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ActiveSingle Family

$2,399,000

203 Sylvan Way, Redwood City 94062

Beds3
Baths2.5
Sqft2,650
DOM67
No Photos Available

Size check

The listing's square footage against the county assessor's record and the permits on file.

Listing
2,650 sqft
County record
2,650 sqft
Difference
+0 (+0%)

The listing and the county record agree within 10%.

What can explain a difference
  • Space built without a permit.
  • Permitted work the assessor has not recorded yet.
  • An ADU, a finished basement or a converted garage counted in one figure and not the other.
  • Different measuring. Listing agents and the assessor often measure the same house differently.
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AddressIntel AI Briefing

The optimal play is stealth density: primary + ADU + JADU to preserve the existing 1986 structure while maximizing total square footage. High fire hazard severity is a notable development blocker that will require enhanced exterior materials and mitigation. Strong local household wealth helps offset increased construction costs.

Property Permit History

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

Recent Neighborhood Remodeling (Redwood City)

2026-09-24 • 890 EDGEWOOD RD
FIRE BUILDING
--Issued
2026-09-24 • 816 SEAL POINTE DR
ALTERATIONS_RESIDENTIAL
--Issued
2026-09-24 • 767 MEDITERRANEAN LN
ALTERATIONS_RESIDENTIAL
--Issued
2026-09-24 • 200 LATHROP ST
CONSTRUCTION PERMITS
--Approved
2026-09-24 • 681 UPLAND RD
FIRE BUILDING
--Issued
2026-09-24 • 401 GRAND ST
CONSTRUCTION PERMITS
--Approved

Parcel & Zoning Info

APN057091020
Official Lot Sqft7,627
Zoning CodeRH, DR
SB 9 StatusLikely · up to 4 units
SB 9 Block Reasons No SB 9 disqualifiers found
Development Blockers
High Fire Zone
Unlock Pathways
Ministerial ADU Ministerial SB 9 Density Bonus
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score82/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage34.7%

Flag / irregular · ~108 ft frontage × 136 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

Motivation Score20/100
Low motivation
60+ days on market

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

X
Area of minimal flood hazard.

Fire Severity

High
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

Clifford Elementary

Redwood City Elementary

0.9 miles away
Middle School

John F. Kennedy Middle

Redwood City Elementary

2.1 miles away
High School

Canyon Oaks Youth Center

San Mateo County Office of Education

0.7 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

73/100

Based on recent sales velocity and local demand in 94062.

Flippability Score

50/100

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

Bidding War Prob.

27%

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): $1,271/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 4,000 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$2,200,000
New Build4,000 sqft
Total Capital Required$4,774,000
Estimated Resale (ARV)$5,340,000
Cost of Sale (5%)-$267,000
Carry (33mo @ 7%)-$690,401
Net Proceeds$4,382,599

Projected Profit

-$391,401
-8.2% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Redwood City 94062)

Sized to the modelled 4,000 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

40 Palomar Oaks Ln

Sold
$3,900,000
Sold: 2026-10-15
Lot: 20,151
Sqft: 4740
$/Sqft: $823

23 Woodsworth Ave

Sold
$4,395,000
Sold: 2026-10-08
Lot: 8,094
Sqft: 3391
$/Sqft: $1,296

239 Upland Rd

Sold
$4,350,000
Sold: 2026-09-25
Lot: 23,164
Sqft: 3435
$/Sqft: $1,266

341 Arlington Rd

Sold
$3,650,000
Sold: 2026-09-18
Lot: 7,661
Sqft: 3520
$/Sqft: $1,037

61 Myrtle St

Sold
$5,625,000
Sold: 2026-09-17
Lot: 9,100
Sqft: 3309
$/Sqft: $1,700

623 Upland Rd

Sold
$2,750,000
Sold: 2026-09-04
Lot: 9,307
Sqft: 3580
$/Sqft: $768

50 Kataoka Ct

Sold
$4,208,000
Sold: 2026-07-24
Lot: 14,921
Sqft: 3300
$/Sqft: $1,275

853 Vista Dr

Sold
$4,200,000
Sold: 2026-07-22
Lot: 7,648
Sqft: 3447
$/Sqft: $1,218

685 Upland Rd

Sold
$4,550,000
Sold: 2026-07-20
Lot: 10,222
Sqft: 3474
$/Sqft: $1,310

519 Lakemead Way

Sold
$4,030,000
Sold: 2026-07-16
Lot: 8,041
Sqft: 3149
$/Sqft: $1,280

313 Lakeview Way

Sold
$2,900,000
Sold: 2026-07-14
Lot: 23,734
Sqft: 3055
$/Sqft: $949

496 Summit Dr

Sold
$4,050,000
Sold: 2026-07-08
Lot: 17,162
Sqft: 3118
$/Sqft: $1,299