2247 Armada Way, San Mateo, California 94404, San Mateo, 94404 - 2 bed, 3 bath
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2247 Armada Way
San Mateo, California 94404
ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,223Sq Ft
0Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$1,035,263
6% AboveMARKET VALUE
SUMMARY
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $1,100,000—positioned well above the $1,035,264 Fair Market Value by 6%. While priced at a premium, the property maintains a Good Condition Rating with updated stone-finished baths and a modern kitchen. Residents enjoy a serene Park/Greenbelt View, community pool, and access to the San Mateo-Foster City Elementary district. With high ceilings and a functional layout, this home offers a refined lifestyle for Owner-Occupants or first-time buyers seeking a turnkey residence in a prime location.
Estimated Market Value
$1,035,263
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 |
|---|---|---|---|---|---|---|
★ 2247 Armada Way Subject | $1,100,000* List Price | 2 | 3 | 1,223 | $846 | - |
A 1422 Via Vista Sold | $865,000 | 2 | 2 | 1,070 | $808 | 0.6 mi |
B 2175 Vista Del Mar Sold | $925,000 | 2 | 3 | 1,121 | $825 | 0.6 mi |
C 1720 Vista Del Sol Sold | $875,000 | 2 | 2 | 1,070 | $818 | 0.5 mi |
D 1054 Shoreline Drive Sold | $1,300,000 | 3 | 2 | 1,570 | $828 | 0.3 mi |
E 2185 Vista Del Mar Sold | $861,000 | 2 | 3 | 1,121 | $768 | 0.6 mi |
F 860 Meridian Bay Lane 342 Sold | $1,080,000 | 2 | 2 | 1,350 | $800 | 0.8 mi |
G 913 Shoreline Drive Active | $938,888 List Price | 2 | 2 | 1,165 | $806 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1979, the property is well-maintained and move-in ready. It features updated bathrooms with stone tile finishes and a kitchen equipped with stone countertops and modern appliances. The interior condition and functional updates suggest a renovation within the 5-15 year range, meeting the criteria for Good condition.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Interior Finishes
The property features updated bathrooms with stone tile and a kitchen equipped with stone countertops, offering a contemporary feel that appeals to modern buyers.
- Desirable Layout and Amenities
High ceilings, a separate family room with a fireplace, and a walk-in closet provide a sense of space, complemented by community access to an in-ground pool and spa.
- Prime Location and Views
Boasting a serene park/greenbelt view, the home is conveniently located near highly-rated schools like Aragon High and Bayside S.T.E.M. Academy.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fees
The monthly HOA fee of $825 is substantial and may impact the overall affordability and debt-to-income ratio for potential buyers.
- Dated Flooring and Heating
The presence of carpet and vinyl/linoleum flooring, combined with a radiant heating system, may be perceived as dated compared to modern luxury standards.
About 2247 Armada Way
Located in San Mateo, this 1,223 sq ft home features 2 bedrooms and 2 full bathrooms with updated baths including a shower and tub combination, stall shower, and stone tile finishes. The kitchen is equipped with stone countertops, built-in electric oven range, refrigerator, dishwasher, garbage disposal, and exhaust fan. Enjoy the separate family room with a fireplace, plus a dining area for meals. Flooring throughout includes carpet, tile, and vinyl/linoleum. Additional amenities include radiant heating, high ceilings, and a walk-in closet. Laundry is conveniently located on the upper floor with washer and dryer included. The property offers a 1-car garage and access to community facilities including an in-ground pool and spa. The home is within the San Mateo-Foster City Elementary school district.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $825.0 / Month
Neighborhood Insights
San Mateo Unified Schools
Horrall Elementary School
Grades K-5 • 0.9 mi
2/10
Bayside S.T.E.M. Academy
Grades 6-8 • 0.5 mi
7/10
Aragon High School
Grades 9-12 • 2.3 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.8 |
| Baths | 3.0 | 1.5 |
| Square foot | 1,223 | 1,024.447 |
| Lot Size | - | 13,097.842 |
| Price | $1.10M | $732.3K |
| Price per sq ft | $899 | $763 |
| Built year | 1979 | 1981 |
| HOA | $825.0 | $852 |
| Days on market | 75 | 63 |
Pricing History
Listed for Sale
Jun 26, 2026
$1,100,000
Initial Listing
Sold
Apr 7, 2004
$510,000
Public Record
Sold
Jun 10, 1994
$230,000
Public Record