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335 N Delaware St, San Mateo, CA 94401

List Price: $1,198,000On Market FlagOn market
Jul 16, 20251,220 sqft3 beds1 baths
Listed by: Payne Sharpley
License #: 02195155
Phone #: 408-620-4372
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: ML82014884

Property Description

Investors Dream | End Users Opportunity | Prime San Mateo | Offers Due Thursday @ 3 PM 335 N Delaware Street; a rare, blank canvas brimming with potential in one of San Mateo's most desirable locations. Nestled just blocks from bustling Downtown San Mateo, Caltrain, Central Park, and top-rated eateries, this property is perfect for builders, flippers, or future homeowners looking to customize their dream home. Jackpot Zoning RM, the lot allows for up to 50% lot coverage, which means you could potentially build up to 2,683 sq ft of living space (verify with city). With construction costs averaging ~$500/sq ft, the equity upside here is substantial whether you're looking to expand, rebuild, or remodel. The existing home is functional and ready for cosmetic touch-ups, with a deep lot that offers endless yard possibilities, ADU? Garden? You decide. Whether you're an investor seeking returns or a savvy buyer aiming to break into the San Mateo market with vision and value, this is your one, good opportunity. Open this week, come explore the possibilities! This area of San Mateo is highly walkable and community-centric, with easy access to local parks, top schools, and the vibrant downtown corridor. Its city-living with a small-town feel, right in the heart of the Peninsula.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$21,228

TurboHome Estimated Value

$1,306,600

$1,071 sqft

High Valuation
$1,371,930
$1125/sqft
Normal Valuation
$1,306,600
$1071/sqft
Low Valuation
$1,241,270
$1017/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1071/sqft$1,306,600

Neighborhood: North Central

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Comparative Value

$790K

$1.07M

$1.20M

$1.50M

$1.55M

$1.55M

802 N Delaware St 406, San Mateo, CA 94401

Sale Price: $790,050

Selected Comparable

917 E Santa Inez Ave, San Mateo, CA 94401

Sale Price: $1,075,000

Selected Comparable

335 N Delaware St, San Mateo, CA 94401

List Price: $1,198,000

Subject Property

206 S Eldorado St, San Mateo, CA 94401

Sale Price: $1,495,000

Selected Comparable

349 N Fremont St, San Mateo, CA 94401

Sale Price: $1,550,000

Selected Comparable

311 N Delaware St, San Mateo, CA 94401

Sale Price: $1,550,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
335 N Delaware St, San Mateo, CA 94401

335 N Delaware St, San Mateo, CA 94401

List: $1,198,000

Listed: 7/16/2025

Area:1,220 sqft
Price/sqft:$982
Beds:3
Baths:1
Year Built:
Lot Size:5,366

Comparable Properties

COMPARABLE
Choose comps
917 E Santa Inez Ave, San Mateo, CA 94401

917 E Santa Inez Ave, San Mateo, CA 94401

Sale: $1,075,000

4/24/20250.26 mi

Area:1,040 sqft
Price/sqft:$1,034
Beds:3
Baths:2
Year Built:
Weight:22.1%
349 N Fremont St, San Mateo, CA 94401

349 N Fremont St, San Mateo, CA 94401

Sale: $1,550,000

2/28/20250.16 mi

Area:1,430 sqft
Price/sqft:$1,084
Beds:3
Baths:2
Year Built:
Weight:21.4%
206 S Eldorado St, San Mateo, CA 94401

206 S Eldorado St, San Mateo, CA 94401

Sale: $1,495,000

10/17/20240.61 mi

Area:1,235 sqft
Price/sqft:$1,211
Beds:2
Baths:1
Year Built:
Weight:20.6%
802 N Delaware St 406, San Mateo, CA 94401

802 N Delaware St 406, San Mateo, CA 94401

Sale: $790,050

12/4/20240.48 mi

Area:1,204 sqft
Price/sqft:$656
Beds:2
Baths:2
Year Built:
Weight:18.1%
311 N Delaware St, San Mateo, CA 94401

311 N Delaware St, San Mateo, CA 94401

Sale: $1,550,000

8/20/20240.04 mi

Area:1,660 sqft
Price/sqft:$934
Beds:3
Baths:2
Year Built:
Weight:17.8%

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