
Belmont, California 94002
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $1,888,000—positioned well below the $1,978,204 Fair Market Value by 4%. This valuation gap offers $90,204 in Instant Equity. Featuring a Condition Rating of 4, the home offers significant upside for modernization. With a large 7,644 sq. ft. lot, private patio, and proximity to top-rated schools like Carlmont High, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2608 Newlands Avenue Subject | $1,888,000* List Price | 3 | 2 | 1,540 | $1,285 | - |
A 2218 Ewell Road Sold | $1,570,000 | 3 | 1 | 1,220 | $1,287 | 0.5 mi |
B 1515 Ridge Road Sold | $2,375,000 | 4 | 2 | 1,725 | $1,377 | 0.8 mi |
C 1720 Francis Court Sold | $1,920,000 | 3 | 2 | 1,260 | $1,524 | 0.7 mi |
D 2331 Buena Vista Avenue Sold | $2,300,000 | 4 | 3 | 1,840 | $1,250 | 0.1 mi |
E 1001 Maywood Drive Sold | $1,800,000 | 2 | 2 | 1,420 | $1,268 | 0.7 mi |
F 1731 Francis Court Sold | $2,100,000 | 2 | 2 | 1,340 | $1,567 | 0.7 mi |
G 837 Covington Road Active | $1,799,888 List Price | 3 | 2 | 1,455 | $1,237 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952 and owned by the same family for over 60 years, the property is well-maintained but significantly dated. The kitchen features older cabinetry and countertops (likely 20+ years old) despite a newer dishwasher. While functional and move-in ready, the home requires aesthetic updates and likely modernization of major systems to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7644, living area = 1540.
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
The property is zoned for top-tier schools, including Cipriani Elementary and Ralston Intermediate, which are within walking distance and provide significant long-term value.
Having been held by the same family for over 60 years, the home likely requires significant cosmetic and functional updates to meet contemporary luxury standards.
Given the 1952 construction and long-term residency, buyers should anticipate potential investments in aging systems such as plumbing, electrical, or HVAC.
A Kiss to build a Dream on!...Welcome to this well loved property. Home to the same family for 60+ years. This 3 bedroom 2 bath home is situated on a serene 7500+ sq.' lot .Beautiful as is while still offering great possibility limited only by one's imagination. The home is designed with both casual and more formal spaces. Upon entry, you are welcomed into a spacious living room with a fireplace and large front window.The kitchen is situated off the dining room and open to the family room with floor to ceiling glass windows adjacent to a generous patio and bringing the outdoors in. Bedrooms, including a primary suite with patio access, are thoughtfully situated on one side of the home offering privacy from the community spaces. The home is set back off the street, fully fence and with mature landscaping to create a private oasis yet near to all amenities. Come explore your future .
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,540 | 1,840 | 34% |
| Lot Size | 7,644 | 6,778 | 60% |
| Price | $1.89M | $2.25M | 20% |
| Price per sq ft | $1.2K | $1.3K | 34% |
| Built year | 1952 | 1954 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 100 | 3% |
Jun 1, 2026
$1,888,000
Initial Listing