← San Mateo

Lakeshore San Mateo, CA

East of 101 near the Marina Lagoon, with single-family homes and condos.

About the neighborhood

Living in Lakeshore

Lakeshore is east of Highway 101 in San Mateo, near the Marina Lagoon. West of South Norfolk Street, its streets hold modest bungalows and ranches built in the mid-1950s, and condos and townhomes, now the larger share of sales, fill in toward the water. Single-family homes have a 12-month median around $1.51M, and demand is strong: 2026 sales so far have sold in a median of 7 days at about 113% of asking.

Parking & walkability: Single-family homes typically have a driveway and a garage, and condo complexes include assigned parking. The flat streets and lagoon paths make walking and biking easy, shopping near Hillsdale and Bridgepointe is close by, and Highway 92 and 101 are a few minutes away.

Lakeshore market snapshot

What homes in Lakeshore are doing

12-mo median (single-family)$1.51M12 sales, last 12 months
Median change, 2015–16 to 2024–25+60%San Mateo overall: +63%
Price per sq ft (2025)$1,227
Days on market (2025)12median of the year's sales
Sale-to-list (2025)108.0%above 100% = over asking

Single-family homes in Lakeshore sold for a median of about $927K in 2015–16 and $1.48M in 2024–25, a 60% increase, behind San Mateo as a whole (+63%). Prices peaked in 2021 at $1.65M. In 2025, homes here sold quickly (median 12 days on market) and usually above asking (108.0% of list price on average). So far in 2026 (10 sales through September), the median is $1.51M.

Thinking about buying or selling in Lakeshore?

I can pull the exact comps for your street and walk you through what they mean.

Source: MLSListings, Inc. closed sales, 2015–September 2026, summarized by Drew Lehr. Neighborhood figures combine the MLS area(s) that make up Lakeshore; where there are several, yearly figures are sales-weighted. Information deemed reliable but not guaranteed.