
Redwood City, California 94062
This New Construction Single Family Residence represents a High-Potential Investment Opportunity, listed at $4,650,000. While currently priced above the $4,520,683 Fair Market Value, the property offers a Condition Rating of 2, ensuring a pristine, modern asset upon completion in 2028. Featuring a private first-floor ADU and Wolf and Sub-Zero appliances, this home provides significant lifestyle flexibility. Located near Roy Cloud Elementary, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable, high-end Mt. Carmel estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 150 Inner Circle Subject 4 bd · 5 ba · 3,217 sqft · $1,439 | $4,650,000* List Price | 4 | 5 | 3,217 | $1,439 | - |
A 510 Hudson Street Sold 4 bd · 3 ba · 3,246 sqft · $1,124 · 0.6 mi | $3,650,000 | 4 | 3 | 3,246 | $1,124 | 0.6 mi |
B 330 Grand Street Sold 5 bd · 4 ba · 2,979 sqft · $1,376 · 0.6 mi | $4,100,000 | 5 | 4 | 2,979 | $1,376 | 0.6 mi |
C 61 Myrtle Street Sold 4 bd · 5 ba · 3,309 sqft · $1,700 · 0.4 mi | $5,625,000 | 4 | 5 | 3,309 | $1,700 | 0.4 mi |
D 129 Jeter Street Sold 4 bd · 4 ba · 3,066 sqft · $1,712 · 0.5 mi | $5,250,000 | 4 | 4 | 3,066 | $1,712 | 0.5 mi |
E 341 Arlington Road Sold 5 bd · 4 ba · 3,520 sqft · $1,037 · 0.8 mi | $3,650,000 | 5 | 4 | 3,520 | $1,037 | 0.8 mi |
F 423 Arlington Road Sold 5 bd · 3 ba · 3,208 sqft · $1,465 · 0.8 mi | $4,700,000 | 5 | 3 | 3,208 | $1,465 | 0.8 mi |
G 401 Grand Street Sold 5 bd · 3 ba · 2,306 sqft · $1,626 · 0.6 mi | $3,750,000 | 5 | 3 | 2,306 | $1,626 | 0.6 mi |
H 254 Jeter Street Active 4 bd · 4 ba · 3,036 sqft · $1,448 · 0.4 mi | $4,395,000 List Price | 4 | 4 | 3,036 | $1,448 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new construction property with an estimated completion in 2028. It features top-of-the-line Wolf and Sub-Zero appliances, modern systems, and a pristine, zero-maintenance layout.
A rare opportunity for a large-scale, new traditional-style home in the established Mt. Carmel neighborhood, offering modern amenities and the chance for early-buyer personalization.
The inclusion of a private first-floor ADU with its own living area and kitchenette provides exceptional flexibility for multi-generational living, guests, or a professional workspace.
The floor plan features premium Wolf and Sub-Zero appliances and ensures maximum privacy with all bedrooms designed as en suites, including an expanded primary retreat.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3217, other record living area = 1710.
With an estimated completion date in Q1 2028, buyers face a significant waiting period and potential risks associated with construction delays or market fluctuations.
Current marketing relies on illustrative imagery rather than the actual property, requiring buyers to commit to a multi-million dollar purchase based on plans and renderings.
Mt. Carmel is one of Redwood Citys more established residential pockets, tucked between downtown Redwood City and the Emerald Hills area. The traditional-style Sequoia Plan comes to Inner Circle, a low-traffic, tree-lined street where new construction at this scale and finish is not common. The floor plan is built around an expansive great room and kitchen with Wolf and Sub-Zero appliances, alongside a dedicated dining area. The first floor also includes a private ADU with its own living area, kitchenette, bedroom, and en suite bath, offering a flexible space for extended family, long-term guests, or a dedicated workspace. Upstairs, an extended primary suite offers more space than a standard configuration, with a dedicated bath and walk-in shower. Two secondary bedrooms, each with a private en suite bath, complete the upper level. Downtown Redwood City, downtown San Carlos, El Camino Real, and Woodside Road are each under 10 minutes away.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 5.0 | 2.5 |
| Square foot | 3,217 | 1,645.2 |
| Lot Size | 6,989 | 6,674.304 |
| Price | $4.65M | $2.26M |
| Price per sq ft | $1.4K | $1.3K |
| Built year | 2026 | 1952 |
| HOA | $0 | $281 |
| Days on market | 33 | 35 |
Sep 21, 2026
$4,650,000
Initial Listing