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Gramercy On the Park

Gramercy On the Park

Gramercy On the Park
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

555 Laurel Ave
San Mateo, CA 94401-4150
149 Units
6 Stories
1980 Year Built
$755K - $3.7M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Doorman
  • Borel Middle School Rated A-
  • Fitness Center
  • Indoor Pool
  • Rooftop Deck
  • 2 min walk to San Mateo Central Park

Urban Oasis in Downtown San Mateo

Gramercy On the Park stands as a prominent fixture in the heart of Downtown San Mateo. Completed in 1980, this six-story condominium complex houses 149 units, offering residents a blend of luxury living and urban convenience. The building's prime location across from Central Park provides a unique balance of city life and natural beauty. With its distinctive design and array of amenities, Gramercy On the Park has become a sought-after address for those seeking a sophisticated lifestyle in the bustling San Francisco Peninsula.

Spacious Layouts with Premium Finishes

Gramercy On the Park offers a diverse range of floor plans to suit various lifestyles, from cozy one-bedroom units to expansive four-bedroom residences. The one-bedroom layouts span from 1,095 to 2,208 square feet, featuring two to three bathrooms and selling for $760,000 to $899,000. These units often include oversized windows, providing ample natural light and, in some cases, views of Central Park or the city skyline. Two-bedroom units, ranging from 1,370 to 2,189 square feet with two to three bathrooms, are priced between $1,260,000 and $1,390,000. Many of these residences boast open floor plans with elegant living and dining areas, perfect for entertaining. Some units feature enclosed patios or balconies, offering private outdoor spaces to enjoy the California weather. For those requiring more space, the three-bedroom units span 2,454 to 3,116 square feet, with two and a half to four bathrooms, and are priced around $2,420,000. These larger residences often include master suites with walk-in closets and luxurious bathrooms, as well as spacious living areas with fireplaces. The most expansive options are the four-bedroom units, ranging from 2,688 to 4,801 square feet, with three to four and a half bathrooms, priced around $2,340,000. These premium residences often feature multiple living areas, gourmet kitchens with high-end appliances, and generous storage space. Throughout the building, units showcase a variety of high-end finishes such as hardwood floors, stone countertops, and stainless steel appliances. Many residences have been updated with modern fixtures and smart home technologies. In-unit laundry facilities are standard across all floor plans, adding to the convenience of living at Gramercy On the Park. Monthly HOA fees range from $1,300 to $1,500, covering a comprehensive list of services including cable/dish, common area electricity, door person, garbage, maintenance of common areas, management fees, reserves, roof maintenance, and water/sewer expenses. This all-inclusive fee structure ensures residents can enjoy a worry-free lifestyle in this premier condominium complex.

Resort-Inspired Amenities for Luxurious Living

Gramercy On the Park distinguishes itself with an impressive array of amenities designed to enhance residents' daily lives. The centerpiece is a stunning 7-story garden atrium featuring an Olympic-length pool with a retractable roof, creating a year-round oasis for swimming and relaxation. This unique feature allows residents to enjoy outdoor-style swimming regardless of the weather, blending the best of indoor and outdoor living. The building's commitment to wellness is evident in its state-of-the-art gym, which offers a comprehensive range of fitness equipment to suit all exercise preferences. For those seeking relaxation after a workout, the spa area includes a sauna, steam room, and indoor hot tub, providing a perfect retreat for unwinding and rejuvenation. Social gatherings are well-accommodated with a rooftop deck that boasts breathtaking views of the surrounding area. This space is equipped with comfortable seating, a grill, and shaded sections, making it an ideal spot for hosting friends or enjoying a quiet evening outdoors. Additionally, a library and recreation room offer indoor spaces for leisure and socializing. Security and convenience are paramount at Gramercy On the Park. The building provides 24/7 lobby attendant service, ensuring a safe and welcoming environment for residents and their guests. The underground parking garage offers secure parking, with some spaces equipped with EV charging stations to accommodate the growing number of electric vehicles. For added convenience, the building offers additional storage units, allowing residents to maximize their living spaces without sacrificing storage needs. The presence of multiple elevators, including glass-enclosed ones that overlook the atrium, ensures easy access to all floors while providing a unique visual experience. These thoughtfully curated amenities create a living experience that goes beyond the individual units, fostering a sense of community and luxury within Gramercy On the Park.

