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$2,899,000 Just Listed
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Property Description
**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.
Full Property Details
Full Property Details for 580-590 Chestnut St
General
- Price: $2,899,000
- Status: Active
- Type: Single Family
- Source: RE_Infolink
- MLS ID: ML82055159
- Updated: 7/22/2026
- Added to Site: Today
Interior
- Rooms/Areas: Artist Studio, Storage
- Fireplace(s): Wood-Burning
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Bathroom Features: Full on Ground Floor
Bedrooms
- Total Bedrooms: 7
- Bedroom Features: More than One Bedroom on Ground Floor
Other Rooms
- Family Room: No Family Room
- Laundry: In Garage, In Utility Room
- Guest Quarters: 1BD/1BA Studio
Additional Information
- Extras: Not Applicable
Parking
- Garage Spaces: 2
- Parking Features: Attached Garage
Location
- Area: Cordes Etc.
- County: San Mateo
- Cross Streets: San Carlos Ave
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Central Air (Forced Air)
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities, Solar Panels - Leased
Structural Information
- Construction: Detached
- Foundation: Concrete Perimeter and Slab
- Roof: Shingle
- Disability Access: Grab Bars, Wheelchair Access
- Square Feet: 4,800
- Year Built: 1946
Lot Features
- Minimum Lot Size: 5510
- Lot Size (Sq. Ft.): 5,510
- Grounds/Landscape: Back Yard, Balcony / Patio, Fenced
- Zoning: R-4
Listed by Compass, Bonafede Team
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Price & Sales History for 580-590 Chestnut St
Date
Details
Price
Change
Source
7/22/2026
Listed
$2,899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 580-590 Chestnut St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,336
1%
$1,037,433
2%
2024
$14,175
—
$1,017,092
2%
2024
$14,175
4%
$997,150
2%
2023
$13,661
2%
$977,599
2%
2022
$13,382
2%
$958,432
2%
2021
$13,161
1%
$939,640
1%
2020
$12,981
2%
$930,006
2%
2019
$12,716
3%
$911,771
2%
2018
$12,370
2%
$893,894
2%
2017
$12,177
2%
$876,367
2%
2016
$11,898
—
$859,184
2%
2015
$11,849
4%
$846,279
2%
2014
$11,446
1%
$829,702
—
2013
$11,297
—
$825,953
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 580-590 Chestnut St
580-590 Chestnut St, San Carlos, CA 94070 (MLS# ML82055159) is a Single Family property with 7 bedrooms and 5 full bathrooms. 580-590 Chestnut St is currently listed for $2,899,000 and was received on July 22, 2026. Want to learn more about 580-590 Chestnut St? Do you have questions about finding other Single Family real estate for sale in San Carlos? You can browse all San Carlos real estate or contact a Coldwell Banker agent to request more information.

