San Mateo County, CA -- A Peninsula That Didn't Exist Before 1961

Redwood ShoresBuilt From Salt Ponds, Held Together by Levees, Threaded With 19 Miles of Engineered Water

Redwood Shores is not a neighborhood that grew up around a natural shoreline -- it is a peninsula that a company built. From 1928 into the late 1950s, the Leslie Salt Company harvested salt from evaporation ponds covering the site, part of a much larger network of Bay salt ponds; in the early 1960s, with the salt operation winding down, Leslie's real estate arm designated roughly 1,400 acres of that former pond-and-marsh land for housing, filling it with dredged bay mud and engineered fill to lift it above the tideline. The project ran into real trouble almost immediately: as the first homes went up, the Federal Housing Administration suspended loan guarantees over documented concerns that fill this close to both the San Andreas and Hayward faults could liquefy in a major earthquake -- a fight that delayed financing and forced design changes before construction could fully resume. The original master plan called for 60,000 residents; the built-out community today, annexed into Redwood City in 1959 ahead of its own development, holds a small fraction of that. What did get built is genuinely unusual: roughly 19 miles of navigable, engineered lagoon threaded through the residential grid, where gas engines are banned and most homes back directly onto still water instead of a street; Oracle Corporation's six-tower "Emerald City" campus, built on the former site of the Marine World theme park and the company's headquarters from 1989 to 2020; and a flood-control system substantial enough that in February 2026 the Redwood City Council approved a roughly $200 million project to reconnect, raise, and reinforce the levees protecting an estimated $8 billion in property behind them. This page treats the engineered origin of the ground itself -- not a generic Bay Area wildfire-and-earthquake disclaimer -- as the central fact a buyer needs to understand before anything else about Redwood Shores.

Origin
Former Leslie Salt Company evaporation ponds and Bay tidelands, filled and diked for development starting in the early 1960s; the FHA briefly suspended home-loan guarantees here over liquefaction concerns as construction began
Population
Roughly 11,500 to 12,800 residents depending on source and exact boundary used (ZIP 94065 vs. the RSOA-governed footprint); original 1960s master plan envisioned 60,000 and was never reached
Price Point
Sources disagree: aggregator estimates put median home value around $1.85M-$1.87M, while a 2025 realtor-sourced snapshot cited a $2.3M median sale price across a very thin market (just seven single-family sales that year out of roughly 2,200 homes) -- treat both as directional
Setting
A levee-ringed peninsula bounded by Belmont Slough to the north, San Francisco Bay to the east, Steinberger Slough to the south, and US 101 to the west, laced internally with roughly 19 miles of engineered, gas-engine-free lagoons
At a glance — the numbers agents don't quote
FEMA Told the City Its Levees Didn't Qualify -- Twice Now
In April 2020, FEMA notified Redwood City that the Redwood Shores levee system no longer met federal accreditation standards, warning that roughly 4,700 households would be remapped into a Special Flood Hazard Area -- triggering mandatory flood insurance for anyone with a federally backed mortgage -- unless the levees were upgraded. That single notice is arguably the most consequential fact in this entire market for a buyer's carrying costs.
This isn't a hypothetical coastal flood-zone disclosure -- it's a specific, dated federal accreditation failure with a specific household count attached. See the Flood Zones and Coastal Insurance pages for what the City and OneShoreline have done about it since.
No Named Storms -- the Real Exposure Is Underneath the Foundation
Redwood Shores has no hurricane season to plan around; the California Current keeps the adjacent Pacific too cold to ever spin up a tropical cyclone this far north, a matter of ocean temperature rather than luck. What replaces that risk is engineering, not weather: USGS liquefaction hazard mapping for the nine-county Bay Area flags artificial fill over former bay mud -- exactly what this entire community sits on -- as the highest-susceptibility category in the region.
This page keeps the 'windstorm' label for sitewide consistency, but the honest headline here is seismic and geotechnical, not meteorological. See the Hurricane & Storm Risk page for the full liquefaction picture, and the Property Tax and Real Cost pages for how earthquake insurance factors into ownership cost.
No Beach to Erode -- BCDC Governs Every Foot of Shoreline
There is no ocean-facing sand here to renourish. Every foot of Redwood Shores' Bay-facing edge and its internal lagoon shoreline falls under either the San Francisco Bay Conservation and Development Commission (BCDC) or, for the levee system specifically, the newer regional agency OneShoreline -- meaning shoreline work is a permitting exercise, not a sand-trucking one.
See the Dock & Pier Guide and Waterway Living pages for what BCDC and OneShoreline jurisdiction actually means for a homeowner wanting to modify a lagoon-front bulkhead or dock.
A $200 Million Levee Project, Approved February 2026
OneShoreline (the San Mateo County Flood and Sea Level Rise Resiliency District, formed 2019) and the City of Redwood City jointly advanced the Redwood Shores Sea Level Rise Protection Project; in February 2026 the City Council approved connecting the community's levee segments into one continuous system, raising it roughly 3.5 feet, and reinforcing about 7 miles of shoreline, protecting infrastructure that reportedly includes San Carlos Airport, a SamTrans bus yard, a regional wastewater treatment plant, a fire station, and two schools, alongside private homes.
This is a real, funded, dated civic project -- not a vague sea-level-rise talking point -- partly financed by a FEMA Hazard Mitigation Grant requiring 60% design completion by July 2026. See the Storm Prep Costs and Flood Zones pages for what the project timeline means for a current owner or buyer.

