
San Carlos, California 94070
This Stunning New Construction Condo is a Strong Value Opportunity, listed at $1,249,000—positioned well below the $1,309,257 Fair Market Value by 4%. This valuation gap offers $60,257 in Instant Equity for the buyer. Featuring a 2-bed/2-bath layout with gourmet kitchen and private balcony, the property boasts an Excellent Condition Rating as a 2026 build. Located in the heart of Downtown San Carlos, it is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, modern lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 560 El Camino Real 306 Subject 2 bd · 2 ba · 1,265 sqft · $1,035 | $1,249,000* List Price | 2 | 2 | 1,265 | $1,035 | - |
A 657 Walnut Street 540 Sold 2 bd · 2 ba · 1,223 sqft · $1,214 · 0.1 mi | $1,485,000 | 2 | 2 | 1,223 | $1,214 | 0.1 mi |
B 657 Walnut Street 423 Sold 2 bd · 2 ba · 1,223 sqft · $1,198 · 0.1 mi | $1,465,000 | 2 | 2 | 1,223 | $1,198 | 0.1 mi |
C 520 520 El Camino Real 309 Sold 3 bd · 2 ba · 1,424 sqft · $920 · 0.1 mi | $1,310,000 | 3 | 2 | 1,424 | $920 | 0.1 mi |
D 633 Elm Street 209 Sold 2 bd · 2 ba · 1,147 sqft · $1,107 · 0.2 mi | $1,270,000 | 2 | 2 | 1,147 | $1,107 | 0.2 mi |
E 657 Walnut Street 537 Sold 1 bd · 2 ba · 878 sqft · $1,093 · 0.2 mi | $960,000 | 1 | 2 | 878 | $1,093 | 0.2 mi |
F 793 Elm Street 23 Sold 2 bd · 2 ba · 1,512 sqft · $880 · 0.3 mi | $1,330,000 | 2 | 2 | 1,512 | $880 | 0.3 mi |
G 656 Walnut Street 401 Sold 3 bd · 2 ba · 1,628 sqft · $986 · 0.2 mi | $1,605,000 | 3 | 2 | 1,628 | $986 | 0.2 mi |
H 1501 Cherry Street Unit 103 Active 2 bd · 2 ba · 1,158 sqft · $1,123 · 0.0 mi | $1,300,000 List Price | 2 | 2 | 1,158 | $1,123 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2026 construction that has never been occupied. Features a pristine gourmet kitchen with quartz countertops and new appliances, modern bathrooms with contemporary fixtures and LED mirrors, and a brand new, efficient forced-air HVAC system.
Situated in the heart of San Carlos, this property offers exceptional walkability to Laurel Street's premier dining and shopping, the public library, and the Caltrain station for effortless commuting.
As a brand-new 2026 build, the unit features high-end contemporary finishes, 9-foot ceilings, and energy-efficient systems including central air conditioning, providing a turnkey, never-occupied living experience.
This spacious 1,265 sq ft corner unit maximizes natural light throughout the day and features a private southwest-facing balcony, offering superior privacy and views compared to interior units.
The property's location on El Camino Real, a major Peninsula thoroughfare, may result in increased ambient street noise and traffic congestion for residents.
With only one assigned parking space for a two-bedroom residence, multi-vehicle households may find the parking arrangement restrictive in a dense downtown environment.
New construction condos never occupied and move-in ready in Downtown San Carlos. Spacious unit with private balcony looking southwest and natural light throughout the day. Corner unit 2-bed / 2-bath spanning 1,265 sq ft. The interior features elegant recessed lighting, 9ft ceilings in the family room, and engineered hardwood floors. Open concept family room, dining, kitchen combo. Efficient forced air heating and air conditioning. The gourmet kitchen features stylish quartz countertops, breakfast bar, and new high-quality appliances, including a gas stove / range, new refrigerator and dishwasher. Stacked washer and dryer located inside the unit. The spacious primary suite includes ample closet space and an ensuite bathroom with dual sink vanity and LED lit mirror. Spacious second bedroom looks west. Full second bathroom with bath tub. Assigned parking space in a securely gated garage. Proximity to Caltrain Station, Public Library, and bustling Downtown San Carlos and Laurel Street with it's many shops and restaurants. Excellent centrally located home. Please Note: Limited number of units available in the building in a variety of floor plans to choose. Photos are for illustrative purposes only. Please consult with the sales team for more info.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.7 |
| Baths | 2.0 | 1.7 |
| Square foot | 1,265 | 1,112.818 |
| Lot Size | - | 1,055.222 |
| Price | $1.25M | $996.7K |
| Price per sq ft | $987 | $905 |
| Built year | 2026 | 1991 |
| HOA | $498.0 | $734 |
| Days on market | 31 | 51 |
Sep 23, 2026
$1,249,000
Initial Listing