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320 Peninsula Avenue 409, San Mateo, California 94401, San Mateo, 94401 - 2 bed, 2 bath

320 Peninsula Avenue 409, San Mateo, California 94401 home-pic-0
ACTIVE$719,000$930/sqft
320 Peninsula Avenue 409, San Mateo, California 94401
2Beds
2Baths
930Sqft
50,207Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location & Connectivity: Strategically located on the Burlingame/San Mateo border, providing immediate access to vibrant downtown Burlingame, Caltrain, major freeways, and leading employers.
Top Cons:
Substantial Monthly HOA Dues: The $681 monthly association fee is relatively high, which could be a significant ongoing expense for potential buyers.

Compared to the nearby listings

Price:$719.0K vs avg $510.0K (+$209,000)78%
Size:930 sqft vs avg 995 sqft39%
Price/sqft:$773 vs avg $61974%

More Insights

Built in 1987 (39 years old).
Condition: This property is move-in ready with a beautifully remodeled kitchen featuring modern stainless steel appliances, granite countertops, and stylish two-tone cabinetry. The interior benefits from fresh paint and updated light fixtures throughout, creating a bright and contemporary feel. While the building was constructed in 1987, the significant updates, particularly in the kitchen, and the well-maintained condition of the bathrooms (though their tile style might be slightly older) place it firmly in the 'Good' category. No immediate renovations are required, and the property shows minimal wear and tear.
Year Built
1987
Close
-
List price
$719K
Original List price
$719K
Price/Sqft
$773
HOA
$681
Days on market
-
Sold On
-
MLS number
ML82030696
Home ConditionGood
Features
Deck
View-

About this home

Conveniently located near vibrant downtown Burlingame, this stunning and light-filled top-floor 2 bedroom, 2 bath residence at Peninsula Plaza is quietly set at the rear of the building offering added privacy. The spacious living and dining area is highlighted by a cozy wood-burning fireplace and a flexible alcove perfect for a home office or a reading nook. The beautifully remodeled kitchen features abundant cabinetry, granite countertops, a breakfast bar and stainless steel appliances. The primary suite boasts a generous walk-in closet, private balcony and en-suite bathroom while the secondary bedroom enjoys direct access to the hall/guest bath. Fresh interior paint and updated light fixtures enhance the home. One deeded, secure underground parking space is included. Peninsula Plaza is a professionally managed, gated community offering an impressive array of amenities including elevators, clubhouse, fitness center, expansive laundry facilities, EV charging, Amazon Locker, visitor parking and a lushly landscaped courtyard. Ideally positioned on the Burlingame/San Mateo border, this central location provides effortless access to Caltrain, major freeways, leading employers and the dining and shopping along Burlingame Avenue delivering a dynamic yet comfortable lifestyle.

S
Sanit Bordeianu
Listing Agent

Nearby schools

4/10
San Mateo Park Elementary School
Public,•K-5•0.6mi
6/10
Baywood Elementary School
Public,•K-5•1.7mi
2/10
Horrall Elementary School
Public,•K-5•2.0mi
5/10
Meadow Heights Elementary School
Public,•K-5•2.9mi
5/10
Beresford Elementary School
Public,•K-5•3.1mi
4/10
Laurel Elementary School
Public,•K-5•3.7mi
6/10
Borel Middle School
Public,•6-8•2.0mi
7/10
Bayside S.T.E.M. Academy
Public,•6-8•2.5mi
4/10
Abbott Middle School
Public,•6-8•3.7mi
7/10
San Mateo High School
Public,•9-12•0.4mi

Price History

Date
Event
Price
03/18/19
Sold
$730,000
03/03/17
Sold
$390,000
03/27/02
Sold
$320,000
Condition Rating
Good
This property is move-in ready with a beautifully remodeled kitchen featuring modern stainless steel appliances, granite countertops, and stylish two-tone cabinetry. The interior benefits from fresh paint and updated light fixtures throughout, creating a bright and contemporary feel. While the building was constructed in 1987, the significant updates, particularly in the kitchen, and the well-maintained condition of the bathrooms (though their tile style might be slightly older) place it firmly in the 'Good' category. No immediate renovations are required, and the property shows minimal wear and tear.
Pros & Cons

Pros

Exceptional Location & Connectivity: Strategically located on the Burlingame/San Mateo border, providing immediate access to vibrant downtown Burlingame, Caltrain, major freeways, and leading employers.
Comprehensive Community Amenities: Peninsula Plaza offers a robust suite of amenities including a gated entrance, professional management, elevators, clubhouse, fitness center, EV charging, and visitor parking.
Modernized Interior & Features: The residence boasts a beautifully remodeled kitchen with granite countertops and stainless steel appliances, fresh paint, updated light fixtures, and a cozy wood-burning fireplace.
Private Top-Floor Residence: A light-filled, top-floor unit quietly situated at the rear of the building, ensuring enhanced privacy and featuring a primary suite with a walk-in closet and private balcony.
Functional Layout & Dedicated Parking: Offers a flexible alcove ideal for a home office or reading nook, complemented by a valuable deeded, secure underground parking space.

Cons

Substantial Monthly HOA Dues: The $681 monthly association fee is relatively high, which could be a significant ongoing expense for potential buyers.
Compact Living Space: With 930 square feet for a 2-bedroom, 2-bathroom unit, the overall living area may be perceived as modest by some buyers.
Absence of Central Air Conditioning: No mention of a cooling system, which could be a comfort concern during warmer periods, particularly for a top-floor unit.
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