What Actually Makes Redwood Shores Different

Most waterfront communities this site covers grew up next to water that was already there. Redwood Shores is the rarer case: the water and the land arrived together, built by the same company in the same decades. The Leslie Salt Company had harvested salt from evaporation ponds on this peninsula since 1928; when that operation stopped penciling out economically in the late 1950s, Leslie's real estate division -- pursuing the same fill-and-develop strategy it used at neighboring Foster City -- designated roughly 1,400 acres of former pond and marsh for housing and began filling it with dredged bay mud starting in the early 1960s. That history is not incidental color; it is the reason almost every other fact on this page reads differently here than it would in a market built on natural high ground. The filled ground drew immediate scrutiny: as the earliest homes were under construction, the Federal Housing Administration suspended mortgage loan guarantees for the project, citing documented concern that engineered fill this close to both the San Andreas and Hayward faults could liquefy during a significant earthquake. That dispute delayed the project and forced design and financing changes before homebuilding could fully resume -- a genuinely unusual origin story for a now-affluent Bay Area address, and one worth understanding fully before treating Redwood Shores as interchangeable with a hillside or bedrock-founded neighborhood nearby.

The community's defining physical feature is its internal water. Roughly 19 miles of navigable lagoon -- more than 200 acres of engineered waterway -- were cut into the fill as the development was built, and gas-powered boats are prohibited on them; residents get around by kayak, canoe, rowing shell, and electric boat, launched directly from backyard docks rather than a public ramp. That is a genuinely distinctive residential layout on this site: most Redwood Shores waterfront homes don't face open Bay water at all, they face a quiet, engineered, no-wake channel that was designed into the neighborhood from the start, not a natural creek or inlet that predates the houses around it. A separate, smaller network of public parks, docks, and a boat launch at Don Warren Marina off Marine Parkway is owned and maintained by the Redwood Shores Owners Association (RSOA) -- the mandatory umbrella HOA covering roughly 4,084 residential units, about 80% of the community's housing, across 26 local subdivision associations, four apartment complexes, and one housing cooperative. A separate, older, and voluntary organization, the Redwood Shores Community Association (RSCA), founded in 1970 before RSOA existed, runs an Architectural Design Board for legacy subdivisions and organizes community-wide events -- meaning a Redwood Shores buyer is typically joining two distinct association structures with different membership rules, not one conventional neighborhood HOA.

