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1257 Magnolia Avenue, San Carlos, CA 94070

$3,495,000 Approx. USD 4 beds, 4 baths
3,210 sqft

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Gregory Garcia | greggarciahomes@gmail.com
Lic#: 01009536
Broker: Courtesy of Sequoia Realty Services
Phone: 650-771-0656

Agent Remarks

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 Details

Property type: Single Family Residence (Single Family)

Status: Active

MLS# ML82047658

Price: $3,495,000

Beds: 4

Baths: 4 (3 full) (1 half)

Living Room fireplaces

Built in 1937

3,210 sqft

0.21 acres

Lot size: 0.2145

County: San Mateo

Zoning: RM0000

Interior features: Walk-In Closet(s)

Appliances: Dishwasher,Disposal,Refrigerator,Range Hood,Washer

Lot description: Level

Heating/cooling: Central Air

Heating description: Forced Air

MLS area: 699 - Not Defined

Last Updated: 6/11/2026

Days On Market (DOM): 77

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.508337, -122.264385.
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