748 Aries Ln, Foster City, California 94404, Foster City, 94404 - 3 bed, 2 bath
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748 Aries Ln
Foster City, California 94404
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,370Sq Ft
2,925Lot Size
Property Price
LIST PRICE$1,350,000
EST. MARKET VALUE
$1,253,782
7% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,350,000—positioned well above the $1,267,239 Fair Market Value by 6%. While the property requires a full interior renovation due to its Condition Rating of 5, the Isle Cove community location and proximity to Foster City Elementary (9/10) provide long-term stability. Featuring a private patio and vaulted ceilings, the home offers significant upside for those willing to modernize the original 1970s floor plan. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovations.
Estimated Market Value
$1,253,782
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 |
|---|---|---|---|---|---|---|
★ 748 Aries Ln Subject | $1,350,000* List Price | 3 | 2 | 1,370 | $915 | - |
A 815 Rigel Lane Active | $1,060,000 List Price | 2 | 2 | 1,320 | $803 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1973 and described as largely original, the property is over 50 years old without significant renovations. Images confirm a dated kitchen with original cabinetry and tile, and bathrooms with 1970s-era fixtures. While well-maintained, the age and lack of updates necessitate a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Foster City Elementary School (9/10).
- Prime Location & Top-Rated Schools
Situated in the desirable Isle Cove community, the property offers immediate access to waterfront trails and lagoons, and is served by high-performing schools including Foster City Elementary (Rating 9).
- Bright & Airy Architectural Design
The home features windows on three sides, vaulted ceilings, and a private patio, maximizing natural light and providing a more spacious feel than the 1,370 square footage suggests.
CONSRISKS & DEFICIENCIES
- Original 1970s Condition
The home requires comprehensive cosmetic and functional updates to meet modern luxury standards, which will necessitate a significant post-purchase capital investment.
- Extended Market Stagnation
With 89 days on the market, the property may carry a 'stale' listing perception, potentially indicating that the current list price does not fully account for the required renovation costs.
About 748 Aries Ln
Rare opportunity in Foster City's desirable Isle Cove community! Filled with natural light from windows on three sides, the approximately 1,370 sq. ft. floor plan features vaulted ceilings, a wood-burning fireplace, spacious living and dining areas, an attached 2-car garage, and a private patio for outdoor entertaining. Largely original yet well-maintained, this home is ready for your personal updates and vision. Enjoy easy access to Foster City's scenic lagoons, waterfront trails, parks, shopping, and dining. Excellent commuter location near Hwy 92, Hwy 101, Caltrain, and SFO. Served by highly regarded San Mateo-Foster City schools. A rare opportunity to customize and build equity in one of the Peninsula's premier waterfront communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 2,925 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $470.0 / Month
Neighborhood Insights
Foster City Unified Schools
Foster City Elementary School
Grades K-5 • 0.6 mi
9/10
Bowditch Middle School
Grades 6-8 • 1.9 mi
7/10
Hillsdale High School
Grades 9-12 • 2.3 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,370 | 1,936.563 |
| Lot Size | 2,925 | 5,674.313 |
| Price | $1.35M | $2.23M |
| Price per sq ft | $985 | $1.1K |
| Built year | 1973 | 1966 |
| HOA | $470.0 | $220 |
| Days on market | 137 | 35 |
Pricing History
Listed for Sale
Apr 25, 2026
$1,350,000
Initial Listing