37 photos · MLS data verified August 3, 2026 · Updated every 15 min
$839,000Active
2 Beds·2 Baths·1,240 sqft·N/A sqft lot·Built 1964
234 Elm ST 309, San Mateo, CA 94401
Listed 53 days ago · June 11, 2026 | MLS# ML82050341
$676/sqft -28% vs San Mateo avg
What this means: Priced below the San Mateo per-sqft average. Compare to recent sales below for context.
Est. $6,075/moP&I $4,353 · Tax $874 · Insurance $262 · HOA $586Assumes 20% down ($167,800) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Active listing in San Mateo, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
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2 Bed / 2 Bath / 1,240 sqft on N/A sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $839K vs City Average $1.5M
$676/sqft compared to San Mateo avg $941/sqft (-28.1%).
Best fit forActive BuyersSan Mateo SearchersMove-Up / Move-In
About This Home
Enjoy sunny, peaceful, top-floor living in a well-established downtown community. Â Bamboo floors in the living and dining areas, tiled kitchen with stainless steel appliances, birch cabinets, and granite countertops. Â Two large, well-maintained bathrooms and two spacious bedrooms with fresh carpet and ample closets. Â An inviting, open balcony with southern exposure overlooks a pool and palms. Â The building features a new, high-quality roof, refurbished elevator, refinished backyard pool and clubhouse with new sauna. Its a short walk to the diverse restaurants, shops, and parks of downtown San Mateo and Burlingame. Â Commuting is a breeze with easy access to freeways, Caltrain, and the airport, with two rarely available parking spaces in the secured garage. Â Welcome home!
MLS ID #ML82050341, Eric W Berggren. Listing provided by Coldwell Banker Realty · MLSListings Inc.
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Property Details
Property Type
Condominium
Year Built
1964
Bedrooms
2
Bathrooms
2 Full
Living Area
1,240 sqft
Lot Size
N/A sqft
Garage
N/A
Price/sqft
$676
County
SanMateo
MLS Number
ML82050341
Status
Active
Stories
N/A
HOA
$586/mo
Interior Features
ForcedAir
Exterior & Lot
Other RoofPool
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
234 Elm ST 309, San Mateo, CA 94401 · SanMateo County
Market Context
Price Positioning
$Price context: Listed at $676/sqft vs San Mateo avg $941/sqft (28.1% below).
$Sale-to-list: San Mateo homes selling at 104.9% of asking.
⏲Velocity: City avg 28 days. This home: 53 days.
🏠Inventory:31 2-bedroom homes currently available in San Mateo.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
EasternAdditionDowntownArea in San Mateo, California (94401) continues to attract significant buyer interest. 234 Elm ST 309, a 2-bedroom condominium with 1,240 square feet of living space, is listed for $839,000. The surrounding market reflects strong demand for properties in this price segment.
2-Bedroom Homes for Sale in San Mateo 94401
Browse 2-bedroom condominium listings in the EasternAdditionDowntownArea area of San Mateo. Properties in 94401 are currently averaging $941 per square foot with 28 days on market.
What to Expect When Buying in EasternAdditionDowntownArea
The EasternAdditionDowntownArea market in San Mateo features a mix of condominium properties ranging from starter homes to luxury estates. Current inventory levels suggest active conditions for buyers in this area.
Listed at $839,000 ($676/sqft). San Mateo avg is $941/sqft, placing this 28.1% below. Comparable recent sales help frame the value.
Listed 53 days (as of June 11, 2026). San Mateo average is 28 days.
Est. $6,075/mo with 20% down ($167,800) at 6.75%. Includes principal & interest ($4,353), property tax ($874), and insurance ($262). HOA: $586/mo. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 90 active listings in San Mateo (31 are 2-bedroom). At $839,000 this is positioned against the city average of $1,450,735. Similar homes have sold at 104.9% of asking.
2-bedroom homes in San Mateo (94401) are currently averaging $941 per square foot. Market activity shows homes spending an average of 28 days on market in this area.
234 Elm ST 309 in San Mateo is currently listed at $839,000. This 2-bedroom, 2-bathroom condominium is located in the EasternAdditionDowntownArea area.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of Aug 3, 2026 7:15 PM PT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.
Last updated: Aug 3, 2026 7:15 PM PT | Source: MLSListings Inc.
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