1648 Wolfe Drive, San Mateo, California 94402, San Mateo, 94402 - 3 bed, 2 bath
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San Mateo, California 94402
This Mid-Century Modern Value-Add Project represents a High-Potential Investment Opportunity, listed at $1,650,888 and positioned near its $1,603,281 Fair Market Value. Currently in Mostly Original 1956 Condition, the residence features iconic Eichler-style floor-to-ceiling glass doors and a private patio. Situated in a premier San Mateo location near Aragon High School and Caltrain, the property offers immense forced appreciation potential through a full-scale renovation. This architectural blank canvas is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a high-ROI restoration project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1648 Wolfe Drive Subject | $1,650,888* List Price | 3 | 2 | 1,400 | $1,145 | - |
A 675 Edna Way Sold | $1,815,000 | 4 | 2 | 1,540 | $1,179 | 0.1 mi |
B 516 S Humboldt Street Sold | $1,308,000 | 2 | 2 | 1,080 | $1,211 | 0.9 mi |
C 1408 Birch Avenue Active | $1,359,000 List Price | 2 | 1 | 1,050 | $1,294 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in mostly original 1956 condition and requires a complete renovation. The kitchen and bathrooms feature original, heavily worn cabinetry and outdated fixtures. Flooring throughout the home is stained or deteriorated, and the listing explicitly states the home requires extensive rehabilitation and serves as a blank canvas for a total remodel.
This rare Eichler-style home features signature floor-to-ceiling glass doors and a seamless indoor-outdoor flow, offering a highly desirable aesthetic for mid-century modern enthusiasts.
Ideally situated minutes from Highways 92 and 101, the Caltrain station, and downtown San Mateo, providing exceptional convenience for commuting and access to local amenities.
With 'good bones' and a classic floor plan on a spacious lot, this property serves as a perfect blank canvas for a custom renovation to build significant equity.
The property is in mostly original condition and requires a complete renovation, necessitating a substantial additional budget and timeline for modernizing the living space.
The assigned elementary school has a significantly lower rating (3/10) compared to the middle and high schools, which may be a drawback for families prioritizing top-tier primary education.
Experience the timeless appeal of mid-century modern design with this rare Eichler-style gem, perfectly positioned for ultimate convenience. Located just minutes from Highways 92 and 101, the Caltrain station, Trader Joes, and the vibrant dining of downtown San Mateo, this home offers an unparalleled lifestyle location. The architectural charm is highlighted by signature floor-to-ceiling glass doors that seamlessly connect the living spaces to a private, desirable sideyard. This indoor-outdoor flow extends to the primary suite, which also features its own floor-to-ceiling glass sliding door opening directly to the outdoors. Boasting "good bones," a classic floor plan, and a spacious backyard, this residence is a brilliant blank canvas ready for your creative reimagination. While the property is in mostly original condition and requires a complete renovation, it presents a spectacular opportunity to restore a piece of architectural history or craft a bespoke modern masterpiece.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,400 | 1,890 | 16% |
| Lot Size | 5,250 | 6,497 | 32% |
| Price | $1.65M | $2.75M | 9% |
| Price per sq ft | $1.2K | $1.4K | 12% |
| Built year | 1956 | 1953 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 124 | 2% |
Apr 10, 2026
$1,650,888
Initial Listing