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137 Elm Street, San Mateo CA 94401
137 Elm Street, San Mateo CA 94401
California>San Mateo>Downtown San Mateo

137 Elm StreetSan Mateo, CA 94401

For Sale

$2,075,000

Smart Buyer Rebate $20,750

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.

Listed by Michael G Verdone

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License #00480064

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Economic Concepts

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6502080669

Last updated September 01, 2026

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Source: CRMLS #ML82034015

Listing Facts

  • TypeSingle-family
  • NeighborhoodDowntown San Mateo
  • Bedrooms4
  • Bathrooms3
  • Days on Prevu222
  • Size2,380 sqft
  • Price per sqft$872

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

07/26/2026
Price Decreased
$2,075,000
02/06/2026
Listed by Economic Concepts
$2,175,000
  1. 07/26/2026$2,075,000
    Price Decreased
  2. 02/06/2026$2,175,000
    Listed by Economic Concepts

Property Details for 137 Elm Street

Exterior

Construction

  • Roof: Shingle
  • Stories Total: 2
  • Year Built: 1907
  • Architectural Style: Victorian
  • Common Walls: No Common Walls

Features

  • Other Structures: Workshop

Measurements

  • Lot Size Acres: 0.20
  • Lot Size Area: 9,000
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9,000
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 032291040

Interior

Features

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Range Hood
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Features: Walk-In Closet(s)

Measurements

  • Living Area: 2,380
  • Living Area Source: Assessor

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Gated
  • Parking Total: 2

Schools

High School

  • High School District: Other

Utilities

Equipment

  • Has Cooling: Yes
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 4 bedrooms and 3 bathrooms in this single-family home at 137 Elm Street.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 137 Elm Street.

How does 137 Elm Street compare to other single-family homes in Downtown San Mateo?

This single-family home is listed 37% above the average price for single-family homes in Downtown San Mateo and has been on the market for 89 more days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,380 sqft.

137 Elm Street is a 4-bedroom, 3-bath single-family home for sale in San Mateo CA 94401. Available on Prevu for 222 days at $2,075,000. This includes a recent price decrease of $100,000. This residence features 2,380 square feet of living space, located in Downtown San Mateo. The median listing price for single-family homes in this area is $998,500. Property amenities include dishwasher and parking. View other single-family home listings in San Mateo.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.