$2,788,888
3618 Reposo Way, Belmont 94002
AddressIntel AI Briefing
The optimal play here is a stealth density: primary + ADU + JADU configuration to capture additional rental income, as the home's turnkey condition makes a teardown financially unviable. The property’s location in a highly stable, high-income neighborhood offers strong tenant appeal, though a moderate fire hazard zone designation may marginally increase insurance costs. With the asking price already mirroring market ARV, a heavy structural redevelopment or lot split is highly discouraged.
Property Permit History
Recent Neighborhood Remodeling (Belmont)
Parcel & Zoning Info
ADU Potential
Flag / irregular · Corner lot · ~75 ft frontage × 119 ft deep, a tucked-away rear unit is very private; access is typically via the pole driveway. A second street frontage lets an ADU take its own entrance and address.
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.
Redevelopment Potential
Existing home already uses most of the allowable floor area, little expansion headroom. Zoning allows roughly 2,200 sqft of gross floor area on this lot.
Screening estimate comparing existing living area to the city's single-family floor-area limit. City sets no explicit FAR (or is not individually curated); allowable area is a conservative estimate. Source: Belmont Zoning Ordinance 4.2.3(d) Table 5 (Lot Size/Intensity) as a CAP on the default estimate; Table 4 slope FAR NOT applied, no per-parcel slope available (as of 2026-09-03). Verify FAR, coverage, setbacks, and height with the local planning dept.
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
Fox Elementary
Belmont-Redwood Shores Elementary
Ralston Intermediate
Belmont-Redwood Shores Elementary
Gateway 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
68/100
Based on recent sales velocity and local demand in 94002.
Flippability Score
25/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
42%
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.
Zoning allows roughly 2,200 sqft here, less than the 2,212 sqft standing today, so a compliant rebuild would be smaller than the existing house. We don't quote a return on this one. Demolishing generally forfeits the existing non-conforming floor area, so treat it as a remodel or check the local code for what it lets you rebuild.
Median of 12 recent single-family sales in Belmont (94002): $1,090/sqft. Sized within 25% of the 2,200 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.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (Belmont 94002)
Sized to the modelled 2,200 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.