3809 Colegrove Street, San Mateo, California 94403, San Mateo, 94403 - 2 bed, 1 bath
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3809 Colegrove Street
San Mateo, California 94403
ACTIVE
CONDITION: GOOD
2Beds
1Baths
800Sq Ft
5,300Lot Size
Property Price
LIST PRICE$1,398,000
EST. MARKET VALUE
$1,445,190
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,398,000—positioned well below the $1,445,191 Fair Market Value by 3%. This valuation gap offers $47,191 in Instant Equity. Featuring a Condition Rating of 3, the home includes a 12-panel solar system, central A/C, and a fully converted detached garage with HVAC and a full bath. Located near top-rated schools like Carlmont High, this property is an ideal fit for Owner-Occupants or first-time buyers seeking a move-in ready, energy-efficient lifestyle.
Estimated Market Value
$1,445,190+$47,190 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 |
|---|---|---|---|---|---|---|
★ 3809 Colegrove Street Subject 2 bd · 1 ba · 800 sqft · $1,806 | $1,398,000* List Price | 2 | 1 | 800 | $1,806 | - |
A 3801 Orinda Drive Sold 2 bd · 1 ba · 1,000 sqft · $1,620 · 0.5 mi | $1,620,000 | 2 | 1 | 1,000 | $1,620 | 0.5 mi |
B 3920 Regan Drive Sold 2 bd · 1 ba · 860 sqft · $1,831 · 0.5 mi | $1,575,000 | 2 | 1 | 860 | $1,831 | 0.5 mi |
C 73 Poinsettia Avenue Sold 2 bd · 1 ba · 1,050 sqft · $1,438 · 0.4 mi | $1,510,000 | 2 | 1 | 1,050 | $1,438 | 0.4 mi |
D 3533 Pasadena Drive Sold 3 bd · 1 ba · 1,080 sqft · $1,583 · 0.7 mi | $1,710,000 | 3 | 1 | 1,080 | $1,583 | 0.7 mi |
E 3726 Branson Drive Active 2 bd · 1 ba · 920 sqft · $1,617 · 0.8 mi | $1,488,000 List Price | 2 | 1 | 920 | $1,617 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1943, the property has undergone significant modern upgrades including a 200-amp electrical panel, central A/C, solar system, and double-pane windows. The kitchen features newer appliances and porcelain tile, and the detached garage is fully converted with HVAC and a bathroom. The interior finishes and systems suggest a comprehensive renovation within the 5-15 year range, making it well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
- Versatile Bonus Space
The detached two-car garage has been fully upgraded with heating, air conditioning, and a full bathroom, providing a turnkey solution for a professional home office or guest studio.
- Exceptional Outdoor Living
The backyard is a standout feature, offering a gazebo for al fresco dining, a year-round built-in rotisserie grill, and low-maintenance artificial turf, perfect for entertaining.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At only 800 square feet, the main living area is quite compact, which may be a significant constraint for buyers seeking spacious indoor environments or room for growth.
- Single Bathroom Configuration
The main residence contains only one bathroom, which can be a drawback for families or when hosting guests, potentially impacting the home's daily functionality and market appeal.
About 3809 Colegrove Street
Pride of ownership! This truly unique home is exceptional for casual living and designed for entertainment. The backyard gazebo extends the living space for al fresco dining, complemented by a covered, year-round built-in rotisserie grill. The detached two-car garage has been upgraded with heating, air conditioning, and a full bathroom, making it a perfect home office or multipurpose space. Outside, the yard features solid fencing for privacy, artificial turf for low maintenance, custom rolling storage cabinets, additional built-in storage throughout, and a dedicated greenhouse area for growing vegetables. Additional key features include: - 12-panel solar system for energy efficiency - Updated front yard for maximum curb appeal - Central A/C and double-pane windows - New appliances and porcelain tile kitchen flooring - Upgraded 200-amp electrical panel - Skylight and Jacuzzi The location is ideally situated close to shopping, schools, restaurants, and major freeways. A full feature list will be available to pick up during the open house
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1943
- Lot Size
- 5,300 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Mateo Unified Schools
Laurel Elementary School
Grades K-5 • 0.5 mi
4/10
Cipriani Elementary School
Grades K-5 • 1.3 mi
8/10
Fox Elementary School
Grades K-5 • 2.2 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.1 |
| Baths | 1.0 | 2.0 |
| Square foot | 800 | 1,743.298 |
| Lot Size | 5,300 | 6,079.649 |
| Price | $1.40M | $2.26M |
| Price per sq ft | $1.7K | $1.4K |
| Built year | 1943 | 1952 |
| HOA | $0 | $387 |
| Days on market | 3 | 33 |
Pricing History
Listed for Sale
Oct 21, 2026
$1,398,000
Initial Listing
Sold
Jun 8, 2004
$600,000
Public Record