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ActiveSingle Family

$3,888,000

934 Wilmington Way, Emerald Hills 94062

Beds4
Baths3.5
Sqft3,280
DOM6
No Photos Available

AddressIntel AI Briefing

The optimal play is a teardown-and-mansionize development to capture the massive $12M+ ARV ceiling. The property offers an exceptionally low 14% lot coverage on a massive 23,017 sqft lot with zero development blockers. High local demographics support a premium luxury build despite moderate fire hazards.

Property Permit History

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

Recent Neighborhood Remodeling (Emerald Hills)

Parcel & Zoning Info

APN068213170
Official Lot Sqft23,017
Zoning CodeRH, DR
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 Coverage14.3%

Flag / irregular · ~202 ft frontage × 202 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.

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. 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

Elementary School

Roy Cloud Elementary

Redwood City Elementary

0.6 miles away
Middle School

John F. Kennedy Middle

Redwood City Elementary

1.5 miles away
High School

Canyon Oaks Youth Center

San Mateo County Office of Education

1.7 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

70/100

Based on recent sales velocity and local demand in 94062.

Flippability Score

60/100

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

Bidding War Prob.

26%

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 3 recent single-family sales in Emerald Hills (94062): $1,112/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 50% of the 4,900 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.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$2,695,000
New Build4,900 sqft
Total Capital Required$6,758,000
Estimated Resale (ARV)$5,723,200
Cost of Sale (5%)-$286,160
Carry (33mo @ 7%)-$1,024,678
Net Proceeds$4,412,363

Projected Profit

-$2,345,638
-34.7% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Emerald Hills 94062)

Sized to the modelled 4,900 sqft build: sales within 50% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

717 Hillcrest Way

Sold
$4,900,000
Sold: 2026-07-07
Lot: 7,854
Sqft: 2765
$/Sqft: $1,772

904 Wilmington Way

Sold
$4,375,000
Sold: 2025-07-10
Lot: 12,023
Sqft: 3934
$/Sqft: $1,112

3669 Oak Knoll Dr

Sold
$1,795,000
Sold: 2025-06-24
Lot: 7,800
Sqft: 2500
$/Sqft: $718