
San Mateo, California 94404
This Turnkey Waterfront Residence is a High-Potential Investment Opportunity, listed at $2,275,000—positioned well above the $2,189,219 Fair Market Value by -3%. Featuring a Mint Condition Rating following a high-end renovation, this home offers a unique lifestyle with Direct Lagoon Access and Panoramic Bay Views. While the elementary school rating is modest, the property provides exceptional community amenities, including Pools, Hot Tubs, and Pickleball Courts. This is an ideal acquisition for Lifestyle-Focused Buyers or Owner-Occupants seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 444 Fathom Drive Subject | $2,275,000* List Price | 4 | 3 | 2,250 | $1,047 | - |
A 1259 Shoal Drive Pending | $1,868,000 List Price | 3 | 3 | 1,640 | $1,139 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1968, the property has undergone a high-end, modern renovation within the last 5 years. The kitchen features contemporary blue shaker cabinetry, a butcher block island, and updated lighting, while the bathrooms have been fully modernized with new vanities and stone countertops, resulting in a mint-condition, move-in ready home.
The property offers rare direct access to a saltwater lagoon, allowing for private water skiing, paddle boarding, and canoeing right from the backyard.
Residents benefit from extensive facilities including two pools, hot tubs, and pickleball courts, all maintained for an impressively low monthly HOA fee of $195.
The spacious primary bedroom features a large bathroom and stunning views of the Bay Area, providing a luxurious and tranquil retreat within the home.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2662, living area = 2250.
With a lot size of only 2,662 sqft for a 2,250 sqft home, there is very little private yard or garden space outside of the lagoon access.
Spectacular living in one of the most unique houses in San Mateo, where you are very near a salt water lagoon that allows you to water ski, paddle board, or canoe right out the back door. Two-story home with a game room that has arcade games, TV, and pool table. Large modern kitchen opens up to the dining and living room that is bathed in sunlight all day and absolutely has the most magnificent sunset. Now its upstairs to 4 bedrooms and another bathroom. Walk down the hall to a large primary bedroom with spacious bathroom that overlooks the bay area; this is a magnificent room that one never wants to leave. Two large pools, two hot tubs, exercise room, pickleball court, and shuffleboard all for you to enjoy with super small dues, almost unbelievable in the bay area. Neighborhood is quiet, safe, and peaceful. The bay trails are right across the street. Then you will love this place.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,250 | 1,840 |
| Lot Size | 2,662 | 6,059 |
| Price | $2.27M | $2.27M |
| Price per sq ft | $1.0K | $1.4K |
| Built year | 1968 | 1950 |
| HOA | $195.0 | $600 |
| Days on market | 34 | 29 |
Jun 18, 2026
$2,275,000
Initial Listing
Sep 22, 2020
$1,520,000
Public Record