San Carlos CA Real Estate & Land for Sale

Rare opportunity to acquire an approximately 18,154 Sq Ft residential lot in the desirable Devonshire Canyon area of San Carlos surrounded by multiple recently completed luxury new construction homes, including several $5M+ projects on Canyon Vista Way. Tucked within a secluded hillside setting with canyon and tree-lined views, the property offers a unique blend of privacy, natural surroundings, and upscale modern residential development nearby. Excellent opportunity for an owner-user, builder, or developer to explore a custom residential project. Utilities including public water, sewer, power, and fiber internet are believed to be available nearby. Conveniently located near downtown San Carlos, major commuter routes, and top-rated schools. Buyer to investigate and verify development potential, zoning, utilities, and buildability with the City of San Carlos and applicable agencies.

This is a medical office building that is leased to a major Vet chain through 12/31/2026. They are not renewing because they are consolidating to another much larger location. This building offers a broad array of permissible uses including residential. The Regional Housing Needs Assessment puts this land at 2 residential units. However, if redeveloped with an architect and the city with both city and new state pro-housing laws, a buyer could potentially get several stories and many units, TBD. Zoning: MU-N-50: Neighborhood Mix: retail, commercial, and office uses, as well as residential development of up to fifty (50) units per net acre. Permissible uses: Multi unit residential, family childcare small and large, Residential care - limited, community assembly(minor use permit), cultural (MUP), day care, instructional, schools (CUP), social service (CUP), pet grooming(*5), bank and financial services (mup), business services (9*), restaurant (cup), convenience store (cup), food prep, business and professional office, medical office (9*), personal service. Please speak with a city planner and an architect to confirm whether your use is permissible.

Two lots located in Devonshire Canyon. Currently in the County of San Mateo, adjacent to the border of land located inside the City of San Carlos boundary. Frontage on dual streets with access both from Devonshire Blvd and Oakley Ave. The single listing and sale encompasses two APN's in the one price.

An exceptional opportunity to build on one of San Carlos' more builder-friendly hillside parcels. Unlike many hillside lots that require stacked three-story designs and extensive excavation, this unique property offers a broad, level building area accessed by an existing paved driveway (outlined in red in the photos). The lot's rectangular configuration runs parallel to Madera, creating a wider building envelope rather than a narrow footprint that climbs the slope. This distinctive layout provides the potential for a more efficient two-story home with wider floor plans, improved functionality, and the opportunity to maximize the sweeping easterly and Bay views. The existing access and favorable topography can simplify site planning while reducing the challenges often associated with hillside construction. Ideally located just a few minutes from downtown San Carlos, the property offers the perfect balance of convenience, privacy, and a peaceful natural setting.