Property Overview:
883 Balboa Ln is a condominium unit in Foster City, CA, built in 1975. It features 2 bedrooms, 2.5 bathrooms, and 1,780 sq. ft. of living space. The home includes a 2-car side-by-side garage, fireplace, cooling system, and washer-dryer hookup. The estimated home value is $827,300.
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)—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%).
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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:
- WIDE waterfront living in a resort-style complex.
- Freshly painted with new laminate floors.
- Expansive water views from living room and balcony—overlooking Leo Ryan Park, sunsets, summer concerts, wildlife, and July 4th fireworks.
- Large living/dining room with mirrors and sunny water views.
- Striking fireplace with gas starter.
- Kitchen: Ample cabinet storage.
- Family room: Virtually a sunroom with overhead windows.
- Convenient half-bath on main floor.
- Two large bedrooms upstairs:
- Primary bedroom: High ceilings, romantic fireplace, wide-water views, skylight, tiled shower over extra-wide tub.
- Second bedroom: En-suite with walk-in closet.
- Washer-dryer hookup upstairs in a walk-in closet.
- 2-car side-by-side garage.
- Community amenities: Pool, hot tub, clubhouse, boat docks.
- Close to prestigious Foster City schools, shopping, and restaurants.
Location Benefits:
- Resort-style living with stunning waterfront views.
- Family-friendly community with excellent schools and low crime.
- Convenient access to parks, recreation, and local amenities.
- Ideal for entertaining and enjoying the Foster City lifestyle.