Prime San Carlos location! Spacious 4-bedroom, 3.5-bath home with approximately 3,210 sq. ft. of living space on a 9,344 sq. ft. lot. Features include a gourmet kitchen with center island, granite countertops, and stainless-steel appliances; living room with fireplace; sunroom overlooking the pool; and family room with built-in cabinetry. A flexible ground-floor suite offers potential as a junior ADU. Upstairs are two generous bedrooms plus a primary suite with fireplace, jetted tub, double vanity, and walk-in shower. The park-like yard includes an in-ground pool, and the two-car garage with attached room may offer additional ADU potential. INVESTMENT POTENTIAL: Exceptional development opportunity! Included are fully approved, permit-ready plans for nine condominium units. Additional upside may exist to increase the project to as many as 16 units under current zoning and recent state housing laws. Prime transit-oriented location eliminates parking requirements. Extensive due diligence has been completed, including soils reports, surveys, and other key pre-development work. Close to shopping, dining, transportation, and vibrant downtown San Carlos.
Property Details
Price:
$3,495,000
MLS #:
ML82047658
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
May 19, 2026
Finished Sq Ft:
3,210
Lot Size:
9,344 sqft / 0.21 acres (approx)
Year Built:
1937
See this Listing
Schools
School District:
Other
Interior
Appliances
DW, GD, RF, HOD
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
CA
Flooring
TILE, WOOD
Heating
FA
Laundry Features
WINC
Exterior
Common Walls
NCW
Garage Spaces
2
Parking Spots
2
Parking Total
2
Roof
TARGRV
Spa Features
IG
Financial
Map
Community
- Address1257 Magnolia AV San Carlos CA
- CitySan Carlos
- CountySan Mateo
- Zip Code94070
Subdivisions in San Carlos
Market Summary
Current real estate data for Single Family in San Carlos as of May 21, 2026
45
Single Family Listed
51
Avg DOM
1,115
Avg $ / SqFt
$2,288,377
Avg List Price
Property Summary
- 1257 Magnolia AV San Carlos CA is a Single Family for sale in San Carlos, CA, 94070. It is listed for $3,495,000 and features 4 beds, 4 baths, and has approximately 3,210 square feet of living space, and was originally constructed in 1937. The current price per square foot is $1,089. The average price per square foot for Single Family listings in San Carlos is $1,115. The average listing price for Single Family in San Carlos is $2,288,377.
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