
San Carlos, California 94070
This property presents a High-Potential Investment Opportunity with a List Price of $2,395,000—positioned well below the $2,486,752 Fair Market Value by 3%. This valuation gap offers $91,752 in Instant Equity for buyers. Featuring a Condition Rating of 5, the home requires a full interior rehab, yet its 5,667 sqft lot and White Oaks location provide significant upside. With proximity to Central Middle School (9/10), this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to customize a home in a premier neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1550 Gover Lane Subject 3 bd · 2 ba · 1,540 sqft · $1,615 | $2,395,000* List Price | 3 | 2 | 1,540 | $1,615 | - |
A 1619 Saint Francis Way Sold 3 bd · 2 ba · 1,290 sqft · $1,851 · 0.1 mi | $2,388,000 | 3 | 2 | 1,290 | $1,851 | 0.1 mi |
B 230 Park Avenue Sold 2 bd · 1 ba · 1,150 sqft · $1,703 · 0.2 mi | $1,958,000 | 2 | 1 | 1,150 | $1,703 | 0.2 mi |
C 793 Orange Avenue Active 3 bd · 3 ba · 1,605 sqft · $1,862 · 0.8 mi | $2,988,000 List Price | 3 | 3 | 1,605 | $1,862 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951, the property is in largely original condition with kitchen and bathroom finishes (floral wallpaper, blue mid-century fixtures, and dated cabinetry) appearing to be over 40 years old. The HVAC system and garage electrical show significant age, and the home requires a full interior rehab to meet modern living standards.
Middle School: Central Middle School (9/10).
Situated in the highly coveted White Oaks neighborhood, the property offers exceptional walkability to top-rated schools like Central Middle, local parks, and the vibrant downtown San Carlos dining and shopping district.
The functional single-level floor plan features a seamless transition from the dining area to an expansive backyard and patio, providing an ideal layout for entertaining and California's signature lifestyle.
Built in 1951 and marketed as an 'opportunity,' the home likely requires substantial capital investment to update the kitchen, bathrooms, and systems to meet contemporary luxury standards.
The high list price relative to the 1,540 square footage may be a barrier for buyers who must also factor in the costs of significant renovations or upgrades.
An incredible opportunity awaits in the highly sought-after White Oaks neighborhood! Situated on a generous lot, this charming single-level 3-bedroom, 2-bathroom home offers timeless appeal, a fantastic floor plan, and endless possibilities to make it your own. A welcoming formal entry leads to the inviting living room, featuring beautiful hardwood floors, a classic fireplace, and picturesque views of the backyard. The adjoining dining area offers direct access to the patio and backyard, creating a wonderful setting for indoor-outdoor living and entertaining. Just steps away, the eat-in kitchen provides convenient access to the oversized attached two-car garage. Down the hall, the primary bedroom and two additional spacious bedrooms offer comfort and versatility. The expansive backyard features a patio and sprawling lawn, with plenty of room to relax, entertain, or bring your outdoor vision to life. Enjoy excellent walkability to highly regarded schools, neighborhood parks, and the vibrant downtown restaurants and shops. Conveniently located near major commute routes. A rare opportunity to create something truly special in one of San Carlos' most desirable neighborhoods!
No exterior & parking available.
Grades 6-8 • 0.8 mi
Grades K-8 • 1.0 mi
Grades 5-8 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,540 | 1,969.244 |
| Lot Size | 5,667 | 6,204.537 |
| Price | $2.40M | $2.53M |
| Price per sq ft | $1.6K | $1.5K |
| Built year | 1951 | 1952 |
| HOA | $0 | $0 |
| Days on market | 2 | 31 |
Oct 22, 2026
$2,395,000
Initial Listing