412 Fathom Drive, San Mateo, California 94404, San Mateo, 94404 - 2 bed, 2 bath
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San Mateo, California 94404
This Waterfront Townhouse Sanctuary is listed at $1,270,000, positioned relative to a $1,058,897 Fair Market Value to account for its rare lagoon-frontage and private maritime access. Boasting a Good Condition Rating, the home features a renovated primary suite and new plumbing, ensuring a move-in-ready experience. The property offers a premier lifestyle with a private dock, wide-water views, and resort amenities including pickleball and a sauna. Located near the top-rated Aragon High School, it balances recreation with educational access. This is an exceptional choice for water sports enthusiasts or Owner-Occupants seeking a unique peninsula lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 412 Fathom Drive Subject | $1,270,000* List Price | 2 | 2 | 1,040 | $1,018 | - |
A 2241 Armada Way Sold | $1,175,000 | 2 | 3 | 1,223 | $961 | 0.4 mi |
B 2271 Armada Way Sold | $1,180,000 | 2 | 3 | 1,223 | $965 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with significant recent upgrades, including a fully renovated modern primary bathroom and all-new plumbing. While the 1968 construction is still evident in the popcorn ceilings and older-style kitchen cabinetry, the home features updated wood-look flooring, stone countertops, and newer appliances, placing it firmly in the 'good' category.
The property offers a rare lifestyle opportunity with direct access to Mariners Lagoon, featuring a private dock and boat launch for kayaking, paddleboarding, and water skiing.
The home has been thoughtfully updated with a new primary suite bathroom and entirely new plumbing, providing modern reliability and reducing immediate capital expenditure for the buyer.
Residents have access to premium HOA amenities including swimming pools, pickleball courts, a fitness center with a sauna, and dedicated boat storage, enhancing the overall value proposition.
With only 1,040 square feet of interior space, the home is relatively small for its price point, which may be a constraint for buyers requiring more spacious living areas.
The assigned elementary school has a low rating of 2/10, which could potentially impact the property's appeal to families with young children and affect long-term appreciation.
Wide-water views and direct access to Mariners Lagoon set the stage for a lifestyle rarely found on the Peninsula. This waterfront attached single-family home offers a front-row experience to water skiing, kayaking, and paddleboarding, right from your own private dock. The single-level design is bright and inviting looking out to the water from almost every room and connecting to a large deck with stairs down to boat launch. Beautifully maintained and ready to enjoy, this home has a new primary suite bath, all new plumbing, and more. Plus, this well-appointed community has resort-style amenities that include pools, pickleball, a fitness center with sauna, and boat storage area. One of the Peninsulas best-kept secrets, this home offers everyday ease just minutes from shopping, dining, and the Bay Trail.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 39% |
| Baths | 2.0 | 3.0 | 13% |
| Square foot | 1,040 | 1,546 | 3% |
| Lot Size | - | - | 50% |
| Price | $1.27M | $1.39M | 32% |
| Price per sq ft | $1.2K | $904 | 97% |
| Built year | 1968 | 1975 | 3% |
| HOA | $195.0 | $530 | 3% |
| Days on market | 27 | 98 | 3% |
Mar 26, 2026
$1,270,000
Initial Listing
Nov 12, 2020
$450,000
Public Record
Sep 6, 1996
$245,000
Public Record