312 E Oakwood Boulevard, Redwood City, California 94061, Redwood City, 94061 - 4 bed, 4 bath
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Redwood City, California 94061
This property presents a High-Potential Investment Opportunity with a List Price of $2,198,000—positioned above the $2,004,007 Fair Market Value. While the current pricing reflects the premium location on the Redwood City/Atherton border, the 10,166 sq. ft. lot and detached ADU provide significant Development Potential for forced appreciation. With a Condition Rating of 5, the home requires a full renovation, making it a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build a custom estate in a high-demand area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 312 E Oakwood Boulevard Subject | $2,198,000* List Price | 4 | 4 | 1,980 | $1,012 | - |
A 143 Bonita Avenue Active | $1,688,000 List Price | 2 | 1 | 1,490 | $1,133 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, the home features a significantly dated kitchen with older tile countertops and cabinetry, likely exceeding 30 years since the last major renovation. The listing description explicitly markets the property as an opportunity to renovate, expand, or build a new custom residence, signaling that the existing structure and systems require a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10166, living area = 1980.
The expansive, level 10,000+ sq. ft. lot on the coveted Atherton border provides a rare opportunity for significant renovation, expansion, or the construction of a custom luxury estate.
Featuring a detached ADU with a full kitchen and bath, plus an additional ensuite with a kitchenette in the main house, the property offers exceptional flexibility for rental income or extended family living.
Originally built in 1948, the home is positioned as a fixer or teardown, likely requiring substantial modernization or a complete rebuild to meet contemporary luxury standards.
The assigned public schools for this address carry mid-range ratings (5-6), which may be a drawback for buyers specifically targeting the top-tier school districts often found in neighboring Peninsula communities.
Rare opportunity on the coveted Redwood City/Atherton border! Set on a sprawling, level 10,000+ sq. ft. lot, this property is brimming with possibilities to renovate, expand, or create a spectacular new custom residence. The main home offers 3 bedrooms and 2.5 baths, including a private upstairs ensuite with a kitchenette area ideal for guests, extended family, or flexible living. Interior features include an eat-in kitchen, den, dining area, living room with fireplace and hardwood floors, patio room and an attached one-car garage with laundry and direct kitchen access. A detached rear structure, currently used as an ADU, includes a kitchen, full bath, walk-in closet, and its own laundry, providing exceptional versatility for multigenerational living, a home office, or flex space. The expansive, flat backyard is a true blank canvas with room to create the ultimate outdoor retreat (two photos are virtually landscaped). An exceptional opportunity in a highly sought-after location near Stanford, parks, shopping, dining, and major commute routes. Matterport floorplans measure main house at 2400sf. County records show 1980sf.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-8 • 0.7 mi
Grades 5-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,980 | 1,523.5 |
| Lot Size | 10,166 | 6,665 |
| Price | $2.20M | $2.23M |
| Price per sq ft | $1.1K | $1.3K |
| Built year | 1948 | 1951 |
| HOA | $0 | $0 |
| Days on market | 6 | 32 |
Jul 16, 2026
$2,198,000
Initial Listing