425 Anchor Road 209, San Mateo, California 94404, San Mateo, 94404 - 2 bed, 1 bath
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San Mateo, California 94404
This Move-In Ready Waterfront Condo is a Strong Value Opportunity, listed at $748,000—positioned well below the $763,081 Fair Market Value by 2%. This valuation gap offers $15,081 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit boasts modern kitchen upgrades and scenic waterfront views. Located near the Bay Trail and Aragon High School, this property offers a serene coastal lifestyle. It is an ideal acquisition for first-time buyers or Owner-Occupants seeking a turnkey, lifestyle-focused residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 425 Anchor Road 209 Subject | $748,000* List Price | 2 | 1 | 950 | $803 | - |
A 1644 Vista Del Sol Sold | $615,000 | 1 | 1 | 765 | $804 | 1.0 mi |
B 1720 Vista Del Sol Sold | $875,000 | 2 | 2 | 1,070 | $818 | 1.0 mi |
C 626 Mariners Island Boulevard 206 Sold | $575,000 | 1 | 1 | 700 | $821 | 0.4 mi |
D 651 Port Drive 208 Active | $889,000 List Price | 3 | 2 | 1,313 | $677 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1980, the unit has undergone significant interior renovations likely within the last 5-15 years. The kitchen features modern white shaker cabinets, stainless steel appliances, stone countertops, and a contemporary tile backsplash. The living area includes updated flooring and recessed lighting, presenting the property in move-in-ready condition.
The property offers a unique coastal lifestyle with exclusive access to a private community beach for kayaking and paddleboarding, plus immediate proximity to the scenic Bay Trail.
Featuring two private balconies and large windows, the condo is designed to maximize natural light and capture refreshing Bay breezes through excellent cross-ventilation.
Situated in the peaceful Harbortown community, the home provides a serene environment while remaining minutes away from Downtown San Mateo, Caltrain, and major transit routes.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =894, other record lot size in square feet = 34334. Living area discrepancy between mls listing and other public or private record. mls listing living area = 950, other record living area = 1032.
The association fee of $843 per month is significantly high for a two-bedroom unit, which may impact the overall monthly affordability for budget-conscious buyers.
With only one bathroom serving two bedrooms, the layout may present a challenge for families or co-living situations compared to more modern two-bath configurations.
Looking for a bright, comfortable home in a peaceful waterfront community? Welcome to this beautiful 2-bedroom, 1-bath with extra office working area) condo in the desirable Harbortown community on Mariners Island. Filled with natural light, this move-in-ready home features two private balconies, large windows, and excellent cross-ventilation that bring in refreshing Bay breezes year-round. Enjoy a unique island-inspired lifestyle surrounded by water while still being just minutes from Downtown San Mateo. Residents enjoy exclusive access to a private community beach, perfect for relaxing by the water, paddleboarding, kayaking, and enjoying spectacular Bay sunsets. Miles of scenic Bay Trail are just steps away, offering endless opportunities for walking, running, and cycling along the shoreline. Conveniently located near popular restaurants, shopping, entertainment, Caltrain, and major commuter routes. Additional features include in-unit laundry, secured parking, and a well-maintained community. Experience the best of Bayfront living with abundant natural light, private beach access, waterfront breezes, and a relaxed coastal lifestyle.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 1.0 |
| Square foot | 950 | 899 |
| Lot Size | 894 | 1,129 |
| Price | $748.0K | $774.2K |
| Price per sq ft | $787 | $752 |
| Built year | 1980 | 1984 |
| HOA | $843.0 | $628 |
| Days on market | 13 | 49 |
Jul 9, 2026
$748,000
Initial Listing