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Off-MarketSingle Family

$2,698,000

886 Heather Dr, San Carlos 94070

Beds4
Baths3.5
Sqft2,235
DOM17
No Photos Available

AddressIntel AI Briefing

With an exceptionally low lot coverage of 17% and a massive 13,424 sqft lot, the optimal play here is an SB 9 lot split into 4 units to maximize the high-income San Carlos demographic. Alternatively, a teardown-and-mansionize strategy works perfectly given high-value local addition permit activity and zero hazard blockers.

Property Permit History

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

Recent Neighborhood Remodeling (San Carlos)

2026-08-24166 OAKVIEW DR SAN CARLOS CA 94070
Building Residential- Addition
--Issued
2026-08-211506 CORDILLERAS AVE SAN CARLOS CA 94070
Building (Residential) - Kitchen Remodel
--Issued
2026-08-20222 LAUREL ST Unit: 201 SAN CARLOS CA 94070
Building Residential-Bathroom Remodel
--Issued
2026-08-20239 MANOR DR SAN CARLOS CA 94070
Building Residential-Bathroom Remodel
--Issued
2026-08-201388 WOODLAND AVE SAN CARLOS CA 94070
Building Residential- Addition
--Issued
2026-08-192616 THORNHILL DR SAN CARLOS CA 94070
Building Residential- Addition
--Issued

Parcel & Zoning Info

APN050231160
Official Lot Sqft13,424
Zoning CodeNO DATA ASSIGNED
SB 9 StatusLikely · up to 4 units
Unlock Pathways
Ministerial ADU Ministerial SB 9 Density Bonus
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score100/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage16.6%

Flag / irregular · ~191 ft frontage × 201 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.

Redevelopment Potential

Redevelopment Score70/100
ClassTeardown candidate
FAR Utilization42% of allowed
Buildable Headroom+3,135 sqft

Small, older home using a low share of the allowable building envelope on a sizable lot, a scrape-and-rebuild or major-expansion play. Zoning allows roughly 5,370 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: conservative default (0.40 FAR — city not individually curated) (as of 2026-06-30). Verify FAR, coverage, setbacks, and height with the local planning dept.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

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

Heather Elementary

San Carlos Elementary

0.2 miles away
Middle School

Central Middle

San Carlos Elementary

0.8 miles away
High School

Carlmont High

Sequoia 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

87/100

Based on recent sales velocity and local demand in 94070.

Flippability Score

72/100

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

Bidding War Prob.

45%

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.

We don't hold this jurisdiction's floor-area rule, so the default builds to roughly 5,370 sqft from a conservative 0.40 FAR approximation, a starting point and not a zoning answer. Check the local code before you rely on it.

Median of 5 recent single-family sales in San Carlos (94070): $1,108/sqft. Sized within 25% of the 5,400 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$2,970,000
New Build5,400 sqft
Total Capital Required$5,843,000
Estimated Resale (ARV)$5,983,200
Cost of Sale (5%)-$299,160
Net Proceeds$5,684,040

Projected Profit

-$158,960
-2.7% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Carlos 94070)

Sized to the modelled 5,400 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

182 Coronado Ave

Sold
$3,970,000
Sold: 2026-08-18
Lot: 8,055
Sqft: 4050
$/Sqft: $980

2540 Howard Ave

Sold
$5,025,000
Sold: 2026-08-14
Lot: 6,643
Sqft: 4071
$/Sqft: $1,234

1 Lewis Ranch Rd

Sold
$6,250,000
Sold: 2026-03-27
Lot: 37,226
Sqft: 5640
$/Sqft: $1,108

10 Alderlee Way

Sold
$4,920,000
Sold: 2026-03-19
Lot: 14,876
Sqft: 4060
$/Sqft: $1,212

289 Kings Ct

Sold
$5,800,000
Sold: 2026-02-26
Lot: 26,088
Sqft: 5570
$/Sqft: $1,041