1999 Ofarrell Street, San Mateo, California 94403, San Mateo, 94403 - 2 bed, 3 bath
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San Mateo, California 94403
This Luxurious Penthouse Townhome is a Strong Value Opportunity, listed at $1,198,000—positioned well below the $1,339,815 Fair Market Value by 10%. This valuation gap provides $141,815 in Instant Equity for the incoming buyer. Boasting a Mint Condition Rating, the residence features luxury vinyl plank flooring, a new central A/C system, and access to a community pool and spa. Zoned for the top-rated Aragon High School, this move-in ready sanctuary offers a premium lifestyle near downtown San Mateo. It is an ideal acquisition for Owner-Occupants or Commuting Professionals seeking immediate appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1999 Ofarrell Street Subject | $1,198,000* List Price | 2 | 3 | 1,507 | $889 | - |
A 2086 S Delaware Street Sold | $925,000 | 2 | 2 | 1,008 | $918 | 0.5 mi |
B 25 Mcaker Court 103 Active | $1,190,000 List Price | 3 | 3 | 1,375 | $865 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a very recent renovation (likely <5 years) including new luxury vinyl plank flooring, new carpeting, and modern fixtures. Key systems are updated with a brand new central A/C and heating system. The kitchen and bathrooms have been modernized with quartz countertops and newer stainless steel appliances, putting it in mint, move-in ready condition.
This 1,507 sq ft penthouse features a rare two-level townhome-style design with a flexible bonus room that can easily function as a third bedroom, home office, or formal dining area.
The property is move-in ready with luxury vinyl plank flooring, new carpeting, and a brand-new central A/C system, complemented by gated community perks like a pool, gym, and clubhouse.
Situated in a highly desirable area with excellent transit access to CalTrain and Highways 92/101/280, and within the attendance boundary of the highly-rated Aragon High School.
The monthly association fee of $655 is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
While the high school is top-tier, the assigned elementary and middle schools carry average ratings (5 and 4 respectively), which may be a drawback for families with younger children.
Luxurious penthouse condo in Corte Bella, Westside San Mateo. This expansive 1,507 sq ft, two-level townhome-style home offers 2 bedrooms, 2.5 bathrooms and a versatile BONUS ROOM ideal as a 3RD BEDROOM, office or formal dining room. Updated with luxury vinyl plank flooring, new carpeting, recessed lighting, and modern fixtures throughout. Living room features a vaulted ceiling, fireplace, and private balcony overlooking the landscaped courtyard. Bonus room off the main living area with double doors. Kitchen includes newer stainless steel appliances and under-cabinet LED lighting. Upstairs bedrooms offer private ensuite baths. Primary suite includes vaulted ceiling, walk-in closet, private balcony, and double-sided fireplace. Primary bath features dual-sink quartz vanity, mirrored cabinet, sunken tub, and separate shower. Secondary bedroom includes vaulted ceiling, walk-in closet, and private bath. Laundry area with side-by-side washer/dryer. Includes new central A/C and heating, two secured parking spaces, and extra storage. Gated community with pool, spa, fitness center, and clubhouse. Close to 25th Ave, downtown San Mateo, Hillsdale Shopping Center, CalTrain, public transportation and Hwy 92/101/280.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 39% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,507 | 1,643 | 44% |
| Lot Size | - | 1,682.5 | 39% |
| Price | $1.20M | $1.60M | 22% |
| Price per sq ft | $795 | $951 | 11% |
| Built year | 1996 | 2015 | 28% |
| HOA | $655.0 | $522 | 89% |
| Days on market | 8 | 100 | 6% |
Apr 14, 2026
$1,198,000
Initial Listing
Mar 20, 2012
$199,000
Public Record
Sep 18, 2008
$625,000
Public Record
Nov 29, 2005
$718,000
Public Record
Aug 5, 1996
$279,500
Public Record