223 San Carlos Avenue, Redwood City, California 94061, Redwood City, 94061 - 2 bed, 2 bath

223 San Carlos Avenue, Redwood City, California 94061 home-pic-0
ACTIVE$1,799,000
223 San Carlos Avenue, Redwood City, California 94061
2Beds
2Baths
1,331Sqft
5,100Lot
Year Built
1947
Close
-
List price
$1.8M
Original List price
$1.9M
Price/Sqft
$1,352
HOA
-
Days on market
-
Sold On
-
MLS number
ML82024158
Home ConditionGood
Features
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $1.80M(27th), sqft - 1331(24th), beds - 2(13th), baths - 2(50th).

Dollar Per Sq. Ft. living area, we are one of the best priced active homes in the neighborhood! Appraised at $1.88M (Aug.31) | Now Listed at $1.799M For the first time in nearly 30 years, this move-in-ready home is available in one of the Peninsulas most sought-after neighborhoods ideally positioned between North Atherton, Menlo Park, Woodside Road, and Stanford. Enjoy unbeatable access to Tesla, Meta, Google, & the best of both Silicon Valley & San Francisco. * Open-layout kitchen perfect for festive meals & holiday entertaining * Quiet, private backyard for entertaining, pets, & relaxing BBQs * 2 beds, 2 baths (1 en suite) plus a flexible workspace, great for a home office, study room, or future playroom * Updated garage w/ new lighting, extra outlets, & custom storage ideal for hobbies, fitness, or startup projects * Licensed general contractor (5 stars), quote under $20,000 & included plans to convert living room to a third bedroom w/ private entry instantly adds bedroom & around $30,000 in value per appraiser * Check for Further potential for expansion or ADU with Redwood City Building Department This home offers strong long-term value in the heart of Silicon Valleys growth corridor. Gain equity, move in today, & build your future at 223 San Carlos Ave.

Nearby schools

5/10
Selby Lane Elementary School
Public,K-80.3mi
5/10
John F. Kennedy Middle School
Public,5-80.8mi
6/10
Woodside High School
Public,9-121.0mi

Price History

Date
Event
Price
12/05/25
Price Change
$1,799,000-2.0%
11/18/25
Price Change
$1,835,000-3.4%
10/08/25
Listing
$1,900,000
Condition Rating
Good

The property, built in 1947, presents as move-in ready due to significant and tasteful updates in key areas. The kitchen features modern white shaker cabinets, black granite countertops, stainless steel appliances, and recessed lighting. The bathroom includes a contemporary vanity, updated fixtures, and a tiled shower with a glass enclosure. Hardwood flooring is consistent and well-maintained throughout the main living spaces. While the core structure is older, the visible renovations in the kitchen and bathroom appear to be within the last 10-15 years, ensuring functionality and a modern aesthetic, which aligns with the 'Good' condition criteria for a well-maintained home with updated components.
Pros & Cons

Pros

Competitive Pricing & Value: Currently listed below its recent appraisal value ($1.88M vs $1.799M) and highlighted as one of the best-priced per square foot in the neighborhood, offering immediate equity potential.
Prime Silicon Valley Location: Ideally positioned with unbeatable access to major tech companies (Tesla, Meta, Google) and desirable areas like North Atherton, Menlo Park, Woodside Road, and Stanford.
Immediate Value-Add Potential: Includes a licensed contractor's quote (under $20k) and plans to convert the living room into a third bedroom, estimated to add $30k in value and enhance functionality.
Versatile & Updated Spaces: Features an open-layout kitchen, a flexible workspace ideal for a home office, and an updated garage with custom storage, catering to modern living and work-from-home needs.
Move-in Ready with Long-Term Growth: Described as 'move-in-ready' and located in Silicon Valley's growth corridor, suggesting both immediate comfort and strong long-term appreciation potential.

Cons

Limited Bedroom Count: With only 2 bedrooms, the property may not suit larger families or those requiring more private sleeping spaces without undertaking the proposed conversion.
Older Construction: Built in 1947, the property may have older infrastructure (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades, despite being 'move-in ready'.
Recent Price Reductions: Multiple price drops from the original $1.9M to $1.799M could indicate initial overpricing or market resistance, potentially impacting buyer perception.

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