505 Cypress Point Drive 263, Mountain View, California 94043, Mountain View, 94043 - 1 bed, 1 bath
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Mountain View, California 94043
This Modern Lakefront Condominium is a Prime Investment Opportunity, listed at $598,000—positioned well below the $619,793 Fair Market Value by 3%. This valuation gap offers $21,793 in Instant Equity for a home with a Condition Rating of 2. The interior features a remodeled quartz kitchen, vaulted ceilings, and a private balcony with tranquil water views. Located near Mountain View High School and major tech employers, this turnkey residence perfectly balances financial logic with lifestyle benefits. It is an ideal match for tech professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 Cypress Point Drive 263 Subject | $598,000* List Price | 1 | 1 | 784 | $791 | - |
A 505 Cypress Point Drive 245 Sold | $583,000 | 1 | 1 | 784 | $744 | 0.0 mi |
B 104 E Middlefield Road B Sold | $765,000 | 2 | 1 | 917 | $834 | 0.6 mi |
C 90 Flynn Avenue C Sold | $630,000 | 2 | 1 | 917 | $687 | 0.6 mi |
D 280 Easy Street 403 Sold | $562,000 | 1 | 1 | 711 | $790 | 0.3 mi |
E 280 Easy Street 311 Sold | $540,000 | 1 | 1 | 711 | $759 | 0.4 mi |
F 505 Cypress Point Dr 140 Sold | $675,000 | 2 | 1 | 843 | $801 | 0.1 mi |
G 500 W Middlefield Road 170 Active | $699,900 List Price | 1 | 1 | 752 | $931 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1971, the property has undergone a comprehensive modern remodel within the last 5 years. The kitchen is fully updated with Shaker-style cabinetry, quartz countertops, and stainless steel appliances. The interior features new flooring, vaulted ceilings, and updated fixtures, meeting the criteria for mint condition with no maintenance required.
As a top-floor unit in a coveted lakefront position, the property features vaulted ceilings and a private balcony with tranquil water views, offering a rare sense of serenity and architectural volume.
The home boasts a high-end renovation including a kitchen with quartz countertops and Shaker cabinetry, alongside an expansive primary suite with a dual vanity, ensuring a move-in-ready experience.
Ideally located near downtown Mountain View, Caltrain, and major freeways, this property provides convenient access to the region's top employers, transit hubs, and lifestyle amenities.
The monthly HOA fee of $645 is relatively high for a one-bedroom unit, which may impact buyer affordability and overall debt-to-income ratios for financing.
Built in 1971, the complex is over 50 years old, which may lead to increased maintenance requirements or future special assessments for common area upgrades.
Beautifully remodeled top floor condominium in one of the most coveted lakefront settings in desirable Cypress Point Lakes. This thoughtfully designed floor plan features a spacious & inviting living room with vaulted ceilings, a freestanding fireplace, and sliding glass doors that open to a private balcony overlooking mature landscaping and the tranquil lake. The modern kitchen is elegantly appointed with Shaker style cabinetry, quartz countertops, and stainless steel appliances, and flows seamlessly into a separate dining area with an impressive ceiling height, perfect for both everyday living & entertaining. The expansive primary suite offers two generous wall to wall closets and a dual vanity, creating a comfortable and functional retreat. Abundant natural light fills the home throughout, enhancing its warm and airy feel. Ideally situated along a peaceful lakeside setting, this home provides the perfect backdrop to relax and unwind. The well maintained community offers a resort-like lifestyle with amenities including swimming pools, tennis courts, and beautifully landscaped grounds. Conveniently located near downtown Mountain View, Stevens Creek Trail, Caltrain, schools, shopping, and with easy access to major freeways and expressways. A wonderful place to call home.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 29% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 784 | 917 | 29% |
| Lot Size | - | - | 50% |
| Price | $598.0K | $675.0K | 29% |
| Price per sq ft | $763 | $759 | 53% |
| Built year | 1971 | 1971 | 50% |
| HOA | $645.0 | $634 | 65% |
| Days on market | 6 | 139 | 6% |
Apr 16, 2026
$598,000
Initial Listing
May 16, 2013
$362,000
Public Record