803 Lakeshore Drive, Redwood City, California 94065, Redwood City, 94065 - 3 bed, 3 bath
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Redwood City, California 94065
This Mediterranean-inspired Townhouse represents a Strong Value Opportunity, listed at $1,648,000—positioned well below the $1,812,346 Fair Market Value by 9%. This valuation gap provides $164,346 in Instant Equity. With a Condition Rating of 3, the home features modern renovations and tranquil lagoon views. Located in a top-tier district with 9/10 rated schools, this property offers a resort-style lifestyle near major tech hubs. It is an ideal acquisition for Owner-Occupants seeking luxury or Buy-and-Hold Investors targeting high-demand Silicon Valley rentals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 803 Lakeshore Drive Subject | $1,648,000* List Price | 3 | 3 | 1,996 | $908 | - |
A 856 Lakeshore Drive Sold | $1,680,000 | 3 | 2 | 1,996 | $842 | 0.0 mi |
B 104 Mendocino Way Sold | $1,900,000 | 3 | 3 | 1,874 | $1,014 | 0.2 mi |
C 843 Columbia Circle Sold | $1,925,000 | 3 | 3 | 1,800 | $1,069 | 0.4 mi |
D 832 Sovereign Way Sold | $1,388,000 | 2 | 2 | 1,513 | $917 | 0.3 mi |
E 583 Shoal Circle Active | $1,248,000 List Price | 2 | 3 | 1,425 | $876 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1989 (>30 years old), the property shows evidence of a comprehensive renovation within the last 5-15 years. Interior highlights include updated light wood flooring, modern lighting fixtures, and renovated bathrooms with contemporary stone countertops and white cabinetry. The home is well-maintained and move-in ready.
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
Situated in the gated Lakeshore community, this lagoon-front property offers a tranquil resort-style lifestyle with scenic water views and immediate access to major Silicon Valley tech hubs.
The home is served by the highly-rated Belmont/Redwood Shores school district, including Carlmont High and Ralston Intermediate, providing exceptional educational value.
The association fee of $810 per month is significant and may impact the overall affordability and debt-to-income ratio for some buyers.
Built in 1989, the home features a spiral staircase and older layout trends that may require additional capital investment for modern cosmetic renovations.
Great opportunity to own this elegant Mediterranean-inspired, spacious 3BR/2.5BA townhome in the gated 'Lakeshore' community surrounded by a tranquil system of lagoons, and start experiencing the essence of resort-style living! * A peaceful retreat perfectly located for easy commute to SF or the Silicon Valley, and big companies like Google, Meta, Amazon, and Nvidia, to name a few. * Property Highlights >>> Private walkway to formal entry (lives like a single-family home), attached 2-car garage, high ceilings, living room with access to a patio with lagoon views, kitchen with breakfast area, a spiral staircase leading to a primary suite with full bath, 2 add'l bedrooms, both with access to a balcony. * Community clubhouse with gated pool & spa located next to a wide water lagoon. * Highly rated public Belmont/Redwood Shores schools. Day-to-day necessities are all nearby. * Whether you're looking for a sophisticated home base near major employers or a scenic waterside escape, this property delivers the best of both worlds. * Join us at our open house or reach out for a private tour to experience this lagoon-front lifestyle firsthand. Cheers!
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 | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,996 | 1,720 |
| Lot Size | - | 1,028 |
| Price | $1.65M | $1.34M |
| Price per sq ft | $826 | $812 |
| Built year | 1989 | 1989 |
| HOA | $810.0 | $550 |
| Days on market | 27 | 49 |
Jun 25, 2026
$1,648,000
Initial Listing
Nov 9, 2022
$1,775,000
Public Record