
San Mateo, California 94403
This Modern Townhouse represents a High-Potential Investment Opportunity, listed at $1,325,000—positioned well below the $1,496,265 Fair Market Value by 11%. This valuation gap offers $171,265 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this 2021 build includes a private deck, smart-home technology, and a dual en-suite layout. Its turnkey status and prime San Mateo location make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 185 Waters Park Circle Subject 2 bd · 3 ba · 1,546 sqft · $964 | $1,298,000* List Price | 2 | 3 | 1,546 | $964 | - |
A 116 Franklin Parkway Sold 2 bd · 3 ba · 1,608 sqft · $995 · 0.9 mi | $1,600,000 | 2 | 3 | 1,608 | $995 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is less than 10 years old and in mint condition. It features a modern open-concept kitchen with contemporary finishes, stainless steel appliances, newer HVAC systems with ceiling cassettes, and requires no maintenance.
Built in 2021, this home features contemporary design, energy-efficient systems, and smart-home technology, offering the peace of mind that comes with newer construction.
Both spacious bedrooms include private en-suite bathrooms, providing an ideal setup for maximum privacy, guest accommodations, or a professional home office.
Centrally located in San Mateo, the property offers excellent proximity to major commute corridors, diverse dining, and shopping, making it highly desirable for Bay Area professionals.
The 2-car garage is arranged in a tandem format, which can be less convenient for multi-driver households compared to a traditional side-by-side layout.
The vertical three-story floor plan requires frequent use of stairs to navigate between the garage, main living area, and bedrooms, which may not suit all lifestyles.
Built in 2021, this stylish San Mateo residence delivers the rare combination of newer construction, modern design, generous living space, and a private 2-car tandem garage - all in a convenient Peninsula location. This thoughtfully designed three-level home offers nearly 1,600 sq ft of bright, comfortable living with large windows and an open, airy feel. The main living level brings together the kitchen, dining, and living areas for effortless everyday living and entertaining, while a covered deck extends the space outdoors. Upstairs, two spacious bedrooms provide privacy and flexibility, including a generous primary suite with a walk-in closet and private bath. The second bedroom with its own en-suite bath is ideal for guests, a home office, or a private retreat. Contemporary finishes, energy-efficient features, smart-home technology, and an attached garage add to the ease of modern living. Enjoy a beautifully maintained community setting with convenient access to shopping, dining, major commute routes, and everything San Mateo and the Peninsula have to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,546 | 1,496.111 |
| Lot Size | - | 1,602.033 |
| Price | $1.30M | $1.24M |
| Price per sq ft | $840 | $863 |
| Built year | 2021 | 2001 |
| HOA | $389.0 | $534 |
| Days on market | 44 | 51 |
Oct 16, 2026
$1,298,000
$1,325,000
-2% Price Drop
Initial Listing
Sep 19, 2026
$1,325,000
$998,000
+33% Price Increase
Initial Listing
Sep 10, 2026
$998,000
Initial Listing
Nov 24, 2021
$1,351,000
Public Record