Property Overview:
873 Balboa Ln is a condominium unit in Foster City, CA, built in 1975. It features 2 bedrooms, 2 bathrooms, and 1,270 sq. ft. of living space. The home includes a parking garage, fireplace, and cooling system. The estimated home value is $1,231,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3% (lower than state average of 11.8%).
- Property crime risk: 2.6% (lower than state average of 10.8%).
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Schools:
Nearby schools include Beach Park Elementary, Bowditch Middle, Design Technical High, and San Mateo County Special Education.- Average SAT score: 1076 (553 Math, 523 English)—higher than state average of 975.
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Job Market:
- 76.7% white-collar jobs, 23.3% blue-collar jobs.
- Unemployment rate: 2.5% (lower than state average of 4.7%).
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Demographics:
- Community population: 32,202 (13% growth since 2000).
- 62% families with children.
- Largest age group: 35-44 years (17.43%); second largest: 25-34 years (15.07%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.2°F (January), 73.2°F (July).
- Average rainfall: 21.4 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $108,169.
- Average annual spending: $73,732.
Property Features:
- HUGE PRICE REDUCTION and wide water views in a premier location.
- Decorator showcase with high ceilings, skylights, and abundant natural light.
- Marble entry and marble fireplace with custom mantle.
- New wall-to-wall carpet throughout.
- Spacious living room with soaring ceilings and windows showcasing Central Lake.
- Dining area with sliding glass doors to a private balcony—perfect for enjoying waterfront views, boat activity, and migratory birds.
- Galley kitchen with ample cabinetry, countertop space, and skylight for an open, airy feel.
- Laundry room with wrap-around shelving.
- Primary bedroom with sunrise/sunset views, ensuite bath with double sinks, garden tub/shower, and skylight.
- Guest bedroom with double closets, captivating view, and full hall bathroom.
- Community amenities: clubhouse, sparkling pool, hot tub, sauna, grassy park area, and private boat dock.
- Direct access to kayaking or paddleboarding from your backyard.
- Balcony views of 4th of July fireworks.
Location Benefits:
- Award-winning The Islands community with vibrant neighborhood atmosphere.
- Easy access to the entire Bay Area.
- Ideal for waterfront living, outdoor recreation, and family-friendly lifestyle.