555 Laurel Avenue 614, San Mateo, California 94401, San Mateo, 94401 - 3 bed, 3 bath

555 Laurel Avenue 614
San Mateo, California 94401
Property Price
SUMMARY
Analysis of 555 Laurel Avenue 614, San Mateo, California 94401 is currently available with a list price of $3,250,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Mateo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1980, presents well with a luxurious feel, featuring a spacious layout, skylights, and impressive views. The kitchen, while described as a 'chef's kitchen' with stone counters and a center island, appears to have dark cabinetry that might be dated, and the appliances are not clearly visible to assess their modernity. The bathrooms are not explicitly shown in the provided images, making a definitive assessment difficult. The overall condition seems good and move-in ready, but the age of the building (over 40 years) and the potential for dated kitchen elements suggest it's not 'excellent' without further updates. The high association fees are also a consideration. The flooring in the foyer is marble tile, and the living room appears to have hardwood floors, which are in good condition. The presence of a 24-hour doorman and an EV charger indicates some modern amenities. The cooling/heating systems and electrical devices are not visible in the images.
PROSSTRENGTHS & OPPORTUNITIES
- Penthouse Unit
Rarely available penthouse unit offering commanding views and premium positioning within the community.
- Expansive Views
Panoramic views of the San Francisco Bay, East Bay, and Downtown San Mateo from multiple vantage points.
- Luxurious Amenities
Access to exceptional community amenities including a heated pool, fitness room, 24-hour doorman, and EV charging.
CONSRISKS & DEFICIENCIES
- High Association Fees
Monthly association fees of $1778.0 may be a significant ongoing expense for potential buyers.
- Older Construction
Built in 1980, the property may require updates or modernizations to meet current buyer expectations.
- Limited Sales History Detail
The provided sales history shows older transactions, lacking recent comparable sales data for precise valuation.
About 555 Laurel Avenue 614
Rarely available penthouse unit in San Mateo's premier condo community Gramercy on the Park. This luxurious 3-bedroom, 2.5-bathroom residence offers a generous floor plan with commanding views of the San Francisco Bay, East Bay, and Downtown San Mateo. A grand marble foyer grabs your immediate attention upon entry. This area provides access to all the core living areas and private suites. Numerous skylights and raised ceilings allow for abundant natural light throughout the unit. The spacious chefs kitchen boasts a center island, stone counters, ample cabinetry, and pantry area. An expansive balcony stretches the rear of the home, with direct access from the formal living and dining rooms. The primary suite offers multiple walk-in closets and a private sun room. Gramercy at the Park has exceptional amenities, starting with an incredible heated pool spanning the length of the central courtyard. It also includes a well-equipped fitness room, a 24-hour door man, 2-car parking with EV charger, dedicated storage and much more. Great restaurants, specialty grocery stores, shopping, transportation, and parks are all within walking distance. The Central Peninsula location offers close proximity to SFO International Airport, San Francisco, and Silicon Valley.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1778.0 / Month
Neighborhood Insights
San Mateo Unified Schools
Sunnybrae Elementary School
Grades K-5 • 0.4 mi
Borel Middle School
Grades 6-8 • 0.9 mi
Aragon High School
Grades 9-12 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 96% |
| Baths | 3.0 | 2.0 | 96% |
| Square foot | 2,510 | 1,097.5 | 98% |
| Lot Size | - | - | 50% |
| Price | $3.25M | $526.5K | 98% |
| Price per sq ft | $1.3K | $600 | 98% |
| Built year | 1980 | 1988 | 35% |
| HOA | $1778.0 | $1.2K | 52% |
| Days on market | 51 | 214 | 11% |
Pricing History
Listed for Sale
Jan 15, 2026
$3,250,000
Initial Listing
Sold
Feb 17, 2004
$1,038,000
Public Record
Sold
Aug 10, 1995
$485,000
Public Record




































































































