101 King Street, Redwood City, California 94062, Redwood City, 94062 - 4 bed, 3 bath
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Redwood City, California 94062
This property presents a High-Potential Investment Opportunity with a List Price of $2,398,888—positioned above the $2,094,129 Fair Market Value. While the price reflects a premium, the 8,288 sq. ft. lot and Mt. Carmel location offer significant development upside. With a Condition Rating of 5, the home requires a full renovation, yet provides a solid 4-bedroom, 3-bath footprint. Proximity to Central Middle School (9/10) and Stafford Park enhances long-term value. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a custom rebuild project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 King Street Subject | $2,398,888* List Price | 4 | 3 | 1,660 | $1,262 | - |
A 319 Fulton Street Sold | $1,785,000 | 3 | 2 | 1,500 | $1,190 | 0.4 mi |
B 2550 Eaton Avenue Sold | $1,900,000 | 3 | 2 | 1,860 | $1,022 | 0.7 mi |
C 524 Alameda De Las Pulgas Active | $1,789,900 List Price | 3 | 2 | 1,270 | $1,409 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941, this property is over 80 years old with a kitchen and bathrooms that appear significantly dated (30+ years). The listing explicitly markets the property as a 'diamond in the rough' where the primary value is in the lot and location, suggesting a full rehab or rebuild is necessary.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8288, living area = 1660.
Middle School: Central Middle School (9/10).
Situated in a highly desirable neighborhood directly across from Stafford Park, the property offers exceptional access to downtown Redwood City, Caltrain, and major commute corridors.
Described as a 'diamond in the rough,' the 1941-built home likely requires substantial capital investment to address aging systems and cosmetic updates.
With a list price near $2.4M for a property marketed primarily for its land and location value, the total cost after necessary improvements may challenge some buyer budgets.
Welcome to 101 King St, in highly desirable Mt. Carmel of Redwood City. Located across the street from Stafford park, this diamond in the rough is what you have been looking for. The value is in the large lot and location, location. Remodel, expand, add on a second story, rebuild, put an ADU, endless possibilities. One level, super wide frontage and a super large lot for this area, of nearly 8,288 sq. ft per county assessor (buyer to verify), with a generous 4 bedroom, 3 full bath, 1,660 sq. ft of living space, & two car garage & large covered porch. West of El Camino, fantastic location close to schools, shopping, downtown, 101/280, Caltrain, and more. Clifford school district. You don't want to miss out on this one. Great summer concerts you can watch from the porch.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-8 • 0.9 mi
Grades 5-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,660 | 1,523.5 |
| Lot Size | 8,288 | 6,665 |
| Price | $2.40M | $2.23M |
| Price per sq ft | $1.4K | $1.3K |
| Built year | 1941 | 1951 |
| HOA | $0 | $0 |
| Days on market | 21 | 32 |
Jul 1, 2026
$2,398,888
Initial Listing