701 Ventura Avenue, San Mateo, California 94403, San Mateo, 94403 - 4 bed, 4 bath
Loading property details...
701 Ventura Avenue
San Mateo, California 94403
ACTIVE
CONDITION: GOOD
4Beds
4Baths
2,006Sq Ft
12,337Lot Size
Property Price
LIST PRICE$2,900,000
EST. MARKET VALUE
$2,974,269
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $2,900,000—positioned well below the $2,974,270 Fair Market Value by 2%. This valuation gap offers $74,270 in Instant Equity. Featuring a Condition Rating of 3, the home offers a 12,337 sq ft lot with significant development potential. While the interior requires modernization, the location near Hillsdale High School provides long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build a custom estate.
Estimated Market Value
$2,974,269
Based on Realkey algorithm analyzing recent comparable sales in San Mateo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 701 Ventura Avenue Subject 4 bd · 4 ba · 2,006 sqft · $1,483 | $2,900,000* List Price | 4 | 4 | 2,006 | $1,483 | - |
A 3408 Spyglass Drive Sold 4 bd · 2 ba · 2,000 sqft · $1,201 · 0.5 mi | $2,402,000 | 4 | 2 | 2,000 | $1,201 | 0.5 mi |
B 3028 Greenoak Court Sold 3 bd · 2 ba · 2,290 sqft · $1,127 · 0.5 mi | $2,580,000 | 3 | 2 | 2,290 | $1,127 | 0.5 mi |
C 1478 Cherrywood Drive Sold 5 bd · 4 ba · 2,610 sqft · $1,211 · 1.0 mi | $3,160,000 | 5 | 4 | 2,610 | $1,211 | 1.0 mi |
D 2105 Stratford Way Sold 3 bd · 3 ba · 2,010 sqft · $1,318 · 0.7 mi | $2,650,000 | 3 | 3 | 2,010 | $1,318 | 0.7 mi |
E 311 W Hillsdale Boulevard Sold 3 bd · 3 ba · 2,174 sqft · $1,127 · 0.6 mi | $2,450,000 | 3 | 3 | 2,174 | $1,127 | 0.6 mi |
F 3315 Caxton Court Sold 3 bd · 3 ba · 2,340 sqft · $1,368 · 0.4 mi | $3,200,000 | 3 | 3 | 2,340 | $1,368 | 0.4 mi |
G 142 30th Avenue Sold 3 bd · 3 ba · 2,240 sqft · $1,413 · 0.7 mi | $3,164,000 | 3 | 3 | 2,240 | $1,413 | 0.7 mi |
H 3035 Flores Street Sold 3 bd · 2 ba · 1,769 sqft · $1,292 · 0.7 mi | $2,285,000 | 3 | 2 | 1,769 | $1,292 | 0.7 mi |
I 1500 Crestwood Drive Pending 4 bd · 2 ba · 2,537 sqft · $1,142 · 0.9 mi | $2,898,000 List Price | 4 | 2 | 2,537 | $1,142 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1969, the property has undergone significant cosmetic updates including modern flooring, fresh interior paint, and a renovated bathroom with a contemporary vessel sink and shaker-style cabinetry. The home appears well-maintained and move-in ready, though the presence of a wall heater suggests that the primary heating system is dated and has not been upgraded to a modern central HVAC system.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12337, living area = 2006.
- Expansive Lot & Development Potential
Boasting over 12,000 sq ft on a quiet cul-de-sac, this oversized lot offers rare potential to expand the existing structure or build a custom luxury estate in a prime San Mateo location.
- Prime Cul-de-Sac Location
Situated at the end of a peaceful cul-de-sac, the property provides exceptional privacy and a sanctuary-like atmosphere while remaining minutes from key amenities and transportation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2006, other record living area = 1190. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Significant Renovation Likely Required
Built in 1969 and marketed for its 'potential,' the property likely requires substantial modernization or a complete rebuild to justify its $2.9M price point.
- Average Elementary and Middle School Ratings
While the high school options are strong, the assigned elementary and middle schools carry lower ratings (4-5), which may be a drawback for families with younger children.
About 701 Ventura Avenue
Fabulous opportunity to own over a 12,000 sq ft of land at the end of a quiet cul-de-sac in one of San Mateos most desirable neighborhoods. This 4-bedroom, 3.5-bath home offers a unique blend of comfort and potential. Enjoy the peaceful, private setting, or explore options to enhance, expand, or build your own private estate. Whether you envision light updates or a custom dream home, the possibilities are endless. A true sanctuary just minutes from top-rated schools, shopping, Parks and transportation.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 12,337 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Mateo Unified Schools
Meadow Heights Elementary School
Grades K-5 • 0.2 mi
5/10
Beresford Elementary School
Grades K-5 • 0.5 mi
5/10
Laurel Elementary School
Grades K-5 • 0.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.1 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,006 | 1,743.298 |
| Lot Size | 12,337 | 6,079.649 |
| Price | $2.90M | $2.26M |
| Price per sq ft | $1.4K | $1.4K |
| Built year | 1969 | 1952 |
| HOA | $0 | $387 |
| Days on market | 14 | 33 |
Pricing History
Listed for Sale
Oct 10, 2026
$2,900,000
Initial Listing
Sold
Jun 30, 2021
$2,200,000
Public Record
Sold
Jun 3, 2020
$1,625,000
Public Record
Sold
Oct 31, 2000
$735,000
Public Record