1257 Magnolia Avenue, San Carlos, California 94070

  • $3,495,000
1257 Magnolia Avenue, San Carlos, CA 94070
Active
1257 Magnolia Avenue, San Carlos, California 94070
1257 Magnolia Avenue, San Carlos, CA 94070
  • $3,495,000

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.

  • Address 1257 Magnolia Avenue
  • State/county CA
  • Zip/Postal Code 94070

Details

Updated on June 11, 2026 at 3:51 am
  • Property ID: ML82047658
  • Price: $3,495,000
  • Land Area: 0.2145 Acres
  • Bedrooms: 4
  • Bathrooms: 4
  • Garages: 2.0
  • Year Built: 1937
  • Property Type: Single Family Residence, Residential
  • Property Status: Active

Additional details

  • Roof: Tar/Gravel
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Flooring: Tile, Wood
  • County: San Mateo
  • Property Type: Residential
  • Pool: In Ground

Contact Information

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  • Hoyt Hochman