Listed 131 days ago · March 10, 2026 | MLS# ML82037979
$462/sqft -56% vs Redwood City avg
What this means: Priced below the Redwood City per-sqft average. Compare to recent sales below for context.
Est. $11,165/moP&I $9,080 · Tax $1,823 · Insurance $262 · HOA $0Assumes 20% down ($350,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Active listing in Redwood City, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
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0 Bed / 0 Bath / 3,783 sqft on 5,200 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $1.8M vs City Average $1.8M
$462/sqft compared to Redwood City avg $1,063/sqft (-56.5%).
Best fit forActive BuyersRedwood City SearchersMove-Up / Move-In
About This Home
Welcome to this spacious 3,783 square foot, approx. 3 Unit home located in the vibrant city of Redwood City. This property boasts 4 Br 3 Ba Versatile/flexible ground unit floorplan plus 2 x 2Br. Units with well designed kitchens complete with ample space for meal preparation and entertaining. The Property features comfortable room layouts providing private space for everyone; gives warmth to the living area. Spacious with Large Rooms, this multi-family home is designed to complement any life style. With 3 Garages and a Coin-Op Laundry benefiting everyone. Well Located and Conveniently near to Starbucks, Whole Foods, Sequoia Station Train and Bus, Downtown Restaurants and occasional Lively Entertainment at Courthouse Square! Additional amenities include forced air gas heaters, insuring comfort during the cooler months. Solar on the roof. And the separate 3 car garage features automatic garage doors. Live in one unit and enjoy the Benefit of monthly Rental Income from the other Units! Don't miss the opportunity to explore this Income Property in Redwood City, offering a blend of comfort, space, and practicality in a very Convenient Location. This is a good Producer and makes a Great Starter Investment!
MLS ID #ML82037979, Karl Dresden. Listing provided by Terrace Associates · MLSListings Inc.
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Property Details
Property Type
Triplex
Year Built
1969
Bedrooms
0
Bathrooms
0 Full
Living Area
3,783 sqft
Lot Size
5,200 sqft
Garage
3 Spaces
Price/sqft
$462
County
SanMateo
MLS Number
ML82037979
Status
Active
Stories
N/A
HOA
None
Interior Features
ForcedAir, Gas
Exterior & Lot
Mansard, Polyurethane Roof3-Car Garage0.12 Acres
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
217 Madison AVE, Redwood City, CA 94061 · SanMateo County
Market Context
Price Positioning
$Price context: Listed at $462/sqft vs Redwood City avg $1,063/sqft (56.5% below).
$Sale-to-list: Redwood City homes selling at 104.7% of asking.
⏲Velocity: City avg 23 days. This home: 131 days.
🏠Inventory:0 0-bedroom homes currently available in Redwood City.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
CentralParkEtc in Redwood City, California (94061) continues to attract significant buyer interest. 217 Madison AVE, a 0-bedroom home with 3,783 square feet of living space, is listed for $1,750,000. The surrounding market reflects strong demand for properties in this price segment.
0-Bedroom Homes for Sale in Redwood City 94061
Browse 0-bedroom home listings in the CentralParkEtc area of Redwood City. Properties in 94061 are currently averaging $1,063 per square foot with 23 days on market.
What to Expect When Buying in CentralParkEtc
The CentralParkEtc market in Redwood City features a mix of home properties ranging from starter homes to luxury estates. Current inventory levels suggest active conditions for buyers in this area.
Listed at $1,750,000 ($462/sqft). Redwood City avg is $1,063/sqft, placing this 56.5% below. Comparable recent sales help frame the value.
Listed 131 days (as of March 10, 2026). Redwood City average is 23 days.
Est. $11,165/mo with 20% down ($350,000) at 6.75%. Includes principal & interest ($9,080), property tax ($1,823), and insurance ($262). HOA: None. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 94 active listings in Redwood City (0 are 0-bedroom). At $1,750,000 this is positioned against the city average of $1,822,515. Similar homes have sold at 104.7% of asking.
0-bedroom homes in Redwood City (94061) are currently averaging $1,063 per square foot. Market activity shows homes spending an average of 23 days on market in this area.
217 Madison AVE in Redwood City is currently listed at $1,750,000. This 0-bedroom, 0-bathroom home is located in the CentralParkEtc area.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of Jul 19, 2026 12:00 PM PT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.
Last updated: Jul 19, 2026 12:00 PM PT | Source: MLSListings Inc.
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