3103 Mena Drive, San Mateo, California 94403, San Mateo, 94403 - 4 bed, 5 bath
3103 Mena Drive
San Mateo, California 94403
Property Price
SUMMARY
Analysis of 3103 Mena Drive, San Mateo, California 94403 reveals a Fairly Priced Property with a current list price of $2,999,900 aligned with the estimated $3,040,127 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2018, this modern residence is well within the 10-year threshold for an excellent rating. The property features a state-of-the-art kitchen with a large pantry, high-end contemporary bathrooms including a luxurious primary suite with a soaking tub and expansive shower, and modern recessed lighting and flooring throughout. The home meets current quality standards with no deferred maintenance and reflects a high-end, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Flexible Layout
Built in 2018, this residence features a highly versatile floor plan including a main-level bedroom suite and a standout top-floor flexible room with a sun-filled patio, perfect for a home office or guest suite.
- Rare Private Yard
As one of only 24 homes in this sought-after enclave featuring a private yard, the property offers a unique indoor-outdoor living experience that is rarely available in the high-density Bay Meadows community.
- Prime Connectivity
The home is exceptionally located within walking distance to Caltrain, parks, and dining, while offering easy access to major commute routes and the top-rated George Hall Elementary School.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2467, living area = 2884.
- Compact Lot Size
With a lot size of just 2,467 square feet for a nearly 3,000 square foot home, the property has a high building-to-land ratio, resulting in limited outdoor space compared to traditional suburban estates.
- Monthly Association Fees
The property is subject to a $367 monthly association fee, which represents an ongoing carrying cost that may be a drawback for buyers seeking a traditional single-family home without communal oversight.
About 3103 Mena Drive
Rarely available Victory Homes residence in the heart of Bay Meadows, one of only 24 homes in this sought-after enclave with a private yard. Designed for effortless modern living, this 4-bedroom, 4.5-bath home offers 2,885± square feet (plus additional room and bath) and a highly flexible floor plan. The main level features an open-concept layout with a state-of-the-art kitchen with large pantry that flows seamlessly into the living and dining areas and opens directly to the yardideal for indoor/outdoor living. A full bedroom suite on this level adds convenience and versatility. Additional coat closet and half bath ideal for convenience and entertaining. Upstairs, the second floor includes a luxurious primary suite, a spacious family room, and two additional bedrooms that share a well-appointed bath. The primary suite enjoys expansive windows, walk in closet and en-suite bath with dual sink vanity, water room with expansive shower and soaking tub and water closet. The top floor is a true standout: a flexible room with full bath opening to a large, sun-filled patioperfect for a home gym, office, entertaining lounge, or private guest suite. Exceptional location near parks, dining, Caltrain, and major commute routes. Feed to top rated George Hall Elementary.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2018
- Lot Size
- 2,467 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $367.0 / Month
Neighborhood Insights
San Mateo Unified Schools
George Hall Elementary School
Grades K-5 • 0.3 mi
Abbott Middle School
Grades 6-8 • 1.0 mi
Hillsdale High School
Grades 9-12 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 5.0 | 2.0 | 98% |
| Square foot | 2,884 | 1,660 | 95% |
| Lot Size | 2,467 | 5,905.5 | 2% |
| Price | $3.00M | $2.15M | 90% |
| Price per sq ft | $1.0K | $1.2K | 18% |
| Built year | 2018 | 1954 | 98% |
| HOA | $367.0 | $0 | 92% |
| Days on market | 16 | 163 | 2% |
Pricing History
Listed for Sale
Feb 19, 2026
$2,999,900
Initial Listing
Sold
Jun 12, 2019
$2,725,000
Public Record