
San Carlos, California 94070
This property presents a High-Potential Investment Opportunity with a List Price of $1,298,888—positioned well below the $1,303,798 Fair Market Value by 0.38%. This valuation gap offers $4,910 in Instant Equity. Featuring a Condition Rating of 3, the home includes a modern kitchen and panoramic hillside views. With its location in a top-tier district served by Carlmont High School (9/10), this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking to leverage the significant expansion potential of the 6,753 sqft lot.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 237 Winding Way Subject 1 bd · 1 ba · 670 sqft · $1,946 | $1,298,888* List Price | 1 | 1 | 670 | $1,946 | - |
A 2755 San Carlos Avenue Sold 2 bd · 1 ba · 800 sqft · $1,638 · 0.9 mi | $1,310,000 | 2 | 1 | 800 | $1,638 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1959, the interior has undergone a significant renovation likely within the last 5-15 years. The kitchen features modern shaker cabinets, stone countertops, and stainless steel appliances, while the bathroom is updated with contemporary tiling. The home is move-in ready and well-maintained, though the presence of a portable AC unit suggests the lack of a modern central HVAC system.
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
The property offers a significant opportunity for expansion or the construction of a new home on a 6,753 sqft lot, catering to buyers looking to build equity in a high-demand San Carlos neighborhood.
Situated in the San Carlos hills, the home provides stunning natural views and a peaceful retreat atmosphere while remaining conveniently close to shopping and urban amenities.
At a list price of nearly $1.3M for only 670 sqft, the cost per square foot is exceptionally high, indicating that the value is primarily in the land and future potential rather than the current structure.
The existing one-bedroom, one-bathroom configuration is very restrictive for most buyers, likely necessitating immediate additional investment for expansion or a complete rebuild to be functional for a modern household.
Discover the natural beauty of hillside living at 237 Winding Way in San Carlos. This one-bedroom, one-bath home offers a wonderful opportunity for a first-time buyer, with stunning views that make the setting truly special. Enjoy the peaceful feel of a hillside retreat while staying close to shopping centers and everyday conveniences. For those with a bigger vision, the property also presents an opportunity to explore an addition or a new home, subject to applicable requirements and approvals. Whether you're looking for a place to call your own or imagining its future potential, this property offers a beautiful setting and room to dream. All Section one items in the termite report have been cleared.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades K-5 • 2.5 mi
Grades K-5 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.5 |
| Baths | 1.0 | 2.4 |
| Square foot | 670 | 1,969.244 |
| Lot Size | 6,753 | 6,204.537 |
| Price | $1.30M | $2.53M |
| Price per sq ft | $1.9K | $1.5K |
| Built year | 1959 | 1952 |
| HOA | $0 | $0 |
| Days on market | 26 | 31 |
Sep 28, 2026
$1,298,888
Initial Listing
Nov 21, 2023
$1,000,000
Public Record
Jun 10, 2010
$425,000
Public Record
Dec 9, 1998
$230,000
Public Record