One of the last opportunities in San Carlos to own a piece of the past. This property has been in the family since 1931. Rare 20,000+ sq ft lot made up of two parcels, 100 x 100 each already subdivided. Potentially build two houses or a mini estate! Currently the main house is a two bedroom, two bath with an eat-in kitchen, spacious living room with dining area and wood burning fireplace and an attached 2 car garage. The cottage is a one bedroom, one bath in completely original 1931 condition boasting character and charm! Conveniently located minutes away from the vibrant downtown restaurants and shops, award winning schools, parks and close proximity to commute routes. * Buyers to verify what can be done with this property. Property includes APN 051-143-240.
Single-familyProperty Type
2022Year Built
0.25 acresLot Size
$3,977Est. Price/Sq.Ft.
2 car garageParking
Listed by John Shroyer•DRE #00613370• Golden Gate Sotheby's International Realty
Bought with John Shroyer•DRE #00613370• Golden Gate Sotheby's International Realty
Source:MLSListings #ML81741935
Redfin Estimate
$4,215,496
$585K since sold in June 2022$22K since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 17.6% lower than the average sale price ($5.12M) of 6 comparable homes.
One of the last opportunities in San Carlos to own a piece of the past. This property has been in the family since 1931. Rare 20,000+ sq ft lot made up of two parcels, 100 x 100 each already subdivided. Potentially build two houses or a mini estate! Currently the main house is a two bedroom, two bath with an eat-in kitchen, spacious living room with dining area and wood burning fireplace and an attached 2 car garage. The cottage is a one bedroom, one bath in completely original 1931 condition boasting character and charm! Conveniently located minutes away from the vibrant downtown restaurants and shops, award winning schools, parks and close proximity to commute routes. * Buyers to verify what can be done with this property. Property includes APN 051-143-240.
Year
Property tax
Land + Additions
Assessment*
2025
$50,610 (+7.0%)
$2,938,000 + $1,539,000
$4,477,000
2024
$47,304 (+6.2%)
$2,938,000 + $1,539,000
$4,477,000
2023
$44,526 (+29.7%)
$3,277,260 + $1,716,660
$4,993,920
2022
$34,338 (+59.4%)
$2,270,000 + $1,600,000
$3,870,000
2021
$21,546 (+1.6%)
$1,718,676 + $1,320,000
$3,038,676
2020
$21,217 (+0.8%)
$1,684,977 + $154,585
$1,839,562
2019
$21,044 (+694.2%)
$1,667,700 + $153,000
$1,820,700
2018
$2,650 (+2.8%)
$56,019 + $82,396
$138,415
2017
$2,577 (+3.5%)
$53,845 + $79,198
$133,043
2016
$2,490 (+2.1%)
$53,845 + $79,198
$133,043
2015
$2,438 (+5.2%)
$52,790 + $77,646
$130,436
2014
$2,318 (+18.9%)
$50,980 + $74,982
$125,962
2012
$1,949 (+3.3%)
$50,750 + $74,644
$125,394
2011
$1,888 (+3.0%)
$49,755 + $73,181
$122,936
2010
$1,832 (+1.9%)
$48,780 + $71,747
$120,527
2009
$1,798 (+3.6%)
$48,416 + $71,211
$119,627
2008
$1,736
$48,532 + $71,381
$119,913
Tax history for 331 Ridge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$50,610 (+7.0%)
$2,938,000 + $1,539,000
$4,477,000
2024
$47,304 (+6.2%)
$2,938,000 + $1,539,000
$4,477,000
2023
$44,526 (+29.7%)
$3,277,260 + $1,716,660
$4,993,920
2022
$34,338 (+59.4%)
$2,270,000 + $1,600,000
$3,870,000
2021
$21,546 (+1.6%)
$1,718,676 + $1,320,000
$3,038,676
2020
$21,217 (+0.8%)
$1,684,977 + $154,585
$1,839,562
2019
$21,044 (+694.2%)
$1,667,700 + $153,000
$1,820,700
2018
$2,650 (+2.8%)
$56,019 + $82,396
$138,415
2017
$2,577 (+3.5%)
$53,845 + $79,198
$133,043
2016
$2,490 (+2.1%)
$53,845 + $79,198
$133,043
2015
$2,438 (+5.2%)
$52,790 + $77,646
$130,436
2014
$2,318 (+18.9%)
$50,980 + $74,982
$125,962
2012
$1,949 (+3.3%)
$50,750 + $74,644
$125,394
2011
$1,888 (+3.0%)
$49,755 + $73,181
$122,936
2010
$1,832 (+1.9%)
$48,780 + $71,747
$120,527
2009
$1,798 (+3.6%)
$48,416 + $71,211
$119,627
2008
$1,736
$48,532 + $71,381
$119,913
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RS-6
Residential Single-Family District
This district is intended for residential densities up to 6 units per net acre. Development types may include single-unit housing, accessory dwelling units, second single-units pursuant to Government Code Sections 65852.21 and 66411.7 (urban infill units), duplexes, townhomes, and small lot subdivisions. This district also allows for uses such as small and large family child care, park and recreation facilities, and civic and institutional uses such as schools and places for community assembly that may be appropriate in a single-family residential neighborhood.
Permitted uses
Include but are not limited to:
Garden center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Recreation
Park & open space
Property details
Interior
Basement Information
Basement Sq. Ft: 477
Basement Type: Unfinished
Bathroom Information
# of Full Baths: 4
# of 1/2 Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Central
Fireplace Information
# of Fireplaces: 2
Has Fireplace
Room Information
# of Rooms: 9
Exterior
Exterior Information
Construction Type: Wood/Steel
Building Construction Quality: Good
Building Type: Building
Property Information
Subdivision Name: REDWOOD HEIGHTS QUARTER ACRES
Living Sq. Ft: 3,613
Gross Sq. Ft: 2,513
Ground Floor Sq. Ft: 1,748
Building Sq. Ft: 4,090
# of Stories: 2
Legal Description: LOT 12 REDWOOD HEIGHTS QUARTER ACRES RSM 10/20 CITY OF SAN CARLOS
Parking & Garage Information
# of Parking Spaces: 2
Lot Information
# of Buildings: 1
Land Sq. Ft: 10,890
Legal Lot Number: 12
Acres: 0.25
Depth Footage: 109
Front Footage: 100
Zoning Code: R10006
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,060
Stories: 2.0
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 0.25 acres
Style: Single Family Residential
Year Built: 2022
Year Renovated: 2022
County: San Mateo County
APN: 051143120
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Mar 18, 2024
Around this home
Schools
Clifford Elementary School
Public K-8 • Assigned • 0.4mi
7/10
Sequoia High School
Public 9-12 • Assigned • 1.3mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
San Carlos remains a favorite for buyers looking for a strong sense of community and top-rated schools. With just half a month of inventory in June, desirable homes are still generating plenty of competition.