Live Near the Water? What You Need to Know Before Buying in Redwood Shores, CA

By Carmen Miranda, San Mateo County Real Estate Expert

There is something undeniably special about living near the water. In Redwood Shores, CA, waterfront living means peaceful lagoons, scenic Bay Trail walks, and homes designed to embrace natural light and open space. For many buyers exploring San Mateo County real estate, Redwood Shores stands out for its balance of tranquility, convenience, and strong long-term value.

As a San Mateo County real estate expert, I often work with clients specifically seeking waterfront or water-adjacent properties in Redwood Shores. While the lifestyle is exceptional, there are important considerations buyers should understand before making a purchase. Waterfront real estate requires a slightly different lens, and knowing what to look for can make all the difference.

Redwood Shores is a master-planned waterfront community within Redwood City, bordered by the San Francisco Bay. The neighborhood is known for its lagoons, wide residential streets, and thoughtfully designed subdivisions. Many homes back directly onto waterways, while others sit just a short walk from the Bay Trail.

Unlike oceanfront properties, Redwood Shores features protected lagoons and shoreline areas that create a calmer waterfront environment. Buyers can find a mix of single-family homes, townhomes, and condominiums, many built between the 1970s and early 2000s, with some updated or newly renovated properties available.

Understanding micro-locations within Redwood Shores is key. Lagoon-facing homes, perimeter waterfront homes, and interior properties each offer different views, privacy levels, and price points.

One of the first questions buyers ask when considering waterfront property in Redwood Shores is about flood risk. Because the community sits near the Bay, certain properties may fall within designated flood zones.

Flood insurance requirements vary depending on the property’s elevation, specific FEMA designation, and financing type. Some homes may require flood insurance if financed through certain lenders, while others may not.

I always advise buyers to review Natural Hazard Disclosure reports carefully and consult with insurance providers early in the process. Understanding potential insurance costs upfront ensures there are no surprises during escrow.

Many waterfront homes and townhomes in Redwood Shores are part of homeowners associations (HOAs). These associations often manage lagoon maintenance, landscaping, and common areas.

If you’re purchasing a property with direct water access—such as a private dock or shared lagoon frontage—it’s important to understand HOA rules and maintenance responsibilities. Some associations have specific guidelines regarding landscaping, fencing, and exterior updates to preserve the aesthetic consistency of the neighborhood.

Reviewing HOA documents, budgets, and reserve studies is a critical step when purchasing in Redwood Shores.

Waterfront living comes with added beauty—and some additional maintenance considerations. Homes near lagoons or the Bay may experience increased moisture exposure, which can affect exterior paint, decks, and landscaping over time.

Buyers should pay close attention to:

A thorough home inspection is especially important for waterfront properties. While many Redwood Shores homes are well maintained, proactive maintenance ensures long-term durability and value retention.

The appeal of Redwood Shores real estate extends far beyond the home itself. Residents enjoy immediate access to the Bay Trail for walking, running, and cycling. Kayaking and paddleboarding are popular recreational activities along the lagoons. Parks such as Marlin Park and Shorebird Park provide open space and community gathering areas.

For commuters, Redwood Shores offers convenient access to Highway 101, Oracle Parkway, and nearby Caltrain stations. Its central location between San Francisco and Silicon Valley makes it highly attractive for professionals working throughout the Peninsula.

Families also benefit from access to the Belmont-Redwood Shores School District, which is well regarded within San Mateo County.

Waterfront properties in Redwood Shores often command premium pricing due to their views, privacy, and scarcity. Lagoon-facing homes, in particular, tend to be highly desirable and experience strong demand.

While waterfront homes may have slightly higher maintenance or insurance considerations, they often retain value well because of their unique positioning. Limited supply contributes to long-term desirability.

As with any real estate investment, market conditions fluctuate. However, Redwood Shores has historically remained one of the Peninsula’s most stable and sought-after communities.

Another important factor to consider is how the home is positioned relative to the water. Some properties face wide lagoon views with significant privacy, while others may face neighboring homes across narrower waterways.

During showings, I encourage buyers to evaluate not only the view but also sightlines from neighboring properties, afternoon sun exposure, and wind patterns. These details influence both comfort and resale value.

Yes. Many homes in Redwood Shores are lagoon-front or Bay-adjacent, offering direct water views and access.

Not necessarily. Requirements depend on FEMA flood zone designation and lender guidelines.

Typically, yes. Lagoon-facing and perimeter waterfront homes often carry a premium due to their limited availability and views.

There can be additional exposure to moisture, so regular exterior upkeep is important.

Its waterfront setting, strong schools, and proximity to major employment centers support long-term demand.

Living near the water in Redwood Shores, CA offers a rare combination of serenity and convenience. With the right guidance, buying a waterfront home can be both a rewarding lifestyle choice and a smart financial decision.

If you’re considering purchasing in Redwood Shores or anywhere in San Mateo County, I would be honored to guide you through the process. Connect with me, Carmen Miranda, and discover whether waterfront living is the right fit for you.