Despite the average sales price of a home in Clearfield Park nearly doubling since 2012, it remains San Carlos’ most affordable neighborhood – located between El Camino and Highway 101. Also known as “the Murphy Tract”, after the builder who developed most of the area in 1948, it is generally comprised of smaller 2-3 bedroom homes in the low-mid 1,000 S/F range (though some have since been expanded). It is walking distance from the Caltrain Station and Laurel Street, with easy access to highway 101. Clearfield doesn’t quite share the prestige of the San Carlos neighborhoods to the west of El Camino, but it does benefit from the city’s coveted school system. It is served by Brittan Acres Elementary to the south, Arundel Elementary to the north, and Central Middle – all highly regarded schools.
Though the neighborhood was hit hard during the recession, its resilience has been remarkable. We were the first to break the $1,000,000 mark in the neighborhood, with a property we sold on McCue Avenue in early 2014, and in 2015 we sold a home on Hall Street for $1,225,000, marking the highest sale in the area outside of Bayport Court (a cul-de-sac comprised mostly of newer 2-story homes) – not bad for a neighborhood where just 4 years ago the average sales price was just $551,338. It will be interesting to watch Clearfield Park continue to grow over the next few years. The much anticipated San Carlos Transit Village – a mixed use development to be built around the Caltrain Station – will assuredly have an impact on price growth, as will the high school that the Sequoia Union HSD plans to build nearby on Industrial.