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 home-pic-0
ACTIVE$499,000
240 N Bayshore Blvd 303, San Mateo, California 94401
1Bed
1Bath
725Sqft
43,560Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Community Amenities: Residents benefit from a wide array of amenities including a gym, spa, social room, BBQ area, and a peaceful courtyard, enhancing the living experience.
Top Cons:
Requires Significant Remodel: The property explicitly states it 'just needs a remodel to make it shine again,' indicating a substantial investment of time and capital for updates.

Compared to the nearby listings

Price:$499.0K vs avg $500.0K ($-1,000)47%
Size:725 sqft vs avg 990 sqft20%
Price/sqft:$688 vs avg $65555%

More Insights

Built in 1982 (43 years old).
Condition: Built in 1982, this condo is 42 years old and shows significant signs of age and deferred maintenance. The MLS description explicitly states it 'just needs a remodel to make it shine again,' which is evident in the images. The kitchen features severely outdated wood cabinets, worn laminate countertops, and appliances (stove, microwave, dishwasher) that appear to be original or from a very early renovation (30-40+ years old). The bathroom has a dated tub/shower unit and old linoleum flooring. The living areas have old, worn carpet. All major interior components are functionally obsolete and require substantial renovation and rehabilitation to meet modern standards and comfort, aligning with the 'Poor' condition criteria.
Year Built
1982
Close
-
List price
$499K
Original List price
$510K
Price/Sqft
$688
HOA
$500
Days on market
-
Sold On
-
MLS number
41101631
Home ConditionPoor
Features
Spa
View-

About this home

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

Nearby schools

2/10
Horrall Elementary School
Public,K-51.1mi
7/10
Bayside S.T.E.M. Academy
Public,6-81.6mi
7/10
San Mateo High School
Public,9-120.6mi
Condition Rating
Poor

Built in 1982, this condo is 42 years old and shows significant signs of age and deferred maintenance. The MLS description explicitly states it 'just needs a remodel to make it shine again,' which is evident in the images. The kitchen features severely outdated wood cabinets, worn laminate countertops, and appliances (stove, microwave, dishwasher) that appear to be original or from a very early renovation (30-40+ years old). The bathroom has a dated tub/shower unit and old linoleum flooring. The living areas have old, worn carpet. All major interior components are functionally obsolete and require substantial renovation and rehabilitation to meet modern standards and comfort, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Extensive Community Amenities: Residents benefit from a wide array of amenities including a gym, spa, social room, BBQ area, and a peaceful courtyard, enhancing the living experience.
Prime Location & Accessibility: Ideally situated with easy access to Highways 101 and 92, SFO, various recreational areas, and minutes from vibrant downtown San Mateo's shops and restaurants.
Valuable Inclusions: The unit comes with a deeded parking space and a private storage room, both conveniently accessible by elevator, adding significant practical value.
Desirable Community Environment: Located within the highly sought-after Villa Nova community, known for its great environment and welcoming neighborhood.
Renovation Potential & Value: Offers excellent potential for a buyer to remodel and customize, allowing for increased future value and a personalized living space.

Cons

Requires Significant Remodel: The property explicitly states it 'just needs a remodel to make it shine again,' indicating a substantial investment of time and capital for updates.
Original Condition/Age: Built in 1982, the unit is likely in its original condition, which necessitates the aforementioned remodel and may imply older systems or finishes.
Compact Layout: As a 1 bed, 1 bath unit at 725 sqft, its compact size and configuration may limit its appeal to a broader range of buyers seeking more spacious living arrangements.

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