$2,498,000
1615 Edgewood Rd, Redwood City 94062
AddressIntel AI Briefing
This 1912 cottage sits on an enormous 0.8-acre lot in an ultra-wealthy enclave, representing a world-class teardown and luxury estate development opportunity. While the Very High Fire Hazard Zone mandates premium fire-resistant materials and mitigation, the massive ARV potential offers an exceptional ROI ceiling.
Property Permit History
Recent Neighborhood Remodeling (Redwood City)
Parcel & Zoning Info
ADU Potential
Flag / irregular · ~241 ft frontage × 317 ft deep, a tucked-away rear unit is very private; access is typically via the pole driveway.
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.
Seller Motivation
Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.
Hazard Snapshot
Flood Zone
Fire Severity
Liquefaction
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
Clifford Elementary
Redwood City Elementary
McKinley Institute of Technology
Redwood City Elementary
Canyon Oaks Youth Center
San Mateo County Office of Education
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
65/100
Based on recent sales velocity and local demand in 94062.
Flippability Score
85/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
20%
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 Redwood City (94062): $1,515/sqft. Sized within 25% of the 1,700 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.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (Redwood City 94062)
Sized to the modelled 1,700 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.