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514 Live Oak Lane, Redwood City, California 94062, Redwood City, 94062 - 4 bed, 3 bath

514 Live Oak Lane, Redwood City, California 94062 home-pic-0
ACTIVE$2,250,000
514 Live Oak Lane, Redwood City, California 94062
4Beds
3Baths
1,890Sqft
18,820Lot

Price Vs. Estimate

The estimated value ($2,250,000) is $0 (0%) lower than the list price ($2,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Development Potential: Significant value-add opportunity with SB-9 lot split potential, allowing for the sale or development of a second parcel.
Top Cons:
Age of Property: Built in 1922, the property may have older systems (e.g., plumbing, electrical, HVAC) that could require future updates or ongoing maintenance not explicitly detailed.

Compared to the nearby listings

Price:$2.25M vs avg $2.66M ($-410,000)35%
Size:1,890 sqft vs avg 2,398 sqft29%
Price/sqft:$1.2K vs avg $1.2K49%

More Insights

Built in 1922 (103 years old).
Condition: Built in 1922, this home has been well-maintained and updated, featuring hardwood floors, recessed lighting, and a new balcony deck. The kitchen has shaker cabinets, but the black appliances and solid surface countertops suggest an update that is not recent. The bathroom, with its brass fixtures and shower frame, is a strong indicator of a renovation that is likely 15-30 years old, making it functional but aesthetically outdated by current standards. While move-in ready, the kitchen and bathroom styles would benefit from minor updates to align with modern preferences.
Year Built
1922
Close
-
List price
$2.25M
Original List price
$2.25M
Price/Sqft
$1,190
HOA
-
Days on market
-
Sold On
-
MLS number
ML82018442
Home ConditionFair
Features
Excellent View: Bay, Lake
Deck
ViewBay, Lake

About this home

Secluded in the hills yet minutes from Silicon Valley, this enchanting Emerald Lake Hills home sits on a quiet cul-de-sac with stunning views of the lake and SF Bay. On a sprawling 18,820 SF lot with mature trees and flat outdoor areas perfect for entertaining, gardening, or play. Vaulted ceilings, hardwood floors, wood-burning fireplace, and recessed lighting blend historic charm with modern comfort. Chefs kitchen with shaker cabinets and ample counter space opens to a spacious dining area with bay window. Master suite offers treetop views and a luxurious steam shower. New balcony deck connects living and bedroom areas. Den with built-in projector and screen. Detached 225 SF structure ideal for office, studio, or future ADU. SB-9 lot split potentialsell or develop the second parcel. Zoned for Roy Cloud School, near parks, hiking, golf, and downtown Redwood City. Show

Nearby schools

8/10
Roy Cloud Elementary School
Public,•K-8•0.6mi
6/10
Clifford Elementary School
Public,•K-8•1.1mi
5/10
John F. Kennedy Middle School
Public,•5-8•1.4mi
9/10
Woodside Elementary School
Public,•K-8•2.7mi
6/10
Woodside High School
Public,•9-12•2.4mi
Condition Rating
Fair
Built in 1922, this home has been well-maintained and updated, featuring hardwood floors, recessed lighting, and a new balcony deck. The kitchen has shaker cabinets, but the black appliances and solid surface countertops suggest an update that is not recent. The bathroom, with its brass fixtures and shower frame, is a strong indicator of a renovation that is likely 15-30 years old, making it functional but aesthetically outdated by current standards. While move-in ready, the kitchen and bathroom styles would benefit from minor updates to align with modern preferences.
Pros & Cons

Pros

Development Potential: Significant value-add opportunity with SB-9 lot split potential, allowing for the sale or development of a second parcel.
Exceptional Views & Large Lot: Offers stunning views of Emerald Lake and the San Francisco Bay from a sprawling 18,820 SF lot with mature trees and flat, usable outdoor areas.
Prime Location & Seclusion: Secluded in the desirable Emerald Lake Hills on a quiet cul-de-sac, yet minutes from Silicon Valley and downtown Redwood City amenities.
Versatile Detached Structure: Includes a 225 SF detached structure, ideal for a home office, art studio, or future Accessory Dwelling Unit (ADU).
Charming & Updated Interior: Blends historic charm with modern comforts, featuring vaulted ceilings, hardwood floors, a chef's kitchen, luxurious master steam shower, and a new balcony deck.

Cons

Age of Property: Built in 1922, the property may have older systems (e.g., plumbing, electrical, HVAC) that could require future updates or ongoing maintenance not explicitly detailed.
Main House Square Footage: At 1890 sqft, the main house's interior space might be considered modest for some buyers at the $2.25M price point, with significant value attributed to the land and development potential.
Hillside Property Considerations: Located in the hills, potential buyers may need to consider specific hillside maintenance, drainage, or access challenges, despite the mentioned flat outdoor areas.

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