
San Carlos, California 94070
This Starter Home with Expansion Potential is listed at $1,495,000, representing a stable entry point at its $1,495,000 Fair Market Value. Boasting a Fair Condition Rating, the residence features recent interior updates including new flooring, fresh paint, and new kitchen appliances. The property is situated on a 5,000 sqft lot within the prestigious San Carlos Elementary School District, just minutes from the 9/10 rated Central Middle School. With a detached garage offering significant value-add possibilities, this home is a strategic choice for first-time buyers or Owner-Occupants seeking long-term appreciation in a high-demand community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1024 Springfield Drive Subject | $1,495,000* List Price | 3 | 1 | 970 | $1,541 | - |
A 1172 Elm Street Sold | $1,915,000 | 3 | 2 | 1,150 | $1,665 | 1.0 mi |
B 937 Mc Cue Avenue Active | $1,498,000 List Price | 3 | 1 | 1,150 | $1,303 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1948, has received recent cosmetic updates including new flooring, carpet, fresh paint, and new kitchen appliances (stove and refrigerator). The kitchen and bathroom appear clean and functional with updated fixtures and vanity, making the interior move-in ready. However, the significant age of the home (76 years old) suggests that major underlying systems (plumbing, electrical, roof) may be original or outdated, even if currently functional. Crucially, the description explicitly states an 'extra large detached (but run down) garage,' indicating a significant area of deferred maintenance or required rehabilitation. While the interior is cosmetically refreshed, the overall age and the condition of the garage prevent it from being classified as 'Good' or 'Excellent.' It fits the 'Fair' criteria of being aged but maintained through occasional updates, likely requiring further minor updates or repairs, especially concerning the garage and potential major system upgrades due to its age.
Located in a 'fantastic neighborhood' within 'lovely San Carlos,' known for its friendly community, excellent amenities, and desirable San Carlos Elementary School District, offering strong long-term value.
The 5,000 sq ft lot and the explicit mention that 'most homes in this neighborhood have been expanded' highlight a clear opportunity for buyers to add square footage and value in the future.
Features new flooring, carpet, fresh paint, and new kitchen appliances (stove and refrigerator), providing a clean, updated, and move-in ready interior.
The property features only one bathroom for three bedrooms, which is a significant functional limitation for modern living and may necessitate future expansion or renovation.
At 970 sq ft, the home's interior is relatively small, which might not meet the space requirements of all potential buyers, especially given the price point in San Carlos.
The 'run down' condition of the extra-large detached garage, despite its potential, represents an immediate capital expenditure for renovation or demolition.
Welcome to this charming 3-bedroom, 1-bathroom home located in lovely San Carlos. 970 sq ft home on a 5000 sq ft lot. Kitchen has new stove and refrigerator. The home is equipped with central forced air heating powered by gas, ensuring comfort during cooler months. The living room has a fireplace, creating a warm and welcoming atmosphere. This home features ample natural light and comfortable living spaces. New flooring and carpet and fresh paint. For your convenience, there is a dedicated laundry area inside the home. The property has a extra large detached (but run down) garage with lots of possibilities. There is a spacious backyard. Most of the homes in this neighborhood have been expanded. This is a starter home in a fantastic neighborhood. Situated in the San Carlos Elementary School District, this property is ideally located. Enjoy all the benefits of living in San Carlos, with its friendly community and excellent amenities. Don't miss the opportunity to make this delightful house your new home.
No exterior & parking available.
Grades 6-8 • 0.7 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 1.0 | 3.0 | 9% |
| Square foot | 970 | 2,050 | 3% |
| Lot Size | 5,000 | 7,306.5 | 14% |
| Price | $1.50M | $2.85M | 2% |
| Price per sq ft | $1.5K | $1.4K | 74% |
| Built year | 1948 | 1954 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 436 | 102 | 0% |
Feb 10, 2025
$1,495,000
Initial Listing