Corporate identity is unusually concentrated here for a residential market. Oracle Corporation's headquarters campus -- six blue-green glass towers arranged around a lagoon that is itself an engineered extension of the Bay, built on the former site of the Marine World theme park, which operated on this peninsula from 1968 until relocating to Vallejo in 1986 -- served as Oracle's global headquarters from 1989 until the company relocated its official HQ to Austin, Texas in December 2020. Oracle has since designated a planned Nashville, Tennessee campus as its 'world headquarters,' with renderings unveiled and construction plans advancing through 2025 and 2026, alongside a real, reported round of company-wide layoffs in 2026. What this research could not fully confirm is current day-to-day occupancy at the original Redwood Shores towers themselves in 2026 -- the campus remains Oracle-branded, visible from US 101 at the Ralston Avenue/Marine World Parkway exit, and distinct from a separate, smaller, now-vacant Oracle office park on Twin Dolphin Drive that a developer has filed plans to redevelop -- but this page does not claim a specific current headcount for the main towers and flags that as a genuine research gap rather than assuming either 'still full' or 'empty' without a source. One unambiguous, documented community benefit of the Oracle relationship: Design Tech High School, a public charter school physically built on the Oracle campus with Oracle contributing $43 million toward construction, opened in January 2018 as reportedly the first high school in the country located on a technology company's own property.

The single fact this page treats as more consequential than any other for a prospective buyer's carrying costs is the levee system's federal accreditation status. In April 2020, FEMA notified Redwood City that the levees protecting Redwood Shores no longer met the standard required for accreditation, and that without upgrades, roughly 4,700 households would be remapped into a Special Flood Hazard Area -- which would trigger mandatory flood insurance for anyone with a federally backed mortgage on an affected property. Redwood City, working with OneShoreline (the San Mateo County Flood and Sea Level Rise Resiliency District, an independent special-purpose agency formed in 2019), advanced the Redwood Shores Sea Level Rise Protection Project in response; in February 2026 the City Council approved a plan to connect the levee segments into a single continuous system, raise it by roughly 3.5 feet, and reinforce about seven miles of shoreline, at a cost reported near $200 million and intended to protect an estimated $8 billion in property and infrastructure, including San Carlos Airport, a SamTrans maintenance yard, a regional wastewater treatment plant, a fire station, and two schools. Reporting citing 2025 Climate Central data described Redwood City as carrying the highest severe coastal flooding risk of any California city. This is not background disclosure -- it is an active, dated, partly-federally-funded civil engineering project with a real design deadline in mid-2026, and any serious buyer should understand exactly where that project stands before closing, not rely on a static description from this page.

Several things this research could not resolve to a single confirmed figure and does not invent: a single reconciled median home price (aggregator-based estimates and a small realtor-sourced sales sample disagree by several hundred thousand dollars in an unusually thin, low-turnover market); a confirmed current employee headcount at Oracle's Redwood Shores towers specifically, as distinct from the company's broader Bay Area or Nashville footprint; and a parcel-specific San Mateo County effective property tax rate for the 94065 ZIP code, as opposed to citywide Redwood City figures. Confirm current numbers directly with the San Mateo County Assessor-County Clerk-Recorder's office, the City of Redwood City, OneShoreline, a California-licensed insurance broker, and a local buyer's agent before making a purchase or relocation decision.

Property Tax (San Mateo County, Prop 13)
1% constitutional base plus voter-approved local add-ons, capped at 2% annual assessed-value growth. San Mateo County's countywide average effective rate runs roughly 1.26%, with Redwood City averaging about 1.16% citywide (ranging roughly 1.13%-1.31% by ZIP) -- no confirmed rate specific to the 94065/Redwood Shores ZIP was found
Median Home Price
Disputed: aggregator estimates put median home value around $1.85M-$1.87M citywide-adjacent figures, while a 2025 realtor-sourced snapshot cited a $2.3M median sale price on a market of just seven single-family sales that year -- an unusually thin, low-turnover sample
Sales Tax
Most commonly cited combined rate is 9.875% (6% CA state-decomposed + 0.25% San Mateo County + 0.5% Redwood City + 3.125% special district), though at least one aggregator cites 11.2% for the same city -- this page states the disagreement rather than picking one
Short-Term Rentals
Redwood City permits short-term rentals only in an owner's primary residence; unhosted stays are capped at 120 nights/year with no cap when hosted, ADU rentals are barred unless registered before January 1, 2020, and hosts must register annually and collect a 12% Transient Occupancy Tax -- not an investment-property-friendly framework

