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Approved Plans! Build your vision in the wooded hills of Palomar Park. Located at 634 Palomar Drive in Redwood City, this approximately 18,295 sq. ft. residential lot offers an elevated hillside setting with mature trees and Bay and city-light views. The design is on the best part of the lot! Previous ownership commissioned conceptual architectural plans by M Designs Architects for an approximately 4,863 sq. ft., three-level contemporary residence designed around the site's natural grade, light and views. The concept includes a two-car garage, guest suite, open great room and kitchen, multiple outdoor decks and terraces, a primary suite, and three additional bedrooms. The property is situated near Edgewood Park & Natural Preserve, Pulgas Ridge Open Space Preserve, downtown Redwood City, San Carlos, I-280 and Caltrain, offering access to outdoor recreation, shopping, dining and Peninsula destinations. Previous planning efforts also included a professional geotechnical evaluation. Conceptual plans and available property information provide a starting point for exploring the site's potential. Buyer to independently investigate and verify development requirements with the appropriate professionals and governmental agencies.
Listing agent: Stephanie Nash DRE #01104524 steph@stephnash.com, Listing office: Compass
MLS data updated 10/31/2026, 5:01:56 AM PT
Source: CRMLS, MLS #: ML82065138
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 20, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,800,000Original asking price · Oct 20, 2026ZIP 94062 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.