Skip to main content

Millman Team Real Estate

$3,495,000
4 Bed
4 Bath
3,210 Sqft
0.21 Acre Lot

1257 Magnolia Avenue, San Carlos, California 94070

  • Residential Property Type
  • 3,210 Sqft Square Footage
  • 1937 Year Built
Property Description

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.

Basic Details
Residential
For Sale
ML82047658
$3,495,000
4
4
1
3,210 Sqft
1937
0.21 Acre
Active
3
Single Family Residence
: Tar/Gravel
Features
: In Ground
: Forced Air
: Central Air
: Living Room
: Tile, Wood
: Walk-In Closet(s)
: Public Sewer
$0
Appliances
: Dishwasher, Washer, Disposal, Refrigerator, Range Hood
Address Map
CA
San Mateo
San Carlos
94070
Magnolia
1257
Avenue
W123° 44' 8.2''
N37° 30' 30''
Cross Street: Laurel Street
699 - Not Defined
RM0000
Neighborhood
Other
Additional Information
$0
$0
$0
$0
$0
: Slab
2.0
: Level
2026-05-19
2
: Public
Broker/Agent Information
Sequoia Realty Services
Gregory Garcia
Listing Information
ML478558
ML34077
Active
2026-06-11T03:51:49Z
CRMLS
: Standard
2026-05-18T00:15:57Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us