350 Ludeman Lane, Millbrae, California 94030, Millbrae, 94030 - 3 bed, 2 bath
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Millbrae, California 94030
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,698,000—positioned well below the $1,816,389 Fair Market Value by 6%. This valuation gap offers $118,389 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes refinished hardwood floors, a spacious primary suite, and a private backyard with a patio. Located near top-rated schools and Green Hills Park, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 350 Ludeman Lane Subject | $1,698,000* List Price | 3 | 2 | 1,660 | $1,094 | - |
A 408 Cypress Avenue Sold | $1,860,000 | 3 | 2 | 1,425 | $1,305 | 0.6 mi |
B 528 Santa Teresa Way Sold | $1,830,000 | 3 | 2 | 1,490 | $1,228 | 0.5 mi |
C 1115 Spruce Street Sold | $1,785,000 | 4 | 3 | 2,030 | $879 | 0.5 mi |
D 1115 Spruce Street Pending | $1,499,000 List Price | 4 | 2 | 1,646 | $911 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1957, the home is well-maintained and move-in ready with recent cosmetic updates including refinished hardwood floors and fresh interior paint. The kitchen and bathrooms appear functional and updated within the 10-20 year range, meeting the criteria for a well-maintained, move-in ready property.
The home features refinished hardwood floors and fresh interior paint, offering a move-in-ready experience that appeals to buyers looking for immediate comfort without the need for immediate renovations.
Ideally situated near Green Hills Park and top-rated schools, the property provides excellent access to downtown amenities and a strong sense of community in a highly desirable neighborhood.
The residence includes a notably large primary suite with dual closets and a private ensuite bath, a rare and highly sought-after feature for homes built in the late 1950s.
Built in 1957, the property may eventually require updates to original systems such as plumbing, electrical, or insulation to meet modern energy efficiency and performance standards.
The corner lot positioning, while providing extra light and a sense of space, may result in increased street traffic visibility and less backyard seclusion compared to a standard interior lot.
Refreshed and full of warmth, this classic Millbrae home offers the perfect blend of comfort, style, and location. Refinished hardwood floors and a freshly painted interior set a bright, welcoming tone throughout. The spacious living room is bathed in filtered natural light from large windows overlooking the backyard and flows naturally into the dining space--ideal for everyday living and easy entertaining. The sunny kitchen features casual dining space and looks out to the yard, making even weekday mornings feel relaxed. Three generously sized bedrooms include a notably large primary suite with two closets and a private ensuite bath. A roomy hall bath serves the additional bedrooms. Step outside to a backyard designed for privacy--mature topiaries, a covered patio, and a corner lot setting create a peaceful outdoor retreat you'll enjoy year-round. A family room adds flexible living space for movie nights, a home office, or a playroom, whatever your lifestyle calls for. Located just moments from Green Hills Park, top-rated schools, and the shops and restaurants of downtown Millbrae, this home checks every box for convenience and community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,660 | 1,760 | 37% |
| Lot Size | 6,011 | 6,541 | 44% |
| Price | $1.70M | $2.20M | 11% |
| Price per sq ft | $1.0K | $1.3K | 22% |
| Built year | 1957 | 1953 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 117 | 4% |
May 29, 2026
$1,698,000
Initial Listing