651 Port Drive 208, San Mateo, California 94404, San Mateo, 94404 - 3 bed, 2 bath
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San Mateo, California 94404
This Modern Waterfront Condominium is a Strong Value Opportunity, listed at $975,000—positioned well below the $1,043,119 Fair Market Value by 6%. This valuation gap provides $68,119 in Instant Equity for the buyer. Boasting a Move-In Ready Condition, the residence features a modernized kitchen, stainless steel appliances, and panoramic San Francisco Bay views. Residents enjoy resort-style amenities including a private beach, boat dock, and access to the top-rated Aragon High School. This is an exceptional acquisition for Peninsula professionals or lifestyle-oriented buyers seeking immediate equity in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 651 Port Drive 208 Subject | $975,000* List Price | 3 | 2 | 1,313 | $794 | - |
A 1720 Vista Del Sol Sold | $875,000 | 2 | 2 | 1,070 | $818 | 1.0 mi |
B 1542 Vista Del Sol Sold | $840,000 | 2 | 2 | 1,070 | $785 | 1.0 mi |
C 1090 Shoreline Drive Drive Sold | $850,000 | 1 | 2 | 1,150 | $739 | 0.9 mi |
D 1016 Shoreline Drive Sold | $1,198,000 | 3 | 2 | 1,570 | $763 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1982, the unit features significant interior updates. The kitchen has been modernized with shaker-style cabinetry, stone countertops, and stainless steel appliances, and the bathrooms have been renovated with contemporary vanities and subway tiling. The property is in move-in ready condition with renovations likely performed within the last 5-15 years.
The property offers premium waterfront living with stunning San Francisco Bay views and direct access to a private beach and boat dock, a rare find in this price point.
Residents benefit from an extensive suite of amenities, including a pool, sauna, secure parking, and additional storage, providing a resort-like residential experience.
Situated near the Foster City border with immediate access to Highways 101 and 92, the home is ideally positioned for easy commutes across the Peninsula and East Bay.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1296, other record lot size in square feet = 28484.
The monthly association fee of $939 is significantly high, which may impact overall affordability and debt-to-income ratios for prospective buyers.
While the middle and high schools are well-rated, the assigned elementary school has a low rating of 2, which could be a deterrent for families with young children.
Step onto this private island in the desirable Mariners Isle neighborhood, where waterfront living meets everyday convenience. This 3-bedroom, 2-bathroom condo offers 1,313 sq. ft. of bright living space with stunning San Francisco Bay views. The kitchen features ample cabinetry, functional countertops, and stainless steel appliances. The living room is filled with natural light, with expansive windows and sliding doors framing the water views. A fireplace and private balcony create a relaxing setting. Bathrooms offer a clean, functional layout, and the bedrooms are generously sized with great natural light throughout. Residents enjoy amenities including a pool, sauna, private beach access, boat dock, and secure parking with storage. Conveniently located near the Foster City border with easy access to the Bay Trail, parks, shopping, and Highways 101 and 92. A great opportunity to enjoy comfortable waterfront living.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,313 | 1,286 | 56% |
| Lot Size | 1,296 | - | 75% |
| Price | $975.0K | $849.5K | 75% |
| Price per sq ft | $743 | $715 | 63% |
| Built year | 1982 | 1979 | 63% |
| HOA | $939.0 | $788 | 88% |
| Days on market | 13 | 177 | 3% |
Apr 9, 2026
$975,000
Initial Listing
Jun 12, 2017
$900,000
Public Record
Jun 7, 2006
$605,000
Public Record
Aug 4, 1998
$54,000
Public Record