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Mariner's Isle San Mateo, CA

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

About the neighborhood

Living in Mariner's Isle

Mariner's Isle is east of Highway 101 in San Mateo on the Marina Lagoon, which was originally called Seal Slough until developers decided the name wouldn't attract buyers. Its single-family homes and waterfront condos date mostly from the 1960s and '70s, and like neighboring Foster City it has a planned, waterfront feel; condos and townhomes make up most of the sales. Single-family homes have a 12-month median around $1.6M, and the condo median was about $752K in 2025.

Parking & walkability: Condo and townhome complexes include assigned parking with more limited guest spaces, and single-family homes have driveways and garages. The lagoon paths and Bay Trail are close by, Bridgepointe's shopping is a short drive, and Highway 92 and 101 are a few minutes away.

Mariner's Isle market snapshot

What homes in Mariner's Isle are doing

12-mo median (single-family)$1.6M7 sales, last 12 months
Median change, 2015–16 to 2024–25+61%San Mateo overall: +63%
Price per sq ft (2025)$1,141
Days on market (2025)30median of the year's sales
Sale-to-list (2025)99.8%above 100% = over asking

Single-family homes in Mariner's Isle sold for a median of about $1.03M in 2015–16 and $1.66M in 2024–25, a 61% increase, roughly in line with San Mateo as a whole (+63%). Prices peaked in 2024 at $1.74M. In 2025, homes here sold at a moderate pace (median 30 days on market) and close to asking (99.8% of list price on average). So far in 2026 (5 sales through September), the median is $1.63M.

Thinking about buying or selling in Mariner's Isle?

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