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413 Franklin Parkway A4, San Mateo, California 94403, San Mateo, 94403 - 4 bed, 4 bath

413 Franklin Parkway A4, San Mateo, California 94403 home-pic-0
ACTIVE$2,050,000
413 Franklin Parkway A4, San Mateo, California 94403
4Beds
4Baths
2,454Sqft
Lot
Year Built
2017
Close
-
List price
$2.05M
Original List price
$2.18M
Price/Sqft
$835
HOA
$471
Days on market
-
Sold On
-
MLS number
ML82021375
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.05M(75th), sqft - 2454(94th), beds - 4(69th), baths - 4(63th).

This corner Bay Meadows home offers 4 bedrooms, 4 bathrooms, and ~2,454 sq. ft. of modern living. Built in 2017, it features sleek architecture and an open-concept design perfect for todays lifestyle. The chefs kitchen boasts a six-burner range, quartz counters, custom cabinetry, and an oversized island. The primary suite offers a spa inspired bath and walk-in closet, while a first-floor suite provides flexibility for guests, work, or play. Designer upgrades include white oak floors, solar shades, custom closets, surround sound, and Nest system. Enjoy an attached 2-car garage, epoxy floors, and energy-efficient systems. Just steps from parks, dining, coffee, and Whole Foods with easy access to Caltrain, Hwy 101 & 280.

Nearby schools

7/10
George Hall Elementary School
Public,•K-5•0.3mi
4/10
Abbott Middle School
Public,•6-8•1.1mi
7/10
Hillsdale High School
Public,•9-12•1.2mi

Price History

Date
Event
Price
10/17/25
Price Change
$2,050,000-6.0%
09/12/25
Listing
$2,180,000
Condition Rating
Excellent
Built in 2017, this property is virtually new and meets the 'Excellent' criteria for age. The listing description and images confirm a modern, high-end aesthetic throughout. The kitchen features a chef's six-burner range, quartz counters, and custom cabinetry, all in pristine condition. Bathrooms are spa-inspired with modern vanities, fixtures, and tiling. White oak floors, energy-efficient systems, and smart home integration further underscore the property's top-tier quality with no signs of deferred maintenance or physical depreciation.
Pros & Cons

Pros

Modern Construction & Design: Built in 2017, this corner home features sleek architecture, an open-concept design, and energy-efficient systems, appealing to contemporary tastes and offering lower utility costs.
High-End Finishes & Smart Home Integration: The property boasts a chef's kitchen with premium appliances, a spa-inspired primary bath, white oak floors, custom closets, surround sound, and a Nest system, providing luxury and convenience.
Flexible Living Spaces: With 4 bedrooms and 4 bathrooms, including a versatile first-floor suite, the home offers ample space and adaptability for guests, a home office, or a play area.
Prime Location & Accessibility: Strategically located steps from parks, dining, coffee, and Whole Foods, with easy access to Caltrain, Highway 101, and 280, ensuring convenience for daily errands and commuting.
Spacious & Well-Appointed: Offering approximately 2,454 sq. ft. of living space and an attached 2-car garage with epoxy floors, the property provides generous room and practical amenities.

Cons

Monthly Association Fee: The property incurs a monthly association fee of $471.0, which adds to the overall cost of homeownership and should be factored into a buyer's budget.
Recent Price Reduction: A recent price reduction from $2.18M to $2.05M could indicate initial overpricing or market resistance, potentially affecting perceived value or future appreciation.
Varying School Ratings: While elementary and high school ratings are good, the assigned middle school (Abbott Middle School) has a lower rating of 4, which might be a consideration for families with school-aged children.

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