
San Carlos, California 94070
This Updated Devonshire Canyon Residence is a Strong Value Opportunity, listed at $2,800,000—positioned well below the $2,992,725 Fair Market Value by 6%. This valuation gap provides $192,725 in Instant Equity for incoming buyers. Boasting a Good Condition Rating, the home features an updated kitchen, serene hill views, and a versatile bonus flex room on an expansive 11,286 sqft lot. Located near top-rated schools including Carlmont High and Ralston Intermediate, it perfectly balances lifestyle luxury with significant financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 135 Dolton Avenue Subject | $2,800,000* List Price | 4 | 4 | 2,509 | $1,193 | - |
A 217 Bay View Drive Sold | $3,060,000 | 4 | 3 | 2,630 | $1,163 | 0.1 mi |
B 151 Highland Avenue Sold | $2,700,000 | 4 | 4 | 2,450 | $1,102 | 0.8 mi |
C 915 Crestview Drive Sold | $3,400,000 | 4 | 3 | 2,982 | $1,140 | 0.9 mi |
D 181 Coronado Avenue Sold | $3,208,000 | 4 | 3 | 2,840 | $1,130 | 0.3 mi |
E 87 Exeter Avenue Sold | $2,850,000 | 4 | 3 | 2,604 | $1,094 | 0.6 mi |
F 60 Dartmouth Avenue Active | $3,498,000 List Price | 4 | 4 | 2,445 | $1,431 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1966, the home has been well-maintained and features significant updates to the kitchen and bathrooms that appear to be within the 5-15 year range. The interior is move-in ready with modern amenities like an EV-ready garage, updated flooring, and functional systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11286, living area = 2509.
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
The 2,509 sqft floor plan offers exceptional flexibility with a dedicated office, a spacious family room, and a bonus flex room ideal for a gym, studio, or guest suite.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11286, other record lot size in square feet = 6216. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2509, other record living area = 2100.
The separation of the primary bedroom on the upper level from the other bedrooms on the lower level may pose accessibility challenges or be less ideal for families with young children.
Despite modern updates, the 1966 construction may still feature original structural elements or utility systems that require more maintenance than newer builds in this price range.
Discover this stunning home with serene views of the San Carlos hills, a true Devonshire Canyon gem where comfort, character, and outdoor living come together. The inviting open floor plan seamlessly connects the living room with vaulted ceiling, dining areas, and updated kitchen, all framed by expansive windows that fill the space with natural light and capture picturesque surroundings. The upper level includes the primary bedroom and an updated full bath while the lower level offers a spacious family room, three bedrooms (1 as a dedicated office), and a versatile bonus flex room ideal for guests, a gym, creative studio, or a third ensuite bedroom. Set on a generous lot, the property boasts multiple outdoor areas perfect for entertaining or quiet relaxation. The tranquil backyard, complete with a hot tub, provides a true retreat-like setting. Add'l highlights include an EV ready garage w/ a 240V outlet, abundant storage, and an extralong driveway accommodating RVs, boats, or parking for 7+ vehicles. Ideally located just minutes from vibrant downtown San Carlos, aka City of Good Living, enjoy top rated schools, charming shops, dining, and convenient commuter access. This beautifully updated and well-maintained home offers an exceptional lifestyle in a highly sought after setting.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 2.2 mi
Grades K-5 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 82% |
| Square foot | 2,509 | 2,090 | 69% |
| Lot Size | 11,286 | 7,422 | 79% |
| Price | $2.80M | $2.85M | 46% |
| Price per sq ft | $1.1K | $1.3K | 19% |
| Built year | 1966 | 1956 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 100 | 1% |
Apr 17, 2026
$2,800,000
Initial Listing
May 6, 2011
$1,100,000
Public Record
Mar 27, 2003
$900,000
Public Record