Vibrant Downtown Living with Park-Side Charm

Gramercy On the Park enjoys a prime location in the heart of Downtown San Mateo, offering residents the perfect blend of urban convenience and natural beauty. The building's position directly across from San Mateo Central Park provides an unparalleled amenity right at its doorstep. This 16-acre urban oasis features lush gardens, walking trails, and recreational facilities, serving as an extension of residents' living spaces. The surrounding neighborhood is a hub of activity, with a diverse array of dining options to satisfy any palate. Just a short walk away, residents can indulge in upscale dining at establishments like The Barrel Bistro and Wine Bar or experience innovative Indian fusion cuisine at All Spice. For those who prefer cooking at home, Draeger's Market, an upscale grocery store known for its gourmet offerings, is conveniently located nearby. Shopping enthusiasts will appreciate the proximity to a variety of retail options. The area boasts a mix of boutique shops and well-known brands, catering to diverse tastes and needs. Fashion-forward residents can explore stores like Morning Glory or Les Deux Copines, both offering curated selections of women's clothing and accessories. For fitness enthusiasts, the neighborhood provides ample options beyond the building's in-house gym. Holly Roser Fitness Studio and THE FITNESS FARM are within walking distance, offering specialized workout programs and classes. The neighborhood's walkable nature allows residents to easily access these amenities, fostering a sense of community and connection to the vibrant Downtown San Mateo area. This combination of urban convenience, natural beauty, and cultural richness makes the location of Gramercy On the Park truly exceptional.

Strategic Location for Bay Area Connectivity

Gramercy On the Park's location in Downtown San Mateo offers residents excellent transportation options, facilitating easy access to the entire Bay Area. The San Mateo Caltrain station, a mere 10-minute walk from the building, provides convenient rail service to San Francisco, Silicon Valley, and other key destinations along the Peninsula. This proximity to public transit makes commuting to major tech hubs and business centers a breeze, without the need for a car. For those who prefer to drive, the building's location provides easy access to major highways. Interstate 280 and Highway 101 are both within quick reach, offering direct routes to San Francisco, San Jose, and other parts of the Bay Area. The building's underground parking garage, complete with EV charging stations, caters to car owners and electric vehicle enthusiasts alike. Air travel is remarkably convenient from Gramercy On the Park. San Francisco International Airport is just a 10-minute drive away, making both domestic and international travel highly accessible. For those needing alternative options, Oakland International Airport and San Jose International Airport are both reachable within about 35 minutes by car. The neighborhood's high walkability means that many daily errands and leisure activities can be accomplished on foot, reducing the need for frequent car use. This pedestrian-friendly environment, combined with the area's bike-friendly infrastructure, provides residents with multiple options for getting around the immediate vicinity. For those occasional trips that require neither a personal vehicle nor public transit, ride-sharing services are readily available in the area, offering an additional layer of transportation flexibility. This strategic location, coupled with diverse transportation options, positions Gramercy On the Park as an ideal home base for professionals and families alike, balancing the tranquility of a park-side residence with the connectivity demanded by modern urban living.

Available Condos

No units matching this criteria are available right now.

Building Details

Recreation

  • Fitness Center
  • Indoor Pool
  • Heated Indoor Pool
  • Heated In Ground Pool
  • Spa
  • Community Pool

Amenities

  • City Lights Views
  • Doorman
  • Rooftop Deck
  • Sauna
  • Community Storage Space
  • Controlled Access

Parking

  • 1 Car Garage
  • 1 - 2 Garage Spaces Per Unit
  • Electric Vehicle Home Charger
  • Secured Garage or Parking
  • Guest Parking
  • On-Street Parking

Condo Association

  • $1,452 Monthly HOA Fees
  • Monthly HOA Fees Range from $1,434 - $1,747
  • Association fees include common area electricity, decks, door person, exterior painting, garbage, insurance - common area, insurance - liability, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, organized activities, pool spa or tennis, recreation facility, reserves, roof, security service, water / sewer
  • Gramercy On The Park Association
  • Built by Gramercy on the Park

Building Design

  • Fire Sprinkler System
  • Trash Chute
  • Elevator

Unit Features

  • Laundry Room
  • Balcony

Unit Information

Unit
330
527
Beds
1 Bed
2 Beds
Baths
2 Baths
2 Baths
Sq Ft
1,095
1,370
Price
$780,000
$995,000
Price / Sq Ft
$712 / Sq Ft
$726 / Sq Ft
List Date
04/04/2025
03/07/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
1,529
Est. Values
None Available
1 Bedroom Units
Sq Ft Range
1,095 - 2,208
Est. Values
$755,081 - $1,775,435
2 Bedroom Units
Sq Ft Range
1,370 - 2,189
Est. Values
$1,017,289 - $1,773,942
3 Bedroom Units
Sq Ft Range
2,454 - 3,116
Est. Values
$1,635,118 - $2,806,191
4 Bedroom Units
Sq Ft Range
2,688 - 4,801
Est. Values
$1,892,835 - $3,669,916
All Units
Sq Ft Range
1,095 - 4,801
Est. Values
$755,081 - $3,669,916

Map

Area Factors

Moderate Crime

Crime Score®

5 / 10

Very Bikeable

Bike Score®

84 / 100

Walker's Paradise

Walk Score®

98 / 100

Good Transit

Transit Score®

50 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

68 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$51K - $3.0M
Range of Taxes in Building
$2,499 - $35,799
Range of Taxes per Sq Ft
$1.40 - $13.46

Property Tax History

Source: Public Records

Building Website

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.