
San Mateo, California 94402
This Classic Baywood Knolls Residence is a Strong Value Opportunity, listed at $2,598,000—positioned well below the $2,838,344 Fair Market Value by 8%. This valuation gap provides $240,344 in Instant Equity. Boasting a Condition Rating of 2, the home features a modernized kitchen, refinished hardwood floors, and a landscaped backyard with serene Bay views. The versatile floor plan includes a lower-level fourth bedroom, perfect for guests or a home office. Located near highly regarded public schools and downtown, this is an exceptional acquisition for Owner-Occupants or growing families seeking immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 811 Nevada Avenue Subject | $2,598,000* List Price | 4 | 2 | 2,170 | $1,308 | - |
A 33 Seville Way Sold | $3,050,000 | 3 | 3 | 2,380 | $1,282 | 0.9 mi |
B 866 Parrott Drive Sold | $2,720,000 | 3 | 2 | 1,908 | $1,426 | 0.2 mi |
C 705 Melissa Court Sold | $3,210,000 | 4 | 3 | 2,414 | $1,330 | 0.4 mi |
D 229 Aragon Boulevard Pending | $3,088,000 List Price | 4 | 3 | 2,340 | $1,320 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1942, the property has been beautifully refreshed with a modern kitchen featuring stainless steel appliances, updated bathrooms, and refinished hardwood floors. The inclusion of recessed lighting and contemporary finishes indicates a high-quality renovation likely within the last 5 years, making it move-in ready with no maintenance needed.
Situated in the prestigious Baywood Knolls neighborhood, the property offers access to a highly regarded public school system and close proximity to downtown San Mateo and walking paths.
The expansive family room features French doors that open to a landscaped backyard with a patio and serene Bay views, creating a seamless flow for entertaining.
The inclusion of a fourth bedroom and full bath on the lower level provides excellent flexibility for a guest suite, home office, or multi-generational living arrangement.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2170, other record living area = 1930. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
For a four-bedroom residence at this price point, having only two full bathrooms may be a drawback for larger families or buyers seeking modern luxury standards.
While described as bright and inviting, the kitchen's original 1940s-era scale may require a significant remodel to meet the expectations of contemporary gourmet buyers.
Spacious, bright, and beautifully refreshed, this classic Baywood Knolls home offers an ideal floor plan filled with natural light. A formal entryway welcomes you into a light-filled, expansive living room featuring multiple windows, rich wood floors, and a stunning stone fireplace. The ample formal dining room is perfect for entertaining, while the enormous family room boasts French doors that open seamlessly to the backyard for indoor-outdoor living. The sweet kitchen overlooks the yard, creating a bright and inviting space. Upstairs, you'll find three bedrooms and a full bath. The primary bedroom enjoys beautiful light and lovely views. The second bedroom showcases stylish designer wallpaper, and the third bedroom is bright and fresh. The full bath includes both a tub and separate shower stall. The lower level features a fourth bedroom, full bath, and a convenient laundry room. The landscaped backyard is complete with a patio, large lawn area, and serene Bay views. Nestled in a beautiful, calm San Mateo neighborhood, the home is conveniently located near downtown, walking paths, and lush greenery, and is served by a highly regarded public school system.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 2,170 | 1,908 | 56% |
| Lot Size | 6,300 | 6,497 | 46% |
| Price | $2.60M | $2.75M | 44% |
| Price per sq ft | $1.2K | $1.4K | 14% |
| Built year | 1942 | 1952 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 124 | 2% |
Apr 17, 2026
$2,598,000
Initial Listing
Apr 26, 2019
$2,175,000
Public Record