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831 Balboa Lane, Foster City, California 94404, Foster City, 94404 - 2 bed, 2 bath

831 Balboa Lane, Foster City, California 94404 home-pic-0
ACTIVE$1,249,888
831 Balboa Lane, Foster City, California 94404
2Beds
2Baths
1,490Sqft
305,464.5Lot
Year Built
1975
Close
-
List price
$1.25M
Original List price
$1.3M
Price/Sqft
$839
HOA
$955
Days on market
-
Sold On
-
MLS number
ML82024105
Home ConditionExcellent
Features
Deck
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.25M(78th), sqft - 1490(78th), beds - 2(50th), baths - 2(50th).

Welcome to a beautifully refreshed & exceptionally spacious one-level condo in Foster City's highly sought-after The Islands community. Just steps from the tranquil lagoon & Bay Trail, this home offers the perfect balance of comfort, elegance, & proximity to the water. The open-concept layout is filled w/ natural light & designed for effortless indoor-outdoor living, featuring two inviting balconies, one extending from the main living area & another off the primary suite, ideal for relaxation or entertaining. Thoughtful upgrades by the current owners elevate both style & functionality: freshly painted interiors, a new induction cooktop & Samsung refrigerator, custom wooden shutters throughout, ceiling fans in both bedrooms, & a custom built-in sideboard in the dining area. The balcony has been freshly painted, & the garage upgraded w/ epoxy flooring & extra space for storage. A new dishwasher completes the updates for a truly move-in-ready experience. Residents enjoy resort-style amenities including a pool, spa, clubhouse, & kayak storage, all within minutes of top-rated Foster City schools, Leo J. Ryan Park, Bridgepointe Shopping Center, & major commuter routes offering easy access to Silicon Valley, San Francisco, & the East Bay. The best of Foster City's waterfront lifestyle.

Nearby schools

9/10
Foster City Elementary School
Public,•K-5•0.5mi
6/10
Audubon Elementary School
Public,•K-5•1.2mi
7/10
Bowditch Middle School
Public,•6-8•1.3mi
7/10
San Mateo High School
Public,•9-12•3.7mi

Price History

Date
Event
Price
10/31/25
Price Change
$1,249,888-3.8%
10/07/25
Listing
$1,299,888
Condition Rating
Excellent
Despite being built in 1975, this condo unit has undergone extensive and recent renovations, aligning with the 'extensively renovated within 5 years' criteria for an excellent score. The kitchen features new stainless steel appliances (induction cooktop, Samsung refrigerator, dishwasher), modern two-tone cabinetry, dark countertops, and a subway tile backsplash, all meeting current quality standards. Throughout the unit, there are new dark hardwood floors, freshly painted interiors, contemporary light fixtures, custom wooden shutters, and stylish wainscoting, giving it a virtually new and move-in ready feel. While the building itself is older, the interior unit's condition, style, and features are top-tier.
Pros & Cons

Pros

Great Schools: Elementary School: Foster City Elementary School (9/10).
Exceptional Location & Accessibility: The condo is ideally situated in Foster City's sought-after 'The Islands' community, steps from the tranquil lagoon and Bay Trail, and minutes from top-rated schools, shopping, parks, and major commuter routes to Silicon Valley and San Francisco.
Extensive Recent Upgrades: The property boasts numerous thoughtful upgrades, including freshly painted interiors, new kitchen appliances (induction cooktop, Samsung refrigerator, dishwasher), custom wooden shutters, ceiling fans, and garage epoxy flooring, ensuring a move-in-ready experience.
Resort-Style Community Amenities: Residents benefit from access to resort-style amenities such as a pool, spa, clubhouse, and kayak storage, enhancing the lifestyle and recreational opportunities.
Spacious & Bright Open-Concept Layout: This is an exceptionally spacious one-level condo featuring an open-concept layout, abundant natural light, and two inviting balconies, perfect for effortless indoor-outdoor living.
Integrated Waterfront Lifestyle: The property offers direct access to the tranquil lagoon and Bay Trail, complemented by dedicated kayak storage, providing a desirable waterfront living experience.

Cons

High Monthly Association Fees: The substantial monthly association fee of $955.0 significantly adds to the overall cost of ownership and should be factored into long-term budgeting.
Older Building Construction: Built in 1975, the underlying building structure and common area systems are older, which may lead to higher maintenance costs or potential special assessments in the future, despite interior unit upgrades.
Recent Price Reduction: The property has recently undergone a price reduction from its original listing, which could suggest initial overpricing or market resistance at the higher price point.

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