Property Overview:
50 Mounds Rd #405 is a luxury condominium in San Mateo, CA 94402, built in 1973. This 2,076 sq. ft. corner unit features 2 bedrooms (converted to a large primary suite + office), 2 bathrooms, and boasts panoramic views of San Francisco, San Mateo County, the Bay, and three bridges. The estimated home value ranges from $1,283,177 to $1,894,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 7.4% (lower than state average of 11.8%).
- Property crime risk: 11.4% (slightly higher than state average of 10.8%).
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Schools:
Nearby schools include South Hillsborough, San Mateo High, and Borel Middle.- Average SAT score: 1076 (above state average of 975).
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Job Market:
- 69.3% white-collar jobs, 30.7% blue-collar jobs.
- Unemployment rate: 2.6% (lower than state average of 4.7%).
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Demographics:
- Community population: 23,121 (3% growth since 2000).
- 66% families with children.
- Largest age group: 45-54 years (15.88%); second largest: 35-44 years (15.56%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 50.8°F (January), 68.3°F (July).
- Average rainfall: 19.5 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $102,281.
- Average annual spending: $69,902.
Property Features:
- End unit with windows on all sides and abundant natural light.
- Open floor plan: Large primary suite, generous office, and views from every room.
- Living & Dining Rooms: Open to a private deck with sunrise views.
- Fireplace: Gas start, with travertine floors throughout living, dining, and kitchen.
- Chef’s Kitchen: Thermador appliances, custom cabinets, granite counters.
- Spa-like bathrooms: Marble vanities.
- Primary suite: Dual closets, en-suite bath.
- Laundry closet, ample storage, deeded parking.
- Community amenities: Doorman, pool, hot tub, fitness room, recreation room.
- Side-by-side parking in a secure garage.
Location Benefits:
- Convenient to shopping: Near Trag’s Market, Carniceria Mi Rancho, El Toro Meat Market.
- Dining & Coffee: Close to Bobabia, 3 Bees Cafe, Tpumps, Yu Raku, Fiero Restaurant, Celebrity Cafe.
- Parks: Near de Anza Historical Park, Central Park, Martin Luther King Park.
- Excellent value in a prestigious, luxury building with top address and superior amenities.
- Rental estimate: $3,777–$4,876/month.