550 El Camino Real 302, Burlingame, California 94010, Burlingame, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$948,888
550 El Camino Real 302, Burlingame, California 94010
2Beds
2Baths
1,154Sqft
Lot
Year Built
1997
Close
-
List price
$949K
Original List price
$1.09M
Price/Sqft
-
HOA
$548
Days on market
179 Days
Sold On
2025-11-10
MLS number
ML82003941
Home ConditionGood
Features
Good View:
Deck
View

About this home

Reduced price to sell quickly as the motivated seller relocates. This move-in-ready gem won't last long! Discover the perfect blend of comfort and convenience in this bright, airy 2-bedroom, 2-bath home on the top floor of an intimate 12-unit building. This thoughtfully updated residence welcomes you with an open layout, fresh paint, and new carpeting throughout. The living space features a cozy gas fireplace and flows seamlessly into the dining area, while new light fixtures add a modern touch. Step out to your private remodeled balcony for morning coffee or evening relaxation. The updated kitchen delights with new stainless steel appliances, refinished counters, and refreshed cabinetry. The primary suite offers a peaceful retreat with dual sinks and a shower, tub combo, while the versatile second bedroom is perfect for guests or your home office. A full hall bath adds convenience. Enjoy in-unit laundry, elevator access, and secure garage parking with storage space. Recently reduced HOA dues of $548/month include water, garbage, exterior maintenance, and shared backyard access- backed by healthy reserves. Located in prime Burlingame with effortless access to highways 101 and 280, Caltrain, and charming downtown shops and dining.

Nearby schools

8/10
McKinley Elementary School
Public,K-50.2mi
8/10
Burlingame Intermediate School
Public,6-81.9mi
9/10
Burlingame High School
Public,9-120.4mi

Price History

Date
Event
Price
10/09/25
Price Change
$948,888-4.0%
10/03/25
Price Change
$988,888-1.0%
09/02/25
Price Change
$998,888
05/15/25
Listing
$1,088,888
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (5 Listings)
Beds22
50%
Baths22
50%
Square foot1,1541,392
17%
Lot Size00
Price$949K$1.16M
33%
Price per square foot$822$819.5
50%
Built year19979925999
100%
HOA$548$679.5
17%
Days on market174184
50%
Condition Rating
Good

The property, built in 1997, is move-in ready and has undergone significant recent updates. The description highlights fresh paint, new carpeting, new light fixtures, and a remodeled balcony. The kitchen features new stainless steel appliances, refinished counters, and refreshed white cabinetry, presenting a clean and functional space. While the bathrooms are well-maintained with modern light fixtures, some elements like the tile countertops and shower tile with mosaic accents appear to be from an earlier renovation or a more budget-friendly update, rather than brand new contemporary. However, they are fully functional and presentable. The overall condition reflects a well-maintained home with recent improvements, fitting the 'Good' category.
Pros & Cons

Pros

Prime Location & Accessibility: Located in prime Burlingame, offering effortless access to major highways (101 & 280), Caltrain, and charming downtown shops and dining, enhancing convenience for residents.
Turnkey Condition & Modern Updates: The property is move-in ready with recent updates including fresh paint, new carpeting, an updated kitchen with new stainless steel appliances, refinished counters, refreshed cabinetry, and a remodeled private balcony.
Comprehensive Building Amenities: As a top-floor unit in an intimate 12-unit building, it offers privacy, in-unit laundry, elevator access, secure garage parking with storage space, and shared backyard access.
Favorable HOA & Financial Health: Recently reduced HOA dues of $548/month include water, garbage, exterior maintenance, and shared backyard access, backed by healthy reserves, providing good value and financial stability.
Excellent School District: The property is zoned for highly-rated public schools, including McKinley Elementary (8), Burlingame Intermediate (8), and Burlingame High (9), which is a significant draw for families.

Cons

Significant Price Reductions & Extended Market Time: The property has undergone multiple price reductions from an original list price of $1.08M to $948K and has been on the market for 179 days, indicating potential overpricing or market resistance.
Recurring HOA Dues: Despite being recently reduced and inclusive of several services, the $548/month HOA fee represents a substantial ongoing cost that buyers must factor into their budget.
Building Age: Built in 1997, the building is not new construction, which may mean older infrastructure or design elements compared to more recently developed properties, potentially requiring future updates.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State