
Redwood City, California 94062
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $2,600,000—positioned well below the $2,600,836 Fair Market Value by 0.03%. Featuring a Condition Rating of 4, the property offers significant value-add potential through a kitchen and bath remodel. Located near the highly-rated Roy Cloud Elementary School, the home provides a versatile floor plan with a flexible bonus room. This is an ideal acquisition for Owner-Occupants seeking to build equity or Value-Add Investors targeting the Emerald Hills market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 509 Hillside Road Subject 3 bd · 3 ba · 2,050 sqft · $1,269 | $2,600,000* List Price | 3 | 3 | 2,050 | $1,269 | - |
A 536 Summit Drive Sold 3 bd · 2 ba · 1,569 sqft · $1,322 · 0.1 mi | $2,075,000 | 3 | 2 | 1,569 | $1,322 | 0.1 mi |
B 567 Sapphire Street Sold 4 bd · 3 ba · 2,370 sqft · $1,013 · 0.8 mi | $2,400,000 | 4 | 3 | 2,370 | $1,013 | 0.8 mi |
C 530 Avenue Del Ora Sold 3 bd · 2 ba · 1,510 sqft · $1,430 · 1.0 mi | $2,160,000 | 3 | 2 | 1,510 | $1,430 | 1.0 mi |
D 427 Topaz Street Sold 3 bd · 3 ba · 1,290 sqft · $1,512 · 0.7 mi | $1,950,000 | 3 | 3 | 1,290 | $1,512 | 0.7 mi |
E 49 W Summit Drive Sold 4 bd · 4 ba · 2,670 sqft · $1,247 · 0.7 mi | $3,330,000 | 4 | 4 | 2,670 | $1,247 | 0.7 mi |
F 416 Upton Street Sold 3 bd · 2 ba · 1,450 sqft · $1,448 · 0.6 mi | $2,100,000 | 3 | 2 | 1,450 | $1,448 | 0.6 mi |
G 203 Sylvan Way Active 3 bd · 3 ba · 2,650 sqft · $905 · 0.8 mi | $2,399,000 List Price | 3 | 3 | 2,650 | $905 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property features an original kitchen and dated bathrooms that are over 45 years old. While the home appears well-maintained with fresh paint and clean flooring, the core finishes and systems are significantly past the 20-year threshold for modern standards, requiring updates to the kitchen and baths as noted in the listing description.
Middle School: Woodside Elementary School (9/10).
Situated at the entrance of coveted Emerald Hills, the property offers exceptional proximity to the highly-rated Roy Cloud Elementary School, local social hubs like Emerald Lake Country Club, and easy access to HWY 280.
The layout features a seamless indoor-outdoor flow to a covered patio and includes a flexible lower-level bonus room with a separate entrance, ideal for a home office, gym, or guest suite.
The property features an original kitchen and likely requires significant cosmetic updates and modernizing throughout to meet the standards of a contemporary luxury residence.
Being a hillside home, the property may have limited usable flat yard space compared to homes in the flats, which could be a drawback for buyers seeking traditional play areas.
At the entrance to coveted Emerald Hills, this residence has a commanding presence, with spacious interiors. Formal entry with main level laundry mudroom combo, this homes floorplan is where it shines. The kitchen, dining & family space flow seamlessly to the covered patio space outback for indoor-outdoor entertaining possibilities. The original kitchen lends itself to a top tier remodel, ready for whatever style and layout you desire. 3 bedrooms & 2 baths unfold upstairs. The primary suite has a large walk-in closet and sizable bathroom with double sinks. Downstairs, a flexible bonus room with bathroom and separate entrance: office, guest room... awaits. The extra-large finished 2-car garage has space for storage and workstations. As you pull up to the home, the grandeur of this hillside home wows. With Roy Cloud School nearby & set near the corner of Oak Knoll & Canyon Road, this home is ready to make your own. Take a dip at the Emerald Lake Country Club, stroll over to dine at The Canyon Inn & send someone out just a few steps away to grab you a coffee at The Emerald Coffee Roasters, this home has easy access to downtown Redwood City & HWY 280 while being straddled at the base of the windy Emerald Hills and the casual flats of Redwood City. Virtually Staged Photos Available
No exterior & parking available.
Grades K-8 • 0.8 mi
Grades K-8 • 0.9 mi
Grades 5-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 2.5 |
| Square foot | 2,050 | 1,645.2 |
| Lot Size | 7,150 | 6,674.304 |
| Price | $2.60M | $2.26M |
| Price per sq ft | $1.3K | $1.3K |
| Built year | 1979 | 1952 |
| HOA | $0 | $281 |
| Days on market | 4 | 35 |
Oct 20, 2026
$2,600,000
Initial Listing