
1257 Magnolia Ave
San Carlos, CA

Property Highlights
Property Type: Single Family // Bedrooms: 4 // Bathrooms: 2.5 // Garage: 2 (Detached)
Living Space: 3210+ sq ft // Lot Size: 9344 sq ft // School: San Carlos
Offered at $3,495,000
Prime San Carlos location! Spacious 4-bedroom, 3.5-bath home with approximately 3,210 square feet of living space. Features include a gourmet kitchen with center island, granite countertops, and stainless-steel appliances; a living room with fireplace; a sunroom overlooking the pool; and a family room with built-in cabinetry. The flexible ground-floor suite offers potential as a junior ADU. Upstairs includes two generous bedrooms plus a primary suite with fireplace, jetted tub, double vanity, and walk-in shower. Enjoy a park-like 9,344 square foot yard with an in-ground pool, plus a two-car garage with an attached room that may offer ADU potential. Close to shopping, dining, transportation, and vibrant downtown San Carlos.
Amazing Development Opportunity!
This exceptional property comes with fully approved, permit-ready plans for nine condominium units, allowing you to break ground immediately and save valuable time and expense.
Even greater upside may be possible. Under current zoning and recent state housing regulations, there is potential to increase the project to as many as sixteen units. Due to the property's prime transit-oriented location, parking requirements are eliminated, maximizing the site's development potential.
Extensive due diligence has already been completed, including soils reports, surveys, and other key pre-development work. A rare chance for developers and investors to acquire a shovel-ready project with substantial additional upside.
























