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555 Laurel Avenue 330, San Mateo, California 94401, San Mateo, - bed, bath

home-pic
ACTIVE$780,000
555 Laurel Avenue 330, San Mateo, California 94401
1Bed
2Baths
1,095Sqft
Lot
Year Built
1980
Close
-
List price
$780K
Original List price
$780K
Price/Sqft
-
HOA
$1,452
Days on market
-
Sold On
-
MLS number
ML82001106
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Welcome to Gramercy on the Park. Discover this newly renovated 1-bedroom, 2-bathroom unit located across from Central Park in San Mateo. This spacious condominium features brand new hardwood floors, stainless steel appliances, freshly painted interiors, and updated bathrooms with beautifully tiled floors. Enjoy the convenience of an in-unit washer & dryer and a covered patio offering expansive views of the Bay and San Francisco skyline. The Gramercy Building provides premium amenities, including 24-hour front entrance security, a fitness center with a sauna and hot tub, a sparkling pool in a landscaped courtyard, and a parking garage. With nearby restaurants, shops, transportation, and parks, this unit is ideally located for convenience and luxury. Dont miss the chance to own in one of San Mateos most sought-after buildings. ** LEASE TO OWN OPTION AVAILABLE WITH INCENTIVES ** Ask for details.

Nearby schools

3/10
Sunnybrae Elementary School
Public,•K-5•0.4mi
6/10
Borel Middle School
Public,•6-8•0.9mi
8/10
Aragon High School
Public,•9-12•0.9mi

Price History

Date
Event
Price
04/04/25
Listing
$780,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (37 Listings)
Beds12
39%
Baths22
50%
Square foot1,095971
58%
Lot Size00
Price$780K$613K
71%
Price per square foot$712$711
50%
Built year19809910992
45%
HOA$1,452$800.5
66%
Days on market215194
58%
Condition Rating
Excellent
Despite being built in 1980, the listing explicitly states 'newly renovated' with 'brand new hardwood floors,' 'stainless steel appliances,' 'freshly painted interiors,' and 'updated bathrooms with beautifully tiled floors.' The images confirm a modern, high-quality renovation in the kitchen (white shaker cabinets, quartz countertops, stainless steel appliances including a wine fridge) and bathrooms (modern vanities, fixtures, and tiling). All visible components appear new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Newly Renovated Interior: The unit boasts recent renovations including new hardwood floors, stainless steel appliances, fresh paint, and updated bathrooms, offering a modern and move-in ready living space.
Premium Building Amenities: The Gramercy Building provides high-end amenities such as 24-hour security, a fitness center with sauna and hot tub, a pool, and a parking garage, enhancing lifestyle and convenience.
Prime Location: Situated across from Central Park in San Mateo, the property offers immediate access to parks, restaurants, shops, and transportation, making it highly desirable.
Expansive Views: The covered patio provides impressive, expansive views of the San Francisco Bay and city skyline, adding significant aesthetic and intrinsic value.
Flexible Purchase Option: A unique 'lease to own' option with incentives is available, offering a flexible and potentially attractive pathway to ownership for certain buyers.

Cons

High Association Fees: The monthly association fee of $1452.0 is substantial and could be a significant ongoing cost for potential buyers, impacting affordability.
Limited Bedroom Count: As a 1-bedroom unit, its appeal may be limited to singles or couples, potentially narrowing the buyer pool compared to properties with more bedrooms.
Lower Elementary School Rating: Sunnybrae Elementary School, the closest elementary school, has a rating of 3, which might be a concern for families prioritizing top-tier public education.

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