1 Baldwin 417, San Mateo, California 94401, San Mateo, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$450,000
1 Baldwin 417, San Mateo, California 94401
2Beds
2Baths
1,429Sqft
1,429Lot
Year Built
1971
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
-
HOA
$7,759
Days on market
385 Days
Sold On
2025-11-07
MLS number
ML81984246
Home ConditionGood
Features
Good View: Hills
Deck
ViewHills

About this home

Luxury Living with this Large Remodeled Condo at The Peninsula Regent. 60+ years and older with gourmet meals and activities and a social life for all. This home is move in ready and has been updated for your enjoyment. Gleaming hardwood floors and carpet in the bedrooms. Extensive built-ins and plantation shutters throughout. Stainless Steal kitchen appliances. Large walk In closet . Great location walking to downtown and the train. Buyers must meet financial and medical guidelines. $7759 monthly for one person and $10,038 for two..but this includes meals, fitness classes, recreation, indoor pool, maintenance for the appliances, excursions and limited free transportation. Live the Lifestyle you have earned! Cash purchase only. Virtual Staging in place. Seller is offering to pay first 6 months of HOA at a maximum of $7759 per month.

Nearby schools

4/10
San Mateo Park Elementary School
Public,K-50.9mi
6/10
Borel Middle School
Public,6-81.1mi
7/10
San Mateo High School
Public,9-120.8mi

Price History

Date
Event
Price
10/18/24
Listing
$450,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (37 Listings)
Beds22
50%
Baths22
50%
Square foot1,429971
82%
Lot Size1,4290
3%
Price$450K$563K
34%
Price per square foot$315$709.5
24%
Built year19719910992
34%
HOA$7,759$800.5
87%
Days on market384195
89%
Condition Rating
Good

Although built in 1971, the listing explicitly states the condo is 'Remodeled' and 'updated for your enjoyment,' making it 'move-in ready.' The presence of 'gleaming hardwood floors,' 'plantation shutters,' and 'Stainless Steel kitchen appliances' indicates a significant and relatively recent renovation, likely within the last 5-15 years. While no direct images of the unit's kitchen or bathrooms are provided, the description and the pristine condition of the common areas (dining room, gym) suggest a high standard of maintenance throughout the property. The carpets in the bedrooms appear clean, albeit virtually staged. This aligns well with the 'Good' criteria of being move-in ready with well-maintained systems and recent updates.
Pros & Cons

Pros

Comprehensive Senior Living Amenities: The property offers an all-inclusive luxury senior living experience with gourmet meals, fitness classes, recreation, an indoor pool, appliance maintenance, excursions, and limited free transportation.
Prime Walkable Location: Situated in a highly desirable area, the condo is within walking distance to downtown San Mateo and the train station, offering excellent convenience and accessibility.
Extensively Remodeled & Updated: The condo is move-in ready, featuring gleaming hardwood floors, stainless steel kitchen appliances, extensive built-ins, and plantation shutters throughout.
Seller Incentive: The seller is offering to cover the first 6 months of the substantial monthly association fees, providing a significant financial benefit to the buyer upon move-in.
Luxury Interior Features: The unit boasts high-end finishes and practical luxury with extensive built-ins, plantation shutters, and a large walk-in closet, enhancing comfort and aesthetic appeal.

Cons

High Monthly Fees: The monthly association fee is exceptionally high ($7,759 for one person, $10,038 for two), which, despite included services, represents a significant ongoing financial commitment.
Age and Buyer Restrictions: The property is exclusively for individuals 60+ years old, and buyers must meet stringent financial and medical guidelines, severely limiting the eligible buyer pool.
Cash Purchase Only: The requirement for a full cash purchase restricts potential buyers by excluding those who rely on traditional mortgage financing, further narrowing market appeal.

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