1257 Magnolia Avenue, San Carlos, CA, CA 94070
- $3,495,000
- 4
- BD
- 4
- BA
- 3,210
- SqFt
- List Price
- $3,495,000
- Price per Square Foot
- $1,088
- Status
- ACTIVE
- MLS#
- ML82047658
- County
- San Mateo
- Year Built
- 1937
- Bedrooms
- 4
- Bathrooms
- 4
- Living Sq. Ft
- 3,210
- Lot Size
- 9,344
- Days on Market
- 73
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
Property Description
Prime San Carlos location! Spacious 4-bedroom, 3.5-bath home with approximately 3,210 sq. ft. of living space on a 9,344 sq. ft. lot. Features include a gourmet kitchen with center island, granite countertops, and stainless-steel appliances; living room with fireplace; sunroom overlooking the pool; and family room with built-in cabinetry. A flexible ground-floor suite offers potential as a junior ADU. Upstairs are two generous bedrooms plus a primary suite with fireplace, jetted tub, double vanity, and walk-in shower. The park-like yard includes an in-ground pool, and the two-car garage with attached room may offer additional ADU potential. INVESTMENT POTENTIAL: Exceptional development opportunity! Included are fully approved, permit-ready plans for nine condominium units. Additional upside may exist to increase the project to as many as 16 units under current zoning and recent state housing laws. Prime transit-oriented location eliminates parking requirements. Extensive due diligence has been completed, including soils reports, surveys, and other key pre-development work. Close to shopping, dining, transportation, and vibrant downtown San Carlos.
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Additional Information
- Lot Features
- Level
- Interior Features
- Walk-In Closet(s)
- Appliances
- Dishwasher, Disposal, Refrigerator, Range Hood, Washer
- Pool Description
- In Ground
- Fireplace Description
- Living Room
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- Roof
- Tar/Gravel
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
Listing courtesy of Listing Agent: Gregory Garcia (greggarciahomes@gmail.com) from Listing Office: Sequoia Realty Services.
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