519 Lakemead Way, Redwood City, California 94062, Redwood City, 94062 - 5 bed, 5 bath
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Redwood City, California 94062
This Reimagined Contemporary Residence represents a High-Potential Investment Opportunity, listed at $4,080,000—positioned well below the $4,177,428 Fair Market Value by 2%. This valuation gap offers $97,428 in Instant Equity. Featuring an Excellent Condition Rating, the home includes a permitted ADU, executive office, and sweeping panoramic views. Located in the prestigious Roy Cloud School district, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, multi-functional luxury sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 519 Lakemead Way Subject | $4,080,000* List Price | 5 | 5 | 3,149 | $1,327 | - |
A 731 Lakemead Way Sold | $3,268,000 | 4 | 3 | 2,660 | $1,229 | 0.2 mi |
B 3654 Altamont Way Sold | $3,100,000 | 4 | 4 | 2,550 | $1,216 | 0.7 mi |
C 853 Vista Drive Active | $4,288,000 List Price | 4 | 3 | 3,447 | $1,244 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1948, this property has been fully reimagined with high-end contemporary finishes. It features a modern custom kitchen with premium appliances, wide-plank oak floors, and updated systems including a Lunos fresh air ventilation system, indicating a comprehensive renovation within the last 5 years.
Middle School: Woodside Elementary School (9/10).
The property features a permitted lower-level ADU and a separate executive office with its own entrance, providing exceptional flexibility for multi-generational living, rental income, or a private professional workspace.
Fully reimagined with high-end modern finishes and wide-plank oak floors, the home utilizes wraparound decks to seamlessly integrate indoor living with sweeping panoramic views of the hills and city lights.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3149, other record living area = 2190. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
At a list price of $4.08M, the property is positioned at the top of the local market, which may limit the pool of qualified buyers and extend the time needed to secure a sale.
While the Zen-inspired landscaping is low-maintenance, the hillside topography and emphasis on decking suggest a lack of traditional flat lawn space, which may be a drawback for buyers with young children or pets.
Fully reimagined contemporary home in one of Emerald Hill's most desirable enclaves, offering sweeping views and seamless indoor-outdoor living. Clean architectural lines, refined modern finishes, and wide-plank oak hardwood floors define the open-concept design. The custom kitchen features sleek cabinetry and flows effortlessly into the family room and expansive view-facing living spaces. Wraparound decks extend the living experience outdoors, capturing stunning front and side vistas. The main level includes all primary living spaces with 3 bedrooms, including 2 suites. The lower level offers a private and permitted ADU or guest retreat with its own living room, separate interior/exterior access, and Lunos fresh air ventilation system. A front office with full bath and private entrance is ideal for executive workspace, studio, or guest quarters. Zen-inspired low-maintenance landscaping, oversized driveway, attached garage, and Roy Cloud schools complete the offering.
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 5-8 • 1.4 mi
Grades K-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 80% |
| Baths | 5.0 | 3.0 | 83% |
| Square foot | 3,149 | 2,535 | 65% |
| Lot Size | 8,041 | 10,163 | 35% |
| Price | $4.08M | $3.15M | 74% |
| Price per sq ft | $1.3K | $1.3K | 54% |
| Built year | 1948 | 1951 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 96 | 2% |
May 27, 2026
$4,080,000
Initial Listing
Sep 30, 2014
$1,200,000
Public Record