59 Cove Lane, Redwood City, California 94065, Redwood City, 94065 - 2 bed, 2 bath
ACTIVE$1,125,000
59 Cove Lane, Redwood City, California 94065
2Beds
2Baths
1,240Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
Top Cons:
High Monthly Association Fee: The association fee of $861.0 is substantial and adds a significant recurring cost to homeownership, which could deter some buyers.
Compared to the nearby listings
Price:$1.12M vs avg $999.0K (+$126,000)64%
Size:1,240 sqft vs avg 1,178 sqft55%
Price/sqft:$907 vs avg $88264%
More Insights
Built in 1983 (42 years old).
Condition: The property, built in 1983, is in good, move-in ready condition with no immediate renovations required. The kitchen and bathrooms have been extensively updated with modern finishes, including white shaker cabinets, light-colored countertops, subway tile backsplashes, and stainless steel appliances in the kitchen, and modern tile work and vanities in the bathrooms. These renovations appear to be within the last 5-15 years. The flooring throughout is updated to a light-colored laminate/engineered wood, and carpets in bedrooms are clean. While some light fixtures are slightly dated, the overall aesthetic is fresh and well-maintained, aligning with the 'Good' criteria for a property extensively renovated within the specified timeframe.
Year Built
1983
Close
-
List price
$1.13M
Original List price
$1.1M
Price/Sqft
$907
HOA
$861
Days on market
-
Sold On
-
MLS number
ML82014499
Home ConditionGood
Features
Good View:
Deck
View
About this home
Views, Views, Views! This spacious corner-unit condo is perfectly positioned at the end of the complex, offering stunning water views from multiple angles. Enjoy two private balconies that invite in natural light and showcase the serene surroundings. Located just steps from one of the communitys sparkling pools, this home offers both relaxation and convenience. Features include an in-unit washer and dryer, a generous storage closet, and a dedicated carport. A rare opportunity to enjoy comfort, space, and scenic beauty all in one place!
Nearby schools
7/10
Redwood Shores Elementary School
Public,•K-5•1.2mi
8/10
Sandpiper Elementary School
Public,•K-6•1.2mi
8/10
Cipriani Elementary School
Public,•K-5•3.0mi
8/10
Fox Elementary School
Public,•K-5•4.0mi
7/10
Nesbit Elementary School
Public,•K-8•1.1mi
9/10
Ralston Intermediate School
Public,•6-8•3.4mi
9/10
Carlmont High School
Public,•9-12•2.5mi
Condition Rating
Good
The property, built in 1983, is in good, move-in ready condition with no immediate renovations required. The kitchen and bathrooms have been extensively updated with modern finishes, including white shaker cabinets, light-colored countertops, subway tile backsplashes, and stainless steel appliances in the kitchen, and modern tile work and vanities in the bathrooms. These renovations appear to be within the last 5-15 years. The flooring throughout is updated to a light-colored laminate/engineered wood, and carpets in bedrooms are clean. While some light fixtures are slightly dated, the overall aesthetic is fresh and well-maintained, aligning with the 'Good' criteria for a property extensively renovated within the specified timeframe.
Pros & Cons
Pros
Great Schools: Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
Panoramic Water Views: The property boasts 'stunning water views from multiple angles' and is explicitly highlighted for its 'Views, Views, Views!', offering a significant aesthetic and value advantage.
Prime Corner Unit Location: Positioned as a 'spacious corner-unit condo at the end of the complex,' it likely benefits from enhanced privacy, abundant natural light, and superior views compared to interior units.
Dual Private Balconies: Featuring 'two private balconies,' the unit provides valuable outdoor living space that invites natural light and allows residents to fully enjoy the serene surroundings.
Excellent Community Amenities: Its location 'just steps from one of the community's sparkling pools' offers convenient access to recreational facilities, enhancing lifestyle and appeal.
Desirable In-Unit Conveniences: The inclusion of an 'in-unit washer and dryer, a generous storage closet, and a dedicated carport' provides practical, sought-after features that contribute to comfortable condo living.
Cons
High Monthly Association Fee: The association fee of $861.0 is substantial and adds a significant recurring cost to homeownership, which could deter some buyers.
Age of Property: Built in 1983, the property is over 40 years old, which may imply older systems, potential for deferred maintenance, or the need for future updates compared to newer constructions.
Recent Price Increase: The listing price recently increased from $1,099,888 to $1,125,000, which could be perceived negatively by potential buyers or suggest a market testing strategy.