401 S Norfolk Street 123, San Mateo, California 94401, San Mateo, - bed, bath

home-pic
ACTIVE$579,000
401 S Norfolk Street 123, San Mateo, California 94401
1Bed
1Bath
734Sqft
Lot
Year Built
2002
Close
-
List price
$579K
Original List price
$649K
Price/Sqft
-
HOA
$675
Days on market
-
Sold On
-
MLS number
ML82014166
Home ConditionGood
Features
Patio
View-

About this home

This charming end-unit condo offers a bright, spacious layout with vaulted ceilings and an abundance of natural light throughout. The open-concept living and dining area is perfect for entertaining, while the kitchen features generous cabinet space and a breakfast bar that comfortably seats four. The spacious bedroom includes ample closet space, and the oversized bathroom features a full tub for your comfort. Enjoy the convenience of in-unit laundry, a private rear patio ideal for morning coffee or evening grilling, and direct street access from your own entrance. Additional highlights include secure garage parking, a large, gated front courtyard that offers a peaceful place to relax, and a Community Room that's perfect for private gatherings. Located within walking distance of shopping, restaurants, and public transit, this home also offers easy access to Hwy 101 and 92 making commuting a breeze. Outdoor enthusiasts will love being just minutes from Bay Trail, Ryder Park, and Mariners Island. Best of all, you're ideally positioned between San Francisco and Silicon Valley, with downtown San Mateo's vibrant dining and amenities right nearby. Don't miss this opportunity to own a beautifully maintained home in an unbeatable location!

Nearby schools

2/10
Horrall Elementary School
Public,K-50.5mi
4/10
Parkside Elementary School
Public,K-51.0mi
7/10
Bayside S.T.E.M. Academy
Public,6-80.9mi
7/10
San Mateo High School
Public,9-121.2mi
8/10
Aragon High School
Public,9-121.7mi

Price History

Date
Event
Price
10/18/25
Price Change
$579,000-3.3%
09/05/25
Price Change
$599,000
07/10/25
Listing
$649,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (37 Listings)
Beds12
39%
Baths11.5
50%
Square foot734968
21%
Lot Size00
Price$579K$577K
50%
Price per square foot$789$711
71%
Built year20029915992
95%
HOA$675$799
45%
Days on market118186
29%
Condition Rating
Good

Built in 2002, this condo is 22 years old, placing it just outside the typical 'Good' age range. However, the property is exceptionally well-maintained, featuring updated laminate wood flooring, fresh paint, and modern stainless steel appliances in the kitchen. The kitchen boasts white shaker-style cabinets and granite countertops, while the bathroom is clean and functional. There are no immediate repairs or renovations required, making it move-in ready. The overall condition, despite its age, aligns with the 'Good' criteria of being well-maintained with minimal wear and tear and some updated components, even without a full recent renovation.
Pros & Cons

Pros

Prime Location & Commuter Access: Ideally positioned between San Francisco and Silicon Valley, with easy access to Hwys 101 & 92, public transit, shopping, restaurants, and downtown San Mateo amenities, making commuting and daily errands highly convenient.
Desirable End-Unit Features: As an end-unit, the condo benefits from abundant natural light throughout, vaulted ceilings, and a bright, spacious open-concept layout, enhancing its appeal and perceived size.
Private Outdoor Spaces & Direct Entry: Offers valuable private outdoor areas including a rear patio for grilling/relaxing and a large, gated front courtyard, along with the convenience of direct street access from its own entrance.
Key In-Unit & Community Amenities: Includes highly sought-after features such as in-unit laundry, secure garage parking, and access to a community room for private gatherings, adding significant value and convenience.
Well-Maintained Condition: Described as a 'beautifully maintained home,' suggesting it is move-in ready and likely requires minimal immediate repairs or updates, reducing initial buyer costs and effort.

Cons

High Monthly Association Fee: The $675 monthly association fee is substantial and adds significantly to the overall cost of ownership, which could be a deterrent for some buyers.
Limited Bedroom Count: As a 1-bedroom, 1-bathroom unit, its appeal is restricted to singles or couples, potentially limiting the buyer pool and future resale value compared to properties with more bedrooms.
Recent Price Reductions: Multiple price drops from the original list price ($649,000 to $579,000) may suggest initial overpricing or market resistance, potentially raising buyer concerns about its current market value.

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