708 Thayer Lane 404, Foster City, California 94404, Foster City, 94404 - 3 bed, 2 bath
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708 Thayer Lane 404
Foster City, California 94404
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,493Sq Ft
2,106Lot Size
Property Price
LIST PRICE$1,468,000
EST. MARKET VALUE
$1,346,613
9% AboveMARKET VALUE
SUMMARY
This Turnkey 55+ Condominium is a Strong Value Opportunity, listed at $1,468,000—positioned above the $1,346,614 Fair Market Value. While priced at a premium, the property features an Excellent Condition Rating (2020 build) with high-end finishes like quartz countertops and hardwood floors. Residents enjoy a sun-drenched balcony and proximity to top-rated schools like Foster City Elementary (9/10). This modern, low-maintenance residence offers a sophisticated lifestyle for Active Retirees or Downsizing Professionals seeking a secure, amenity-rich community in a prime location.
Estimated Market Value
$1,346,613
Based on Realkey algorithm analyzing recent comparable sales in Foster City.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 708 Thayer Lane 404 Subject | $1,468,000* List Price | 3 | 2 | 1,493 | $902 | - |
A 729 Eppleton Lane 303 Sold | $1,475,000 | 3 | 2 | 1,721 | $857 | 0.0 mi |
B 502 Starfish Lane Sold | $1,069,000 | 1 | 2 | 1,436 | $744 | 0.4 mi |
C 837 Juno Lane Sold | $1,320,000 | 3 | 3 | 1,330 | $992 | 0.7 mi |
D 902 Lido Lane Sold | $1,030,000 | 2 | 2 | 1,270 | $811 | 0.3 mi |
E 860 Meridian Bay Lane 342 Sold | $1,080,000 | 2 | 2 | 1,350 | $800 | 0.6 mi |
F 860 Meridian Bay Lane 243 Sold | $1,128,000 | 3 | 2 | 1,606 | $702 | 0.6 mi |
G 681 Portofino Lane Active | $1,099,000 List Price | 2 | 2 | 1,358 | $809 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2020, this property is less than 5 years old and in mint, like-new condition. It features a modern kitchen with quartz countertops and stainless steel appliances, contemporary bathrooms, and updated systems including a tankless water heater and central HVAC.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Foster City Elementary School (9/10).
- Modern Top-Floor Design
Built in 2020, this top-floor unit features soaring high ceilings and an abundance of natural light, offering a 'like-new' contemporary aesthetic with a sun-drenched balcony.
- High-End Interior Finishes
The property boasts premium upgrades including a gourmet kitchen with quartz countertops, stainless steel appliances, hardwood flooring, and modern essentials like a tankless water heater and central AC.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2106, other record lot size in square feet = 1745.
- Age-Restricted Community
Being located in a 55+ community significantly limits the potential buyer pool, which may impact long-term resale liquidity compared to standard residential units.
- High Monthly Carrying Costs
The monthly association fee of $733 is relatively high, adding a substantial recurring expense to the homeowner's budget beyond the mortgage and taxes.
About 708 Thayer Lane 404
Rarely available top floor unit with soaring high ceilings in like new 55+ community. Extreme sunny and bright with incredible natural light in every room. Sun-drenched balcony perfect for outdoor entertainment. Secure building with intercom and elevator access and side by side 2-car garage. Contemporary open floor plan and high ceilings with 3 BR, 2 full BA, 1493 sqft. Beautiful sunny kitchen with quartz countertops & backsplash, center island with breakfast bar, luxurious stainless steel appliances including gas range, soft close cabinets. Modern bathrooms with quartz countertops and cherry vanities. Elegant hardwood floor in living room, carpet in bedrooms, LED recess light throughout. Tankless water heater, central AC and heater, in-unit washer and dryer. Walk to Library, Rec Center, gorgeous lagoons, Leo Ryan Park, shopping and restaurants. Easy access to HWY 101&92.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2020
- Lot Size
- 2,106 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $733.0 / Month
Neighborhood Insights
Foster City Unified Schools
Brewer Island Elementary School
Grades K-5 • 0.5 mi
8/10
Foster City Elementary School
Grades K-5 • 1.0 mi
9/10
Bowditch Middle School
Grades 6-8 • 1.1 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,493 | 1,390.063 |
| Lot Size | 2,106 | 78,982.688 |
| Price | $1.47M | $886.0K |
| Price per sq ft | $983 | $672 |
| Built year | 2020 | 1976 |
| HOA | $733.0 | $859 |
| Days on market | 8 | 52 |
Pricing History
Listed for Sale
Sep 1, 2026
$1,468,000
Initial Listing
Sold
Nov 23, 2021
$1,263,000
Public Record