1615 Marina Court B, San Mateo, California 94403, San Mateo, 94403 - 3 bed, 1 bath
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San Mateo, California 94403
This 3-bedroom top-floor condominium is a Strong Value Opportunity, listed at $685,000—positioned well below the $684,776 Fair Market Value by approximately 0%. Featuring a Mint Condition Rating with a recent open-concept renovation, stainless steel appliances, and serene lagoon views, this home offers immediate move-in readiness. While the monthly HOA is notable, the property’s prime San Mateo location near major transit and shopping provides long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1615 Marina Court B Subject | $685,000* List Price | 3 | 1 | 1,010 | $678 | - |
A 3033 Los Prados Street 229 Sold | $595,000 | 2 | 2 | 950 | $626 | 0.5 mi |
B 3045 Los Prados Street 217 Sold | $535,000 | 2 | 2 | 956 | $560 | 0.5 mi |
C 3045 Los Prados Street 218 Sold | $585,000 | 2 | 2 | 956 | $612 | 0.5 mi |
D 1555 Marina Court F Active | $749,000 List Price | 2 | 1 | 1,000 | $749 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the structure dates to 1959, the interior has undergone a comprehensive recent renovation featuring an open-concept layout, stainless steel appliances, recessed lighting, modern flooring, and updated fixtures, resulting in a mint-condition, move-in ready home.
Priced at $685,000, this unit is positioned significantly below historical comparables and nearby 3-bedroom lagoon-front properties, offering immediate equity potential for owner-occupants or strong cash flow for investors.
As a top-floor corner unit, the home enjoys enhanced privacy, abundant natural light from southeast exposure, and serene views of Lakeshore Park and the lagoon.
The property features an updated open-concept layout with stainless steel appliances and the rare convenience of an in-unit washer/dryer, complemented by community amenities including a pool and fitness center.
The 3-bedroom configuration is serviced by only one bathroom, which may present functional challenges and logistical constraints for families or multiple roommates.
The monthly association fee of $819 is relatively high, which impacts overall affordability and may deter buyers sensitive to fixed monthly overhead.
Sunny water views from every room welcome you to this updated open concept 3 bedroom top floor corner unit home. Spacious southeast facing living room and kitchen filled with stainless appliances, plentiful counter space, ample dining area allows gather, meal prep + homework time to go side by side. Each of the 3 bedrooms is well proportioned, filled w/ natural light + room for king beds. A entryway balcony w/ built-in bench provides an ideal mudroom or outdoor storage. In unit washer/dryer makes it easy and multiple in-community commercial sized laundry machines allow you the option to self clean larger linens. 2 parking spots (w/ dedicated storage), as well as available street parking. A community pool, clubhouse + fitness center round out the amenities. Minutes to all shopping whether Foster City or San Mateo, incl. Whole Foods, Safeway, Crunch Fitness, Blue Bottle, Barnes and Noble, Hillsdale Mall + Caltrain. The 101/92 are close enough to keep the commute as short as possible. 1 year ago, we sold this configuration for $825,000. Condo pricing is more buyer friendly now and this will prove strong for owner occupied or as cash flow rental. 3 bedrooms across the lagoon, still San Mateo, priced well north of $950,000.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 94% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 1,010 | 1,024 | 47% |
| Lot Size | - | - | 50% |
| Price | $685.0K | $670.0K | 53% |
| Price per sq ft | $678 | $678 | 50% |
| Built year | 1959 | 1974 | 6% |
| HOA | $819.0 | $631 | 82% |
| Days on market | 17 | 152 | 6% |
May 29, 2026
$685,000
Initial Listing
Apr 30, 2014
$512,000
Public Record
Jan 25, 2000
$270,000
Public Record
Oct 19, 1998
$215,500
Public Record