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Listed by Compass, Bonafede Team, Listing Contact: 831.210.0953
7 Beds
5 Baths
4,800 sqft

$2,899,000

580-590 Chestnut ST, San Carlos CA, 94070

Price per sqft$603.96
Built in1946
Property size4,800 sqft
Property typeResidential

Overview

Active

Listed Jul 22, 2026

Updated Jul 25

**APPOINTMENT ONLY - PLEASE DO NOT DISTURB OCCUPANTS** Exceptional investor/development opportunity in the heart of San Carlos! Set on a prime corner lot this property presents a rare two-address configuration on one parcel. Featuring a 6BD/4BA main house at 590 Chestnut with a separate 1BD/1BA apartment at 580 Chestnut. Currently operating as an assisted care facility, the property offers immediate functional use with long-term potential for an investor, developer, or owner-user seeking a flexible asset in a highly desirable location. Just moments from vibrant downtown San Carlos, Laurel St. shops and restaurants, Caltrain, and Sequoia Hospital. The property also enjoys convenient access to a variety of community amenities, including the San Carlos Adult Community Center, City Hall, the San Carlos Library, Police Department, Burton Park, the San Carlos Dog Park, and the San Carlos Youth Center, all within approximately a five-minute walk. A rare chance to acquire a flexible property in a coveted San Carlos setting.

$19,287/mo

Est. mortgage payment based on a $2,899,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82055159

Interior Features

Bedrooms
7
Bathrooms
5
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Compass, Bonafede Team DRE:70010038,
Listing Contact: 831.210.0953 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Joyce & Tatum | CA DRE# 01364654 - CA DRE# 01365617 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Joyce & Tatum | CA DRE# 01364654 - CA DRE# 01365617 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

Data Services by Constellation Data Labs. ©2026 MLS Listings, Inc. All rights reserved. 2026

Data last updated 4:15 AM UTC, 7/25/2026

 

 

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