1257 Magnolia Ave

San Carlos CA 94070

3210 sq. ft.

9344 sq. ft.

Single-Family

Currently for sale - view listing

Overview

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.

Features

4 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

3210 sq. ft. floor area

9344 sq. ft. lot size

Single-Family

Property history for 1257 Magnolia Ave

2016

Sold

$2,500,000

05 May 2016 by Victoria Costantini, of Golden Gate Sotheby's International Realty

2012

Sold

$1,300,000

12 Oct 2012 by John Nelson, of Coldwell Banker

2012

Sold

$800,000

28 Mar 2012 by David Macdonald, of David J. Macdonald Real Estate

Happy sellers in San Carlos

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