$3,495,000

1257 Magnolia Avenue, San Carlos, CA 94070

  • 4 beds |
  • 4 baths |
  • 3,210 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1937
  • Property Lot Size Icon9,344sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $1,089/sqft
  • Property List Date Icon Listed 1 day ago

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.

Listing Status:
Active
Date Added:
May 19, 2026
Data Last Updated:
May 20, 2026 at 7:16AM
Listing Office:
Sequoia Realty Services : (650) 556-8660
Listing Agent:
Gregory Garcia : 650-771-0656
MLS ID:
ML82047658
  • General: Walk-In Closet(s)
  • Appliances: DishwasherDisposalRefrigeratorRange HoodWasher
  • Flooring: TileWood
  • A/C: Central Air
  • Heating: Forced Air
  • Fireplace: Living RoomFireplace
  • General: In Ground
  • Pool: In Ground
  • Parking: Parking spaces: 2
  • Roofing: Tar/Gravel
  • General: 2Slab
  • Originating MLS: CRMLS_MLSL
  • School District: Other
  • County: San Mateo
  • Zoning: RM0000050071020
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_MLSL

This listing courtesy of Gregory Garcia , Sequoia Realty Services

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby