1257 Magnolia Avenue

Property Overview
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.
Home Details
- Property type
- Residential - SingleFamilyResidence
- Year built
- 1937
- Living area
- 3,210 sq ft
- Lot size
- 9,344 sq ft
- Parking
- 2 spaces
- Garage
- 2 spaces
- Stories
- 2.0
- Days on market
- 15
- MLS status
- Active
- Zoning
- RM0000
Features & Amenities
Interior
- Walk In Closets
Appliances
- Dishwasher
- Disposal
- Refrigerator
- Range Hood
- Washer
Pool
- In Ground
Lot
- Level
Community, Schools & Utilities
Utilities
- Heating
- ForcedAir
- Cooling
- CentralAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions
Homeowner resources
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“Reza was the best agent we have ever worked with.”— Russell & Susan McQueen
Listing Agent

