1308 Montero Avenue, Burlingame, California 94010, Burlingame, 94010 - 4 bed, 4 bath
1308 Montero Avenue
Burlingame, California 94010
Property Price
SUMMARY
Analysis of 1308 Montero Avenue, Burlingame, California 94010 reveals a Prime Investment Opportunity with a current list price of $3,500,000—significantly undercutting the $3,623,165 Fair Market Value by 3%. This valuation gap indicates a +$123,165 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Burlingame Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1308 Montero Avenue Subject | $3,500,000* List Price | 4 | 4 | 3,240 | $1,118 | - |
A 838 Walnut Avenue Sold | $3,500,000 | 4 | 4 | 2,970 | $1,178 | 0.9 mi |
B 1131 Oxford Road Sold | $3,000,000 | 3 | 3 | 2,267 | $1,323 | 0.8 mi |
C 1325 Paloma Avenue Sold | $2,850,000 | 4 | 3 | 2,189 | $1,302 | 0.7 mi |
D 1511 La Mesa Drive Sold | $3,450,000 | 5 | 3 | 3,210 | $1,075 | 0.9 mi |
E 1111 Laguna Active Under Contract | $2,999,000 List Price | 6 | 4 | 3,050 | $983 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property underwent an extensive renovation and expansion in 2019, placing it within the 5-year window for top-tier condition. It features a modern open-concept kitchen, high-end white oak engineered hardwood flooring, and designer tile. Significant system upgrades include a Tesla fast charger, CAT 5 wiring, radiant heating, and new pool equipment (2021), along with new gutters (2024), indicating no deferred maintenance and high-quality contemporary finishes throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: North Hillsborough School (9/10). Middle School: Crocker Middle School (9/10). High School: Burlingame High School (9/10).
- Premier Location
Situated in the highly coveted Easton Addition of Burlingame, this property offers a prestigious address within walking distance to top-rated schools, parks, and the vibrant shops and dining of Burlingame Avenue.
- Modernized Open Layout
A comprehensive 2019 renovation created a seamless open flow between the kitchen, dining, and family rooms, featuring high-end white oak engineered floors and contemporary designer finishes throughout.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3240, other record living area = 1710.
- Pricing Volatility
The property has undergone a significant price reduction of nearly $500,000 since its initial listing, which may signal a disconnect between the original asking price and current market expectations.
- Limited Green Space
With a substantial 3,240 sq ft home and a pool occupying much of the 6,000 sq ft lot, there is minimal traditional lawn or garden space for buyers seeking a larger yard.
About 1308 Montero Avenue
Tucked along tree-lined Montero Avenue in Burlingames coveted Easton Addition, this beautifully updated and expanded home blends warmth, design, and function. With over 3,000 sq ft, 4 bedrooms, and 3.5 baths, it offers thoughtfully curated spaces for modern living. The heart of the home was reimagined in 2019 with an open flow between the kitchen, dining, and family rooms, all connected by white oak engineered hardwood floors. A beautifully refreshed lower level anchored by designer tile flooring, offering a resort-inspired atmosphere and seamless indoor/outdoor living. The kitchen invites connection, from holiday breakfasts to late-night chats, while the open layout keeps everyone engaged. Downstairs, doors open to a private backyard retreat with a PebbleTec pool, spa, and new equipment (2021). A solar heating system by Poco Solar keeps the pool warm into the fall. The lower-level suite with radiant heat and surround sound offers flexibility as a guest or au pair space. Additional highlights: Tesla fast charger, CAT 5 wiring, new gutters (2024), and custom period-inspired banisters. Moments from top schools, parks, and Burlingames vibrant shops and dining, this home is more than a place to live it Is a lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Burlingame Unified Schools
Roosevelt Elementary School
Grades K-5 • 0.4 mi
North Hillsborough School
Grades K-5 • 1.1 mi
Burlingame Intermediate School
Grades 6-8 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 4.0 | 3.0 | 63% |
| Square foot | 3,240 | 2,440 | 73% |
| Lot Size | 6,000 | 8,262 | 33% |
| Price | $3.50M | $3.63M | 47% |
| Price per sq ft | $1.1K | $1.6K | 3% |
| Built year | 1927 | 1949 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 141 | 11% |
Pricing History
Listed for Sale
Feb 26, 2026
$3,500,000
$3,998,000
-12% Price Drop
Initial Listing
Price Change
Jan 23, 2026
$3,998,000
Initial Listing
Sold
Dec 10, 2019
$2,900,000
Public Record
Sold
Oct 23, 2002
$1,230,000
Public Record
Sold
Apr 29, 1999
$875,000
Public Record