
Foster City, California 94404
Analysis of 815 Rigel Lane, Foster City, California 94404 is currently available with a list price of $1,060,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Foster City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1972, this property is well-maintained but dated. The kitchen features granite countertops and the home has double-pane windows, indicating some past renovations, likely 15-25 years ago. However, the cabinetry, appliances, carpet, and bathroom fixtures are aged and require cosmetic updates to meet modern standards.
Elementary School: Foster City Elementary School (9/10).
Situated in the desirable Edgewater community, the property offers excellent proximity to the Foster City Lagoon and access to top-rated schools, including Foster City Elementary.
This corner residence features an open-concept layout with granite countertops, double-pane windows for energy efficiency, and the significant convenience of a 2-car attached garage.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1759, living area = 1320.
With 132 days on the market, the property has faced a prolonged listing period, which may lead to buyer hesitation or concerns regarding its marketability.
The 1.5-bathroom layout may be a drawback for modern buyers who typically expect two full bathrooms in a two-bedroom residence of this square footage.
Welcome to this inviting corner residence in the highly desirable Edgewater community of Foster City. Offering a thoughtfully designed living space, this home features 2 bedrooms and 1.5 bathrooms. The open-concept layout seamlessly connects the family room, dining area, and kitchen, creating an ideal space for both everyday living and entertaining. The kitchen features granite countertops, ample cabinet storage, a workstation area, and an eat-in dining area that leads to a patio. Enjoy a warm and comfortable living room highlighted by a wood-burning fireplace, along with modern conveniences such as central heating, double-pane windows for energy efficiency, and in-unit laundry with washer and dryer. Interior finishes include a blend of carpet, tile, and hardwood flooring throughout. Step outside to a spacious private patio, perfect for relaxing or entertaining. The home also includes a 2-car attached garage. Residents of Edgewater enjoy access to a community pool and beautifully maintained grounds. Ideally located near shopping, dining, parks, scenic bike paths, and the Foster City Lagoon, this home is also within the sought-after San Mateo-Foster City School District.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,320 | 1,936.563 |
| Lot Size | 1,759 | 5,674.313 |
| Price | $1.06M | $2.23M |
| Price per sq ft | $803 | $1.1K |
| Built year | 1972 | 1966 |
| HOA | $500.0 | $220 |
| Days on market | 140 | 35 |
Aug 22, 2026
$1,060,000
$1,098,000
-3% Price Drop
Initial Listing
Jul 10, 2026
$1,098,000
$1,148,000
-4% Price Drop
Initial Listing
May 3, 2026
$1,148,000
$1,248,000
-8% Price Drop
Initial Listing
Apr 22, 2026
$1,248,000
Initial Listing
Jun 8, 2001
$449,000
Public Record
Aug 30, 1996
$215,000
Public Record