2015 Ticonderoga Drive, San Mateo, California 94402, San Mateo, 94402 - 3 bed, 2 bath
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2015 Ticonderoga Drive
San Mateo, California 94402
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,650Sq Ft
12,638Lot Size
Property Price
LIST PRICE$2,488,888
EST. MARKET VALUE
$2,675,465
6% BelowMARKET VALUE
SUMMARY
This iconic mid-century Eichler is a Strong Value Opportunity, listed at $2,488,888—positioned well below the $2,675,466 Fair Market Value by 6%. This valuation gap offers $186,578 in Instant Equity. Featuring a 12,638 sq. ft. lot and a permitted detached studio, the property maintains a Condition Rating of 4, offering significant potential for modernization. Located in the Aragon High School district near the Highlands Rec Center, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking expansion potential.
Estimated Market Value
$2,675,465+$186,577 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 |
|---|---|---|---|---|---|---|
★ 2015 Ticonderoga Drive Subject 3 bd · 2 ba · 1,650 sqft · $1,621 | $2,488,888* List Price | 3 | 2 | 1,650 | $1,621 | - |
A 1708 Monticello Road Sold 4 bd · 2 ba · 1,737 sqft · $1,410 · 0.5 mi | $2,450,000 | 4 | 2 | 1,737 | $1,410 | 0.5 mi |
B 1571 Forge Road Sold 3 bd · 2 ba · 1,500 sqft · $1,567 · 0.8 mi | $2,350,000 | 3 | 2 | 1,500 | $1,567 | 0.8 mi |
C 1883 Parrott Drive Sold 4 bd · 3 ba · 2,050 sqft · $1,463 · 0.6 mi | $3,000,000 | 4 | 3 | 2,050 | $1,463 | 0.6 mi |
D 1581 Ascension Drive Sold 4 bd · 3 ba · 2,240 sqft · $1,214 · 0.7 mi | $2,720,000 | 4 | 3 | 2,240 | $1,214 | 0.7 mi |
E 65 Mountain View Place Pending 3 bd · 2 ba · 1,950 sqft · $1,641 · 0.4 mi | $3,199,000 List Price | 3 | 2 | 1,950 | $1,641 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1958 and held by the original owner, the property is well-maintained but largely dated. While it features a new sewer lateral (2025) and a resealed roof, the kitchen and bathrooms show signs of older renovations (likely 20+ years old) and the interior retains original mahogany paneling. It is functional and move-in ready but requires aesthetic and systemic modernization to meet contemporary standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12638, living area = 1650.
- Expansive Level Lot
At 12,638 sq. ft., this is one of the largest level lots in the San Mateo Highlands, providing rare expansion potential and ample space for outdoor entertaining.
- Iconic Eichler Architecture
The home features classic mid-century modern design with floor-to-ceiling glass and original mahogany paneling, complemented by a versatile permitted detached studio.
CONSRISKS & DEFICIENCIES
- Limited Disclosures
As a Successor Trustee sale, the property is sold with limited disclosures, requiring buyers to conduct thorough due diligence to uncover potential hidden issues.
- Original Condition
While meticulously maintained by the original owner since 1958, the home likely requires significant modern updates and renovations to align with contemporary buyer expectations.
About 2015 Ticonderoga Drive
Set on a quiet cul-de-sac, this 3 Bedroom 2 Bath home sits on an oversized 12,638 sq. ft. lot, blending iconic mid-century design. One of the largest level lots in the SM Highlands for expansion possibilities. The 1,650 sq foot layout flows effortlessly from living and dining spaces to outdoor entertaining areas, ideal for both everyday living and hosting large events. Floor to ceiling walls of glass w/original Mahogany wood paneling. A permitted free-standing studio adds flexible space for a home office, gym, or artist workshop. Recently epoxied 2-car garage floor. Resealed Foam roof. Sewer lateral replaced in 2025. Successor Trustee sale with limited disclosures. This original owner home has been cared for since 1958. Staged for the fall season with a pumpkin patch to show off the generous sized grounds! Rec center includes community pool, tennis courts, and after school programs. Sawyer Camp Road close by for walking, jogging, plus bike trails along the Crystal Springs reservoir. Close to Highlands Elementary School. In the Aragon High School district. Location! Location! Location!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 12,638 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Mateo Unified Schools
Highlands Elementary School
Grades K-5 • 0.6 mi
5/10
Borel Middle School
Grades 6-8 • 2.5 mi
6/10
Aragon High School
Grades 9-12 • 2.4 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.1 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,650 | 1,743.298 |
| Lot Size | 12,638 | 6,079.649 |
| Price | $2.49M | $2.26M |
| Price per sq ft | $1.5K | $1.4K |
| Built year | 1958 | 1952 |
| HOA | $0 | $387 |
| Days on market | 6 | 33 |
Pricing History
Listed for Sale
Oct 18, 2026
$2,488,888
Initial Listing