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$725/sqft
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:
Strategic Location: Excellent access to major highways (101 & 92), San Francisco International Airport, and minutes from vibrant downtown San Mateo, enhancing convenience and commute.
Top Cons:
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.

Compared to the nearby listings

Price:$499.0K vs avg $500.0K ($-1,000)48%
Size:725 sqft vs avg 995 sqft17%
Price/sqft:$688 vs avg $61957%

More Insights

Built in 1982 (44 years old).
Condition: 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 The bathroom is equally outdated with a basic tub/shower combo and worn flooring.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.
Year Built
1982
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$688
HOA
$595
Days on market
-
Sold On
-
MLS number
41119502
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

Z
Zheng He
Listing Agent

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

Price History

Date
Event
Price
08/04/99
Sold
$163,000
Condition Rating
Poor

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.
Pros & Cons

Pros

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.
Value-Add Opportunity: Presents a strong opportunity for a buyer to customize and modernize the unit, allowing for personalization and potential appreciation in market value.
Recreational Proximity: Close proximity to Poplar Creek Golf Course, Coyote Point Recreation Area, Seal Point Park, and Mariners Point Golf Center, appealing to active lifestyles.

Cons

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.
Building Age: Constructed in 1982, the building is over 40 years old, which may imply potential for dated infrastructure or higher maintenance costs in common areas over time.
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