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20 W 3rd Ave APT 601, San Mateo, CA, 94402

2beds
3baths
2,800sqft
$2,750,000
$982price/sqft
$18,954/moest. monthly cost
$758,160/yrincome needed

About This Home

NEW PRICE!! Welcome to luxury living at the Towers in the heart of San Mateo! This stunning 2BR/2.5BA condo offers an expansive 2,800 SF of modern elegance. Step inside to find high ceilings, sleek hardwood floors, recessed lighting, and plenty of natural light streaming through a multitude of windows. The open layout features a spacious foyer, formal dining room, and a cozy library/den, perfect for working from home or unwinding. The sunlit kitchen is complete with a breakfast nook, cooktop, range hood, dishwasher, refrigerator, and even a wine cooler for entertaining. The private primary ensuite boasts a walk-in closet, a large shower and generous primary bedroom. A small private patio off kitchen offers a serene outdoor space, while the building includes shared rooftop deck, patios, and common outdoor areas. Amenities include pool/spa, sauna, gym, game room, and media/recreation room. With a doorman, elevator access, & security features like an electric gate and voice intercom, convenience and peace of mind are yours. Add'l features include central AC/heating, an in-unit washer/dryer and private storage Located near downtown San Mateo, this condo combines convenience, style, and easy access to downtown restaurants, shops and library

Getting Around

98
WalkingWalker's Paradise
49
TransitSome Transit
65
BikeBikeable

Schools

7/10
8/10
Borel Middle SchoolGrades 6-80.9 mi
10/10
Aragon High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1980

Materials

  • Foundation: Concrete Perimeter,Concrete Perimeter and Slab
  • Roof: Other, Tile

Type & Style

  • Home type: Condo
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Range Hood,Oven/Range,Refrigerator,Wine Refrigerator,Washer/Dryer

Bathroom

  • Features: PrimaryStallShowers, StallShower2plus

Bedroom

  • Features: PrimarySuiteRetreat, WalkinCloset

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Features: EatinKitchen, FormalDiningRoom

Family Room

  • Features: SeparateFamilyRoom

Features

  • Walk-In Closet(s)
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Central Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,800
  • Total interior livable area: 2,800 sqft

Property

Details

  • Parcel number: 107120050
  • Zoning: R50000
  • Special condition: Standard

Features

  • Stories: 1
  • Pool features: Community,Pool Cover,Heated,In Ground,Pool/Spa Combo,Sauna or Steam Room
  • Spa features: Pool/SpaCombo
  • Has view: Yes
  • View description: City Lights,Hills

Parking

  • Total spaces: 2
  • Parking features: Assigned,Attached,Common,Electric Gate,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High

How This Home’s Risks Compare

Earthquake
Inland Flooding

FEMA Declared Disasters in San Mateo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $13,905$166,860
Home Insurance *$245$2,940
Property Taxes $4,204$50,448
Electricity $600$7,205
Total$18,954$227,448
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$649,851/yr
40% on housing$568,620/yr
45% on housing$505,440/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$982This listing

vs Other Active Listings

Avg $/sqft

ZIP 94402$1,030
San Mateo County$914

vs Homes Sold Last Month

Median $/sqft

ZIP 94402$1,282
San Mateo County$1,106

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-05Price change$2,750,000
2026-04-22Listed for sale$3,000,000
2007-04-06Sold$2,000,000

For Sale by Agent

AgentSusan Herman
BrokerageCompass

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