880 Meridian Bay Lane 115, Foster City, California 94404, Foster City, 94404 - 2 bed, 2 bath
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880 Meridian Bay Lane 115
Foster City, California 94404
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,245Sq Ft
0Lot Size
Property Price
LIST PRICE$959,000
EST. MARKET VALUE
$936,698
SUMMARY
This 2-Bedroom Condominium represents a High-Potential Investment Opportunity, listed at $959,000—positioned slightly above the $936,698 Fair Market Value. While the property requires minor cosmetic updates, its Condition Rating of 4 reflects a well-maintained interior. Residents enjoy premium community amenities, including a pool, clubhouse, and gym, alongside a prime commuter location near Hwy 101 and 92. With proximity to Bayside S.T.E.M. Academy, this residence balances lifestyle convenience with long-term value. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic entry into Foster City.
Estimated Market Value
$936,698
Based on Realkey algorithm analyzing recent comparable sales in Foster City.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 880 Meridian Bay Lane 115 Subject 2 bd · 2 ba · 1,245 sqft · $752 | $959,000* List Price | 2 | 2 | 1,245 | $752 | - |
A 880 Meridian Bay Lane 310 Sold 2 bd · 2 ba · 1,350 sqft · $801 · 0.0 mi | $1,081,000 | 2 | 2 | 1,350 | $801 | 0.0 mi |
B 860 Meridian Bay Lane 342 Sold 2 bd · 2 ba · 1,350 sqft · $800 · 0.1 mi | $1,080,000 | 2 | 2 | 1,350 | $800 | 0.1 mi |
C 860 Meridian Bay Lane 143 Sold 3 bd · 2 ba · 1,606 sqft · $694 · 0.1 mi | $1,115,000 | 3 | 2 | 1,606 | $694 | 0.1 mi |
D 902 Lido Lane Sold 2 bd · 2 ba · 1,270 sqft · $811 · 0.5 mi | $1,030,000 | 2 | 2 | 1,270 | $811 | 0.5 mi |
E 608 Portofino Lane Sold 2 bd · 2 ba · 1,490 sqft · $809 · 0.4 mi | $1,206,000 | 2 | 2 | 1,490 | $809 | 0.4 mi |
F 860 Meridian Bay Lane 243 Sold 3 bd · 2 ba · 1,606 sqft · $702 · 0.1 mi | $1,128,000 | 3 | 2 | 1,606 | $702 | 0.1 mi |
G 1041 Shell Boulevard 11 Sold 2 bd · 2 ba · 1,042 sqft · $683 · 0.9 mi | $711,750 | 2 | 2 | 1,042 | $683 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1998, the property is 28 years old, placing it in the >20y category. While exceptionally well-maintained and staged, the kitchen is dated with laminate countertops, original-style white cabinetry, and older black appliances, meeting the criteria for a home needing minor cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Commuter Location
Situated in the highly desirable Foster City area with immediate access to Highways 101 and 92, this property offers an ideal location for professionals commuting to Silicon Valley or San Francisco.
- Comprehensive Community Amenities
The Meridian Bay community provides premium lifestyle features including a relaxing pool, a fully equipped fitness center, and a sophisticated clubhouse with a kitchen and bar area for entertaining.
- Spacious Modern Layout
Boasting 1,245 square feet, this condo offers a generous floor plan for a two-bedroom unit, characterized by an abundance of natural light and a design tailored for comfortable, modern living.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $875 is relatively high, which significantly increases the recurring carrying costs and may impact the overall affordability for some buyers.
- Mixed School Ratings
While the middle and high schools are well-rated, the assigned elementary school currently holds a lower rating of 4/10, which could be a drawback for families prioritizing top-tier primary education.
About 880 Meridian Bay Lane 115
Welcome Home to this invitingly charming, warm, comfortable and bright 2 Bedroom, 2 Bathroom condo in the highly desirable community of Foster City. Designed for modern living, this delightful residence offers an abundance of natural light and a truly welcoming, cozy atmosphere. Additionally, the community complex offers a relaxing pool with plenty of space to swim and enjoy the water; a club house with fireplace and separate bar area; a kitchen to prepare meals and snacks for entertaining; and a fully equipped gym for workouts. You will also enjoy the ultimate convenience of being just minutes away from local shopping, essential services, vibrant parks and endless recreational activities, with quick, easy access to both Hwy 101 and Hwy 92 for commuting. Surrounded by Foster City's iconic picturesque lagoons, this exceptional home delivers the ultimate blend of comfort, style and premier location. Experience Effortless Modern Living!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1998
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- 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
4/10
Bayside S.T.E.M. Academy
Grades 6-8 • 1.2 mi
7/10
Hillsdale High School
Grades 9-12 • 2.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,245 | 1,357.864 |
| Lot Size | - | 57,799.5 |
| Price | $959.0K | $878.5K |
| Price per sq ft | $770 | $683 |
| Built year | 1998 | 1976 |
| HOA | $875.0 | $866 |
| Days on market | 15 | 55 |
Pricing History
Listed for Sale
Oct 9, 2026
$959,000
Initial Listing
Sold
Aug 17, 2006
$653,000
Public Record
Sold
Mar 7, 2003
$455,000
Public Record
Sold
Jun 9, 2000
$390,000
Public Record
Sold
Jun 4, 1998
$284,681
Public Record