703 Lacewing Lane, Redwood City, California 94065, Redwood City, 94065 - 4 bed, 3 bath
Loading property details...
Redwood City, California 94065
This Beautifully Maintained Redwood Shores Residence is a Strong Value Opportunity, listed at $2,688,888—positioned well below the $2,859,092 Fair Market Value by 5%. This valuation gap provides $170,204 in Instant Equity. Boasting a Condition Rating of 3, the home features vaulted ceilings, a granite kitchen, and hardwood floors. Located in a premier district with 9/10 rated schools including Ralston Intermediate and Carlmont High, it balances lifestyle luxury with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 703 Lacewing Lane Subject | $2,688,888* List Price | 4 | 3 | 2,590 | $1,104 | - |
A 1 Mandalay Court Sold | $3,381,888 | 4 | 3 | 2,660 | $1,271 | 0.8 mi |
B 814 Schooner Bay Drive Sold | $2,620,000 | 4 | 3 | 2,660 | $985 | 0.7 mi |
C 105 Tanager Lane Sold | $2,700,000 | 4 | 3 | 2,100 | $1,286 | 0.2 mi |
D 822 Seal Pointe Drive Sold | $2,900,000 | 4 | 3 | 2,390 | $1,213 | 0.7 mi |
E 29 Barcelona Circle Sold | $2,688,000 | 4 | 3 | 2,490 | $1,080 | 1.0 mi |
F 578 Seahorse Lane Sold | $2,650,000 | 4 | 3 | 1,990 | $1,332 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been exceptionally well-maintained since its 1998 construction. It features several high-quality updates including hardwood flooring throughout, granite countertops, and updated stainless steel appliances. While the kitchen cabinetry and some tile work reflect a more traditional style consistent with its age, the primary bathroom has been refined, and the listing notes updates to key systems and windows, placing it firmly in the 'good' category.
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
The home features a dramatic entry with vaulted ceilings and expansive windows on a sun-filled corner lot, creating an exceptionally bright and airy living environment.
Thoughtfully maintained with updated key systems, windows, and a modern kitchen featuring granite countertops and updated appliances, offering a move-in ready experience.
The property is subject to two separate homeowners associations, which involves multiple monthly/annual fees and two sets of community guidelines to navigate.
With a 2,590 square foot home situated on a roughly 5,000 square foot lot, the outdoor yard space is relatively modest compared to the interior scale.
Set on a sun-filled corner lot, this beautifully maintained 2,590± SF home blends classic scale with thoughtful updates and effortless everyday living. A dramatic entry and living room with vaulted ceilings create an immediate sense of openness, while expansive windows draw in natural light throughout. The floor plan is both functional and inviting, featuring a formal dining room for gatherings, a well-appointed kitchen with granite countertops, generous pantry, breakfast nook, and updated appliances, and a separate great room with fireplace and built-in storage designed for relaxed living. Upstairs, the expansive primary suite offers a quiet retreat with a private balcony and an updated bath with refined finishes. Hardwood floors extend throughout, complemented by soaring ceilings that enhance the homes cohesive, airy feel. Over time, the property has been thoughtfully improved with updates to key systems, windows, flooring, and outdoor spaces creating a home that feels both timeless and exceptionally well cared for. There are 2 HOA's: Gossamer Cove and Redwood Shores Owners Association. Gossamer Cove is $215 monthly Redwood Shores Owners Association is $80 annual
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-5 • 0.6 mi
Grades K-5 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,590 | 1,990 | 76% |
| Lot Size | 5,091 | 5,069 | 53% |
| Price | $2.69M | $2.62M | 65% |
| Price per sq ft | $1.0K | $1.3K | 12% |
| Built year | 1998 | 1984 | 94% |
| HOA | $215.0 | $215 | 50% |
| Days on market | 28 | 89 | 6% |
Mar 25, 2026
$2,688,888
Initial Listing
Nov 4, 1998
$568,000
Public Record