500 Baltic Circle 506, Redwood City, California 94065, Redwood City, 94065 - 2 bed, 2 bath
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Redwood City, California 94065
This Waterfront Condominium is a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,013,296 Fair Market Value by -3%. Featuring a Fair Condition Rating, the unit offers a prime, no-stairs layout with Wide Water Views and two private garages. While the interior invites cosmetic modernization, the location is bolstered by Top-Rated Schools like Carlmont High (9/10). This property balances lifestyle appeal with long-term potential, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium Redwood Shores address.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 Baltic Circle 506 Subject | $1,050,000* List Price | 2 | 2 | 1,235 | $820 | - |
A 1000 Davit Lane 106 Sold | $1,150,000 | 2 | 2 | 1,235 | $931 | 0.1 mi |
B 501 Baltic Circle 539 Sold | $783,000 | 1 | 2 | 927 | $845 | 0.0 mi |
C 203 Shorebird Circle Sold | $775,000 | 2 | 2 | 1,018 | $761 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, this 29-year-old property falls into the 'Fair' category as it exceeds the 20-year threshold without evidence of a recent major renovation. While the unit is well-maintained and functional, the bathroom features original oak cabinetry, dated tile, and 1990s-style 'Hollywood' lighting, indicating a need for cosmetic updates to meet modern standards.
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
As a rare first-floor corner unit, this property offers expansive, unobstructed views of the Redwood Shores Lagoon and a private outdoor sitting area, providing a premium serene living experience.
The home features a desirable no-stairs layout and includes two separate one-car garages located just steps away, offering a level of convenience and storage seldom found in condominium living.
The monthly association fee of $867 is notably high, which may impact buyer affordability and overall monthly budget considerations compared to other residential options.
Built in 1997, the property may require cosmetic updates or interior renovations to meet the contemporary aesthetic expectations of today's luxury buyers in the Redwood Shores market.
Located in Redwood Shores, this 1,235 sq ft home is considered the best of the best. First Floor Corner Unit with Wide Water Views and no stairs. Private outdoor sitting area to relax and enjoy the Redwood Shores Lagoon and the beautiful scenery and views. Included are 2 separate 1 car garages both within steps of this outstanding property.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.4 mi
Grades K-5 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,235 | 1,069 | 60% |
| Lot Size | - | - | 50% |
| Price | $1.05M | $801.5K | 60% |
| Price per sq ft | $850 | $833 | 70% |
| Built year | 1997 | 1986 | 80% |
| HOA | $867.0 | $698 | 90% |
| Days on market | 16 | 118 | 10% |
May 21, 2026
$1,050,000
Initial Listing
Jul 2, 2007
$700,000
Public Record
Sep 30, 2004
$650,000
Public Record
May 3, 2002
$550,000
Public Record