San Mateo, California 94402
This spacious townhome is a Strong Value Opportunity, listed at $1,195,000—positioned well below the $1,236,111 Fair Market Value by 3%. This valuation gap offers $41,111 in Instant Equity for the buyer. Featuring a Good Condition Rating with 2018 renovations, oak hardwood floors, and a private deck with scenic views, the home offers a turnkey lifestyle. Located near Highlands Elementary, it provides a perfect balance of commuter convenience and comfort for Owner-Occupants or first-time buyers seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2319 Ticonderoga Drive Subject | $1,125,000* List Price | 2 | 3 | 1,470 | $757 | - |
A 2329 Ticonderoga Drive Active | $1,288,000 List Price | 2 | 3 | 1,770 | $728 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent an extensive renovation in 2018 (6 years ago), which includes updated systems like the furnace, water heater, and roof. While the interior features modern oak floors and updated bathrooms, the 6-year age of the renovation places it in the 'Good' category (5-15y reno) rather than 'Excellent', though it remains in move-in ready condition.
The property underwent a comprehensive update in 2018, including a newer roof, oak hardwood floors, dual-pane windows, and updated mechanical systems, ensuring a move-in-ready experience with minimized immediate maintenance costs.
The upper level features soaring wood-paneled ceilings and multiple skylights that create a bright, loft-like atmosphere, significantly enhancing the aesthetic appeal and perceived square footage of the living space.
Ideally situated with easy access to Highways 92 and 280, this home offers a convenient location for Peninsula and Silicon Valley commuters while remaining close to the College of San Mateo and local amenities.
The association fee of $740 per month is substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers.
With only two bedrooms, the property may see restricted demand from larger families or buyers requiring multiple dedicated home offices compared to other residential options in the same price bracket.
Open House: Sunday 6/7 from 2:00-4:00pm. Beautifully remodeled townhome in the highly sought-after Ticonderoga community, ideally located near Highlands Elementary, the College of San Mateo, and Highways 92 and 280. Renovated in 2018, this home features extensive upgrades, including a newer roof, oak hardwood floors, dual-pane windows, wood-paneled ceilings, fire sprinklers, an updated furnace and water heater, newer bedroom carpeting, fresh interior paint, and skylights that fill the home with natural light. The upper level offers an open-concept layout with soaring ceilings, creating a bright, loft-like feel that seamlessly connects the kitchen, dining, and living areas. The expansive living area provides plenty of room for large furnishings and includes a gas fireplace, an extra-wide wall ideal for a large TV or projection system, a half bathroom, and a private deck overlooking the trees and backyard - perfect for entertaining! The lower level includes two bedrooms, two full bathrooms, a laundry room, and direct backyard access from the master bedroom. There are two parking spaces - one enclosed garage space and one extra parking space. Community amenities include a pool, tennis court, and two pickleball courts, all surrounded by mature redwoods and lush landscaping.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 2.5 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,470 | 1,730 | 25% |
| Lot Size | - | 1,222 | 25% |
| Price | $1.12M | $1.47M | 25% |
| Price per sq ft | $765 | $849 | 25% |
| Built year | 1978 | 1978 | 50% |
| HOA | $740.0 | $395 | 75% |
| Days on market | 30 | 47 | 50% |
May 26, 2026
$1,125,000
$1,195,000
-6% Price Drop
Initial Listing
May 7, 2026
$1,195,000
Initial Listing