728 Elm 205, San Carlos, California 94070, San Carlos, 94070 - 2 bed, 2 bath
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San Carlos, California 94070
This Move-In Ready Downtown Condo is listed at $745,000, representing a stable acquisition at its $745,000 Fair Market Value. Positioned as the lowest-priced 2-bedroom, 2-bathroom residence in San Carlos, the unit features a Condition Rating of 4 with fresh paint and new carpet. The layout includes a private balcony overlooking the community pool and landscaped greenbelt. Located steps from the Caltrain station and the 9/10 rated Central Middle School, it offers an unbeatable lifestyle. This property is an ideal match for first-time buyers or Owner-Occupants seeking a high-quality Peninsula sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 728 Elm 205 Subject | $745,000* List Price | 2 | 2 | 1,070 | $696 | - |
A 1 Laurel 102 Active | $899,000 List Price | 2 | 2 | 1,030 | $873 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, the unit has received recent cosmetic updates including fresh paint and new carpet making it move-in ready. However, the kitchen and systems remain dated, featuring older tile countertops, white appliances with electric coil burners, and original-style cabinetry that likely exceeds the 20-year threshold for modern updates.
Middle School: Central Middle School (9/10).
Situated in the heart of San Carlos, this property offers exceptional walkability to the Caltrain station, vibrant downtown dining, shops, and top-rated schools like Central Middle School.
Positioned as the lowest-priced 2-bedroom, 2-bathroom condo in San Carlos with a recent price reduction, this unit represents a high-value entry point into a prestigious real estate market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1237, other record lot size in square feet = 23241.
The association fee of $772 per month is relatively high, which may impact the overall affordability and monthly carrying costs for budget-conscious buyers.
While the property offers potential for a laundry hookup in the hall closet, the current lack of installed in-unit laundry facilities may be a drawback compared to more modern condominium developments.
***LOWEST PRICED 2-Bedroom 2-Bathroom Condo in San Carlos*** Premier downtown location in the heart of The City of Good Living. Enjoy effortless access to shops, restaurants, the library, senior and youth centers, parks, top-rated schools, the train station, weekly Farmers' Market, and year-round festivals all just steps from your door. This charming end-unit condo offers privacy, natural light, and a thoughtfully designed layout. The kitchen is impeccably maintained and ideal for home chefs, flowing seamlessly into a dining area perfect for entertaining. Relax in the spacious living room or step out onto the generous balcony overlooking the sparkling pool. The primary suite features private balcony access and an en suite bath, while the sizable guest bedroom is served by a conveniently located second bath. A large hall closet provides potential for in-unit laundry. Enjoy beautifully landscaped grounds, a community pool, dedicated parking, and extra storage. Freshly painted with new carpet, this home is move-in ready. A must-see gem in an unbeatable location! Property is virtually staged.
No exterior & parking available.
Grades 6-8 • 0.2 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,070 | 1,167 | 40% |
| Lot Size | 1,237 | - | 93% |
| Price | $745.0K | $1.27M | 27% |
| Price per sq ft | $696 | $799 | 20% |
| Built year | 1966 | 1974 | 13% |
| HOA | $772.0 | $780 | 47% |
| Days on market | 100 | 91 | 67% |
Apr 18, 2026
$745,000
$798,000
-7% Price Drop
Initial Listing
Jan 12, 2026
$798,000
Initial Listing