416 Quartz Street

It is not every day you find a flat lot over 10,000 square feet in Redwood City. In spring 2024 this 1924 home came to market as a 3 bed, 2 bath, approximately 1,820 square foot house with the original pink carpet still in place. The house was dated, but the lot, the location minutes from downtown and Caltrain, and the R10000 zoning made it a once in a while opportunity.

I brought it to a group of investor clients I work with, and we won it with creative terms and hyper local market insight. We closed on June 21, 2024 at $1,720,000, and the plan from day one was a full rebuild rather than a cosmetic flip.

The MLS listing described it as rarely available, an extra large 10,000 square foot lot with great views, and a diamond in the rough. That was exactly the point. The value was in the land and in what could be built on it, and my clients could see the possibilities. Sometimes the best deals are the ones you pass along to the right people, the ones who can visualize what a property can become.

On the one year anniversary of the purchase, in June 2025, I shared the progress: the approximately 1,800 square foot house was being transformed into more than 2,800 square feet of modern living space, and based on the comparable sales in the neighborhood, my clients were set up for an incredible investment.

By late 2025 the exterior was nearly finished and I began teasing the project as coming soon to Redwood City for 2026. Before launch, I met on site with several of the contractors to finalize the last items and get Redwood City's newest built single family home ready for the market.

• Spring 2024Listed as a 3 bed, 2 bath original 1924 cottage on a 10,000 sq ft lot
• June 21, 2024Closed at $1,720,000 for my investor clients
• Summer 2024 to Spring 2026Permitted down to the studs rebuild, lower level excavation and full systems replacement
• June 2025One year after the purchase, the 1,800 sq ft house was on its way to 2,800 plus sq ft of new living space
• Late 2025Coming soon teaser went out while the exterior was being finished
• 2026, before launchFinal on site check in with the contractors to wrap up the last items
• June 2026Launched to market as a 4 bed, 3.5 bath, approx. 2,901 sq ft home with finalized permits and a full disclosure package ready on day one
• Sept 24, 2026Closed at $3,800,000 after 75 days on market, MLS ML82057602. I represented both the sellers and the buyers

One year after the purchase: the approx. 1,800 sq ft house was already becoming approx. 2,800 plus sq ft of new living space.

The property at purchase

Built

1924

Lot

Approx. 10,000 sq ft, flat

Zoning

R10000

Size

Approx. 1,820 sq ft

Beds and baths

3 bed, 2 bath

Closed

June 21, 2024

Price

$1,720,000

From my before and after book: the original 1924 cottage from above, as we bought it.

416 Quartz launched in June 2026 and closed on September 24, 2026 at $3,800,000 after 75 days on market, with me representing both my investor clients on the sale and the buyers who now call it home.

The launch was built around what made this house different: it was completely reimagined from the floor up, basically a new home, with nearly every component brand new and fully permitted. Buyers saw new structural framing and shear walls, a new roof, windows, electrical panels, multi zone central HVAC, upgraded plumbing and new insulation; newly excavated lower level living quarters suited to multi generational living, guests or a home office; a gourmet kitchen with a Cristallo marble island and counters; remodeled baths with stone counters and an oversized tub in the primary; and new stucco, decks, railings and paver walkways outside. Permits, plans and inspection records were ready for every buyer who asked.

We marketed the location as much as the house: minutes to downtown Redwood City, Caltrain, Highway 101, parks and Silicon Valley employers. I held open houses through the summer, including a weekend open from 2 to 4 pm right before we began taking offers. When the right buyers stepped forward, I represented them alongside my seller clients all the way through escrow to the September close.

From a $1,720,000 purchase to a $3,800,000 sale in just over two years, the project turned an approximately 1,820 square foot 1924 cottage into an approximately 2,901 square foot, 4 bedroom, 3.5 bath home that delivered the quality of new construction while keeping the character and established setting of its neighborhood.

By the numbers: a 3 bed, 2 bath, approximately 1,820 square foot cottage became a 4 bed, 3.5 bath, approximately 2,901 square foot home on the same 10,000 square foot R10000 lot. The finished house offered a ground floor bedroom, more than one primary suite, a walk in closet, a kitchen and family room combination, a fireplace insert in the living room, laundry in the 2 car garage with Level 2 EV charging, and room for an oversized vehicle. The sale price came in $2,080,000 above the June 2024 purchase price, about 27 months from purchase to close.

The lesson is the same one I share with every investor and every seller: the best deals go to the people who can see the possibilities, and who you work with truly matters.

Congratulations to my buyers and seller. It was an honor to represent you both.