948 Peninsula Avenue, San Mateo, California 94401, San Mateo, 94401 - 2 bed, 2 bath
948 Peninsula Avenue
San Mateo, California 94401
Property Price
SUMMARY
Analysis of 948 Peninsula Avenue, San Mateo, California 94401 is currently available with a list price of $929,000. 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 San Mateo 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 shows pride of ownership with several modern updates. While originally built in 1965, the home features a renovated kitchen with stainless steel appliances and stone countertops, updated bathrooms with a skylight, and energy-efficient double-pane windows. The flooring, consisting of engineered wood and carpet, appears well-maintained. It meets the 'good' criteria as major systems are functional and the interior has been updated to contemporary standards without being a brand-new or total gut renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location and Accessibility
Ideally situated near Burlingame Avenue, this property offers exceptional walkability to premium shops and restaurants, along with convenient access to major highways and public transportation for easy commuting.
- Extensive Community Amenities
The residence provides a resort-style lifestyle with access to a comprehensive suite of amenities, including a gym, pool, spa, tennis courts, clubhouse, and a putting green, directly accessible from the private patio.
- Modern Interior Enhancements
The home features valuable upgrades such as energy-efficient double-pane windows, central heating, and a primary suite retreat with a skylight, ensuring a comfortable and light-filled living environment.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =694, other record lot size in square feet = 1114920.
- High Monthly Association Fees
The monthly HOA fee of $885 is significantly high, which may impact the overall affordability and appeal for budget-conscious buyers despite the extensive amenities provided.
- Limited Full Bathroom Count
With only one full bathroom serving both upstairs bedrooms, the layout may present a challenge for households requiring more privacy or convenience for guests and residents.
About 948 Peninsula Avenue
Welcome to this charming San Mateo residence offering a blend of comfort and convenience. With 1,152 sq ft of living space, this home boasts two spacious bedrooms upstairs, including a primary suite retreat, and one full bathroom upstairs with modern updates and a skylight for natural light. The kitchen is fully equipped with a suite of appliances, including an electric cooktop, dishwasher, refrigerator, washer & dryer, making it a delight. The dining area merges seamlessly with the living room, providing a cozy space to relax by the fireplace. Half bath located near entrance. Flooring includes carpet, engineered wood, and tile, catering to various tastes. Enjoy community amenities such as a gym, pool, spa, tennis courts, clubhouse, and putting green. Pool access from private patio. This property is ideal for those seeking a vibrant San Mateo lifestyle. Close to Burlingame Ave, shops, parks, restaurants, transportation, highway access. Additional features include central heating and energy-efficient double pane windows. What a great opportunity!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1965
- Lot Size
- 694 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $885.0 / Month
Neighborhood Insights
San Mateo Unified Schools
San Mateo Park Elementary School
Grades K-5 • 1.1 mi
Horrall Elementary School
Grades K-5 • 1.8 mi
Baywood Elementary School
Grades K-5 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,152 | 1,152 | 50% |
| Lot Size | 694 | 347 | 50% |
| Price | $929.0K | $934.5K | 50% |
| Price per sq ft | $806 | $811 | 50% |
| Built year | 1965 | 1978 | 50% |
| HOA | $885.0 | $742 | 50% |
| Days on market | 9 | 85 | 25% |
Pricing History
Listed for Sale
Feb 26, 2026
$929,000
Initial Listing
Sold
Feb 22, 2022
$885,000
Public Record