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For sale
  • $3,495,000

    1257 Magnolia Ave, San Carlos, CA 94070

    4beds
    3,210sqft
    : 
    $23,707/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1937
    9,344 Square Feet Lot
    $3,393,300 Zestimate®
    $1,089/sqft
    $-- HOA

    What's special

    Park-like yardSunroom overlooking the poolIn-ground poolPrimary suite with fireplaceStainless-steel appliancesGranite countertops
    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.
    66 days
    |
    1,015
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gregory Garcia 01009536 650-771-0656,

    Sequoia Realty Services 650-556-8660

    Source: MLSListings Inc,MLS#: ML82047658MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Laundry, Office
      Bedroom
      • Features: PrimarySuiteRetreat2plus, WalkinCloset, GroundFloorPrimaryBedroom2plus
      Bathroom
      • Features: DoubleSinks, PrimaryTubwJets, ShowerandTub, StallShower2plus, UpdatedBaths, HalfonGroundFloor
      Dining room
      • Features: EatinKitchen
      Family room
      • Features: SeparateFamilyRoom
      Kitchen
      • Features: Countertop_Granite, Island
      Heating
      • Forced Air, Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Range Hood, Refrigerator, Washer, Washer/Dryer
      • Laundry: Inside
      Features
      • Walk-In Closet(s)
      • Flooring: Hardwood, Tile
      • Fireplace features: Living Room, Primary Bedroom
      Interior area
      • Total structure area: 3,210
      • Total interior livable area: 3,210 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached
      • Garage spaces: 2
      Features
      • Stories: 2
      • Patio & porch: Balcony/Patio
      • Exterior features: Back Yard
      • Pool features: In Ground
      • Fencing: Back Yard
      Lot
      • Size: 9,344 Square Feet
      • Features: Level
      Details
      • Additional structures: Garage
      • Parcel number: 050071020
      • Zoning: RM0000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence, Residential
      Materials
      • Foundation: Slab, Crawl Space
      • Roof: TarGravel
      Condition
      • New construction: No
      • Year built: 1937

      Utilities & green energy

      • Gas: PublicUtilities
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public Utilities, Water Public

      Community & HOA

      Location
      • Region: San Carlos

      Financial & listing details

      • Price per square foot: $1,089/sqft
      • Tax assessed value: $2,959,488
      • Annual tax amount: $34,908
      • Date on market: 5/19/2026
      • Listing agreement: ExclusiveRightToSell

        Estimated market value

        $3,393,300

        $3.22M - $3.56M

        $7,837/mo

        Price history

        DateEventPrice
        5/19/2026Listed for sale$3,495,000+39.8%$1,089/sqft
        Source: MLSListings Inc #ML82047658 Report a problem
        5/1/2023Listing removed--
        Source: Zillow Rentals Report a problem
        4/27/2023Listed for rent$5,000$2/sqft
        Source: Zillow Rentals Report a problem
        4/21/2016Sold$2,500,000+92.3%$779/sqft
        Source: Public Record Report a problem
        10/15/2012Sold$1,300,000-3.6%$405/sqft
        Source: Public Record Report a problem
        9/9/2012Price change$1,349,000+3.8%$420/sqft
        Source: Coldwell Banker Residential Brokerage - Menlo Park-Santa Cruz Ave. #81225160 Report a problem
        7/7/2012Listed for sale$1,299,000+62.4%$405/sqft
        Source: Coldwell Banker Residential Brokerage - Menlo Park-Santa Cruz Ave. #81225160 Report a problem
        3/28/2012Sold$800,000+0.6%$249/sqft
        Source: Public Record Report a problem
        2/18/2012Price change$795,000-3.6%$248/sqft
        Source: David J. Macdonald Real Estate #81146614 Report a problem
        11/9/2011Listed for sale$825,000$257/sqft
        Source: David J. Macdonald Real Estate #81146614 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$34,908 +0.9%$2,959,488 +2%
        2024$34,611 +4%$2,901,460 +2%
        2023$33,283 +2.5%$2,844,569 +2%
        2022$32,473 +1.3%$2,788,794 +2%
        2021$32,071 +0.9%$2,734,112 +1%
        2020$31,778 +1.2%$2,706,078 +2%
        2019$31,397 +2.6%$2,653,019 +2%
        2018$30,594 +1.1%$2,601,000 +2%
        2017$30,256 +81.4%$2,550,000 +88.6%
        2016$16,676 +0.4%$1,352,305 +1.5%
        2015$16,618 +2.7%$1,331,993 +2%
        2014$16,182 $1,305,902 +0.5%
        2013-- $1,300,000 +859.5%
        2012-- $135,487
        2011-- $135,487 +2.8%
        2010-- $131,840 -0.2%
        2009-- $132,154 +2%
        2008-- $129,564 +2%
        2007-- $127,025 +2%
        2006-- $124,535
        2005-- $124,535 +4%
        2004-- $119,701 +1.9%
        2003-- $117,508 +2%
        2002-- $115,205 +2%
        2001-- $112,947 +2%
        2000-- $110,733
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 94070

        Getting around

        90 / 100
        Walker's Paradise
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: SanCarlosElementary

        Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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