614 Portofino Lane, Foster City, California 94404, Foster City, 94404 - 2 bed, 2 bath

614 Portofino Lane, Foster City, California 94404 home-pic-0
ACTIVE$1,299,888
614 Portofino Lane, Foster City, California 94404
2Beds
2Baths
1,300Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Foster City Elementary School (9/10).
Top Cons:
High Monthly HOA Fees: The association fee of $955.0 per month is substantial, which, despite including major utilities and amenities, could be a significant ongoing cost for potential buyers.

Compared to the nearby listings

Price:$1.30M vs avg $884.0K (+$415,888)78%
Size:1,300 sqft vs avg 1,222 sqft64%
Price/sqft:$1000 vs avg $74494%

More Insights

Built in 1975 (50 years old).
Condition: Despite being built in 1975, the property has undergone significant and thoughtful updates, making it move-in ready. The kitchen features modern white shaker-style cabinets, granite countertops, and stainless steel appliances, appearing recently renovated. New lighting, fresh interior paint, and consistent wood-look flooring throughout contribute to a contemporary and well-maintained aesthetic. While specific bathroom images are not provided, the description mentions a 'generous primary suite' and 'thoughtful upgrades,' suggesting they are also in good, functional condition. The overall condition aligns with a property extensively renovated within the last 5-15 years, showing minimal wear and tear.
Year Built
1975
Close
-
List price
$1.3M
Original List price
$1.33M
Price/Sqft
$1,000
HOA
$955
Days on market
-
Sold On
-
MLS number
ML82017531
Home ConditionGood
Features
Excellent View:
Deck
View-

About this home

Discover the BEST value on the water in The Islands. This top-floor, end-unit home offers wide-water views, incredible natural light, and a spacious single-level layout rarely available in Foster City. Enjoy an updated kitchen with stainless steel appliances with clear water views and a generous primary suite. High ceilings, and a large private balcony perfectly positioned for sunset views. Thoughtful upgrades include new lighting, fresh interior paint. The open living and dining area offers seamless indooroutdoor flow, making this home ideal for relaxing or entertaining. Premium HOA includes major utilities and amenities include a pool, spa, clubhouse, walking paths, and beautifully maintained waterways. A+ location close to top-rated schools, parks, grocery stores, the levee trail, and easy commute access to SF, SFO, and Silicon Valley. A rare opportunity to own a top-floor water-view home in one of Foster Citys most desirable neighborhoods, The Islands!

Nearby schools

9/10
Foster City Elementary School
Public,K-50.5mi
6/10
Audubon Elementary School
Public,K-51.2mi
7/10
Bowditch Middle School
Public,6-81.3mi
7/10
San Mateo High School
Public,9-123.6mi
Condition Rating
Good

Despite being built in 1975, the property has undergone significant and thoughtful updates, making it move-in ready. The kitchen features modern white shaker-style cabinets, granite countertops, and stainless steel appliances, appearing recently renovated. New lighting, fresh interior paint, and consistent wood-look flooring throughout contribute to a contemporary and well-maintained aesthetic. While specific bathroom images are not provided, the description mentions a 'generous primary suite' and 'thoughtful upgrades,' suggesting they are also in good, functional condition. The overall condition aligns with a property extensively renovated within the last 5-15 years, showing minimal wear and tear.
Pros & Cons

Pros

Great Schools: Elementary School: Foster City Elementary School (9/10).
Exceptional Waterfront Location & Views: This top-floor, end-unit home offers wide-water views and clear water views from multiple areas, including the kitchen, providing a premium waterfront living experience in 'The Islands'.
Desirable Unit Characteristics: As a top-floor, end-unit, the property benefits from incredible natural light, a spacious single-level layout, high ceilings, and a large private balcony perfectly positioned for sunset views.
Updated Interior & Modern Amenities: The home features an updated kitchen with stainless steel appliances, a generous primary suite, new lighting, and fresh interior paint, offering a move-in ready modern living space.
Comprehensive HOA Benefits: The premium HOA includes major utilities and access to amenities such as a pool, spa, clubhouse, walking paths, and beautifully maintained waterways, enhancing lifestyle and value.
Strategic A+ Location: The property boasts an A+ location with proximity to top-rated schools, parks, grocery stores, the levee trail, and convenient commute access to San Francisco, SFO, and Silicon Valley.

Cons

High Monthly HOA Fees: The association fee of $955.0 per month is substantial, which, despite including major utilities and amenities, could be a significant ongoing cost for potential buyers.
Building Age: Built in 1975, the building is nearly 50 years old. While the unit is updated, the age of the overall complex may lead to concerns about potential future maintenance or special assessments for common elements.
Recent Price Reduction: The property has undergone a recent price reduction from $1,328,888 to $1,299,888, which might suggest it was initially overpriced or has been on the market for a period, potentially impacting buyer perception.

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