Independent research. No ads. No sponsored listings. Facts here are drawn from: Wikipedia's Redwood Shores, California entry and the Leslie Salt Company/San Francisco Bay Salt Ponds entries for the peninsula's salt-pond origin, the 1960s-70s fill-and-develop history, the FHA loan-guarantee suspension over liquefaction concerns, and the original 60,000-resident master plan; the City of Redwood City's own website (redwoodcity.org) for the Redwood Shores Sea Level Rise Protection Project, its levee boundary description (Belmont Slough, the Bay, Steinberger Slough, US 101), and the 1959 annexation; OneShoreline's own website (oneshoreline.org) for its 2019 formation as the San Mateo County Flood and Sea Level Rise Resiliency District and its role in the Redwood Shores levee project; the Redwood City Pulse's February 2026 reporting on the City Council's approval of the levee-connection/raise/reinforcement plan, its roughly $8 billion protected-asset estimate, and 2025 Climate Central flood-risk data; the San Mateo Daily Journal's reporting citing a roughly $200 million levee-upgrade cost; FEMA's April 2020 levee-accreditation notice to Redwood City and its cited 4,700-household Special Flood Hazard Area exposure, as reported via the City's own project materials; the Redwood City General Plan and RSOA's own published overview document (hosted on redwoodcity.org) for the 19-mile/200+-acre lagoon system, its no-gas-engine rule, and RSOA's membership structure (4,084 units, 26 subdivision HOAs, 4 apartment complexes, 1 co-op, roughly $80/year dues); RSCA's own website (rsca.org) for its 1970 founding, voluntary membership, and community-event programming; KSH Architects' and Architizer's project pages for the Oracle campus's six-tower design and lagoon-adjacent siting; general Bay Area business-press reporting for the Marine World theme park's 1968-1986 operation on the site, Oracle's 1989-2020 headquarters tenure, its December 2020 relocation to Austin, and its 2024-2026 Nashville "world headquarters" development; the Wikipedia and GreatSchools/Getting Smart entries on Design Tech High School for its 2018 opening, Oracle's $43 million construction contribution, and its status as a school built on a tech company's own campus; the USGS's San Francisco Bay Area liquefaction hazard mapping program for the general finding that artificial bay fill carries the highest regional liquefaction susceptibility; San Mateo County's Assessor-County Clerk-Recorder office and Ownwell for county- and Redwood-City-average effective property tax rates; Avalara and SalesTaxHandbook for Redwood City's combined sales tax rate, explicitly flagged here as disagreeing with at least one other aggregator; the City of Redwood City's own short-term rental policy page for registration, occupancy caps, and Transient Occupancy Tax rules; and Zillow-style aggregator estimates alongside a realtor-published 2025 sales snapshot for home price figures, explicitly flagged here as disagreeing sharply in a very thin market. Facts not independently confirmed and not invented here include: a single reconciled current median home price; current day-to-day employee occupancy at Oracle's Redwood Shores towers specifically; and a San Mateo County effective property tax rate specific to the 94065 ZIP code rather than citywide Redwood City figures. Confirm all current facts directly with the City of Redwood City, OneShoreline, the San Mateo County Assessor-County Clerk-Recorder's office, a California-licensed insurance broker, and a local buyer's agent before making a purchase, relocation, or investment decision. Nothing on this page is legal, tax, financial, engineering, or insurance advice.

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