Foster City · San Mateo County

Marina Point

Marina Point Homeowners Association is a 364-unit condominium and townhome HOA built in 1976.

Median Sale
$2,247,713
March 2026 · 10 closings

Marina Point Real Estate Market Snapshot

Median Sale Price
$2,247,713
+2.2% vs prior-year median
Avg. Days on Market
20
% List Price Received
106%
Months of Inventory
0.8
Homes Sold (March 2026)
10
Median price trend
2025 · $2,200,000 March 2026 · $2,247,713
List-price received
106%
90%100%120%+

As of March 2026 · Source: SAMCAR/MLSListings

Living in Marina Point

Marina Point is a 364-unit condominium and townhome HOA in Foster City, built in 1976 along Beach Park Boulevard with direct frontage on the city's central lagoon (City of Foster City HOA Prototypes). The community is governed by a mandatory homeowners association with an active board of directors, and dues fund extensive shared maintenance covering pools, common landscaping, and waterfront walkways. The pocket is one of the largest mandatory HOAs in Foster City and sits on engineered fill characteristic of the broader master-planned city.

Schools

Marina Point falls within the San Mateo-Foster City School District at the K-8 level, with most addresses zoned to nearby Foster City elementary schools and Bowditch Middle School (San Mateo-Foster City School District). High school students attend the San Mateo Union High School District, typically Aragon or San Mateo High School. Buyers should confirm specific elementary attendance with the district before writing offers, since boundaries can shift between adjacent Beach Park Boulevard addresses.

Lifestyle

Daily life in Marina Point centers on lagoon access, HOA-maintained pools, and the Beach Park Boulevard waterfront path that loops through Foster City's central recreation corridor. The community's 1976 site plan includes shared pool decks and landscaped walkways governed by the association's CC&Rs and Waterfront Setback Policy 92-2001 (Foster City Planning Commission). Leo J. Ryan Park, the central lagoon, and Foster City's recreation center are within a short drive or walk along the lagoon path.

Commute

Marina Point's Beach Park Boulevard location places State Route 92 and the San Mateo-Hayward Bridge approach within roughly five minutes, with US-101 reachable in seven to ten minutes. The Hillsdale Caltrain station on the western flatland side of San Mateo provides rail access to San Francisco and Silicon Valley. San Francisco International Airport sits approximately fifteen minutes north via US-101.

Market

The Marina Point Market Right Now

Marina Point trades inside the broader Foster City attached-housing market rather than the single-family detached pool, but parent-city single-family numbers frame the surrounding price ecosystem: the 2025 annual median sat at $2,200,000 across 103 closings with a median price-per-square-foot of $1,130 and an average seventeen days on market (SAMCAR/MLSListings). March 2026 ran tighter, with a citywide single-family median of $2,247,713, median PSF of $1,064, and list-price-received of 106% (SAMCAR/MLSListings). Condos and townhomes within Marina Point typically trade well below the detached single-family median, with HOA dues, square footage, lagoon-frontage, and unit-level updates as the dominant variables. Buyers focused on this pocket should expect pricing to reflect attached-housing benchmarks rather than the citywide single-family median.
Transactions

What Buyers and Sellers Should Know About Marina Point

Marina Point is governed by a mandatory homeowners association (Foster City HOA Prototypes), so buyers must review the full HOA document package — CC&Rs, bylaws, financials, reserve study, and current dues — during the contingency period. Lagoon-frontage units carry Waterfront Setback Policy 92-2001 view-protection setbacks recorded as restrictions on the property (Foster City Planning Commission Policy 92-2001). At closing, Foster City's documentary transfer tax of $1.10 per $1,000 of consideration applies, split $0.55 city / $0.55 San Mateo County (San Mateo County Association of REALTORS). Sellers should disclose the city's location on engineered fill (sea-level-rise NHD natural hazard zone), HOA membership, and any waterfront setback restrictions for lagoon-frontage parcels (SAMCAR). Foster City has no city-specific point-of-sale private sewer lateral compliance ordinance, and the sanitary system is operated by the Estero Municipal Improvement District (Foster City Public Works).
Field Notes

Market Notes by Lisa M. Lum

Frequently Asked Questions about Marina Point

How large is the Marina Point HOA?
Marina Point is a 364-unit condominium and townhome community built in 1976, making it one of the largest mandatory HOAs in Foster City (City of Foster City HOA Prototypes).
Are HOA dues required at Marina Point?
Yes. Marina Point is a mandatory HOA with an active board of directors. Dues fund pools, common landscaping, waterfront walkways, and shared maintenance. Buyers should request the current dues schedule and reserve study during contingency.
Do lagoon-frontage units at Marina Point have special restrictions?
Lagoon-frontage parcels in Foster City carry Waterfront Setback Policy 92-2001 view-protection setbacks recorded against the property, plus special fence, wall, and hedge standards (Foster City Planning Commission Policy 92-2001).
What documentary transfer tax applies at closing in Foster City?
Foster City applies the standard $1.10 per $1,000 documentary transfer tax, split $0.55 city / $0.55 San Mateo County. The 2025 charter-city ballot measure was not pursued, so the standard rate remains (SAMCAR).
What disclosures are typical for Marina Point sellers?
Standard California disclosures (TDS, NHD, SPQ) plus the engineered-fill sea-level-rise NHD zone, full HOA package, and any waterfront setback restrictions for lagoon-frontage units (SAMCAR; Foster City Waterfront Setback Policy).
What is the transfer tax in Marina Point, San Mateo County?
San Mateo County charges a base transfer tax of $1.10 per $1,000 of consideration, paid by the seller at close. Some cities add a local supplemental tax. Marina Point does not impose an additional municipal transfer tax beyond the county base.
Does Marina Point require a sewer lateral inspection at sale?
Several San Mateo County jurisdictions require a private sewer lateral compliance certificate before close of escrow. The requirement varies by city — confirm with your transaction coordinator early in the listing process.
What disclosures are required when selling a home in Marina Point?
California requires Transfer Disclosure Statement, Natural Hazard Disclosure, lead-based paint (pre-1978), water-conserving plumbing fixtures, and smoke and carbon monoxide alarm certifications. San Mateo County properties may also require sewer lateral compliance and local supplemental disclosures.
What is the difference between median and average home price in Marina Point?
Median price is the middle number when all sale prices are sorted — half of homes sold above, half below. It resists distortion from a few very expensive sales. Average price is the arithmetic mean and can be skewed upward by individual high-end transactions. Median is the more reliable indicator of typical Marina Point home pricing.

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Last updated 2026-05-06 · By Lisa M. Lum, Realtor® · Coldwell Banker Realty · DRE 02005150