**APPOINTMENT ONLY – PLEASE DO NOT DISTURB OCCUPANTS** Exceptional investor/development opportunity in the heart of San Carlos! Set on a prime corner lot this property presents a rare two-address configuration on one parcel. Featuring a 6BD/4BA main house at 590 Chestnut with a separate 1BD/1BA apartment at 580 Chestnut. Currently operating as an assisted care facility, the property offers immediate functional use with long-term potential for an investor, developer, or owner-user seeking a flexible asset in a highly desirable location. Just moments from vibrant downtown San Carlos, Laurel St. shops and restaurants, Caltrain, and Sequoia Hospital. The property also enjoys convenient access to a variety of community amenities, including the San Carlos Adult Community Center, City Hall, the San Carlos Library, Police Department, Burton Park, the San Carlos Dog Park, and the San Carlos Youth Center, all within approximately a five-minute walk. A rare chance to acquire a flexible property in a coveted San Carlos setting.
Property Details
Price:
$2,899,000
MLS #:
ML82055159
Status:
Active
Beds:
7
Baths:
5
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
Jul 23, 2026
Finished Sq Ft:
4,800
Lot Size:
5,510 sqft / 0.13 acres (approx)
Year Built:
1946
See this Listing
Schools
School District:
Other
Elementary School:
Other
Middle School:
Other
High School:
Carlmont
Interior
Bathrooms
5 Full Bathrooms
Cooling
CA
Heating
CF
Laundry Features
IG
Exterior
Attached Garage YN
1
Common Walls
NCW
Garage Spaces
2
Parking Spots
2
Parking Total
2
Roof
SHN
Financial
Map
Community
- Address580590 Chestnut ST 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 Jul 24, 2026
40
Single Family Listed
65
Avg DOM
1,161
Avg $ / SqFt
$2,363,542
Avg List Price
Property Summary
- 580590 Chestnut ST San Carlos CA is a Single Family for sale in San Carlos, CA, 94070. It is listed for $2,899,000 and features 7 beds, 5 baths, and has approximately 4,800 square feet of living space, and was originally constructed in 1946. The current price per square foot is $604. The average price per square foot for Single Family listings in San Carlos is $1,161. The average listing price for Single Family in San Carlos is $2,363,542.
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