NOT LISTED FOR SALE

Estimated Value: $2,214,514

3 Beds
1 Bath
1,300 Sq Ft
$1,703/Sq Ft Est. Value

Sale Details

Date Sold: June 2, 2026

Last sale price $2,165,000 $1,665 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $12,101 / mo

14 Days on Market

Highlights

  • 0.33 Acre Lot
  • Subterranean Parking
  • Dining Area
  • Arundel Elementary School Rated A
  • Forced Air Heating System
  • 5-minute walk to Rosek park

About This Home

As of June 2026

Welcome to 265 Chestnut Street, a rare opportunity set on an expansive 14,379 sq ft lot in one of San Carloss most desirable neighborhoods. Perched atop a hill, the property enjoys sweeping views and an elevated setting, offering exceptional potential for expansion, redevelopment, or a custom vision. The generous lot size provides ample room to reimagine the existing home, expand square footage, or create a truly special indooroutdoor living experience. Its hillside position enhances privacy and outlook, making it an ideal canvas for buyers, builders, or investors seeking a high-upside opportunity in a prime Peninsula location. Conveniently located just minutes from Hillsdale Shopping Center, Downtown San Mateo, and everyday essentials including Whole Foods, Costco, Trader Joes, and Target, the property also offers close proximity to top-rated schools, neighborhood parks, and major commuter routes. Easy access to Highway 101 ensures a seamless commute throughout the Peninsula, Silicon Valley, and San Francisco. 265 Chestnut Street presents a compelling opportunity to create something exceptional on a large lot with views, location, and long-term value in one of San Carlos most sought-after areas.

Last Agent to Sell the Property

Wilson Leung

KW Advisors License #01904259 Listed on: 04/28/2026

KW Advisors

Last Buyer's Agent

Dan Fridman

Ektra Real Estate License #02223329

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 14,379 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 1 Car Garage

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 050-045-420

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0.33 Acres

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1300
  • Incorporated: Yes
  • Year Built: 1942
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 1300
  • Stories: 1
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Underground Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 050-045-420
  • Lot Acres: 0.3301
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14379.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14379.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2026
Closed on
May 28, 2026
Sold by
Martinez Ornum and Cobbey Sova Revocable Trust
Bought by
Seller's Agent
Wilson Leung
KW Advisors
Buyer's Agent
Dan Fridman
Ektra Real Estate
List Price
$2,500,000
Sold Price
$2,165,000
Premium/Discount to List
-$335,000
-13.4%
Views
106
Current Estimated Value
$2,214,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,514
Avg. Annual Appreciation
8.11%
Original Mortgage
$1,732,000
Outstanding Balance
$1,729,147
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$485,367

Purchase Details

Closed on
Apr 13, 2023
Sold by
Sova Cobbey
Bought by
Cobbey Sova Revocable Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/02/2026 06/02/26 Sold $2,165,000 -13.4% $1,665 / Sq Ft
05/12/2026 05/12/26 Pending -- -- --
04/28/2026 04/28/26 For Sale $2,500,000 -- $1,923 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,190 $244,219 $113,230 $130,989
2023 $4,124 $234,737 $108,834 $125,903
2022 $3,911 $230,135 $106,700 $123,435
2021 $3,822 $225,623 $104,608 $121,015
2020 $3,744 $223,311 $103,536 $119,775
2019 $3,669 $218,933 $101,506 $117,427
2018 $3,554 $214,641 $99,516 $115,125
2017 $3,474 $210,433 $97,565 $112,868
2016 $3,366 $206,307 $95,652 $110,655
2015 $3,356 $203,209 $94,216 $108,993
2014 $3,216 $199,229 $92,371 $106,858
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML82040005

MLSListings

APN: 050-045-420

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