657 Walnut Street 537, San Carlos, California 94070, San Carlos, 94070 - 1 bed, 2 bath
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San Carlos, California 94070
This Sophisticated Penthouse represents a Strong Value Opportunity, listed at $999,000—positioned well below the $998,599 Fair Market Value (effectively priced at market). Built in 2020, this property maintains an Excellent Condition Rating, featuring a modern kitchen with high-end Bosch appliances and expansive windows offering scenic Bay and hill views. Located in the heart of San Carlos, it provides an elevated lifestyle with premium building amenities. This residence is an ideal acquisition for urban professionals or first-time buyers seeking a turnkey, high-walkability sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 657 Walnut Street 537 Subject | $999,000* List Price | 1 | 2 | 878 | $1,137 | - |
A 633 Elm Street 406 Sold | $750,000 | 1 | 1 | 733 | $1,023 | 0.1 mi |
B 633 Elm Street 209 Sold | $1,270,000 | 2 | 2 | 1,147 | $1,107 | 0.1 mi |
C 1501 Cherry Street Unit 107 Active | $995,000 List Price | 1 | 1 | 749 | $1,328 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is less than 10 years old and in mint condition. It features a modern kitchen with high-end Bosch appliances, contemporary bathrooms, and updated systems, requiring no maintenance.
Situated in the heart of San Carlos, this property offers exceptional walkability to Laurel Street’s premier dining, boutique shopping, and the Caltrain station, providing an ideal urban lifestyle.
As a 2020-built top-floor unit, the home features high-end Bosch appliances, sleek contemporary design, and expansive windows that maximize natural light and scenic views of the Bay and hills.
Residents benefit from secure ButterflyMX access, deeded parking, dedicated storage, and well-maintained community spaces including outdoor gathering areas with fountains and bike rooms.
The monthly association fee of $734 is relatively high for a one-bedroom unit, which may impact the overall monthly carrying costs and affordability for some buyers.
With only one bedroom, the property may have limited appeal for buyers requiring a dedicated home office or guest room, potentially narrowing the pool of interested parties.
Located in the sought-after Residences at Wheeler Plaza, this sophisticated top-floor penthouse offers an elevated blend of luxury, convenience, and modern design in downtown San Carlos. Filled with natural light, the thoughtful floor plan features contemporary finishes, expansive windows, and seamless indoor-outdoor flow. Open-concept living spaces are ideal for everyday living and entertaining, while the spacious primary suite provides a peaceful retreat with generous storage. The kitchen is appointed with high-end Bosch appliances and sleek modern finishes, plus an in-unit washer & dryer and convenient powder room for guests. Built in 2020, the home combines newer construction with refined design in one of the Peninsulas most vibrant downtown communities. Highlights include deeded parking and storage in a gated garage, secure ButterflyMX access, a formal lobby, two dedicated bike rooms, and outdoor gathering spaces with fountains for entertaining and relaxing. The location is truly ideal moments from Laurel Street dining, boutique shopping, parks, Caltrain, and local amenities, offering exceptional walkability and access to Silicon Valley and San Francisco. Wheeler Plaza residents enjoy a modern, upscale lifestyle in the center of San Carlos, known as the City of Good Living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 18% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 878 | 1,147 | 18% |
| Lot Size | 893 | - | 82% |
| Price | $999.0K | $999.0K | 50% |
| Price per sq ft | $1.1K | $882 | 82% |
| Built year | 2020 | 1974 | 82% |
| HOA | $734.0 | $790 | 35% |
| Days on market | 27 | 117 | 12% |
May 20, 2026
$999,000
Initial Listing
Jul 21, 2023
$1,595,000
Public Record