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928 Peninsula Avenue 303, San Mateo, California 94401, San Mateo, - bed, bath

home-pic
ACTIVE$420,000
928 Peninsula Avenue 303, San Mateo, California 94401
0Bed
1Bath
492Sqft
Lot
Year Built
1965
Close
-
List price
$420K
Original List price
$420K
Price/Sqft
-
HOA
$446
Days on market
-
Sold On
-
MLS number
ML82020243
Home ConditionFair
Features
View-

About this home

Bright Corner Studio in San Mateos Resort-Style Woodlake Community. This highly desirable third-floor corner studio offers one of the larger floor plans at Woodlake. The spacious kitchen easily accommodates a dining table and chairs, while fresh paint, new carpeting, and luxury vinyl flooring create a modern, move-in-ready feel. Flooded with natural light and framed by treetop views, this home is both inviting and functional. Woodlake is renowned for its resort-style amenities and tranquil setting, featuring beautifully landscaped grounds, a central duck pond, and winding walking paths. Residents enjoy six pools (including an Olympic-size pool), a fully equipped gym, four lighted tennis courts, saunas, steam room, putting green, and a spacious clubhouse. Everyday conveniences are just steps away with Safeway, CVS, and Starbucks nearby. Ideally located close to downtown Burlingame and San Mateo, Caltrain, SFO, Coyote Point, Bayfront trails, and Highway 101.

Nearby schools

4/10
San Mateo Park Elementary School
Public,•K-5•1.0mi
2/10
Horrall Elementary School
Public,•K-5•1.8mi
6/10
Baywood Elementary School
Public,•K-5•2.0mi
5/10
Meadow Heights Elementary School
Public,•K-5•3.1mi
5/10
Beresford Elementary School
Public,•K-5•3.2mi
4/10
Laurel Elementary School
Public,•K-5•3.8mi
6/10
Borel Middle School
Public,•6-8•2.2mi
7/10
Bayside S.T.E.M. Academy
Public,•6-8•2.3mi
4/10
Abbott Middle School
Public,•6-8•3.8mi
7/10
San Mateo High School
Public,•9-12•0.3mi

Price History

Date
Event
Price
09/05/25
Listing
$420,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (37 Listings)
Beds02
Baths11.5
50%
Square foot492968
8%
Lot Size00
Price$420K$563K
29%
Price per square foot$854$711
82%
Built year19659910992
34%
HOA$446$799
16%
Days on market61186
8%
Condition Rating
Fair
The property, built in 1965, has received recent cosmetic updates including fresh paint, new carpeting, and luxury vinyl flooring, making the living areas appear clean and move-in ready. However, the kitchen features dated white laminate cabinets with wood trim, basic laminate countertops, and older appliances. The bathroom also shows signs of age with an outdated vanity and older-style shower tiles. While functional and maintained, these key areas require significant updates to meet modern aesthetic standards, aligning with the 'Fair' condition criteria where major components are functional but show signs of being outdated.
Pros & Cons

Pros

Resort-Style Community Amenities: The Woodlake community offers an exceptional array of amenities, including six pools (one Olympic-size), a fully equipped gym, four lighted tennis courts, saunas, steam room, putting green, and a spacious clubhouse, providing a luxurious lifestyle.
Prime Location & Connectivity: Strategically located near downtown Burlingame and San Mateo, Caltrain, SFO, Coyote Point, Bayfront trails, and Highway 101, offering excellent access to transportation and local attractions. Everyday conveniences like Safeway, CVS, and Starbucks are also steps away.
Move-in Ready Condition: The studio features recent updates including fresh paint, new carpeting, and luxury vinyl flooring, presenting a modern and move-in-ready interior for immediate occupancy.
Abundant Natural Light & Treetop Views: As a desirable third-floor corner unit, the property is flooded with natural light and offers pleasant treetop views, enhancing its inviting and functional atmosphere.
Functional Studio Layout: This studio boasts one of the larger floor plans within Woodlake, featuring a spacious kitchen that comfortably accommodates a dining table and chairs, maximizing its utility.

Cons

High Association Fees: The monthly association fee of $446.0 is substantial for a 492 sqft studio unit, which could be a significant ongoing cost for potential buyers.
Studio Unit Limitations: As a studio, the property offers limited living space (492 sqft) and may not appeal to buyers seeking separate rooms or more expansive living areas, potentially narrowing the buyer pool.
Overpriced Relative to Estimation: The listing price of $420,000 is 9% higher than the estimated property value of $379,980.68, suggesting it may be priced above market expectations.

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