Property Overview:
641 Caribbean Way is a single-family home in San Mateo, CA, built in 1976. It features 3 bedrooms, 2 bathrooms, and 2,520 sq. ft. of living space. Additional highlights include a parking garage and central heating system. The home last sold for $2,000,000 in 2017; the estimated current value is $2,804,000.
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 Baywood Elementary, Borel Middle, and Aragon High.- Average SAT score: 1076 (above state average of 975).
- Baywood Elementary: 8/10; Aragon High: 10/10 (GreatSchools ratings).
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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:
- Contemporary yet classic design on a quiet cul-de-sac.
- Estate-like grounds with mature landscaping, meandering paths, shady decks, and a babbling creek on a huge, level lot.
- Large master suite with walk-in closet.
- Spacious, sunny kitchen and bright breakfast area with adjacent family room and fireplace.
- Separate laundry room.
- Generous room sizes throughout.
- Piano room (optional 4th bedroom per original plan).
- Oversized hobby/workshop & storage area under the home.
- Wraparound deck with beautiful views of old-growth trees and landscaping from most rooms.
- First time on the market, loved by original owner family.
- Turnkey condition with modern comfort and family-friendly living.
Location Benefits:
- Highly coveted schools (Baywood Elementary & Aragon High).
- Easy freeway and transportation access for commuters.
- Family-oriented community with excellent amenities.
- Perfect for entertaining and enjoying the outdoors.