$2,988,000
NEW CONSTRUCTION

Estimated payment $17,108/month

Total Views 3,300
3 Beds
3 Baths
1,605 Sq Ft
$1,862 Price per Sq Ft

Highlights

  • Built in 1948 | Newly Remodeled
  • Two Primary Bedrooms
  • 2 Car Attached Garage
  • Arroyo Rated A
  • Wood Flooring
  • 4-minute walk to Burton Park

About This Home

Rare opportunity in San Carlos to transform and expand an existing 1,605 SF home into a spectacular 2,685 SF custom residence. The sale includes fully approved plans for an approximately 1,080 SF addition, creating a modern farmhouse with 5 bedrooms and 4.5 bathrooms, including a junior ADU with private bedroom, bathroom, living area, and efficiency kitchen. The flexible floor plan is designed for modern family living. The main level offers 3 bedrooms and 2.5 bathrooms, including a primary suite on the same floor as the additional bedrooms ideal for families with young children. The lower level adds a second primary suite, providing long-term flexibility as needs change over time. Also on the lower level is the junior ADU, perfect for extended family, guests, an au pair, or a private work-from-home space. The approved design features open-concept living, designer finishes, and seamless indoor-outdoor flow to landscaped front and rear yards. Modern farmhouse architecture includes a white exterior, black-framed windows, and a black roof. An exceptional opportunity for an end-user or developer, with fully approved plans. Close escrow on a Wednesday, start building on a Thursday. Comparable new construction suggests a potential value exceeding $4M. Recent sale on Elm was $4.75M.

Listing Agent

Mark Palermo

Compass License #01469372 Listed on: 08/14/2026

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948 | Newly Remodeled

Lot Details

  • West Facing Home
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage

Home Design

  • Home to be built
  • Home is estimated to be completed on 8/11/26
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,605 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 050-291-190

Home Details

Home Type

Single Family

Year Built

Built in 1948 | Newly Remodeled

Lot Details

5,271 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Estimated Completion Date: 08/11/2026
  • Listing Class: Residential
  • Range Price High Value: 4300000
  • Range Price Low Value: 4100000
  • Structure Sq Ft: 1605
  • Construction: New Construction, New-To Be Built
  • Year Built: 1948
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Island with Sink
  • Living Sq Ft: 1605
  • Stories: 2
  • Bedrooms: More than One Primary Bedroom
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower and Tub, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Property Faces: West
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • High School: 617

Lot Info

  • Parcel Number: 050-291-190
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5271.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5271.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Arroyo
  • High School Text: Carlmont High
  • Middle School Text: Central Middle

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2026 $8,409 $2,450,000 $2,200,000 $250,000
2025 $8,311 $622,256 $311,128 $311,128
2023 $8,311 $598,096 $299,048 $299,048
2022 $7,831 $586,370 $293,185 $293,185
2021 $7,697 $574,874 $287,437 $287,437
2020 $7,590 $568,980 $284,490 $284,490
2019 $7,484 $557,824 $278,912 $278,912
2018 $7,274 $546,888 $273,444 $273,444
2017 $7,157 $536,166 $268,083 $268,083
2016 $6,984 $525,654 $262,827 $262,827
2015 $6,961 $517,760 $258,880 $258,880
2014 $6,943 $507,618 $253,809 $253,809
Source: Public Records

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 Prior Sale
08/14/2026 08/14/26 For Sale $2,988,000 +22.0% $1,862 / Sq Ft
12/16/2025 12/16/25 Sold $2,450,000 +16.7% $1,526 / Sq Ft View Prior Sale
12/04/2025 12/04/25 Pending -- -- --
11/18/2025 11/18/25 For Sale $2,100,000 -- $1,308 / Sq Ft
Source: MLSListings

Purchase 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 Type Sale Price Title Company
Grant Deed $2,450,000 Fidelity National Title Compan
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $173,000 New Conventional
Previous Owner $204,846 Unknown
Previous Owner $225,500 Unknown
Source: Public Records

Source: MLSListings

MLS Number: ML82057362

MLSListings

APN: 050-291-190

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