138 Rosewood Lane, San Mateo, California 94402, San Mateo, 94402 - 4 bed, 5 bath
ACTIVE$3,150,000
138 Rosewood Lane, San Mateo, California 94402
4Beds
5Baths
4,000Sqft
9,800Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Panoramic Views: The property offers 'top of the world' panoramic views stretching from the Bay to San Francisco and the lake, providing a highly desirable and valuable aesthetic.
Top Cons:
Significant Additional Investment Required: This is a vacant lot, requiring substantial construction costs (estimated at $625 per square foot) on top of the purchase price, leading to a very high total project cost.
Compared to the nearby listings
Price:$3.15M vs avg $2.60M (+$551,000)70%
Size:4,000 sqft vs avg 1,870 sqft98%
Price/sqft:$788 vs avg $1.3K2%
More Insights
Built in 2025 (0 years old).
Condition: This listing is for a vacant lot with a 'Year Built' of 2025, indicating a future new construction. The property is described as a 'building pad ready' site for a custom 'dream home' with all construction documents prepared. While there is no existing structure to evaluate for kitchen, bathroom, or other interior conditions, the score reflects the excellent potential and readiness for a brand new, custom-built home that will meet the highest current quality standards upon completion.
Year Built
2025
Close
-
List price
$3.15M
Original List price
$3.4M
Price/Sqft
$788
HOA
$470
Days on market
-
Sold On
-
MLS number
ML82016214
Home ConditionExcellent
Features
Excellent View:
View-
About this home
Welcome to 138 Rosewood Lane, a rare opportunity in the exclusive Bel Aire Heights community of San Mateo Hills. Build. your dream home, all construction documents are completed and file is ready to be submitted to the county for permits. This property is nearly flat lot on the top of the world. Panoramic views from Bay to San Francisco to the lake. Great proximity to SF and Palo Alto through 280. Building pad ready for you to build your dream home, 700 feet above sea level. The lot can accommodate a home from 4000 sq ft up to 6500 sq ft, plus an ADU which can be used as your remote office while you take in the panoramic views. We have preliminary plans for a 4000 sq ft and 5000 sq ft home for you to leverage your design. Builder/Developer will build home of your dreams at 625 per foot. This is a wonderful opportunity to have the home of your dreams
Condition Rating
Excellent
This listing is for a vacant lot with a 'Year Built' of 2025, indicating a future new construction. The property is described as a 'building pad ready' site for a custom 'dream home' with all construction documents prepared. While there is no existing structure to evaluate for kitchen, bathroom, or other interior conditions, the score reflects the excellent potential and readiness for a brand new, custom-built home that will meet the highest current quality standards upon completion.
Pros & Cons
Pros
Exceptional Panoramic Views: The property offers 'top of the world' panoramic views stretching from the Bay to San Francisco and the lake, providing a highly desirable and valuable aesthetic.
Prime Location & Exclusivity: Situated in the exclusive Bel Aire Heights community of San Mateo Hills, it boasts excellent proximity to both San Francisco and Palo Alto via I-280.
Development-Ready & Streamlined Process: All construction documents are completed and ready for permit submission, with a nearly flat building pad, significantly reducing initial development hurdles.
Customization & Size Flexibility: Offers the unique opportunity to build a custom dream home ranging from 4000 sq ft up to 6500 sq ft, allowing for personalized design and ample space.
ADU Potential & Remote Work: The lot can accommodate an Accessory Dwelling Unit (ADU), providing flexibility for guest quarters, potential rental income, or a dedicated remote office with inspiring views.
Cons
Significant Additional Investment Required: This is a vacant lot, requiring substantial construction costs (estimated at $625 per square foot) on top of the purchase price, leading to a very high total project cost.
Extended Timeline for Occupancy: Buyers must anticipate a lengthy and complex process for permit approval and construction, delaying immediate occupancy and requiring significant project management.
Ongoing Association Fees for Vacant Land: An association fee of $470.0 is applicable even before construction begins, adding an ongoing cost to a non-income-generating asset.