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Under contract, accepting backups

The seller has accepted an offer but is still taking backup offers.

$2,075,000$2,375,000$300K price cut

137 Elm Street, San Mateo, CA 94401

Accepting backups
$2.4M$2.1M$300K below original ask (13%)

73% above the San Mateo median of $1.2M (97 active listings)

32% of San Mateo listings have cut their price · half have been listed 29+ days

4beds
3baths
2,380sqft
$872/sqft

About this home

Wow, $300,000 price reduction and substantial tax savings if approved for Mills Act! Own a piece of History in this Classic 1907 Queen Anne Victorian with large open living room, kitchen/dining, separate front office, sun room and secluded yard on oversized 9,000 sqft lot. Previously owned by A.P. Giannini, founder of Bank of Italy/BofA. Traditional bench seat entry welcomes guests to this grand estate waiting for your remodel and upgrades. Kitchen features built-in oven, dishwasher, gas range with custom hood and large walk-in pantry. Separate laundry room, hardwood floors, rear patio. Detached two car garage with original carriage house would be ideal for an ADU. Newer shingled roof and new sewer lateral. Easy access to downtown shops, parks & transportation. Property may qualify for the Mills Act.

Property details

Property type
Single Family
Year built
1907
Lot size
9,000 sqft
Garage spaces
2
Stories
2
County
San Mateo
Listed
218 days ago
MLS #
82034015
Listed by
Michael Verdone · Economic Concepts

Features

  • Detached Garage
  • Gate / Door Opener
  • Central Forced Air - Gas
  • Fireplace: Wood Burning
  • Flooring: Hardwood
  • Flooring: Vinyl / Linoleum
  • Roof: Shingle
  • Utilities: Public Utilities
  • Sewer: Sewer - Public
  • Water: Public

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Location

Approximate location based on the listing address.

Copyright 2026 MLSListings Inc. Based on information from MLSListings MLS as of 9/12/2026. 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. MLS Listing #82034015. Listing courtesy of Economic Concepts.