Property Overview:
723 Laurelwood Dr is a single-family home in San Mateo, CA 94403, built in 1951. It features 3 bedrooms, 2.5 bathrooms, and 2,310 sq. ft. of living space on an expansive 19,000 sq. ft. (.46-acre) flat lot. The home includes a parking garage, central heating system, and has been well maintained with updated finishes. The estimated home value is $2,045,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 6% (lower than state average of 11.8%).
- Property crime risk: 6.6% (lower than state average of 10.8%).
- Low overall crime risk with only 2 criminal and sex offenders within 1 mile.
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Schools:
Nearby schools include Abbott Middle, Hillsdale High, and Laurel Elementary.- Average SAT score: 1076 (higher than state average of 975).
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Job Market:
- 67.9% white-collar jobs, 32.1% blue-collar jobs.
- Unemployment rate: 2.5% (lower than state average of 4.7%).
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Demographics:
- Community population: 38,894 (7% growth since 2000).
- 64% families with children.
- Largest age group: 35-44 years (16.07%), followed by 25-34 years (14.94%).
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Natural Disaster Risk:
- Very high earthquake risk
- Very low tornado risk
- Minimal flood risk
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Weather:
- Average temperature: 51.6°F (January), 70.5°F (July).
- Average rainfall: 20.4 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $83,713.
- Average annual spending: $61,232.
Property Features:
- Rare offering: First time on the market in 47 years.
- Expansive, landscaped grounds:
- Pool, spa, tennis court, expansive lawn, wooded perimeter, flourishing gardens, and utmost privacy.
- Mid-century home with pristine oak flooring, walls of glass, French and sliding glass doors, recessed lighting, plantation shutters, and fresh paint.
- Formal and informal living and dining rooms.
- Covered and uncovered outdoor living spaces.
- Granite-finished kitchen with 8 appliances.
- Dedicated office and bedroom suite.
- Move-in ready and well maintained throughout the years.
Location Benefits:
- Centrally located in San Mateo, just a couple of miles from Downtown, Farmers Markets, Caltrain, US-101, and I-280.
- An oasis amidst the Bay Area hustle—perfect for family living, entertaining, and enjoying privacy with convenient access to urban amenities.