815 Rigel Lane, Foster City, California 94404, Foster City, 94404 - 2 bed, 2 bath
Loading property details...
Foster City, California 94404
This Single Family Residence represents a Strong Value Opportunity, listed at $1,148,000—positioned well below the $1,124,543 Fair Market Value by -2%. Featuring a Condition Rating of 4, the home offers a functional layout with a Granite Kitchen and Private Patio, though it invites cosmetic updates to maximize long-term appreciation. Located in the top-tier San Mateo-Foster City School District near Foster City Elementary (9/10), this property balances lifestyle with financial stability. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 815 Rigel Lane Subject | $1,098,000* List Price | 2 | 2 | 1,320 | $832 | - |
A 339 Catamaran Street Sold | $1,375,000 | 3 | 3 | 1,580 | $870 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the property shows signs of mid-aged renovations (granite countertops, double-pane windows) likely performed 15-25 years ago. While functional and well-maintained, the kitchen cabinets, mismatched appliances, and carpeting are dated and will require cosmetic updates to meet modern standards.
Elementary School: Foster City Elementary School (9/10).
Situated in the desirable Edgewater community, the property is within walking distance of the Foster City Lagoon and zoned for top-rated schools, including Foster City Elementary which boasts a 9/10 rating.
As a corner residence, the home benefits from increased privacy and natural light, featuring an open-concept floor plan and a spacious private patio that extends the living space outdoors.
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 61 days on the market and a recent $100,000 price reduction, the property may be facing challenges regarding its initial valuation or current market competition.
The 1.5-bathroom layout for a 1,320-square-foot home may be a deterrent for buyers who require two full bathrooms for families or guests.
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 | 2.0 |
| Square foot | 1,320 | 1,871 |
| Lot Size | 1,759 | 6,394 |
| Price | $1.10M | $2.45M |
| Price per sq ft | $832 | $1.1K |
| Built year | 1972 | 1966 |
| HOA | $500.0 | $261 |
| Days on market | 91 | 33 |
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