1723 El Verano Way, Belmont, California 94002, Belmont, 94002 - 3 bed, 3 bath
1723 El Verano Way
Belmont, California 94002
Property Price
SUMMARY
Analysis of 1723 El Verano Way, Belmont, California 94002 reveals a property with a current list price of $2,398,000, which is 6% above the estimated $2,248,620 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Belmont Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1723 El Verano Way Subject | $2,398,000* List Price | 3 | 3 | 1,480 | $1,519 | - |
A 2331 Buena Vista Avenue Sold | $2,300,000 | 4 | 3 | 1,840 | $1,250 | 0.8 mi |
B 2608 Cipriani Boulevard Sold | $2,350,000 | 4 | 2 | 1,350 | $1,741 | 0.8 mi |
C 1701 Francis Court Sold | $2,355,000 | 3 | 2 | 1,695 | $1,389 | 0.4 mi |
D 2404 Cipriani Boulevard Pending | $1,798,888 List Price | 3 | 1 | 1,280 | $1,405 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it up to modern standards. It features a contemporary kitchen with high-end stainless steel appliances and stone countertops, fully updated bathrooms with modern tiling and glass enclosures, and recessed lighting throughout. The interior showcases high-quality hardwood flooring, clean contemporary finishes, and a versatile finished lower level, showing no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7570, living area = 1480.
- Great Schools
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
- Exceptional School District
Located just 0.2 miles from the top-rated Carlmont High School and within a high-performing district, this property offers significant long-term value and appeal for families.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1480, other record living area = 1290.
- Premium Price Point
At a listing price of $2,398,000 for 1,480 square feet, the property carries a high price-per-square-foot that may be a deterrent for buyers seeking more interior volume.
- Mid-Century Build
Originally constructed in 1956, the home may have underlying infrastructure or insulation standards typical of its era, which might require attention despite the modern cosmetic updates.
About 1723 El Verano Way
Welcome to 1723 El Verano Way in Belmont, a beautifully updated home offering the perfect balance of modern style, comfort, and functionality. Thoughtfully designed for todays flexible living needs, this residence features 3 spacious bedrooms and 3 full bathrooms. The light filled interior showcases clean contemporary finishes and an open, easy flow ideal for both daily living and entertaining. The well appointed kitchen connects seamlessly to the living and dining areas, creating a welcoming space to gather with family and friends. Each bedroom is generously sized, including a comfortable primary suite with an updated private bath. The finished two car garage adds versatility and convenience. The lower level includes a full bathroom and flexible space that can be used as an office, gym, guest area, or customized to fit your needs. Ample storage and a functional layout enhance everyday living. Ideally located near shopping, dining, parks, and top rated schools. Near major commute routes, the home offers easy access to Highways 280, 92, and 101. A perfect blend of modern living, comfort, and convenience, this is one you do not want to miss.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 7,570 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Belmont Unified Schools
Cipriani Elementary School
Grades K-5 • 1.0 mi
Fox Elementary School
Grades K-5 • 1.8 mi
Redwood Shores Elementary School
Grades K-5 • 3.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,480 | 2,310 | 24% |
| Lot Size | 7,570 | 6,630 | 59% |
| Price | $2.40M | $2.35M | 55% |
| Price per sq ft | $1.6K | $1.2K | 93% |
| Built year | 1956 | 1960 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 156 | 3% |
Pricing History
Listed for Sale
Feb 27, 2026
$2,398,000
Initial Listing
Sold
Jan 28, 2016
$1,605,000
Public Record
Sold
Aug 22, 2002
$670,000
Public Record