestyle that is rare at this price point.
- Updated Ground-Floor Accessibility
This move-in-ready residence features contemporary finishes and a private outdoor patio with ground-floor access, offering both modern aesthetic appeal and ease of entry.
- Prime Peninsula Location
Ideally situated near the San Mateo waterfront, shopping, and major commute corridors, the property provides excellent convenience for professionals and easy access to local recreation.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $736 is relatively high for a 590-square-foot unit, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Limited Living Space
With only 590 square feet of interior space, the compact footprint may be a constraint for buyers requiring a home office or significant storage capacity.
About 1531 Marina Court B
Nestled within the desirable Marina Gardens community, this thoughtfully updated ground-floor residence offers comfort, convenience, and a relaxed Peninsula lifestyle. Filled with natural light, the home features an open living and dining area, stylish contemporary finishes, and seamless access to a private outdoor patio retreat. The spacious bedroom provides ample storage and a peaceful setting for everyday living. Residents enjoy resort-style amenities including swimming pools, fitness center, clubhouse, and beautifully maintained grounds. Ideally situated near the waterfront, shopping, dining, and major commute corridors, this move-in-ready home presents an exceptional opportunity to enjoy all that San Mateo has to offer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1961
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $736.0 / Month
Neighborhood Insights
San Mateo Unified Schools
Parkside Elementary School
Grades K-5 • 0.9 mi
4/10
Bayside S.T.E.M. Academy
Grades 6-8 • 1.2 mi
7/10
Hillsdale High School
Grades 9-12 • 1.9 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.9 |
| Baths | 1.0 | 1.4 |
| Square foot | 590 | 1,012.867 |
| Lot Size | - | 11,315.511 |
| Price | $475.0K | $745.6K |
| Price per sq ft | $805 | $786 |
| Built year | 1961 | 1981 |
| HOA | $736.0 | $818 |
| Days on market | 8 | 65 |
Pricing History
Listed for Sale
Oct 16, 2026
$475,000
Initial Listing
Sold
Nov 4, 2022
$535,000
Public Record
Sold
Feb 11, 2000
$191,000
Public Record
Sold
Apr 23, 1998
$140,000
Public Record