
Redwood City, California 94061
This property presents a High-Potential Investment Opportunity with a List Price of $1,795,000—positioned well below the $1,792,708 Fair Market Value (effectively at market). While requiring significant modernization due to its Condition Rating of 5, the 6,897 sqft lot offers substantial development potential. Located just 0.18 miles from the highly-rated Roy Cloud Elementary School, the asset provides a rare foundation for value-add renovation. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants looking to customize a home in a premier Redwood City neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 902 Glennan Dr Subject | $1,980,000 | 3 | 2 | 1,300 | $1,379 | - |
A 1196 Foothill Street Sold | $1,855,000 | 3 | 2 | 1,300 | $1,427 | 0.3 mi |
B 2504 Hastings Avenue Sold | $1,800,000 | 3 | 1 | 1,310 | $1,374 | 0.6 mi |
C 1271 Fernside Street Sold | $1,633,000 | 3 | 1 | 980 | $1,666 | 0.5 mi |
D 754 Topaz Street Active | $1,699,000 List Price | 3 | 2 | 1,440 | $1,180 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 and on the market for the first time in 60 years, this home is in largely original condition. The kitchen and bathrooms are significantly dated (60+ years old), and the interior features mid-century wood paneling and older systems. The listing explicitly suggests a need for renovation and vision, placing it in the rehab category.
The property is ideally situated just 0.18 miles from the highly-rated Roy Cloud Elementary School (Rating 8) and offers excellent commuter access to both Silicon Valley and San Francisco.
Featuring a generously sized, mostly flat 6,897 sqft lot, this property provides a rare opportunity for expansion, customization, or a complete rebuild in a high-demand neighborhood.
Offered for the first time in nearly 60 years, this single-story ranch serves as a blank canvas for buyers looking to create a bespoke home in a stable and established community.
Given the home's age and long-term ownership, the 1956 structure likely requires substantial modernization and capital investment to meet contemporary luxury standards.
At a list price of $1.795M for 1,300 square feet, the cost per square foot is significant, particularly when factoring in the additional budget needed for necessary upgrades.
First time on the market in nearly 60 years! This charming single-story ranch home offers 3 bedrooms and 2 bathrooms on a generously sized, mostly flat lot in one of the area's most desirable neighborhoods. A rare opportunity to bring your vision and create the home of your dreams, this property provides endless potential for renovation, expansion, or customization. Ideally located just moments from the highly-regarded Roy Cloud School and with convenient commuter access to both Silicon Valley and San Francisco, the location is as exceptional as the opportunity itself. Don't miss this chance to own a treasured home in an outstanding community!
No exterior & parking available.
Grades K-8 • 0.2 mi
Grades K-8 • 0.6 mi
Grades 5-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,300 | 1,711 | 25% |
| Lot Size | 6,897 | 6,400 | 62% |
| Price | $1.98M | $2.23M | 39% |
| Price per sq ft | $1.5K | $1.4K | 70% |
| Built year | 1956 | 1952 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 100 | 3% |
Jun 4, 2026
$1,795,000
Initial Listing