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

555 Laurel Avenue 614, San Mateo, California 94401 home-pic-0

555 Laurel Avenue 614

San Mateo, California 94401

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,510Sq Ft
Lot Size

Property Price

LIST PRICE$3,250,000

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

Good
TeardownExcellent

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

3/10

Borel Middle School

Grades 6-8 • 0.9 mi

6/10

Aragon High School

Grades 9-12 • 0.9 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.02.0
96%
Baths3.02.0
96%
Square foot2,5101,097.5
98%
Lot Size--
50%
Price$3.25M$526.5K
98%
Price per sq ft$1.3K$600
98%
Built year19801988
35%
HOA$1778.0$1.2K
52%
Days on market51214
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

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