217 W 40th Avenue, San Mateo, California 94403, San Mateo, 94403 - 3 bed, 2 bath
ACTIVE$1,800,000
217 W 40th Avenue, San Mateo, California 94403
3Beds
2Baths
1,720Sqft
6,824Lot
Price Vs. Estimate
The estimated value ($1,800,000) is $0 (0%) lower than the list price ($1,800,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
Top Cons:
Significant Price Reductions: The property has undergone multiple substantial price improvements, dropping from an original list price of $1.998M to $1.8M, which may indicate a perceived overvaluation or prolonged market time.
Compared to the nearby listings
Price:$1.80M vs avg $2.15M ($-352,500)34%
Size:1,720 sqft vs avg 1,730 sqft50%
Price/sqft:$1.0K vs avg $1.2K19%
More Insights
Built in 1950 (75 years old).
Condition: The property, built in 1950, has undergone significant recent cosmetic updates, including fresh paint, new LVP flooring throughout, and professional landscaping, making it move-in ready. The kitchen features modern stainless steel appliances, updated countertops, and a contemporary backsplash, though the cabinet style is more traditional. The bathroom is notably modern with a vessel sink, illuminated mirror, and updated tiling. While these updates are substantial and recent, the listing description mentions it's a 'canvas for your updates' and the property analysis points to 'Potential for System Updates,' suggesting that major systems (HVAC, plumbing, electrical) may not have been fully renovated within the last 5-15 years. This prevents it from reaching an 'Excellent' score, but the overall condition is well-maintained and requires no immediate renovations.
Year Built
1950
Close
-
List price
$1.8M
Original List price
$2M
Price/Sqft
$1,047
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022207
Home ConditionGood
Features
Excellent View: Bay, City Lights, Neighborhood
Patio
ViewBay,City Lights,Neighborhood
About this home
Major Price improvement! Welcome home to views in Westwood Knolls! This inviting 3-bedroom, 2-bath home offers 1,720 square feet of living space on a generous 6,790 square foot lot. The spacious family room showcases vaulted ceilings and floor-to-ceiling windows with a sliding door that opens to the large, level backyard with outstanding views. A separate living room with an adjoining dining area adds flexibility for both entertaining and everyday living. With two fireplaces, generous living spaces, and a thoughtfully designed floor plan, the home combines comfort with versatility. Freshly painted and professionally landscaped, it is move-in ready while also providing an excellent canvas for your updates and personal touches as desired. Ideally situated in a sought-after neighborhood, the property is close to schools, including top-rated Hillsdale High School, with convenient access to CalTrain, Highways 92, 101, and 280. There is a large offering of shops, restaurants, and entertainment options nearby, including Hillsdale Shopping Center. 217 W 40th Avenue offers an exceptional opportunity in the heart of San Mateo for the best in living indoors and outdoors!
Nearby schools
4/10
Laurel Elementary School
Public,•K-5•0.4mi
8/10
Cipriani Elementary School
Public,•K-5•1.0mi
8/10
Fox Elementary School
Public,•K-5•2.0mi
5/10
Highlands Elementary School
Public,•K-5•2.9mi
7/10
Redwood Shores Elementary School
Public,•K-5•3.5mi
8/10
Sandpiper Elementary School
Public,•K-6•3.5mi
4/10
Abbott Middle School
Public,•6-8•0.6mi
7/10
Nesbit Elementary School
Public,•K-8•1.3mi
9/10
Ralston Intermediate School
Public,•6-8•1.4mi
6/10
Borel Middle School
Public,•6-8•2.0mi
7/10
Hillsdale High School
Public,•9-12•1.0mi
9/10
Carlmont High School
Public,•9-12•1.6mi
8/10
Aragon High School
Public,•9-12•2.3mi
Condition Rating
Good
The property, built in 1950, has undergone significant recent cosmetic updates, including fresh paint, new LVP flooring throughout, and professional landscaping, making it move-in ready. The kitchen features modern stainless steel appliances, updated countertops, and a contemporary backsplash, though the cabinet style is more traditional. The bathroom is notably modern with a vessel sink, illuminated mirror, and updated tiling. While these updates are substantial and recent, the listing description mentions it's a 'canvas for your updates' and the property analysis points to 'Potential for System Updates,' suggesting that major systems (HVAC, plumbing, electrical) may not have been fully renovated within the last 5-15 years. This prevents it from reaching an 'Excellent' score, but the overall condition is well-maintained and requires no immediate renovations.
Pros & Cons
Pros
Great Schools: Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
Panoramic Views: The property offers outstanding views of the Bay, city lights, and the surrounding neighborhood, significantly enhancing its appeal and potential value.
Prime Location & Accessibility: Ideally situated in the sought-after Westwood Knolls neighborhood, providing convenient access to top-rated schools (including Hillsdale High), major transportation routes (CalTrain, Hwys 92, 101, 280), and extensive local amenities like Hillsdale Shopping Center.
Spacious & Versatile Living Areas: Features a spacious family room with vaulted ceilings and floor-to-ceiling windows, complemented by a separate living room and dining area, offering flexible and generous spaces for both entertaining and daily living.
Move-in Ready with Customization Potential: Recently refreshed with fresh paint and professional landscaping, making it immediately move-in ready, while also providing an excellent foundation for future personalized updates and enhancements.
Generous Lot & Outdoor Space: Sits on a substantial 6,790 square foot lot with a large, level backyard, offering ample outdoor space for recreation, gardening, and enjoying the views.
Cons
Significant Price Reductions: The property has undergone multiple substantial price improvements, dropping from an original list price of $1.998M to $1.8M, which may indicate a perceived overvaluation or prolonged market time.
Potential for System Updates: Built in 1950, the description suggests it's a 'canvas for your updates,' implying that while cosmetically refreshed, major systems (e.g., HVAC, plumbing, electrical) may be original or require modernization, incurring additional buyer costs.
Limited Modern Amenities Mentioned: The listing does not explicitly highlight contemporary features such as smart home technology, energy-efficient upgrades, or specific high-end finishes, which might be a consideration for buyers in this market segment.