425 Anchor Road 317, San Mateo, California 94404, San Mateo, 94404 - 3 bed, 2 bath

425 Anchor Road 317, San Mateo, California 94404 home-pic-0
ACTIVE$1,249,000
425 Anchor Road 317, San Mateo, California 94404
3Beds
2Baths
1,900Sqft
Lot
Year Built
1980
Close
-
List price
$1.25M
Original List price
$1.3M
Price/Sqft
$657
HOA
$1,387
Days on market
-
Sold On
-
MLS number
ML82022401
Home ConditionGood
Features
Excellent View: Bay, Marina, Water
Deck
ViewBay, Marina, Water

About this home

Great Deal:The estimated price is 15% above the list price. We found 3 Cons,5 Pros. Rank: price - $1.25M(78th), sqft - 1900(94th), beds - 3(83th), baths - 2(50th).

This luxurious penthouse-style home is nestled in San Mateos Mariners Island community. The sprawling 1,900 square foot residence offers 3 bedrooms and 2 refreshed bathrooms with brand new vanities. Youll find the interior adorned with fresh paint, new flooring and plush Berber carpet, while the recently modernized kitchen boasts a beautiful large island and designer finishes throughout. The living experience is elevated by two fireplaces in the primary bedroom and living room, creating a warm ambiance to accompany the golden sunsets that drench this home in warm lighting. This exquisite home is a seamless merger of two units, with breathtaking bay views from every single room. The Mariners Island community offers exclusive access to an outdoor pool, sauna, clubhouse and outdoor BBQ entertainment space. Most notably, this community also provides you with a private beach equipped with a volleyball net, playground and kayaks for resident use. Secure parking and additional storage complete this luxurious offering, a resort you can call home.

Nearby schools

2/10
Horrall Elementary School
Public,K-50.7mi
7/10
Bayside S.T.E.M. Academy
Public,6-80.3mi
8/10
Aragon High School
Public,9-122.4mi

Price History

Date
Event
Price
10/22/25
Price Change
$1,249,000-3.8%
09/22/25
Listing
$1,299,000
Condition Rating
Good

The property, built in 1980, has undergone significant recent renovations, including a modernized kitchen with designer finishes, new flooring, fresh paint, and refreshed bathrooms with new vanities. The images confirm a contemporary and move-in ready interior with modern appliances and fixtures. While not newly built, the extensive recent updates bring it close to 'excellent' condition, fitting the 'good' criteria of being extensively renovated within 5-15 years and move-in ready with minimal wear and tear.
Pros & Cons

Pros

Panoramic Bay Views: The property boasts breathtaking bay, marina, and water views from every single room, significantly enhancing its appeal and value.
Extensive Modern Upgrades: The interior has been recently refreshed with new paint, flooring, plush Berber carpet, and a modernized kitchen featuring a large island and designer finishes, offering a move-in ready luxury experience.
Resort-Style Community Amenities: Residents benefit from exclusive access to an outdoor pool, sauna, clubhouse, BBQ entertainment space, and a private beach equipped with recreational facilities like a volleyball net and kayaks.
Spacious Penthouse-Style Living: This luxurious 1,900 square foot residence, a seamless merger of two units, provides an expansive 3-bedroom, 2-bathroom layout with two fireplaces, offering a unique and grand living environment.
Desirable Location & Strong Secondary Schools: Nestled in San Mateo's Mariners Island community, the property is served by highly-rated Aragon High School (8/10) and Bayside S.T.E.M. Academy (7/10).

Cons

High Monthly Association Fees: The property has a substantial monthly association fee of $1,387, which adds significantly to the ongoing cost of ownership.
Recent Price Reduction: A recent price drop from $1,299,000 to $1,249,000 indicates potential market resistance or an initial overestimation of the property's value.
Low-Rated Elementary School: The assigned elementary school, Horrall Elementary, has a low rating (2/10), which could be a concern for families with young children.

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