803 Balboa Lane, Foster City, California 94404, Foster City, 94404 - 2 bed, 2 bath
ACTIVE$1,080,000
803 Balboa Lane, Foster City, California 94404
2Beds
2Baths
1,490Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Accessibility: Situated in a highly desirable Foster City location, offering proximity to top-rated schools, parks, local dining, shopping, and convenient access to Highways 92/101.
Top Cons:
High Association Fee: The monthly association fee of $955 is substantial and could significantly impact the overall cost of ownership and buyer affordability.
Compared to the nearby listings
Price:$1.08M vs avg $884.0K (+$196,000)69%
Size:1,490 sqft vs avg 1,222 sqft78%
Price/sqft:$725 vs avg $73447%
More Insights
Built in 1975 (50 years old).
Condition: Built in 1975, this property is well-maintained but shows clear signs of being outdated. The kitchen features older white appliances (except for the stainless steel refrigerator), dated white cabinets with black knob hardware, and parquet flooring. Carpeting in the living areas and bedrooms, along with basic light fixtures (e.g., track lighting, flush mounts), further indicate that the property has not undergone a major modern renovation. While functional and clean, significant cosmetic updates, particularly in the kitchen and likely bathrooms, would be required to meet current quality and style standards.
Year Built
1975
Close
-
List price
$1.08M
Original List price
$1.1M
Price/Sqft
$725
HOA
$955
Days on market
-
Sold On
-
MLS number
ML82023866
Home ConditionFair
Features
Good View: Park/Greenbelt
ViewPark/Greenbelt
About this home
Welcome to this highly desirable top-floor, end-unit condo in the charming "Islands" community. This home offers a resort-like lifestyle with an abundance of natural light streaming in through large windows and two skylights. Gather around the cozy gas fireplace in the vaulted-ceiling living room, which opens to a tranquil balcony offering peaceful greenbelt and garden views. The spacious primary suite is a private sanctuary, complete with its own balcony and ensuite bathroom, while a generous second bedroom provides a bright and comfortable space for family or guests. Enjoy the ease of an in-unit laundry and a two-car tandem garage. Community amenities include a sparkling pool, and the prime location puts you near top-rated schools, parks, local dining and shopping and easy access to highways 92/101.
Nearby schools
9/10
Foster City Elementary School
Public,•K-5•0.5mi
6/10
Audubon Elementary School
Public,•K-5•1.2mi
7/10
Bowditch Middle School
Public,•6-8•1.3mi
7/10
San Mateo High School
Public,•9-12•3.7mi
Condition Rating
Fair
Built in 1975, this property is well-maintained but shows clear signs of being outdated. The kitchen features older white appliances (except for the stainless steel refrigerator), dated white cabinets with black knob hardware, and parquet flooring. Carpeting in the living areas and bedrooms, along with basic light fixtures (e.g., track lighting, flush mounts), further indicate that the property has not undergone a major modern renovation. While functional and clean, significant cosmetic updates, particularly in the kitchen and likely bathrooms, would be required to meet current quality and style standards.
Pros & Cons
Pros
Prime Location & Accessibility: Situated in a highly desirable Foster City location, offering proximity to top-rated schools, parks, local dining, shopping, and convenient access to Highways 92/101.
Desirable Unit Features: As a top-floor, end-unit, the condo benefits from abundant natural light through large windows and two skylights, vaulted ceilings, and a cozy gas fireplace.
Private Outdoor Spaces & Views: The property includes two private balconies, one off the living room with tranquil greenbelt and garden views, and another off the spacious primary suite.
Resort-like Community Amenities: Part of the 'Islands' community, residents enjoy a resort-like lifestyle with access to a sparkling community pool.
Convenient In-Unit Amenities: Features include practical in-unit laundry and a private two-car tandem garage, enhancing daily convenience and storage options.
Cons
High Association Fee: The monthly association fee of $955 is substantial and could significantly impact the overall cost of ownership and buyer affordability.
Property Age: Built in 1975, the property is nearly 50 years old, which may imply older systems or potential for future maintenance and renovation needs if not already updated.
Recent Price Reduction: The recent price drop from $1.098M to $1.08M suggests the property may have been initially overpriced or is experiencing challenges in attracting buyers at its original asking price.