860 Meridian Bay Lane 243, Foster City, California 94404, Foster City, 94404 - 3 bed, 2 bath
860 Meridian Bay Lane 243
Foster City, California 94404
Property Price
SUMMARY
Analysis of 860 Meridian Bay Lane 243, Foster City, California 94404 is currently available with a list price of $1,188,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant interior updates, including an elegantly remodeled kitchen with granite countertops and a remodeled fireplace. Although built in 1999, the addition of LED recessed lighting, dual-pane windows, and well-maintained living spaces meet the criteria for a high-quality, well-maintained home without the need for immediate repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Upgrades
The condo features high-end finishes including a remodeled kitchen with granite countertops, a refreshed fireplace, and LED recessed lighting, offering a move-in-ready executive feel.
- Strategic Peninsula Location
Ideally situated with immediate access to Highways 101 and 92, this property provides an effortless commute to San Francisco and Silicon Valley while being steps from local dining and parks.
- Premium Community Amenities
Residents benefit from a resort-like lifestyle with access to a pool, spa, gym, and clubhouse, plus the convenience of two deeded parking spaces and elevator access.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The association fee of $875 per month is relatively high, which may affect the overall debt-to-income ratio and monthly carrying costs for potential buyers.
- Lower Elementary School Rating
While the middle and high schools are well-rated, the assigned elementary school currently holds a lower rating of 4, which could be a deterrent for families prioritizing early education.
About 860 Meridian Bay Lane 243
Beautiful luxury executive style condo in newer high-end Meridian Bay Community built in 1999! Enjoy one level living with resort like pool and spa, clubhouse with full kitchen and gym. Quiet inside location in the complex and good orientation bringing natural lighting to bedrooms. Contemporary open floor plan with high ceilings. Living room with remodeled fireplace. Elegantly remodeled open kitchen with granite countertops and breakfast bar. Spacious bathrooms. LED recess lights and dual pane windows. Secure building with elevators and 2 deeded parking spaces. HOA pays water, garbage, earthquake insurance. Centrally located on the Peninsula and steps away from various amenities, from shopping, gourmet world cuisine, to Active-life style recreation parks. Easy commute to San Francisco, East Bay and Silicon Valley with access to 101 and 92 freeways.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1999
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $875.0 / Month
Neighborhood Insights
Foster City Unified Schools
Parkside Elementary School
Grades K-5 • 1.1 mi
Bayside S.T.E.M. Academy
Grades 6-8 • 1.2 mi
Hillsdale High School
Grades 9-12 • 2.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 88% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,606 | 1,135.5 | 91% |
| Lot Size | - | - | 50% |
| Price | $1.19M | $822.5K | 88% |
| Price per sq ft | $740 | $713 | 63% |
| Built year | 1999 | 1976 | 91% |
| HOA | $875.0 | $756 | 81% |
| Days on market | 9 | 178 | 3% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,188,000
Initial Listing
Sold
Jun 29, 2012
$550,000
Public Record
Sold
Mar 31, 1999
$424,500
Public Record