3203 Admiralty Lane, Foster City, California 94404, Foster City, 94404 - 2 bed, 2 bath
Loading property details...
Foster City, California 94404
This Waterfront Condominium is a Strong Value Opportunity, listed at $520,000—positioned well below the $556,695 Fair Market Value by 6%. This valuation gap offers $36,695 in Instant Equity for buyers. While maintaining a Fair Condition Rating with some dated interior elements, the home features a private deck and serene lagoon views. Located near top-rated schools like Brewer Island Elementary, it balances a prime Silicon Valley commute with tranquil coastal living. This is an ideal opportunity for Owner-Occupants or first-time buyers seeking a value-add property in a premium location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3203 Admiralty Lane Subject | $520,000* List Price | 2 | 2 | 998 | $558 | - |
A 1102 Admiralty Ln Sold | $420,000 | 1 | 1 | 752 | $559 | 0.1 mi |
B 1131 Compass Ln 108 Sold | $587,500 | 1 | 1 | 990 | $593 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1965, is in move-in condition but shows significant signs of being outdated despite some surface-level updates. While the description claims a modern kitchen with sleek cabinetry and quartz, the provided images show older oak-style cabinets, laminate-style countertops, and a mix of older white appliances and one stainless dishwasher. The flooring in the kitchen and living areas is dated in style, and the overall aesthetic reflects a renovation likely performed 15-25 years ago, fitting the 'Fair' criteria.
The property boasts a prime lagoon-front location with a private deck and expansive windows, offering serene water views from both the main living areas and the primary suite.
This move-in ready home features a thoughtfully redesigned kitchen with quartz countertops and stainless steel appliances, complemented by updated bathrooms and a contemporary open floor plan.
Ideally situated with easy access to Highway 92 and US-101, the home provides a convenient commute to Silicon Valley tech hubs and is within walking distance of top-rated schools and parks.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =490, other record lot size in square feet = 432988.
The monthly association fee of $894 is notably high for a two-bedroom unit, which significantly increases the total monthly carrying cost for the homeowner.
Constructed in 1965, the property may have aging infrastructure or common area elements that require ongoing maintenance despite the modern interior renovations.
Welcome to 3203 Admiralty Lane, a beautifully updated waterfront home in the heart of Foster City, offering the perfect blend of modern comfort and serene lagoon living. This light-filled residence features an open and airy floor plan with expansive windows that capture stunning water views and invite natural light throughout. The spacious living area flows seamlessly to a private outdoor deck ideal for relaxing or entertaining while enjoying tranquil waterfront scenery. The updated kitchen is thoughtfully designed with sleek cabinetry, quartz countertops, and stainless steel appliances, creating both style and functionality for everyday living. Upstairs, well-appointed bedrooms provide comfort and privacy, including a generous primary suite with peaceful water views. Additional features include updated bathrooms, and ample storage. Located in one of Foster City's most desirable communities, this home offers access to scenic walking paths, parks, and nearby lagoons. Enjoy close proximity to top-rated schools, shopping, dining, and major employers, with easy access to Highway 92, US-101, and Silicon Valley tech hubs. Experience the best of waterfront living in this move-in ready home where comfort, convenience, and coastal charm come together.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 998 | 1,218 | 25% |
| Lot Size | 490 | - | 75% |
| Price | $520.0K | $844.5K | 9% |
| Price per sq ft | $521 | $713 | 6% |
| Built year | 1965 | 1978 | 6% |
| HOA | $894.0 | $788 | 84% |
| Days on market | 16 | 176 | 3% |
Apr 6, 2026
$520,000
Initial Listing
Nov 16, 2012
$380,000
Public Record