692 Edna Way, San Mateo, California 94402, San Mateo, 94402 - 4 bed, 2 bath
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San Mateo, California 94402
This Iconic Eichler Single Family Residence is a Strong Value Opportunity, listed at $1,898,000—positioned well below the $2,071,303 Fair Market Value by 8%. This valuation gap offers $173,303 in Instant Equity for the buyer. Featuring a 4-bedroom layout and radiant heating, the home maintains a Condition Rating of 4, providing a solid foundation for cosmetic modernization. Zoned for the highly-rated Aragon High School, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 692 Edna Way Subject | $1,898,000* List Price | 4 | 2 | 1,540 | $1,345 | - |
A 905 Haddon Drive Sold | $1,800,000 | 3 | 2 | 1,500 | $1,200 | 0.3 mi |
B 910 Folkstone Avenue Sold | $1,450,000 | 3 | 1 | 1,250 | $1,160 | 0.4 mi |
C 1222 Birch Avenue Sold | $1,775,000 | 3 | 1 | 1,200 | $1,479 | 0.5 mi |
D 1541 Maple Street Sold | $1,825,000 | 2 | 1 | 1,220 | $1,496 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this Eichler home is well-maintained but significantly dated. The kitchen features older blue laminate countertops and cabinetry likely over 30 years old. While functional and move-in ready, the property requires comprehensive cosmetic updates and a specialized inspection of the original radiant heating system.
This property features the highly sought-after mid-century modern Eichler design, known for its open floor plan, radiant heating, and seamless indoor-outdoor living appeal.
The home is zoned for Aragon High School, which boasts a high rating of 8/10, making it an attractive option for families prioritizing quality secondary education.
Offering four bedrooms and a separate family room within 1,540 square feet, the layout provides excellent versatility for families or those requiring a dedicated home office space.
The assigned elementary school, Sunnybrae, has a lower rating of 3/10, which may be a drawback for buyers with young children seeking top-tier primary education.
The presence of an above-ground pool may be viewed as less desirable than an in-ground installation and takes up significant space on the relatively modest 5,524-square-foot lot.
Eichler Living at its BEST! Located in San Mateo, this 4-bedroom, 2-bathroom home offers 1,540 square feet of living space. The residence features a cozy fireplace in the living room and radiant heating throughout. The layout includes a separate family room and a dining area for enjoyable gatherings. The property has an above-ground heated pool, perfect for relaxation and recreation. Additional amenities include a two-car attached garage. The home falls within the San Mateo-Foster City Elementary school district. This comfortable and functional home presents a practical option for buyers seeking a residence in San Mateo.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,540 | 1,880 | 28% |
| Lot Size | 5,524 | 6,300 | 37% |
| Price | $1.90M | $2.76M | 17% |
| Price per sq ft | $1.2K | $1.4K | 20% |
| Built year | 1955 | 1952 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 106 | 2% |
May 30, 2026
$1,898,000
Initial Listing