608 Portofino Lane, Foster City, California 94404, Foster City, 94404 - 2 bed, 2 bath
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Foster City, California 94404
This Waterfront Condominium is a High-Potential Investment Opportunity, listed at $1,348,000—positioned well above the $1,185,447 Fair Market Value by -13%. While priced at a premium, the property features a Condition Rating of 3, showcasing modern renovations and move-in readiness. Residents enjoy panoramic lagoon views, a pool, and proximity to Foster City Elementary (9/10). Despite the high HOA fees, the combination of lifestyle amenities and top-tier school access makes this an ideal sanctuary for Owner-Occupants or professional families seeking a turnkey waterfront lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 608 Portofino Lane Subject | $1,348,000* List Price | 2 | 2 | 1,490 | $796 | - |
A 860 Meridian Bay Lane 243 Sold | $1,128,000 | 3 | 2 | 1,606 | $702 | 0.4 mi |
B 860 Meridian Bay Lane 135 Sold | $1,151,000 | 3 | 2 | 1,606 | $717 | 0.4 mi |
C 729 Eppleton Lane 303 Sold | $1,475,000 | 3 | 2 | 1,721 | $857 | 0.4 mi |
D 708 Eppleton Lane 204 Sold | $1,399,000 | 3 | 2 | 1,653 | $846 | 0.4 mi |
E 614 Portofino Lane Active | $1,098,888 List Price | 2 | 2 | 1,300 | $845 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1975, the property shows clear signs of a mid-range renovation (likely 5-15 years ago) including updated hardwood flooring, modern bathroom vanities with stone countertops, and contemporary lighting. The home is well-maintained and move-in ready.
Elementary School: Foster City Elementary School (9/10).
The property is situated directly on the waterfront, offering stunning open water views and immediate access to recreational activities like kayaking, paddle boating, and shoreline trails.
The home is served by highly-regarded schools, including Foster City Elementary with a 9/10 rating, making it an excellent choice for families prioritizing education.
The monthly HOA fee of $975 is substantial, which significantly increases the total monthly carrying cost and may impact buyer affordability.
Built in 1975, the condominium may require additional maintenance or modern updates to its systems and finishes compared to newer developments in the Peninsula area.
Situated on the beautiful waterfront, this 2-bed, 2-bath home offers 1,490 sq ft of living space with open water views. High ceilings and windows keep the interior bright throughout the day, and the layout works well for both daily living and hosting. A two-car garage is included. The community includes a pool, spa, and clubhouse, with kayaking, paddle boating, windsurfing, and shoreline trails all close by. Top-rated schools and parks are within easy reach. Foster City is centrally located on the Peninsula, with convenient access to San Francisco, SFO.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.2 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,490 | 1,121 | 65% |
| Lot Size | - | - | 50% |
| Price | $1.35M | $855.0K | 87% |
| Price per sq ft | $905 | $714 | 94% |
| Built year | 1975 | 1979 | 35% |
| HOA | $975.0 | $762 | 90% |
| Days on market | 16 | 132 | 3% |
May 29, 2026
$1,348,000
Initial Listing
Nov 8, 2011
$465,000
Public Record