$3,688,000
1618 Fairway Dr, Belmont 94002
AddressIntel AI Briefing
The optimal play is a stealth density: primary + ADU + JADU conversion to capture premium rental yields in this tightly held, high-income Belmont block. The modern 1997 build makes a teardown completely impractical, and the high lot coverage limits standard expansion. Pursuing ministerial ADU pathways avoids local discretionary reviews and maximizes the utility of the existing footprint.
Property Permit History
Recent Neighborhood Remodeling (Belmont)
Parcel & Zoning Info
ADU Potential
Standard lot · ~72 ft frontage × 127 ft deep, typical proportions for a detached ADU behind or beside the home.
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 2,400 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. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).
Nearby Public Schools
San Carlos Charter Learning Center
San Carlos Elementary
Tierra Linda Middle
San Carlos Elementary
Carlmont High
Sequoia Union High
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
20/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
37%
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 2,400 sqft here, less than the 3,173 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): $1,146/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.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (Belmont 94002)
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.