
Redwood City, California 94065
This Mediterranean-inspired townhome represents a Strong Value Opportunity, listed at $1,538,000—positioned well below the $1,653,620 Fair Market Value by 6%. This valuation gap offers $115,620 in Instant Equity. Featuring a Condition Rating of 4, the home offers a spacious 2,056 sq ft layout with lagoon views and resort-style amenities. Served by top-rated schools like Carlmont High (9/10), this property is an ideal acquisition for Owner-Occupants seeking lifestyle value or Buy-and-Hold Investors targeting a premium Redwood Shores location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 799 Lakeshore Drive Subject | $1,538,000* List Price | 2 | 2 | 2,056 | $804 | - |
A 781 Mediterranean Lane Sold | $1,815,000 | 2 | 2 | 2,056 | $883 | 0.1 mi |
B 1000 Davit Lane 106 Sold | $1,150,000 | 2 | 2 | 1,235 | $931 | 0.2 mi |
C 300 Baltic Circle 318 Active | $1,168,611 List Price | 3 | 3 | 1,625 | $719 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this townhome is well-maintained and move-in ready but shows clear signs of its age. The kitchen features dated wood cabinetry and older white appliances, while the primary bathroom retains original 1980s-style white tile countertops and brass shower enclosures.
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
Located in the gated Lakeshore community, the property offers a unique lagoon-front lifestyle with access to a private dock for paddleboarding, a clubhouse, pool, and hot tub.
Boasting over 2,000 sq ft, the interior features high ceilings, skylights, and a versatile third room that easily functions as a dedicated home office or guest suite.
The association fee of $810 per month is relatively high, which increases the total monthly carrying cost and may impact affordability for some buyers.
Despite the generous square footage, the property only features two formal bedrooms, which may limit its appeal to larger families compared to traditional three-bedroom homes.
Offering over 2,000 sq ft of resort-like living in the gated community of Lakeshore in sought-after Redwood Shores neighborhood with top-rated schools, this Mediterranean-inspired modern townhome is built around a lagoon system with a tranquil setting. Inside you are greeted with high ceilings and skylights that bathe the home in natural light. >>>The interior features 2 Bedrooms + a versatile 3rd room which >>> easily transforms to a dedicated home office, creative studio, TV room, or guest space. Two full bathrooms include primary bedroom en-suite, and hall bath with shower over tub. The extra spacious primary suite is a true retreat offering enough scale for a private sitting area or workspace, alongside an ensuite bathroom with double sink vanity, a soaking tub, and separate stall shower. **Living here feels like a permanent vacation! The gated clubhouse has a pool, hot tub, social room, shower, restrooms; and for those who love the water, you'll have access to a dock for launching your paddleboard or canoe to explore the lagoons. OPEN HOUSES SAT & SUN.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.5 mi
Grades K-5 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 1.8 |
| Square foot | 2,056 | 1,231.444 |
| Lot Size | - | 30,857 |
| Price | $1.54M | $964.6K |
| Price per sq ft | $748 | $764 |
| Built year | 1989 | 1990 |
| HOA | $810.0 | $671 |
| Days on market | 2 | 55 |
Sep 7, 2026
$1,538,000
Initial Listing
Nov 21, 2007
$850,000
Public Record
Dec 21, 2004
$810,000
Public Record
Jun 29, 2000
$591,000
Public Record