1257 Magnolia Avenue, San Carlos, CA 94070

$3,495,000
4
BD
4
BA
3,210
SqFt

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List Price
$3,495,000
Status
ACTIVE
MLS#
ML82047658
Year Built
1937
Property Type
Detached
Bedrooms
4
Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,210
Lot Size
9,344
Acres
0.21
County
San Mateo
Subdivision
Ca

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.

Additional Information

Stories
2
Garage Spaces
2
Appliances
Dishwasher
Fireplace
Yes
Fireplace Features
Living Room
Flooring
Hardwood, Tile
Kitchen Features
Dishwasher, Eat-in Kitchen, Disposal, Kitchen Island
Laundry Features
Washer
Lot Description
Level
Pool
Yes
Roof
Tar/Gravel
Water Sewer
Public
Elementary School
San Carlos Elementary
High School
Sequoia Union High

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Calculator source: Real Geeks

Listing courtesy of Gregory Garcia from Sequoia Realty Services. 650-771-0656

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