Property Overview:
880 Meridian Bay Ln, Unit 205 is a condominium in Foster City, CA, built in 1998. It features 3 bedrooms, 2 bathrooms, and 1,606 sq. ft. of living space. The home includes a parking garage, fireplace, central heating and cooling, and in-unit laundry. The estimated home value is $1,250,000 (last sold for $1,150,000 in 2018).
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 Brewer Island Elementary, Bowditch Middle, Design Technical High, and San Mateo County Special Education.- Average SAT score: 1076 (above 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%).
- Close to major employers: Visa, IBM, Google, Facebook, Solar City, Oracle, Salesforce, Genentech, Sony, Philips.
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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:
- Single-level, executive home with open floor plan and sunny, spacious living room with fireplace.
- Kitchen and dining area open to a patio with view.
- Master suite: Extra-large closet, dual vanities.
- Two additional bedrooms with closets and large bathroom.
- In-unit laundry.
- 2 deeded parking spaces in underground garage.
- New paint and appliances; in-unit washer/dryer and AC.
- Gated community with elevator and ample guest parking.
Community Amenities:
- Private playground
- Sparkling pool
- Spa/sauna
- Exercise gym
- Clubhouse with fully equipped kitchen for entertaining
Location Benefits:
- Central to high-tech industry and major employers
- Walking distance to restaurants, banks, stores, library, parks, recreation center, sports courts, and lagoon
- Excellent schools and medical centers nearby
- Easy access to public transportation, Cal-Train, and major highways (101, 280, 82, 92, 84)
- Close to shopping centers and a variety of dining options
- Family-friendly community with top-rated schools and parks nearby