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560 El Camino Real 303, San Carlos, California 94070, San Carlos, 94070 - 1 bed, 2 bath

560 El Camino Real 303, San Carlos, California 94070 home-pic-0
ACTIVE$1,198,000
560 El Camino Real 303, San Carlos, California 94070
1Bed
2Baths
979Sqft
Lot

Price Vs. Estimate

The estimated value ($1,071,358.315) is $126,641.685 (10%) lower than the list price ($1,198,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction: Built in 2025, this newly constructed condominium offers modern design, finishes, and appliances, ensuring low immediate maintenance and contemporary appeal.
Top Cons:
Future Occupancy & Pre-Construction: With Certificate of Occupancy expected in October 2025, the property is not available for immediate move-in, requiring buyers to wait and potentially face construction delays.

Compared to the nearby listings

Price:$1.20M vs avg $1.20M (+$0)50%
Size:979 sqft vs avg 1,239 sqft24%
Price/sqft:$1.2K vs avg $81788%

More Insights

Built in 2025 (0 years old).
Condition: This property is a newly constructed condo, built in 2025, with a Certificate of Occupancy expected in October 2025. The description explicitly states 'newly constructed,' 'gourmet kitchen with stylish finishes, quartz countertops, and new high-quality appliances,' 'engineered hardwood flooring,' 'elegant recessed lighting,' and a modern primary bathroom with 'adaptable shower, dual sink vanity and LED mirror with defogger.' The provided images, representing a model home, showcase a pristine, contemporary design with high-end finishes and fixtures throughout, including a two-tone kitchen with stainless steel appliances and modern bathrooms. All components are new, meeting current quality standards with no deferred maintenance.
Year Built
2025
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$1,224
HOA
$471
Days on market
-
Sold On
-
MLS number
ML82003420
Home ConditionExcellent
Features
Deck
View-

About this home

Twenty-four newly constructed condo homes located in the heart of Downtown San Carlos, steps away from dining, shopping and transit. Certificate of Occupancy expected issuance October 2025. This four-story building offers one- and two-bedroom residences across ten unique floor plans. Elegant recessed lighting and engineered hardwood flooring creates a comfortable ambiance. The gourmet kitchen comes equipped with stylish finishes, quartz countertops, and new high-quality appliances. The spacious primary suite offers plentiful closet space and an ensuite bathroom with adaptable shower, dual sink vanity and LED mirror with defogger. In-unit stacked washer and dryer are included, and assigned parking spaces are located in the securely gated garage. The building is monitored by exterior security cameras for added peace of mind. Residence will enjoy close proximity to bustling Laurel Street, San Carlos Caltrain Station and San Carlos Public Library. Please note: The images shown are of a model home and are for illustrative purposes only. The actual unit may vary in layout, finishes, and features. Prospective buyers are encouraged to visit the site and consult with our sales team for detailed information about the specific units being sold.

Condition Rating
Excellent
This property is a newly constructed condo, built in 2025, with a Certificate of Occupancy expected in October 2025. The description explicitly states 'newly constructed,' 'gourmet kitchen with stylish finishes, quartz countertops, and new high-quality appliances,' 'engineered hardwood flooring,' 'elegant recessed lighting,' and a modern primary bathroom with 'adaptable shower, dual sink vanity and LED mirror with defogger.' The provided images, representing a model home, showcase a pristine, contemporary design with high-end finishes and fixtures throughout, including a two-tone kitchen with stainless steel appliances and modern bathrooms. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Brand New Construction: Built in 2025, this newly constructed condominium offers modern design, finishes, and appliances, ensuring low immediate maintenance and contemporary appeal.
Prime Downtown Location: Situated in the heart of Downtown San Carlos, the property boasts exceptional walkability to dining, shopping, and transit, including the Caltrain Station and Laurel Street.
High-End Interior Finishes: The unit features elegant recessed lighting, engineered hardwood flooring, a gourmet kitchen with quartz countertops and new appliances, and a luxurious primary suite with a dual sink vanity and LED mirror.
Secure & Convenient Amenities: Residents benefit from in-unit stacked washer and dryer, assigned parking in a securely gated garage, and exterior security cameras for added peace of mind.
Desirable Market Location: Located in San Carlos, a highly sought-after Bay Area city, the property offers strong potential for appreciation and rental demand due to its prime location and new construction.

Cons

Future Occupancy & Pre-Construction: With Certificate of Occupancy expected in October 2025, the property is not available for immediate move-in, requiring buyers to wait and potentially face construction delays.
High Association Fees: A monthly association fee of $471.0 is substantial for a 1-bedroom unit, adding a significant ongoing cost to ownership.
Potential Overpricing: The listing price is 10% higher than the estimated property value, suggesting it may be currently overpriced relative to market estimations.

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