240 N Bayshore Blvd 303, San Mateo, California 94401, San Mateo, 94401 - 1 bed, 1 bath
240 N Bayshore Blvd 303
San Mateo, California 94401
Property Price
SUMMARY
Analysis of 240 N Bayshore Blvd 303, San Mateo, California 94401 is currently available with a list price of $450,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1982, this property is explicitly described as needing an 'extensive remodel.' The images confirm this, showcasing a severely dated kitchen with original-era cabinets, laminate countertops, and very old appliances (stove, microwave, dishwasher). The bathroom is equally outdated with a basic tub/shower combo and worn flooring. Throughout the unit, there is old, worn carpet and dated light fixtures. While the structure appears sound, the interior condition requires substantial rehabilitation to meet modern living standards, making it uncomfortable in its current state.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Excellent access to major highways (101 & 92), San Francisco International Airport, and minutes from vibrant downtown San Mateo, enhancing convenience and commute.
- Comprehensive Amenities
The Villa Nova community offers a gym, spa, social room, BBQ area, and a peaceful courtyard, providing a resort-like living experience for residents.
- Exclusive Parking & Storage
Includes one deeded parking space and a private storage room, both conveniently accessible by elevator, adding significant practical value and convenience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43560, other record lot size in square feet = 63584.
- Extensive Remodel Required
The unit explicitly 'needs a remodel to make it shine again,' indicating a substantial additional investment and effort required from the buyer.
- High Monthly Association Fees
A monthly association fee of $595 is considerable and will significantly impact the overall affordability and ongoing carrying costs for the owner.
About 240 N Bayshore Blvd 303
Great value in the desirable Villa Nova community! This spacious 1 bed, 1 bath condo on the third floor offers excellent potential—just needs a remodel to make it shine again. The unit includes one deeded parking space and a private storage room, both conveniently accessible by elevator. Residents enjoy a range of amenities including a gym, spa, social room, BBQ area, and a peaceful courtyard for relaxation and entertainment. Ideally located with easy access to Highways 101 and 92, San Francisco International Airport, Poplar Creek Golf Course, Coyote Point Recreation Area, Seal Point Park, and Mariners Point Golf Center. Just minutes from vibrant downtown San Mateo, offering a variety of shops and restaurants. A great environment and welcoming neighborhood make this a fantastic opportunity to own and live in Villa Nova
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 43,560 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $595.0 / Month
Neighborhood Insights
San Mateo Unified Schools
Horrall Elementary School
Grades K-5 • 1.1 mi
Bayside S.T.E.M. Academy
Grades 6-8 • 1.6 mi
San Mateo High School
Grades 9-12 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 41% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 725 | 1,047.5 | 17% |
| Lot Size | 43,560 | - | 96% |
| Price | $450.0K | $510.0K | 43% |
| Price per sq ft | $621 | $600 | 54% |
| Built year | 1982 | 1988 | 39% |
| HOA | $595.0 | $909 | 13% |
| Days on market | 77 | 214 | 13% |
Pricing History
Listed for Sale
Mar 2, 2026
$450,000
$499,000
-10% Price Drop
Initial Listing
Price Change
Dec 20, 2025
$499,000
Initial Listing
Sold
Aug 4, 1999
$163,000
Public Record