710 Laurel Avenue, San Mateo, California 94401, San Mateo, - bed, bath

home-pic
ACTIVE$13,950,000
710 Laurel Avenue, San Mateo, California 94401
0Bed
0Bath
21,345Sqft
23,133Lot
Year Built
1959
Close
-
List price
$13.95M
Original List price
$14.95M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82012475
Home ConditionExcellent
Features
Good View: Park/Greenbelt
Deck
Pool
Patio
ViewPark/Greenbelt

About this home

Nearby schools

3/10
Sunnybrae Elementary School
Public,K-50.4mi
6/10
Baywood Elementary School
Public,K-50.8mi
4/10
San Mateo Park Elementary School
Public,K-51.4mi
4/10
Laurel Elementary School
Public,K-52.3mi
6/10
Borel Middle School
Public,6-80.8mi
4/10
Abbott Middle School
Public,6-82.3mi
8/10
Aragon High School
Public,9-120.8mi
7/10
San Mateo High School
Public,9-121.2mi

Price History

Date
Event
Price
09/05/25
Price Change
$13,950,000
06/26/25
Listing
$14,950,000
Condition Rating
Excellent

Despite being built in 1959, this property has undergone extensive and high-quality renovations, making it virtually new inside. The kitchen features modern white shaker cabinets, stainless steel appliances, dark countertops, and a contemporary tile backsplash. The bathroom is similarly updated with a modern vanity and subway tiles. Throughout the unit, there is consistent, new-looking dark wood-style flooring, fresh paint, and updated lighting fixtures. All visible components appear new or virtually new, indicating a recent and comprehensive renovation within the last 5 years, aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

Mixed-Use Potential: The 'Mixed Use' sub-type offers significant flexibility for various development or investment strategies, appealing to a broad market of residential and commercial buyers.
Exceptional Size: With 21,345 sqft of building space and a 23,133 sqft lot, this property offers substantial room for large-scale development, expansion, or diverse operational needs, a rare asset in San Mateo.
Prime San Mateo Location: Situated in San Mateo, a highly sought-after Bay Area city known for its strong economic fundamentals, excellent quality of life, and strategic proximity to major tech hubs.
Scenic View: The property boasts a desirable 'Park/Greenbelt' view, enhancing its aesthetic appeal and potentially contributing to a higher quality of life or more attractive commercial environment.
Recent Price Reduction: A significant $1,000,000 price reduction from the original list price indicates a motivated seller and potentially a more attractive investment opportunity for discerning buyers.

Cons

Property Age: Built in 1959, the property is over 60 years old, suggesting potential for outdated systems, deferred maintenance, or the need for significant modernization to meet current market expectations and building codes.
High Price Point: The $13.95 million list price represents a substantial investment, significantly narrowing the pool of potential buyers to a very specific segment of ultra-high-net-worth individuals or institutional investors.
Undefined MLS Area: The '699 - Not Defined' MLS area might require additional due diligence for buyers to fully understand the immediate neighborhood context, specific local amenities, and comparable property values.

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