
Foster City, California 94404
This Waterfront Single Family Residence is a Strong Value Opportunity, listed at $2,899,000—positioned well below the $2,713,831 Fair Market Value by 6%. Featuring a Condition Rating of 3, the home offers a versatile floor plan with a main-level bedroom and panoramic lagoon views. While the interior reflects a vintage aesthetic, the property provides a solid foundation for modernization. This is an ideal acquisition for Owner-Occupants seeking a premium lifestyle or Value-Add Investors looking to capitalize on this rare Foster City waterfront setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 541 Trinidad Lane Subject | $2,899,000* List Price | 4 | 3 | 2,280 | $1,190 | - |
A 516 Saint Vincent Lane Sold | $2,600,000 | 4 | 3 | 2,300 | $1,130 | 0.4 mi |
B 700 Bahama Lane Sold | $2,910,000 | 4 | 3 | 2,300 | $1,265 | 0.5 mi |
C 707 Santa Cruz Lane Sold | $2,510,000 | 3 | 3 | 2,240 | $1,121 | 0.4 mi |
D 330 Tampa Ct Sold | $2,680,000 | 4 | 3 | 2,620 | $1,023 | 0.4 mi |
E 1402 Dominica Lane Sold | $2,188,000 | 3 | 2 | 1,530 | $1,430 | 0.3 mi |
F 623 Cornwallis Lane Pending | $2,499,999 List Price | 4 | 3 | 2,700 | $926 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1976, the home is well-maintained and move-in ready. It features significant updates including modern hardwood flooring, updated stone countertops, and stainless steel appliances. While the kitchen cabinetry and fluorescent light box ceiling are dated (reflecting a 15-20 year old renovation style), the overall condition is functional and highly habitable.
The property offers a rare and desirable waterfront setting in the Pitcairn neighborhood, featuring expansive outdoor spaces and a primary suite balcony with direct water views.
The 2,280 sq ft layout includes a highly sought-after main-level bedroom and full bath, providing excellent flexibility for guests, seniors, or a home office.
Listed at $2.899M, the property is positioned significantly below its 2021 sale price of $3.25M, representing a potentially high-value opportunity in a premium Peninsula market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2280, other record living area = 2180.
Built in 1976, the home may require capital improvements or modernization of major systems and finishes to meet the expectations of contemporary luxury buyers.
The $300 monthly association fee, combined with the high entry price, increases the total carrying cost compared to non-HOA single-family residences in the area.
Experience waterfront living at 541 Trinidad Lane, an exceptional Foster City residence where timeless style meets an enviable lifestyle. In desirable Pitcairn, this approximately 2,280 sq ft home offers 4 bedrooms and 3 full baths with an expansive two-level floor plan designed for entertaining and everyday comfort. Soaring ceilings, beautiful hardwood floors, and a welcoming fireplace create a warm atmosphere. The main level offers a formal dining area, private office, spacious family room, well-appointed kitchen, and bedroom with full bath-perfect for guests or flexible living. Upstairs, the spacious primary suite features a private balcony overlooking the water, generous walk-in closet, and spa-inspired ensuite with dual vanities, stall shower, and Jacuzzi. Two additional bedrooms and a full bath complete the upper level. Step outside to an exceptional waterfront setting with expansive outdoor spaces for leisurely mornings, sunset gatherings, and entertaining. A two-car side-by-side garage and driveway add convenience. Enjoy Foster City's lagoons, parks, scenic walking and biking paths, dining, shopping, and convenient highway access. This is a rare opportunity to embrace sophisticated Peninsula living in a truly special waterfront setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,280 | 1,936.563 |
| Lot Size | 6,450 | 5,674.313 |
| Price | $2.90M | $2.23M |
| Price per sq ft | $1.3K | $1.1K |
| Built year | 1976 | 1966 |
| HOA | $300.0 | $220 |
| Days on market | 12 | 35 |
Aug 28, 2026
$2,899,000
Initial Listing
Sep 10, 2021
$3,250,000
Public Record
May 5, 2000
$960,000
Public Record