416 Portofino Drive 206, San Carlos, California 94070, San Carlos, 94070 - 2 bed, 3 bath
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San Carlos, California 94070
This Renovated Double-Ensuite Condo is a Strong Value Opportunity, listed at $1,048,000—positioned well below the $1,133,832 Fair Market Value by 7%. This valuation gap provides $85,832 in Instant Equity. Boasting an Extensive Recent Renovation, the 1,320 sq ft interior features a modern quartz kitchen, wide-plank flooring, and recessed LED lighting. Residents enjoy bay and hill views from a private deck and walking-distance access to the top-rated Heather Elementary. This is a premier choice for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors targeting a high-demand Peninsula asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 416 Portofino Drive 206 Subject | $1,048,000* List Price | 2 | 3 | 1,320 | $859 | - |
A 3327 La Mesa Drive 12 Sold | $825,000 | 2 | 2 | 1,040 | $793 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1991, the property has undergone an extensive recent renovation within the last 5 years. It features a modern kitchen with white cabinetry, quartz countertops, and stainless steel appliances, including a wine cooler. The interior boasts updated wide-plank flooring, recessed LED lighting, fresh paint, and renovated bathrooms with contemporary tile work and glass enclosures, meeting all current quality standards with no visible deferred maintenance.
Boasting over 1,300 sq ft, this rare double-ensuite floor plan offers exceptional interior space and has been meticulously updated, providing a modern and functional living environment.
The property offers instant access to Highway 280 and is within walking distance to the top-rated Heather Elementary and Eaton Park, making it ideal for both commuters and families.
A long private deck captures stunning treetop, hill, and bay views, offering a peaceful outdoor retreat that significantly enhances the property's appeal.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1473, other record lot size in square feet = 36679.
The association fee of $760 per month represents a significant recurring cost that may impact overall affordability for budget-conscious buyers.
While close to downtown amenities, the walk involves navigating steep inclines on Melendy Drive, which may be a drawback for those seeking effortless, level walkability.
Looking for a condo with an amazing layout, views, and a financially stable HOA? You've found it. This rare double ensuite 2 bed, 2.5 bath home has been meticulously updated for your future memories. Have you ever been in a 2-bedroom condo that's over 1,300 sq ft? Think elbow room and an open, well-lit entertaining space. Add the long deck with fresh San Carlos air and treetop views, and you have a winning layout. A huge selling point is the walking-distance proximity to the world-class Heather Elementary, instant access to Highway 280, and -if you want a little challenge -a walk up or down Melendy into town. Speaking of town, The Town restaurant is one of many stops on Laurel Avenue that you'll have at your fingertips. Want a quick hike? Eaton Park is right around the corner. Take the elevator down to your reserved, secure parking spaces and go make it a day. Follow that feeling, come see this condo.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 1,320 | 1,216 | 67% |
| Lot Size | 1,473 | - | 93% |
| Price | $1.05M | $1.27M | 40% |
| Price per sq ft | $794 | $799 | 40% |
| Built year | 1991 | 1982 | 60% |
| HOA | $760.0 | $780 | 47% |
| Days on market | 63 | 83 | 40% |
Mar 19, 2026
$1,048,000
$1,148,000
-9% Price Drop
Initial Listing
Feb 18, 2026
$1,148,000
Initial Listing
May 11, 1994
$235,000
Public Record