
Foster City, California 94404
This Stunning Waterfront Resort-Style Residence is a High-Potential Investment Opportunity, listed at $1,600,000—positioned well below the $1,680,522 Fair Market Value by 4%. This valuation gap offers $80,522 in Instant Equity. Boasting a Condition Rating of 3, the interior features a remodeled granite kitchen, soaring vaulted ceilings, and a private lagoon-front deck. Located near the top-rated Foster City Elementary (9/10), this home balances lifestyle luxury with financial upside. It is ideal for Owner-Occupants or Professionals seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 830 Balboa Subject | $1,600,000* List Price | 3 | 3 | 2,140 | $742 | - |
A 860 Meridian Bay Lane 243 Sold | $1,128,000 | 3 | 2 | 1,606 | $702 | 0.5 mi |
B 860 Meridian Bay Lane 135 Sold | $1,151,000 | 3 | 2 | 1,606 | $717 | 0.5 mi |
C 729 Eppleton Lane 303 Sold | $1,475,000 | 3 | 2 | 1,721 | $857 | 0.4 mi |
D 720 Promontory Point Ln 2205 Sold | $1,415,000 | 2 | 3 | 2,224 | $636 | 0.8 mi |
E 708 Eppleton Lane 204 Sold | $1,399,000 | 3 | 2 | 1,653 | $846 | 0.4 mi |
F 816 Balboa Lane Active | $1,399,000 List Price | 2 | 3 | 1,780 | $786 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1975 but features a tasteful remodel including granite countertops, stainless steel appliances, and updated flooring. The kitchen and living areas appear well-maintained and move-in ready, consistent with a 5-15 year renovation age.
Elementary School: Foster City Elementary School (9/10).
This property features a prime lagoon-front position with a private deck, offering breathtaking water views and a resort-like living experience in the sought-after 'The Islands' community.
As the largest floor plan available (2,140 sqft), the home offers an open layout with soaring vaulted ceilings, multiple skylights, and tasteful remodels including granite countertops and stainless steel appliances.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3067, other record lot size in square feet = 305463.
The monthly HOA fee of $975 is relatively high, which significantly increases the monthly carrying costs and may impact the purchasing power of some buyers.
Built in 1975, the property may have aging infrastructure or original systems behind the cosmetic updates that could require future maintenance or capital improvements.
Resort living in stunning 3BR waterfront beauty in award winning signature community in Foster City! Drenched with sunlight in every room of this primely located largest floor plan E on The Islands. Open floor plan filled with amazing natural light, 3BR/2.5BA, 2140sqft. Tastefully remodeled with granite countertops, stainless steel kitchen appliances, elegant floor, marble fireplace. Soaring high ceiling and skylight in dining area. Second skylight in master bathroom. Vaulted ceiling in spacious master suite. Deck leads to atheistic garden and breathtaking lagoon. 2-car garage and plenty of storage on deck and in garage. Resort like association pool, spa and clubhouse. HOA pays water and sewer, garbage, building insurance. A dream home to enjoy!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.2 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,140 | 1,546.5 |
| Lot Size | 3,067 | 312,153 |
| Price | $1.60M | $936.9K |
| Price per sq ft | $748 | $660 |
| Built year | 1975 | 1979 |
| HOA | $975.0 | $930 |
| Days on market | 113 | 52 |
Mar 31, 2026
$1,600,000
Initial Listing
Oct 30, 2008
$818,000
Public Record
Feb 20, 2002
$615,000
Public Record