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

2056 Fairmont Drive
San Mateo, California 94402
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2056 Fairmont Drive Subject | $3,149,000* List Price | 6 | 4 | 2,680 | $1,202 | - |
A 1912 Los Altos Drive Pending | $2,498,000 List Price | 4 | 3 | 2,200 | $1,135 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
South Hillsborough School
Grades K-5 • 3.0 mi
Borel Middle School
Grades 6-8 • 2.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 96% |
| Baths | 4.0 | 2.0 | 84% |
| Square foot | 2,680 | 1,848.5 | 75% |
| Lot Size | 10,908 | 7,065.5 | 82% |
| Price | $3.15M | $2.65M | 70% |
| Price per sq ft | $1.2K | $1.3K | 18% |
| Built year | 1977 | 1954 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 146 | 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













































































