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974 Peninsula Avenue, San Mateo, California 94401, San Mateo, 94401 - 3 bed, 3 bath

974 Peninsula Avenue, San Mateo, California 94401 home-pic-0
ACTIVE$1,095,000
974 Peninsula Avenue, San Mateo, California 94401
3Beds
3Baths
1,394Sqft
Lot
Year Built
1965
Close
-
List price
$1.09M
Original List price
$1.2M
Price/Sqft
$786
HOA
$1,043
Days on market
-
Sold On
-
MLS number
ML82008322
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.09M(71th), sqft - 1394(50th), beds - 3(57th), baths - 3(50th).

Welcome to 974 Peninsula Avenue, a stunning, move-in ready 3-bedroom, 2.5-bathroom end unit townhouse nestled in the sought-after Woodlake complex in San Mateo. Boasting a spacious and thoughtfully updated interior, this home features an open-concept layout with stylish finishes throughout. Enjoy the convenience of in-unit laundry with a washer and dryer, along with a rare enclosed private patio, perfect for relaxing, entertaining, or creating your own urban garden oasis. The modern kitchen and bathrooms have been tastefully remodeled, offering both comfort and elegance. Located in the heart of the beautifully landscaped Woodlake community, residents enjoy access to exceptional amenities including multiple swimming pools, tennis courts, fitness centers, a clubhouse, and serene walking paths surrounded by peaceful ponds and lush greenery. Just minutes from downtown San Mateo, Burlingame, Caltrain, SFO, and major freeways, this home offers the perfect blend of tranquility, convenience, and resort-style living. Don't miss the opportunity to own this rare 3-bedroom gem in one of the Peninsulas most coveted communities!

Nearby schools

4/10
San Mateo Park Elementary School
Public,•K-5•1.1mi
2/10
Horrall Elementary School
Public,•K-5•1.8mi
6/10
Baywood Elementary School
Public,•K-5•2.0mi
5/10
Meadow Heights Elementary School
Public,•K-5•3.1mi
5/10
Beresford Elementary School
Public,•K-5•3.2mi
4/10
Laurel Elementary School
Public,•K-5•3.8mi
7/10
Bayside S.T.E.M. Academy
Public,•6-8•2.3mi
6/10
Borel Middle School
Public,•6-8•2.3mi
4/10
Abbott Middle School
Public,•6-8•3.9mi
7/10
San Mateo High School
Public,•9-12•0.4mi

Price History

Date
Event
Price
11/20/25
Price Change
$1,095,000-6.0%
10/02/25
Price Change
$1,165,000-2.9%
05/25/25
Listing
$1,200,000
Condition Rating
Excellent
Despite being built in 1965, the property has undergone an extensive and tasteful renovation, as evidenced by the 'thoughtfully updated interior' and 'modern kitchen and bathrooms' mentioned in the description. The images showcase a contemporary kitchen with flat-panel cabinetry, quartz countertops, stainless steel appliances, and modern fixtures. Throughout the home, there is new light wood flooring, sleek black hardware, modern light fixtures, and a stylish metal staircase railing. All visible components appear new or virtually new, meeting current quality standards and indicating a recent, comprehensive renovation within the last 5 years, making it move-in ready with no deferred maintenance.
Pros & Cons

Pros

Move-in Ready & Modern Updates: The townhouse is described as 'stunning, move-in ready' with a 'thoughtfully updated interior' and 'modern kitchen and bathrooms' that have been tastefully remodeled, offering immediate comfort and elegance.
Exceptional Community Amenities: Residents enjoy access to a wide array of resort-style amenities within the Woodlake complex, including multiple swimming pools, tennis courts, fitness centers, a clubhouse, and serene walking paths.
Prime Location & Accessibility: The property boasts a highly desirable location, just minutes from downtown San Mateo, Burlingame, Caltrain, SFO, and major freeways, offering excellent connectivity and convenience.
Private Enclosed Patio: A rare enclosed private patio provides valuable outdoor living space, perfect for relaxation, entertaining, or creating a personal urban garden oasis.
End Unit Advantage: As an end unit townhouse, it typically offers more privacy, fewer shared walls, and potentially more natural light compared to interior units.

Cons

High Monthly Association Fee: The significant monthly association fee of $1,043 can add a substantial recurring cost to homeownership, potentially impacting affordability and buyer interest.
History of Price Reductions: The property has undergone multiple price reductions from its original list price of $1.2M to the current $1.095M, which may suggest challenges in market valuation or buyer demand at previous price points.
Age of Building Structure: Built in 1965, while the interior is updated, the underlying building structure is older, which could lead to concerns about the condition of non-renovated systems or potential future maintenance costs associated with an aging complex.

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