
Belmont, California 94002
This Modernized Belmont Residence is a High-Potential Investment Opportunity, listed at $1,888,000—positioned well below the $2,151,098 Fair Market Value by 12%. This valuation gap offers $263,098 in Instant Equity. Featuring a Recent Renovation Condition, the home includes a rare flat backyard, owned solar, and a lower-level suite with ADU potential. Located near 9/10 rated Ralston Intermediate and Carlmont High, it balances lifestyle with 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 |
|---|---|---|---|---|---|---|
★ 1664 Sixth Avenue Subject | $1,888,000* List Price | 4 | 3 | 1,950 | $1,103 | - |
A 895 Laurel Avenue Pending | $1,949,888 List Price | 4 | 3 | 1,788 | $1,091 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1960, the property has undergone a comprehensive recent renovation within the last 5 years. It features a fully remodeled kitchen with quartz countertops and stainless steel appliances, updated systems including A/C, heating, and owned solar, plus modern finishes like wide-plank flooring and recessed lighting throughout.
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
The lower level features a separate entrance, bedroom, and full bath, making it ideal for multi-generational living, guests, or generating potential rental income.
Unlike many properties in the hilly Belmont area, this home boasts an exceptionally rare flat backyard and spacious patio, providing highly usable and accessible outdoor living space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The current list price of $1.888M is significantly lower than its 2021 sale price of $2.1M, which may reflect a correction in local market valuation or previous overpayment.
While the property offers ADU potential, the 6,417 sqft lot size may feel constrained when attempting to add a secondary unit while maintaining the rare flat yard space.
Rare Belmont opportunity featuring nice 4 bedrooms, flat backyard, views, ADU potential and access to top-rated schools. Thoughtfully updated and move-in ready, this home blends modern finishes with flexible living. The bright main level showcases an open layout w/ wide-plank flooring, recessed lighting, & large windows that bring in abundant natural light. The living room with cozy fireplace & offers pleasant East and South-facing outlooks. The remodeled kitchen features quartz countertops, SST appliances, custom cabinetry, and a stylish backsplash, flowing seamlessly into the dining area and wet bar. Sliding doors connect the interior to a spacious patio and an exceptionally rare level yard, offering endless possibilities. The main level includes well-sized bedrooms, including a primary suite with direct outdoor access for a private retreat feel. The lower level offers a bedroom, full bath, bonus room, and separate entrance, ideal for in-laws, guests, or potential rental income. Additional features include owned solar, A/C, updated heating and insulation, dual-pane windows, a 2-car garage, and a wide driveway. Conveniently located near Caltrain, major commute routes, and Belmont schools.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades K-5 • 2.5 mi
Grades K-6 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,950 | 1,931 | 51% |
| Lot Size | 6,417 | 6,646 | 46% |
| Price | $1.89M | $2.29M | 14% |
| Price per sq ft | $968 | $1.3K | 17% |
| Built year | 1960 | 1954 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 133 | 3% |
Apr 16, 2026
$1,888,000
Initial Listing
Sep 24, 2021
$2,100,000
Public Record
Apr 12, 1996
$380,000
Public Record
Sep 16, 1994
$345,000
Public Record