Investors Dream or End Users Opportunity in Prime San Mateo! Welcome to 335 N Delaware Street a rare, shovel-ready blank canvas brimming with potential in one of San Mateos most desirable locations. Nestled just blocks from bustling Downtown San Mateo, Caltrain, Central Park, and top-rated eateries, this property is perfect for builders, flippers, or future homeowners looking to customize their dream home. Zoned RM, the lot allows for up to 50% lot coverage, which means you could potentially build up to 2,683 sq ft of living space (verify with city). With construction costs averaging ~$500/sq ft, the equity upside here is substantial whether youre looking to expand, rebuild, or reimagine. The existing home is functional and ready for renovation, with a deep lot that offers endless backyard possibilities ADU? Garden oasis? You decide. Whether you're an investor seeking returns or a savvy buyer aiming to break into the San Mateo market with vision and value, this is your moment. Open Saturday & Sunday, come explore the possibilities! This area of San Mateo is highly walkable and community-centric, with easy access to local parks, top schools, and the vibrant downtown corridor. Its city-living with a small-town feel, right in the heart of the Peninsula.
MLS #
ML82014884
MLS Source
MLSListings, Inc.
Days on Site
3
Dining Room
Eat in Kitchen, No Formal Dining Room
Family Room
No Family Room
Cooling
Central Forced Air
Heating
Central Forced Air
Roof
Composition, Shingle
Foundation
Concrete Perimeter and Slab
Garage/Parking
Common Parking Area, Off-Street Parking, Garage: 0 Car(s)
Elementary District
San Mateo-Foster City Elementary
High School District
San Mateo Union High
Sewer
Public Sewer
Water
Public
Zoning
RM0003
Listing Agent
Payne Sharpley
Coldwell Banker Realty
License #: 02195155
Phone: (408) 620-4372
Co-Listing Agent
Joe Velasco
Coldwell Banker Realty
License #: 01309200
Phone: (650) 833-8498
335 N Delaware St is a Single Family Residence in San Mateo, CA 94401. This 1,220 square foot property sits on a 5,366 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $1,198,000 and was built in 1900.
This address can also be written as 335 N Delaware St, San Mateo, CA 94401.©2025 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of July 19, 2025. For the most current information, please contact Payne Sharpley, (408) 620-4372