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40 W 3rd Ave 603, San Mateo, CA 94402

List Price: $1,788,000On Market FlagOn market
Jan 4, 20252,300 sqft2 beds2 baths
Listed by: Jo Ann Lim
License #: 01736719
Phone #: 650-454-6250
Remax Capital
Source:
CRMLS Logo
MLS #: ML81988941

Property Description

Sophisticated 2-bedroom 2 bath condo on the 6th floor with outstanding views. A very spacious living room with a wood burning fireplace and beautiful built-in bookcases. Elegant formal dining room with balcony access. This highly sought-after luxury condominium in The Towers offers approximately 2,300 square feet of space with only two units per floor. Bright and airy with high ceilings. New flooring throughout. Ensuite bedroom and second bedroom with views. Kitchen equipped with a new stainless Bosch dishwasher and Viking electric cooktop, breakfast nook, built-in desk and access to the balcony. Central air-conditioning and heating. Includes ample closets, a wet bar, in-unit laundry, trash chute, secure 2-car underground parking and a separate storage room. Amenities include a secure building with a 24-hour lobby attendant, pool, sauna, exercise room, game room, sport court, and meeting/recreation room with kitchen. Located across San Mateo Library, steps to vibrant downtown San Mateo, Central Park, movie theaters, shopping and restaurants. Access to public transportation, minutes to SFO, San Francisco, Silicon Valley, and major commute routes via highways 101 and 92. This exceptional residence offers both luxury and convenience in an outstanding location.
Assignment
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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

$32,313

TurboHome Estimated Value

$1,971,100

$857 sqft

High Valuation
$2,069,655
$900/sqft
Normal Valuation
$1,971,100
$857/sqft
Low Valuation
$1,872,545
$814/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$857/sqft$1,971,100

Neighborhood: Baywood-Aragon

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Comparative Value

$1.25M

$1.32M

$1.69M

$1.79M

$2.75M

50 Mounds Rd 109, San Mateo, CA 94402

Sale Price: $1,245,000

Selected Comparable

50 Mounds Rd 612, San Mateo, CA 94402

Sale Price: $1,325,000

Selected Comparable

50 Mounds Rd 214, San Mateo, CA 94402

Sale Price: $1,400,000

Selected Comparable

50 Mounds Rd 505, San Mateo, CA 94402

Sale Price: $1,685,000

Selected Comparable

40 W 3rd Ave 603, San Mateo, CA 94402

List Price: $1,788,000

Subject Property

117 W 3rd Ave, San Mateo, CA 94402

Sale Price: $2,750,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
40 W 3rd Ave 603, San Mateo, CA 94402

40 W 3rd Ave 603, San Mateo, CA 94402

List: $1,788,000

Listed: 1/4/2025

Area:2,300 sqft
Price/sqft:$777
Beds:2
Baths:2
Year Built:
Lot Size:2,059

Comparable Properties

COMPARABLE
Choose comps
50 Mounds Rd 109, San Mateo, CA 94402

50 Mounds Rd 109, San Mateo, CA 94402

Sale: $1,245,000

8/1/20250.41 mi

Area:2,036 sqft
Price/sqft:$611
Beds:2
Baths:2
Year Built:
Weight:21.7%
50 Mounds Rd 214, San Mateo, CA 94402

50 Mounds Rd 214, San Mateo, CA 94402

Sale: $1,400,000

3/20/20250.41 mi

Area:2,036 sqft
Price/sqft:$688
Beds:2
Baths:2
Year Built:
Weight:20.2%
117 W 3rd Ave, San Mateo, CA 94402

117 W 3rd Ave, San Mateo, CA 94402

Sale: $2,750,000

6/12/20250.14 mi

Area:2,444 sqft
Price/sqft:$1,125
Beds:2
Baths:3
Year Built:
Weight:19.7%
50 Mounds Rd 505, San Mateo, CA 94402

50 Mounds Rd 505, San Mateo, CA 94402

Sale: $1,685,000

8/30/20240.41 mi

Area:2,076 sqft
Price/sqft:$812
Beds:2
Baths:2
Year Built:
Weight:19.2%
50 Mounds Rd 612, San Mateo, CA 94402

50 Mounds Rd 612, San Mateo, CA 94402

Sale: $1,325,000

10/2/20240.41 mi

Area:2,036 sqft
Price/sqft:$651
Beds:2
Baths:2
Year Built:
Weight:19.2%

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