Listing Agent: Gregory Garcia      Broker/Office: Sequoia Realty Services
1257 Magnolia Avenue San Carlos CA 94070
$ 3,495,000
  4   |    3 Full  1 Half   |    3210 Sq Feet

Listing ID

#ML82047658

Status

Active

Property Type

Single Family Residence

County

San Mateo

Year Built

1937

Days on website

3

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.
Location
Financial Information
List Price:  $ 3495000
Property Features
Appliances:  Dishwasher, Disposal, Refrigerator, Washer
Flooring:  Tile, Wood
Foundation Details:  Slab
High School District:  Other
Lot Features:  Level
Water Source:  Public
High School District:  Other
MLS Area Major:  699 - Not Defined
City:  San Carlos
Listed By:   Gregory Garcia   Sequoia Realty Services 
CA Lic#