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59 Cove Ln, Redwood City, CA, 94065

2beds
2baths
1,240sqft
$949,905
$766price/sqft
$6,163/moest. monthly cost
$246,520/yrincome needed

About This Home

View, View, View!!! Welcome to Redwood City, CA. This corner unit condo has amazing views of Redwood Shores Lagoon. You will not be disappointed with this one. If you blink it will be SOLD. Two bedrooms, two bathrooms, and two private balconies allow this unit to receive tons of natural light. The community includes a community pool and a dedicated carport. Hop in the car and go see this one today before it is gone. Buyers check with City, County, Zoning, Tax, and other records to their satisfaction Buyers to inspect prior to bidding. AS-IS SALE property.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
74
BikeVery Bikeable

Schools

10/10
10/10
Carlmont High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 1983

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: See Remarks

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • All Bedrooms Down
  • Fireplace features: Living Room,See Remarks,Wood Burning
  • Fireplace: Yes
  • Common walls with other units/homes: 2+ Common Walls,End Unit

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,240 sqft

Property

Details

  • Parcel number: 111680070
  • Attached to another structure: Yes
  • Special condition: Auction

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: Community,Association
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 1,168 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Coastal Flooding
    Coastal FloodingModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Coastal Flooding

FEMA Declared Disasters in San Mateo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,803$57,636
Home Insurance *$67$804
Property Taxes $895$10,740
Electricity $398$4,786
Total$6,163$73,956
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$211,302/yr
40% on housing$184,890/yr
45% on housing$164,346/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$766This listing

vs Other Active Listings

Avg $/sqft

ZIP 94065$718
San Mateo County$915

vs Homes Sold Last Month

Median $/sqft

ZIP 94065$1,219
San Mateo County$1,106

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-12-10Sold$1,094,151
2021-04-12Sold$1,050,000
2021-03-04Listing removed--
2017-10-08Listing removed$3,300
2017-08-19Price change$3,300
2017-08-11Price change$3,350
2017-07-07Listed for rent$3,550

Unknown Listed By

AgentNEVEN SPRALJA
BrokerageREALHOME SERVICES & SOLUTIONS

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