Listed 45 days ago · June 4, 2026 | MLS# ML82049775
$1,052/sqft +13% vs San Mateo avg
What this means: Priced above the San Mateo per-sqft average. Compare to recent sales below for context.
Est. $18,953/moP&I $15,566 · Tax $3,125 · Insurance $262 · HOA $0Assumes 20% down ($600,000) 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.
🏠
4 Bed / 4 Bath / 2,850 sqft on 10,113 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
💰
Listed at $3.0M vs City Average $1.5M
$1,052/sqft compared to San Mateo avg $934/sqft (+12.7%).
Best fit forActive BuyersSan Mateo SearchersMove-Up / Move-In
About This Home
Set on a lush terraced hillside in one of San Mateos most desirable neighborhoods, this architecturally distinct 4BD/4BA residence offers a rare blend of privacy, natural beauty, and sophisticated indoor-outdoor living. Designed with a striking vertical layout connected by a newer elevator, the home maximizes both views and usable outdoor space. Expansive living and dining areas open seamlessly to multiple outdoor retreats, including a tranquil grotto, view terrace overlooking the Santa Cruz Mountains, and an enchanting top-floor patio with fountain reminiscent of a private treehouse sanctuary. Bathed in natural light, the home features designer finishes, a gourmet kitchen with premium appliances, generous entertaining spaces, and versatile bedroom arrangements. The secluded second-floor suite offers exceptional privacy while remaining easily accessible. The expansive south-facing grounds feature close to 20 fruit trees and are ideal for gardening, entertaining, or quiet relaxation amid mature landscaping. Recent improvements include a newer elevator, roof, fences, retaining walls, and garage door. Ideally located near downtown San Mateo, Burlingame Avenue, Caltrain, parks, dining, shopping, and major commuter routes.
MLS ID #ML82049775, Sophie Tsang. Listing provided by Compass · MLSListings Inc.
Interested in 120 Gramercy DR?
Get a personalized analysis with comp data, offer strategy, and neighborhood context.
Property Details
Property Type
Single Family Residence
Year Built
1970
Bedrooms
4
Bathrooms
4 Full
Living Area
2,850 sqft
Lot Size
10,113 sqft
Garage
2 Spaces
Price/sqft
$1,052
County
SanMateo
MLS Number
ML82049775
Status
Pending
Stories
N/A
HOA
None
Interior Features
ForcedAir, Radiant
Exterior & Lot
Shingle Roof2-Car Garage0.23 Acres
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
120 Gramercy DR, San Mateo, CA 94402 · SanMateo County
Market Context
Price Positioning
$Price context: Listed at $1,052/sqft vs San Mateo avg $934/sqft (+12.7% above).
$Sale-to-list: San Mateo homes selling at 106.0% of asking.
⏲Velocity: City avg 22 days. This home: 45 days.
🏠Inventory:12 4-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.
120 Gramercy DR is located in the SanMateoParkElCerritoPark area of San Mateo, California. This 4-bedroom, 4-bathroom single-family home is pending sale for $3,000,000. Homes in SanMateoParkElCerritoPark average $934 per square foot with an average of 22 days on market, making this one of the most actively watched markets in 94402.
4-Bedroom Homes for Sale in San Mateo 94402
Browse 4-bedroom single-family home listings in the SanMateoParkElCerritoPark area of San Mateo. Properties in 94402 are currently averaging $934 per square foot with 22 days on market.
What to Expect When Buying in SanMateoParkElCerritoPark
The SanMateoParkElCerritoPark market in San Mateo features a mix of single-family home properties ranging from starter homes to luxury estates. Current inventory levels suggest active conditions for buyers in this area.
Listed at $3,000,000 ($1,052/sqft). San Mateo avg is $934/sqft, placing this +12.7% above. Comparable recent sales help frame the value.
Listed 45 days (as of June 4, 2026). San Mateo average is 22 days.
Est. $18,953/mo with 20% down ($600,000) at 6.75%. Includes principal & interest ($15,566), property tax ($3,125), and insurance ($262). HOA: None. 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 99 active listings in San Mateo (12 are 4-bedroom). At $3,000,000 this is positioned against the city average of $1,454,618. Similar homes have sold at 106.0% of asking.
4-bedroom homes in San Mateo (94402) are currently averaging $934 per square foot. Market activity shows homes spending an average of 22 days on market in this area.
120 Gramercy DR in San Mateo is currently listed at $3,000,000. This 4-bedroom, 4-bathroom single-family home is located in the SanMateoParkElCerritoPark 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 Jul 19, 2026 11:30 AM 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: Jul 19, 2026 11:30 AM PT | Source: MLSListings Inc.
All content on this page is the property of Aegis Luxury Real Estate (DRE# 01328224). Automated scraping, downloading, or republication is strictly prohibited.
By sharing, you consent to Aegis Luxury Real Estate contacting you and your friend regarding this listing. We respect your privacy. Privacy Policy · Terms of Service
Schedule a Tour
Request a private showing of 120 Gramercy DR, San Mateo.
ASAPEarliest
TueApr 29
WedApr 30
ThuMay 1
Scheduling is free. By proceeding, you consent to be contacted by Aegis Luxury Real Estate at the number and email provided. Privacy Policy
OPEN SUN, 2PM TO 4PM
OPEN SUN, 1PM TO 4PM
