New Construction - Eco Friendly
Listed By:
Jimmy Castellanos with Marcus & Millichap - 408-483-5040
Address
1460 Kentfield Ave, Redwood City, CA
Price
$ 5,400,000
Property Attributes
  • ID#ML82058820
  • TypeSingle Family
  • Listing Status Active
  • CountySAN MATEO
  • CityRedwood City
  • AreaCentral Park Etc.
  • Zip94061
  • StyleFarm House,Luxury
  • Year Built2024
  • Price$ 5,400,000
  • Bedrooms12
  • Full Bathrooms10
  • Half Bathrooms2
  • Sqr Footage5892
  • Lot Size0.2566 Acres
Data Source:
MLSListings Inc.
Property Description

NEWLY CONSTRUCTED MULT-UNIT PROPERTY // Twelve Total Bedrooms, Complemented by 10 Full Bathrooms and Two Half Baths // Fully Paid Solar Panels Included & Transfer with Property. 1460 Kentfield Avenue (The Grove on Kentfield) presents a rare opportunity to acquire a best-in-class, newly constructed four-unit multifamily asset completed in November 2024. The property combines thoughtful design, high-quality construction, and strong in-place income, offering investors a generational asset with minimal maintenance and lasting tenant appeal. Comprised of two buildings totaling approximately 5,892 square feet, the community features an excellent unit mix of two spacious 4-bedroom / 3.5-bath townhome-style residences and two 2-bedroom / 2-bath single-story units. The property generates nearly $30,000 per month in gross rental income, with meaningful upside potential as rents continue to rise amid a constrained new construction pipeline in the area. This investment is ideally positioned for an owner-user, multigenerational family compound, and/or investment property, offering a strong current return of nearly 5.00% based on existing rents.

Price History
8/24/2026 Listed $5,400,000

General Features

Heating Central Forced Air,Electric
Cooling Ceiling Fan,Central AC
Utilities Individual Electric Meters
Roof Shingle,Composition
Water Individual Water Meter
Number of Garage Spaces 4
Architectural Style Farm House,Luxury
Construction Materials Wood Frame
Energy Features Solar Heating,Energy Star HVAC,Double Pane Windows
Year Built 2024
Age 2
Property Subtype Single Family Home
ConstructionStatus Completed
City Limits (Y/N) Yes
Zoning Text R2
Amenities Misc. Security Gate
Building Type Detached
Incorporated Y/N Yes
Accessibility None
County San Mateo
Property Type Residential
Full Baths 10
Special Listing Conditions Not Applicable
Status Active
City Redwood City
MLS Area Central Park Etc.
Lot Size Units Square Feet
Listing Agent State License 02024152
Co-Listing Agent State License # 70010227
Co-Listing Agent Last Name Costantini Team

Interior Features

Kitchen Dishwasher,Hood Over Range,Microwave,Cooktop - Electric,Refrigerator,Oven - Electric
Flooring Hardwood
Family Room Kitchen / Family Room Combo
Dining Room Dining Area
Bathroom Double Sinks,Half on Ground Floor,Stone,Tile,Tub
Living SqFt 5892
Half Baths 2
Laundry Features Washer / Dryer
Total Bedrooms 12

Exterior Features

Parking Features Attached Garage
Horse Property No
Parking Spaces 4
Lot Size Area 11179.00
Maximum Lot Size 11179.00
Yard/Grounds Back Yard,Fenced,Sprinklers - Auto
Sewer/Septic Sewer - Public
Foundation Details Concrete Perimeter,Crawl Space
Building Area Total 5892
Lot Acres 0.2566

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 94061

Price
AVG $2.34M
$5.4M
Year Built
AVG 1960
2024
Visits
AVG 45
10
Data Provided by Inside Real Estate®

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