400 El Camino Real 107, Belmont, California 94002, Belmont, 94002 - 3 bed, 3 bath

400 El Camino Real 107, Belmont, California 94002 home-pic-0
ACTIVE$1,590,000
400 El Camino Real 107, Belmont, California 94002
3Beds
3Baths
1,770Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premier Location & Accessibility: Unbeatable location nestled between Downtown San Mateo and San Carlos, offering immediate access to Caltrain for easy Bay Area commutes, and within walking distance to Davey Glen Park, local shops, and top-rated Belmont Schools.
Top Cons:
Recent Price Reduction: The property has undergone a $100,000 price reduction from its original list price, which could indicate initial overpricing or a longer market time, potentially impacting perceived value.

Compared to the nearby listings

Price:$1.59M vs avg $770.0K (+$820,000)90%
Size:1,770 sqft vs avg 969.5 sqft90%
Price/sqft:$898 vs avg $74170%

More Insights

Built in 2019 (6 years old).
Condition: This property was built in 2019, making it only 5 years old, which falls well within the 'Excellent' category's 'built within 10 years' criterion. The description highlights 'luxury living,' 'designer finishes,' and 'luxury fixtures.' Images confirm a modern aesthetic with wide plank hardwood flooring, a spacious kitchen featuring stainless steel appliances, quartz countertops, and contemporary cabinetry. Bathrooms are equally updated with glass-enclosed showers, subway tile, and modern vanities. All components appear new or virtually new, with no signs of wear, tear, or deferred maintenance, indicating top-tier quality and move-in readiness.
Year Built
2019
Close
-
List price
$1.59M
Original List price
$1.69M
Price/Sqft
$898
HOA
$558
Days on market
-
Sold On
-
MLS number
ML81999974
Home ConditionExcellent
Features
Patio
View-

About this home

Unique 3-bedroom, 3-bath condo offers luxury living in an unbeatable location, nestled between Downtown San Mateo and San Carlos. Enjoy the convenience of being just steps away from Caltrain, making your Bay Area commute a breeze. Within walking distance to Davey Glen Park and local shops, this home combines comfort with prime access to amenities and top-rated Belmont Schools! The smart layout of this home includes two separate entrances, making it perfect for those looking to run a home-based business while keeping their work space separate from their private living area. The open and airy floor plan features wide plank hardwood flooring throughout, a spacious kitchen with a large island/breakfast bar, quartz countertops, stainless steel appliances, designer finishes, and luxury fixtures. Additional highlights include: 2 large, secure parking spaces. Full-size washer and dryer in-unit. Central AC and heating. separate storage room. Private master suite with a walk-in closet, balcony, and en-suite bathroom. Enjoy resort-style amenities with a welcoming lobby, state-of-the-art fitness center, outdoor patio with BBQ area, and secured subterranean bike storage. This condo offers the perfect blend of convenience, luxury, and functionality. Don't miss your chance to make it your home!

Condition Rating
Excellent

This property was built in 2019, making it only 5 years old, which falls well within the 'Excellent' category's 'built within 10 years' criterion. The description highlights 'luxury living,' 'designer finishes,' and 'luxury fixtures.' Images confirm a modern aesthetic with wide plank hardwood flooring, a spacious kitchen featuring stainless steel appliances, quartz countertops, and contemporary cabinetry. Bathrooms are equally updated with glass-enclosed showers, subway tile, and modern vanities. All components appear new or virtually new, with no signs of wear, tear, or deferred maintenance, indicating top-tier quality and move-in readiness.
Pros & Cons

Pros

Premier Location & Accessibility: Unbeatable location nestled between Downtown San Mateo and San Carlos, offering immediate access to Caltrain for easy Bay Area commutes, and within walking distance to Davey Glen Park, local shops, and top-rated Belmont Schools.
Modern Construction & Luxury Finishes: Built in 2019, this condo boasts a contemporary design with wide plank hardwood flooring, a spacious kitchen featuring a large island/breakfast bar, quartz countertops, stainless steel appliances, and designer finishes throughout.
Versatile Layout with Dual Entrances: The unique smart layout includes two separate entrances, providing an ideal setup for those seeking to run a home-based business or desiring distinct private and professional living spaces.
Extensive Resort-Style Amenities: Residents enjoy access to a welcoming lobby, a state-of-the-art fitness center, an outdoor patio with a BBQ area, and secured subterranean bike storage, enhancing the luxury living experience.
Desirable In-Unit Features & Parking: The unit includes central AC and heating, a full-size in-unit washer and dryer, a separate storage room, a private master suite with a walk-in closet and balcony, plus two large, secure parking spaces.

Cons

Recent Price Reduction: The property has undergone a $100,000 price reduction from its original list price, which could indicate initial overpricing or a longer market time, potentially impacting perceived value.
High Monthly Association Fees: The $558 monthly association fee is a significant recurring cost that buyers must factor into their budget, which might limit the pool of potential interested buyers.
Limited Private Outdoor Space: As a condominium, private outdoor space is limited to a master suite balcony, which may not appeal to buyers seeking larger yards or extensive personal outdoor areas.

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