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Redwood City, CA

$1,299,000

3923 Lakemead Way, Redwood City, CA
0
Baths
111
Days listed

About this home

(Updated 06/29/2026: Price Drop) Exceptional development opportunity in a highly desirable luxury neighborhood surrounded by established high-end homes. The vacant lot is offered with pending permitted plans for a main residence plus detached ADU totaling nearly 3000 sq ft of living space. Plans provide a strong foundation for a luxury new construction project with flexible design potential. Ideal for builders, developers, or buyers seeking to construct a custom residence. Buyers have a head start since the planning process is completed and permits are about to be approved. Rare opportunity to secure a build-ready lot in a premium location with strong luxury demand.

Facts & features

Interior
Bathrooms
0
Exterior & lot
Lot size
0.174 acres (7,558 sq ft)
Community
Area
699 - Not Defined
County
San Mateo
Listing details
Status
Active
Property type
Land
Days on market
111
Listed
2026-03-10
Original price
$1,450,000
Parcel #
057264160
MLS #
ML82038043
Listed by
Joel Leon · Channel Real Estate Inc
650-291-3890jwl2010@gmail.comDRE #01474547

Price history

Listed
$1,450,000 · 2026-03-10
Price reduced
$1,299,000 (−$151,000)
Days on market
111
Current price
$1,299,000
Financing

Could this home be yours?

Estimated monthly payment
$8,149
$6,568 principal & interest · $1,580 taxes & insurance
$259,800
Estimate only
Loan $1,039,200

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Listing data provided by CRMLS

Listing courtesy of Channel Real Estate Inc. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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