213 Moresby Lane, Redwood City, California 94063, Redwood City, 94063 - 2 bed, 3 bath
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213 Moresby Lane
Redwood City, California 94063
ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,625Sq Ft
0Lot Size
Property Price
LIST PRICE$1,325,000
EST. MARKET VALUE
$1,417,542
6% BelowMARKET VALUE
SUMMARY
This Turnkey Townhouse is a Strong Value Opportunity, listed at $1,325,000—positioned well below the $1,417,542 Fair Market Value by 6%. This valuation gap offers $92,542 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this end-unit offers scenic reserve views, refinished hardwood floors, and a flexible 3-bedroom layout. While local school ratings are moderate, the property’s proximity to transit and downtown makes it an ideal choice for Owner-Occupants or first-time buyers seeking a sophisticated, move-in-ready lifestyle.
Estimated Market Value
$1,417,542+$92,542 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Redwood City.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 213 Moresby Lane Subject 2 bd · 3 ba · 1,625 sqft · $872 | $1,325,000* List Price | 2 | 3 | 1,625 | $872 | - |
A 407 Charlott Lane Sold 3 bd · 3 ba · 1,405 sqft · $934 · 0.0 mi | $1,312,500 | 3 | 3 | 1,405 | $934 | 0.0 mi |
B 639 Turnbuckle Drive 1503 Pending 3 bd · 3 ba · 1,966 sqft · $839 · 0.1 mi | $1,649,000 List Price | 3 | 3 | 1,966 | $839 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1999 (25 years old), the property exceeds the 'Fair' age threshold due to superior maintenance and recent cosmetic updates. The interior features recently refinished hardwood floors and fresh paint, presenting a move-in-ready condition. While the kitchen and bathrooms appear to retain their original 1999 layout and cabinetry, they are functional, clean, and well-integrated, aligning with the 'Good' criteria for well-maintained, functional living spaces.
PROSSTRENGTHS & OPPORTUNITIES
- Prime End-Unit Location
As a rare end unit, the property offers enhanced privacy and scenic views of the Don Edwards Reserve and community pool, providing a tranquil bay-side living experience.
- Flexible Living Space
The custom floor plan offers 1,625 sq. ft. of sophisticated space with the unique flexibility to convert the layout into a three-bedroom configuration to suit growing needs.
- Turnkey Condition
The home is move-in ready, featuring recently refinished hardwood floors throughout, fresh interior paint, and a modern kitchen with a central island.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- High Monthly HOA Dues
The monthly association fee of $650 is relatively high, which increases the total monthly carrying cost for the homeowner.
- Lower-Rated Local Schools
The assigned elementary and middle schools have lower performance ratings (3/10 and 5/10 respectively), which may impact long-term resale value for family-oriented buyers.
About 213 Moresby Lane
Rare, exceptional, custom 2 bedroom 2.5 bath offers an effortless blend of privacy, scale and sophisticated living.Custom because no other end unit unfolds like this with the flexibility to be a 3 bedroom. Ideally positioned overlooking the community pool and the natural beauty of the Don Edwards Reserve, this home brings together privacy, comfort, and a true Bay Area lifestyle. Recently refinished hardwood floors throughout and fresh interior paint create a warm, move-in-ready setting. The inviting formal living room features a fireplace, while the elevated dining area overlooks the living room and adds an elegant touch for entertaining. The spacious kitchen features an island and opens to a comfortable family room and informal dining area. A wonderful bonus is the view from the kitchen, look out while preparing meals or washing dishes and enjoy the peaceful water and open space of the reserve. Located in a quiet townhome community near the bay, residents enjoy a community pool and walking trails just outside the door. Conveniently located near Highway 101, downtown Redwood City, Caltrain, shopping, dining, and entertainment. A rare opportunity by the bay to own a distinctive end-unit with views, flexible living space and an exceptional Redwood City location. Bay living!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1999
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $650.0 / Month
Neighborhood Insights
Redwood City Unified Schools
Taft Elementary School
Grades K-5 • 2.1 mi
3/10
John F. Kennedy Middle School
Grades 5-8 • 2.7 mi
5/10
Sequoia High School
Grades 9-12 • 1.1 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 3.0 | 2.8 |
| Square foot | 1,625 | 1,430.625 |
| Lot Size | - | 1,273.2 |
| Price | $1.32M | $1.33M |
| Price per sq ft | $815 | $899 |
| Built year | 1999 | 1991 |
| HOA | $650.0 | $568 |
| Days on market | 23 | 51 |
Pricing History
Listed for Sale
Oct 1, 2026
$1,325,000
Initial Listing
Sold
Jan 29, 2015
$800,000
Public Record
Sold
Jul 19, 2001
$570,000
Public Record