
Redwood City, California 94062
This New Construction Single Family Residence represents a High-Potential Investment Opportunity, listed at $4,395,000. While currently priced slightly above the $4,328,415 Fair Market Value, the property offers a Mint Condition Rating and the rare ability to personalize finishes before the 2028 completion. Featuring a gourmet kitchen with Wolf and Sub-Zero appliances and an attached ADU, this home provides exceptional flexibility. Located in the prestigious Mt. Carmel neighborhood near top-rated schools, it is an ideal acquisition for multigenerational families or discerning owner-occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 254 Jeter Street Subject 4 bd · 4 ba · 3,036 sqft · $1,426 | $4,395,000* List Price | 4 | 4 | 3,036 | $1,426 | - |
A 330 Grand Street Sold 5 bd · 4 ba · 2,979 sqft · $1,376 · 0.2 mi | $4,100,000 | 5 | 4 | 2,979 | $1,376 | 0.2 mi |
B 510 Hudson Street Sold 4 bd · 3 ba · 3,246 sqft · $1,124 · 0.3 mi | $3,650,000 | 4 | 3 | 3,246 | $1,124 | 0.3 mi |
C 129 Jeter Street Sold 4 bd · 4 ba · 3,066 sqft · $1,712 · 0.2 mi | $5,250,000 | 4 | 4 | 3,066 | $1,712 | 0.2 mi |
D 401 Grand Street Sold 5 bd · 3 ba · 2,306 sqft · $1,626 · 0.3 mi | $3,750,000 | 5 | 3 | 2,306 | $1,626 | 0.3 mi |
E 61 Myrtle Street Sold 4 bd · 5 ba · 3,309 sqft · $1,700 · 0.3 mi | $5,625,000 | 4 | 5 | 3,309 | $1,700 | 0.3 mi |
F 341 Arlington Road Sold 5 bd · 4 ba · 3,520 sqft · $1,037 · 0.6 mi | $3,650,000 | 5 | 4 | 3,520 | $1,037 | 0.6 mi |
G 423 Arlington Road Sold 5 bd · 3 ba · 3,208 sqft · $1,465 · 0.5 mi | $4,700,000 | 5 | 3 | 3,208 | $1,465 | 0.5 mi |
H 38 Liberty Hall Lane Sold 4 bd · 5 ba · 3,541 sqft · $1,200 · 0.9 mi | $4,250,000 | 4 | 5 | 3,541 | $1,200 | 0.9 mi |
I 284 Jeter Street Pending 5 bd · 5 ba · 2,820 sqft · $1,418 · 0.0 mi | $3,998,000 List Price | 5 | 5 | 2,820 | $1,418 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a new construction property with an estimated completion date in 2028. As a brand-new build, it features mint-condition systems, a gourmet kitchen with high-end Wolf and Sub-Zero appliances, and modern luxury bathrooms, meeting all criteria for the excellent rating.
The property includes an attached ADU with a private living area, kitchenette, and en suite bath, offering ideal accommodations for guests, extended family, or a home office.
This luxury build features high-end Wolf and Sub-Zero appliances and provides early buyers the rare opportunity to personalize finishes and potentially save on the final purchase price.
Situated on a quiet, tree-lined street, the home is perfectly positioned near top-rated schools, Stafford Park, and the vibrant downtown hubs of both Redwood City and San Carlos.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3036, other record living area = 1430. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With an estimated completion date in Q1 2028, buyers face a significant waiting period before the home is ready for occupancy, which may not suit those with immediate relocation needs.
As the home is currently in the development phase, all marketing imagery is illustrative only, requiring buyers to commit to a multi-million dollar purchase based on plans rather than a finished product.
Explore this traditional-style home in Redwood City's Mt. Carmel neighborhood, a floor plan built for everyday comfort and easy entertaining. A great room anchors the main living area, flowing into a gourmet kitchen with Wolf and Sub-Zero appliances, a generous island with bar seating, and a spacious walk-in pantry. Living and dining spaces open directly to the backyard. An attached ADU with a private living area, kitchenette, bedroom, and en suite bath adds flexibility for guests or multigenerational living. Upstairs, the expanded primary suite features a large walk-in closet and a bath with dual vanities, free standing tub and a walk-in shower. The laundry room and secondary bedrooms complete the floor plan. Ideally situated on a quiet, tree-lined street, this home is close to Stafford Park, Red Morton Park, Our Lady of Mt. Carmel, and McKinley Institute of Technology, with easy access to downtown Redwood City, downtown San Carlos, El Camino Real, and Highway 101. This home is zoned to top schools like Clifford Elementary and Sequoia High School. The earlier you buy, the more you can save, and the more opportunity you have to personalize your new home. All imagery is illustrative and subject to change and does not depict the subject property. Estimated completion is Q1 2028.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 4.0 | 2.5 |
| Square foot | 3,036 | 1,645.2 |
| Lot Size | 6,500 | 6,674.304 |
| Price | $4.39M | $2.26M |
| Price per sq ft | $1.4K | $1.3K |
| Built year | 2026 | 1952 |
| HOA | $0 | $281 |
| Days on market | 16 | 35 |
Oct 8, 2026
$4,395,000
Initial Listing