
San Mateo, California 94402
This Spacious Luxury Condominium is a Strong Value Opportunity, listed at $1,275,000—positioned well below the $1,298,892 Fair Market Value by 1.8%. This valuation gap offers $23,892 in Instant Equity. Featuring Panoramic Bay Views, a Private Veranda, and resort-style amenities, the property holds a Condition Rating of 4, offering significant potential for cosmetic modernization. Located near top-rated schools, this residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end lifestyle with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 50 Mounds Road 105 Subject | $1,275,000* List Price | 2 | 2 | 2,036 | $638 | - |
A 50 Mounds Road 107 Sold | $1,250,000 | 2 | 2 | 2,076 | $602 | 0.0 mi |
B 225 Virginia Avenue Ph-d Sold | $1,147,500 | 2 | 2 | 1,486 | $772 | 0.6 mi |
C 10 Crystal Springs Road 2214 Sold | $895,000 | 2 | 2 | 1,238 | $723 | 0.3 mi |
D 10 Crystal Springs Road 1310 Pending | $1,650,000 List Price | 2 | 3 | 2,341 | $705 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1973 and features a kitchen renovation that appears to be 15-25 years old, characterized by dated white appliances and older cabinet styles. While functional and well-maintained, the presence of popcorn ceilings and older carpeting indicates the unit is dated and requires cosmetic updates to meet modern standards.
At 2,036 square feet, this residence offers a rare and expansive floor plan for a two-bedroom condominium, providing a house-like feel with generous room proportions and ample storage.
The property features sweeping views of the San Francisco Bay and Peninsula from nearly every room, complemented by a large private veranda that enhances the indoor-outdoor living experience.
Located in the prestigious Top of the Mounds, the building provides resort-style living with a lobby attendant, guest suites, a sauna, and a newly built recreation room.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2036, other record living area = 2076.
The monthly association fee of $1,625 is substantial, which may impact the overall affordability and appeal for budget-conscious buyers.
Built in 1973, the property may require updates to its older infrastructure or systems to meet the expectations of buyers looking for modern energy efficiencies.
Discover the Top of the Mounds, San Mateo's most coveted luxury condominium community. This gorgeous residence offers 2036 sq ft of spacious living with sweeping panoramic Bay and Peninsula views from nearly every room. The generous 2 BR/2BA floor plan features lovely carpet and tile, a beautiful chef's kitchen with ample cabinets and granite countertops, plus spa-like bathrooms. Enjoy the expansive dining and living rooms with massive windows and sliders opening to a huge and private veranda, perfect for indoor/outdoor gatherings. Residents enjoy resort-style amenities including a lobby attendant, and top notch on-site management. Serene spa and pool, newly built recreation room, and community room await you. Bonus: indoor laundry room, large closets, gas fireplace, extra storage, and secure garage parking. Sauna! Three guest suites in the building. Convenient location to downtown San Mateo, Hillsborough and all the best that Mid-Peninsula living offers.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 2,036 | 899 |
| Lot Size | - | 1,129 |
| Price | $1.27M | $774.2K |
| Price per sq ft | $626 | $752 |
| Built year | 1973 | 1984 |
| HOA | $1625.0 | $628 |
| Days on market | 30 | 49 |
Jun 22, 2026
$1,275,000
Initial Listing