For Sale
$3,495,000
1257 Magnolia
San Carlos, CA

1257 Magnolia, San Carlos, CA, 94070

  • 4beds
  • 3baths
  • 3,210sqft
  • 0.21acre
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 agent:
Gregory Garcia
License #01009536
Sequoia Realty Services
1257 Magnolia is a Residential Single Family Residence property located in San Carlos, California, featuring a 0.215 acre lot, 3,210 sqft, 4 bedrooms, 3.75 full baths, MLS #ML82047658.