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ActiveSingle Family

$3,199,500

1286 Parrott Dr, San Mateo 94402

Beds3
Baths2
Sqft2,152
DOM3
No Photos Available

AddressIntel AI Briefing

The optimal play here is teardown-and-mansionize, taking advantage of an exceptionally large lot to build a luxury trophy estate. Strong household demographics in this census block provide a massive ARV ceiling, with no active environmental hazard blockers.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (San Mateo)

2026-08-211241 SHAFTER ST SAN MATEO 94402-2901 CA
Single Family (Alteration/Repair) - Kitchen & Bath Remodel (Flat)
$22,000Issued
2026-08-211133 WAYNE WAY SAN MATEO 94403-1564 CA
Single Family (Alteration/Repair) - Kitchen & Bath Remodel (Flat)
$30,000Issued
2026-08-211241 SHAFTER ST SAN MATEO 94402-2901 CA
Single Family (Alteration/Repair) - Kitchen & Bath Remodel (Flat)
$35,000Issued
2026-08-21510 BOREL AVE SAN MATEO 94402-3406 CA
Single Family (Alteration/Repair) - Alter
$28,882Issued
2026-08-202614 ALAMEDA DE LAS PULGAS SAN MATEO 94403-2652 CA
Single Family (Alteration/Repair) - Kitchen & Bath Remodel (Flat)
$7,000Issued
2026-08-20406 AVILA RD SAN MATEO 94402-2822 CA
Single Family (Addition) - Add/Alter
$91,714Issued

Parcel & Zoning Info

APN038141050
Official Lot Sqft19,412
Zoning CodeR-1, S-8
SB 9 StatusEligible · up to 4 units
Unlock Pathways
Ministerial ADU Ministerial SB 9 Builder's Remedy SB 423 Streamlining Density Bonus
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score96/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage11.1%

Wide & shallow · ~174 ft frontage × 177 ft deep, limited depth, an ADU likely sits beside the house rather than behind it.

Screening heuristic based on lot size, existing coverage, lot orientation, and hazard overlays. CA ADU law is ministerial statewide; verify max size, setbacks, and JADU owner-occupancy with the local planning dept.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

Moderate
Elevated fire risk; impacts insurance cost and building materials.

Liquefaction

No
Not in a mapped liquefaction zone.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.

Nearby Public Schools

Elementary School

Highlands Elementary

San Mateo-Foster City

0.8 miles away
Middle School

Borel Middle

San Mateo-Foster City

1.6 miles away
High School

Aragon High

San Mateo Union High

1.3 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

78/100

Based on recent sales velocity and local demand in 94402.

Flippability Score

85/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

60%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Median of 12 recent single-family sales in San Mateo (94402): $1,471/sqft. Sized within 25% of the 3,200 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.

Hard Costs$1,760,000
New Build3,200 sqft
Total Capital Required$5,134,500
Estimated Resale (ARV)$4,707,200
Cost of Sale (5%)-$235,360
Net Proceeds$4,471,840

Projected Profit

-$662,660
-12.9% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Mateo 94402)

Sized to the modelled 3,200 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

8 Bennington Ct

Sold
$3,350,000
Sold: 2026-08-13
Lot: 17,624
Sqft: 2610
$/Sqft: $1,284

554 Edgewood Rd

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$5,000,000
Sold: 2026-08-12
Lot: 14,207
Sqft: 3205
$/Sqft: $1,560

523 Iowa Dr

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$3,250,000
Sold: 2026-08-10
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Sqft: 2460
$/Sqft: $1,321

459 Cornell Ave

Sold
$4,420,000
Sold: 2026-08-05
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Sqft: 2900
$/Sqft: $1,524

605 Barroilhet Ave

Sold
$3,760,000
Sold: 2026-07-31
Lot: 9,893
Sqft: 2590
$/Sqft: $1,452

613 Barroilhet Ave

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$5,475,000
Sold: 2026-07-31
Lot: 10,000
Sqft: 3342
$/Sqft: $1,638

401 Castilian Way

Sold
$3,610,000
Sold: 2026-07-30
Lot: 7,034
Sqft: 2450
$/Sqft: $1,473

111 Aragon Blvd

Sold
$4,050,000
Sold: 2026-07-27
Lot: 6,600
Sqft: 3020
$/Sqft: $1,341

120 Gramercy Dr

Sold
$3,000,000
Sold: 2026-07-24
Lot: 10,113
Sqft: 2850
$/Sqft: $1,053

405 Glendale Rd

Sold
$4,788,000
Sold: 2026-07-24
Lot: 7,885
Sqft: 2915
$/Sqft: $1,643

612 Hobart Ave

Sold
$3,800,000
Sold: 2026-07-21
Lot: 7,102
Sqft: 2463
$/Sqft: $1,543

40 Roxbury Ln

Sold
$3,599,992
Sold: 2026-07-16
Lot: 13,644
Sqft: 2450
$/Sqft: $1,469