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Investment Highlights
- Land site offered with no active entitlements currently in place.
- Frontage along El Camino Real with strong regional visibility.
- Convenient access to Highway 101, Interstate 280, and Woodside Road.
- Located on the Redwood City and Atherton border.
- Prior residential development approvals provide planning reference.
- Near Redwood City, Menlo Park, Palo Alto, and major employment centers.
Executive Summary
The property has previously received entitlements for a mixed-income residential development consisting of 20 market-rate condominium units, this approval expired, the current owner received approval for 51 low-income senior housing units, encompassing approximately 49,000 square feet of buildable area with a proposed building height of 64 feet. While the property is being offered as-is with no active entitlements currently in place, the seller is open to including the prior approved renderings and supporting entitlement work if requested by the buyer, offering a potential head start on the approval process and a meaningful reduction in pre-development timeline and risk.
Beyond its development potential, the site benefits from an exceptional location at the convergence of some of the Peninsula’s most desirable communities. Redwood City, Menlo Park, and Palo Alto all lie within short proximity, giving future residents immediate access to a deep and diverse base of retail, dining, and employment opportunities, including proximity to major tech employers and downtown commercial corridors. This positioning makes the site especially well-suited to a residential or mixed-income project targeting the strong and sustained demand for housing near jobs. Transportation access further strengthens the site’s appeal. El Camino
Real offers active public bus service running four times per hour directly in front of the property, providing excellent transit connectivity for future residents. In addition, the site offers quick access to Woodside Road as well as both Highway 280 and Highway 101, placing the entire Peninsula and greater Bay Area within easy reach for commuters traveling north to San Francisco or south toward Silicon Valley. Altogether, 2809 El Camino Real represents a compelling opportunity for developers seeking a well-located, transit-served site with a proven entitlement path in a jurisdiction and market defined by chronic housing undersupply. Its combination of prior approvals, prime Peninsula location, and multi-modal access positions this property as an attractive candidate for residential or senior housing redevelopment, with the flexibility to move forward with the seller’s prior plans or pursue a new vision suited to current market conditions.
Property Facts
1 Lot Available
Lot
| Price | $3,750,000 | Lot Size | 0.37 AC |
| Price Per AC | $10,135,135.14 |
| Price | $3,750,000 |
| Price Per AC | $10,135,135.14 |
| Lot Size | 0.37 AC |
Flat lot, corner of El Camino Real and Dumbarton Street, located in the county of San Mateo, adjacent to Atherton.
Description
2809 El Camino Real is a 14,297-square-foot land parcel located in Redwood City, California, near the Atherton border. The property is offered without active entitlements. Previous approvals included a 20-unit mixed-income condominium project and a proposal for 51 low-income senior housing units with approximately 49,000 square feet of buildable area and a proposed building height of 64 feet. The site is situated along El Camino Real with access to Woodside Road, U.S. Highway 101, Interstate 280, public bus service, and the Redwood City Caltrain station.
Contact the Sale Advisor
2809 S El Camino Real



