2514 S Norfolk Street, San Mateo, California 94403, San Mateo, 94403 - 4 bed, 2 bath
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2514 S Norfolk Street
San Mateo, California 94403
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
2Baths
1,516Sq Ft
5,000Lot Size
Property Price
LIST PRICE$1,550,000
EST. MARKET VALUE
$1,653,145
6% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,550,000—positioned well below the $1,653,146 Fair Market Value by 6%. This valuation gap offers $103,146 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts a high-end chef's kitchen, marble baths with heated floors, and a private deck. Located in the desirable Lakeshore neighborhood, this property is an ideal fit for Owner-Occupants or first-time buyers seeking a sophisticated, move-in ready lifestyle.
Estimated Market Value
$1,653,145+$103,145 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2514 S Norfolk Street Subject 4 bd · 2 ba · 1,516 sqft · $1,090 | $1,550,000* List Price | 4 | 2 | 1,516 | $1,090 | - |
A 2608 S Norfolk Street Sold 3 bd · 2 ba · 1,440 sqft · $1,194 · 0.0 mi | $1,720,000 | 3 | 2 | 1,440 | $1,194 | 0.0 mi |
B 2247 Salisbury Way Sold 3 bd · 2 ba · 1,330 sqft · $1,271 · 0.3 mi | $1,690,000 | 3 | 2 | 1,330 | $1,271 | 0.3 mi |
C 1667 Fillmore Avenue Sold 3 bd · 2 ba · 1,350 sqft · $1,222 · 0.9 mi | $1,650,000 | 3 | 2 | 1,350 | $1,222 | 0.9 mi |
D 1605 Roberta Drive Sold 5 bd · 3 ba · 1,150 sqft · $1,257 · 0.8 mi | $1,445,000 | 5 | 3 | 1,150 | $1,257 | 0.8 mi |
E 213 Estrella Way Active 3 bd · 2 ba · 1,352 sqft · $1,276 · 0.8 mi | $1,725,000 List Price | 3 | 2 | 1,352 | $1,276 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a comprehensive, high-end renovation likely completed within the last 5 years. Key upgrades include a modern chef's kitchen with quartz counters and shaker cabinets, marble bathrooms with heated floors, and updated systems such as fire sprinklers, an EV charger, and a newer sewer lateral.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Modern Upgrades
The home features high-end finishes including a chef's kitchen with quartz counters, marble bathrooms with heated floors, and Brazilian cherry flooring, offering a turnkey luxury experience.
- Exceptional Natural Light
With seven strategically placed skylights in deep wells, the interior is flooded with natural light, creating an airy and bright atmosphere rarely found in homes of this era.
- Prime Commuter Location
Situated in the desirable Lakeshore neighborhood, the property offers immediate access to Highways 101 and 92, as well as proximity to Lakeshore Park and the Marina Lagoon.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1516, other record living area = 1430. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Compact Bedroom Layout
At 1,516 square feet for a four-bedroom configuration, individual room sizes may feel constrained, potentially limiting furniture layout options for larger families.
- Modest Lot Size
The 5,000 square foot lot is relatively standard for the area, which may limit outdoor expansion possibilities or provide less privacy compared to larger suburban parcels.
About 2514 S Norfolk Street
Welcome home! Behind a classic white picket fence in the Lakeshore neighborhood, this highly upgraded 4 bed, 2 bath home is filled with light from 7 skylights set in deep skylight wells. The open-concept kitchen and living room centers on a large island with seating for five, a gas range with double ovens, and a stainless island hood. White quartz counters, white shaker cabinetry, a farmhouse sink, blue glass backsplash, wine fridge, and stainless appliances complete the chef's kitchen. Wide-plank luxury vinyl flooring flows through the main living areas. The living room features a floor-to-ceiling travertine fireplace, recessed lighting, and a slider to the deck. Brazilian cherry floors in all four bedrooms, each with a ceiling fan. The primary suite offers deck access, a skylight, walk-in closet, and a marble bath with raised jetted tub, glass shower, and double sink. The hall bath boasts a walk-in marble shower with two shower areas and body sprays. Both baths have heated floors and skylights. Out back, a large deck with outdoor TV and artificial turf. Fire sprinklers, EV charger, epoxy garage floor, newer sewer lateral, and new fences. Steps to Lakeshore Park and the Marina Lagoon, near 101 and 92!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.1 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,516 | 1,743.298 |
| Lot Size | 5,000 | 6,079.649 |
| Price | $1.55M | $2.26M |
| Price per sq ft | $1.0K | $1.4K |
| Built year | 1958 | 1952 |
| HOA | $0 | $387 |
| Days on market | 16 | 33 |
Pricing History
Listed for Sale
Oct 8, 2026
$1,550,000
Initial Listing
Sold
Sep 26, 2017
$1,100,000
Public Record
Sold
Feb 11, 2009
$648,000
Public Record
Sold
Jun 2, 2004
$740,000
Public Record
Sold
May 3, 2002
$397,000
Public Record