402 Portofino Drive 3, San Carlos, California 94070, San Carlos, 94070 - 3 bed, 2 bath
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San Carlos, California 94070
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,243,330 Fair Market Value by 3%. This valuation gap offers $44,330 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home boasts an updated kitchen, panoramic Bay views, and a versatile loft. Located near top-rated schools and downtown San Carlos, this property balances lifestyle convenience with financial stability. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a premium Peninsula residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 402 Portofino Drive 3 Subject | $1,199,000* List Price | 3 | 2 | 1,570 | $792 | - |
A 404 Portofino Drive 3 Sold | $1,255,000 | 2 | 2 | 1,570 | $799 | 0.0 mi |
B 3323 La Mesa Drive 2 Sold | $839,800 | 2 | 2 | 1,040 | $808 | 0.8 mi |
C 3314 Brittan Avenue 1 Active | $949,000 List Price | 3 | 2 | 1,239 | $766 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1961, the property is well-maintained and move-in ready. The kitchen has been updated with stainless steel appliances and stone countertops, appearing to be a 5-15 year old renovation. The interior features clean paint, modern flooring, and functional systems, meeting the criteria for a well-maintained, functional home.
The property features floor-to-ceiling windows that offer breathtaking panoramic views of the San Francisco Bay and surrounding hills, flooding the 1,570 square feet of living space with exceptional natural light.
The thoughtfully designed floor plan includes a flexible loft-style upper level that can serve as a third bedroom, home office, or bonus retreat, providing rare adaptability for a condominium.
Situated in the desirable San Carlos Hills, the home offers a perfect balance of tranquility and convenience, located just minutes from top-rated schools, vibrant downtown San Carlos, and major commuter routes like Caltrain.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1084, other record lot size in square feet = 81571. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly HOA fee of $707 is a significant recurring expense that increases the total cost of ownership and may impact the purchasing power of some buyers.
Constructed in 1961, the property may present challenges related to older infrastructure or acoustic insulation common in buildings of this era, despite the modern interior updates.
Perched in the desirable San Carlos Hills, this exceptional 3Bed 2Bath townhome-style condominium offers 1,570 square feet of light-filled living space and sweeping panoramic views of the Bay and surrounding hills. Floor-to-ceiling windows flood the home with natural light while showcasing breathtaking vistas that can be enjoyed from nearly every room. Spacious living and dining areas flow seamlessly to a private balcony, creating the perfect setting for morning coffee, evening sunsets, or entertaining against a stunning backdrop. The thoughtfully designed floor plan features an updated kitchen with modern finishes, ample storage, and quality appliances. A versatile loft-style upper level serves as a spacious 3rd bedroom, home office, or bonus retreat, adding flexibility to meet a variety of needs. Additional highlights include in-unit laundry, abundant storage, and two dedicated parking spaces. Residents enjoy access to community amenities including pool, maintained grounds, and peaceful walking paths. Ideally located just minutes from vibrant downtown San Carlos, top-rated San Carlos schools, scenic hiking trails, Caltrain, and major commuter routes, this move-in ready home offers the perfect balance of tranquility, convenience, and breathtaking Peninsula living.
No exterior & parking available.
Grades K-8 • 1.0 mi
Grades 5-8 • 3.0 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,570 | 1,276 |
| Lot Size | 1,084 | - |
| Price | $1.20M | $1.11M |
| Price per sq ft | $764 | $860 |
| Built year | 1961 | 1978 |
| HOA | $707.0 | $898 |
| Days on market | 12 | 33 |
Jul 11, 2026
$1,199,000
Initial Listing
Jul 10, 2026
$1,279,000
Initial Listing
Dec 1, 2011
$450,000
Public Record
Mar 15, 2007
$685,000
Public Record
Jun 26, 2002
$360,000
Public Record