2056 Fairmont Drive, San Mateo, California 94402, San Mateo, 94402 - 6 bed, 4 bath

2056 Fairmont Drive, San Mateo, California 94402 home-pic-0

2056 Fairmont Drive

San Mateo, California 94402

ACTIVE
CONDITION: FAIR
6Beds
4Baths
2,680Sq Ft
10,908Lot Size

Property Price

LIST PRICE$3,149,000
EST. MARKET VALUE
$3,221,592

SUMMARY

Analysis of 2056 Fairmont Drive, San Mateo, California 94402 reveals a Fairly Priced Property with a current list price of $3,149,000  aligned with the estimated $3,221,592 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Mateo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$3,221,592
Based on Realkey algorithm analyzing recent comparable sales in San Mateo.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2056 Fairmont Drive
Subject
$3,149,000*
List Price
642,680$1,202-
A
1912 Los Altos Drive
Pending
$2,498,000
List Price
432,200$1,1350.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1977, this Tudor-style home is well-maintained and move-in ready but remains largely unrenovated. The kitchen features dated white appliances, older cabinetry, and fluorescent box lighting, while the bathrooms retain older tile work and gold-framed fixtures. The interior shows signs of its age with popcorn ceilings, dated wood paneling, and older carpeting. While functional and clean, the property requires significant cosmetic updates and modernization of major systems to align with current market standards for this price point.

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 = 10908, living area = 2680.

  • Great Schools

    Elementary School: South Hillsborough School (9/10). Middle School: Crocker Middle School (9/10).

  • Expansive Lot & Outdoor Potential

    The rare 10,908 sqft lot provides a massive, sun-drenched backyard that serves as a blank canvas for luxury amenities like a resort-style pool, spa, or professional outdoor kitchen.

CONSRISKS & DEFICIENCIES

  • Potential Need for Modernization

    Built in 1977 and described as a 'blank canvas,' the interior may require significant cosmetic or structural updates to align with modern luxury standards.

  • Premium Price Point

    At a list price of $3.149M, the property represents a high entry point that likely reflects land value, requiring a substantial additional budget for renovations to realize its full potential.

About 2056 Fairmont Drive

Commanding a premier position in one of San Mateos most sought-after neighborhood. This classic two-level Tudor-style home spans an impressive 2,680 sqft, offering a versatile layout that features 6 spacious bedrooms and 4 bathrooms. The true crown jewel of this property is the expansive 10,000 sqft lot. Behind the home lies a massive, sun-drenched backyard that serves as a private sanctuary and a blank canvas for your imagination. It is the ideal setting to build the escape of your dreams....a resort-style pool and spa, a professional outdoor kitchen for entertaining, or a lush sustainable garden. Complementing the homes interior is a functional three-car garage, providing ample space for vehicles and additional storage. Beyond the property lines, the location offers an unparalleled quality of life. Families will appreciate the close proximity to top-rated San Mateo schools, known for their academic excellence and community focus. For the modern professional, the home provides seamless access to the 280 freeway, offering a scenic and efficient commute to both San Francisco and the heart of Silicon Valley. This is more than just a house; it is a chance to secure a legacy property in a prime Peninsula location.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1977
Lot Size
10,908 Sq. Ft.

Interior

Total Bedrooms
6
Total Bathrooms
4 (4 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 • 1.1 mi

5/10

South Hillsborough School

Grades K-5 • 3.0 mi

9/10

Borel Middle School

Grades 6-8 • 2.2 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds6.04.0
96%
Baths4.02.0
84%
Square foot2,6801,848.5
75%
Lot Size10,9087,065.5
82%
Price$3.15M$2.65M
70%
Price per sq ft$1.2K$1.3K
18%
Built year19771954
93%
HOA$0$0
50%
Days on market8146
2%

Pricing History

Listed for Sale

Feb 27, 2026

$3,149,000

Initial Listing

Sold

Nov 10, 2021

$869,000

Public Record

Sold

Apr 27, 2018

$2,350,000

Public Record

Sold

Feb 21, 2012

$275,000

Public Record

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