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3724 Laurel Way, Redwood City, CA, 94062

5beds
6baths
3,636sqft
$5,748,000
$1,581price/sqft
$35,822/moest. monthly cost
$1,432,880/yrincome needed

About This Home

Picture yourself living here where every level opens up to breathtaking views and indoor/outdoor living feels effortless. This new construction home features a stunning glass elevator and wraparound floating stairs that make every part of the home easy to access. From the moment you arrive, the front exterior turns heads with large-scale bronze tile and clear cedar paneling. Step over a calming water feature, then through a pivot swing entry door, and you're instantly welcomed into something special. The entry level is made for entertaining, with a sports-bar style entertainment area and spacious patio deck overlooking the valley and the bay. Just imagine evenings on the deck, watching the sunset. A spiral staircase then takes you to the rooftop deck, complete with lounging seating and a fire pit a perfect place to relax and enjoy the scenery. Inside, the open kitchen is designed to impress, featuring black glass cabinetry and a waterfall island that flows directly into a generous dining and living space. Downstairs, the bottom level elevates the experience with a recreation area and additional bedrooms that open to beautifully landscaped lawns and your own private nature retreat. Throughout the home, no detail is overlooked; this is the kind of house you don't just see you feel.

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

9/10
8/10
Woodside High SchoolGrades 9-122.0 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Pillar/Post/Pier,Slab
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Electric Oven/Range,Refrigerator,Wine Refrigerator
  • Laundry features: Inside,In Utility Room

Bathroom

  • Features: DoubleSinks, DualFlushToilet, Granite, OversizedTub

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Dining Room

  • Features: DiningFamilyCombo, EatinKitchen

Family Room

  • Features: KitchenFamilyRoomCombo

Features

  • High Ceilings,Wet Bar,Walk-In Closet(s)
  • Flooring: Marble,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Family Room

Heating & Cooling

  • Heating features: Central Forced Air Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,636
  • Total interior livable area: 3,636 sqft

Kitchen

  • Features: Countertop_Granite, Island, Pantry

Property

Details

  • Parcel number: 057301230
  • Zoning: R10015
  • Special condition: Standard

Features

  • Patio & porch: Balcony/Patio,Deck
  • Exterior features: Back Yard,Barbecue
  • Has view: Yes
  • View description: Bay,Valley
  • Has water view: Yes
  • Water view: Bay

Lot

  • Lot size: 8,259 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Inland 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 $29,065$348,780
Home Insurance *$672$8,064
Property Taxes $5,306$63,672
Electricity $779$9,356
Total$35,822$429,864
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,228,182/yr
40% on housing$1,074,660/yr
45% on housing$955,253/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

$1,581This listing

vs Other Active Listings

Avg $/sqft

ZIP 94062$1,402
San Mateo County$914

vs Homes Sold Last Month

Median $/sqft

ZIP 94062$1,231
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
2026-07-27Listed for sale$5,748,000
2023-12-13Sold$1,297,000
2016-01-21Sold$639,000
2015-12-21Pending sale$639,000
2015-12-12Listed for sale$639,000
2012-07-27Sold$305,000
2012-01-05Listed for sale$420,000
2010-06-16Listing removed$439,000
2010-04-30Listed for sale$439,000
2009-10-29Listing removed$485,000
2009-05-27Listed for sale$485,000
2002-04-15Sold$275,000
2002-01-11Sold$145,000

New Construction

AgentMarybeth Dorst
BrokerageCompass

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