1720 Terrace Drive, Belmont, California 94002, Belmont, 94002 - 3 bed, 2 bath
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Belmont, California 94002
This Updated Mid-Century Residence represents a Strong Value Opportunity, listed at $1,890,000—positioned well below the $1,990,000 Fair Market Value by 5%. This valuation gap provides $100,000 in Instant Equity. Featuring an Excellent Condition Rating, the home offers a modern kitchen, hardwood floors, and a versatile lower-level flex space. Situated in a top-tier district with access to Carlmont High School (9/10), this property is an ideal acquisition for Owner-Occupants or discerning families seeking a move-in ready home with sweeping canyon views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1720 Terrace Drive Subject | $1,890,000* List Price | 3 | 2 | 1,730 | $1,150 | - |
A 2019 Mezes Avenue Sold | $2,200,000 | 3 | 2 | 1,730 | $1,272 | 0.3 mi |
B 2124 Forest Avenue Sold | $1,908,000 | 2 | 2 | 1,490 | $1,281 | 0.6 mi |
C 1709 Hillman Avenue Sold | $2,050,000 | 3 | 3 | 1,630 | $1,258 | 0.4 mi |
D 605 Alameda De Las Pulgas Sold | $2,327,000 | 3 | 2 | 2,090 | $1,113 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1959, the property has undergone significant updates including a modern kitchen with stone countertops and stainless steel appliances. The interior features refinished hardwood floors and updated paint, and the HVAC system appears functional and relatively modern, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11189, living area = 1730.
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
The property offers sweeping canyon and hillside views, providing a serene backdrop and enhancing the classic California indoor-outdoor living experience.
With 33 days on the market and a recent $100,000 price reduction, the property may be facing challenges in buyer perception or initial overpricing.
Despite the large lot size, the hillside terrain may limit the amount of level, usable outdoor space for traditional yard activities or future expansions.
Perched above the street at the end of a peaceful cul-de-sac, this inviting Belmont home rewards you with privacy, beautiful western views, and a setting that feels worlds away from the hustle of Silicon Valley. Whether you're enjoying your morning coffee on the expansive deck or unwinding as the sun sets over the hills, this is a home designed for those who appreciate nature, tranquility, and classic California living. Beautiful hardwood floors, large picture windows, and an open flow between the living, dining, and outdoor spaces create an inviting atmosphere for everyday living and entertaining alike. One of the home's standout features is the approximately 550-square-foot bonus lower level with its own fireplacea versatile space perfect for a family room, home office, fitness studio, game room, art studio, or guest retreat. Whether you work from home or simply need extra room to spread out, this flexible space adapts to your lifestyle. Outside, the 11,189-square-foot lot offers a private hillside setting with opportunities to create your own outdoor oasis. Located just minutes from Highway 280, Highway 101, Caltrain, downtown Belmont, San Carlos, and major Peninsula employers, this home offers an exceptional combination of serenity and convenience.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,730 | 1,680 |
| Lot Size | 11,189 | 6,980 |
| Price | $1.89M | $2.38M |
| Price per sq ft | $1.1K | $1.3K |
| Built year | 1959 | 1953 |
| HOA | $0 | $0 |
| Days on market | 37 | 32 |
Jul 15, 2026
$1,890,000
$1,990,000
-5% Price Drop
Initial Listing
Jun 15, 2026
$1,990,000
Initial Listing