
Hillsborough, California 94010
This Landmark Hillsborough Estate is a High-Potential Investment Opportunity, listed at $48,888,000—positioned slightly above the $47,074,870 Fair Market Value. While priced at a premium, the property offers an Exceptional Scale and Resort Amenities package, including a private tennis court, swimming pool, and panoramic San Francisco Bay views. With a Good Condition Rating and proximity to Top-Rated Schools like North Hillsborough and Crocker Middle, this compound provides a rare, historic lifestyle. It is an ideal acquisition for Ultra-High-Net-Worth Individuals or Luxury Owner-Occupants seeking a trophy residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 150 New Place Road Subject 10 bd · 10 ba · 13,059 sqft · $3,605 | $48,888,000* List Price | 10 | 10 | 13,059 | $3,605 | - |
A 85 Fagan Drive Active 9 bd · 7 ba · 14,290 sqft · $2,729 · 1.0 mi | $39,000,000 List Price | 9 | 7 | 14,290 | $2,729 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1974, the estate has undergone high-end renovations. The kitchen and bathrooms feature quality stone countertops and cabinetry consistent with a 10-15 year old update. The property is exceptionally well-maintained, move-in ready, and the listing notes comprehensive whole-home systems, placing it firmly in the 'Good' category despite its chronological age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 123373, living area = 13059.
Elementary School: North Hillsborough School (9/10). Middle School: Crocker Middle School (9/10). High School: Burlingame High School (9/10).
Spanning over 13,000 square feet on a massive 2.8-acre lot, this compound features a private guest house, tennis and pickleball courts, a swimming pool, and a home theater, offering a complete resort lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 13059, other record living area = 10942.
Offered at nearly $49 million, the property sits at the highest end of the market, significantly limiting the pool of qualified buyers and potentially extending the time on market.
Built in 1974, the scale of this 50-year-old landmark estate may require substantial ongoing maintenance and periodic updates to keep its extensive systems and finishes at modern trophy standards.
A landmark Hillsborough estate of extraordinary scale, privacy, and unparalleled distinction, nestled within the exclusive New Place Road enclave, historically associated with the Gilded Age-era William H. Crocker estate. Arrival begins at the historic William H. Crocker gate posts marking the entrance to New Place Road, winding through the fairways of Burlingame Country Club. 150 New Place Road is an exceptional compound offering refined California living. Private resort-caliber grounds offer gathering areas for relaxation and elegant entertaining in complete privacy. A private detached guest house, panoramic San Francisco Bay views, swimming pool, private tennis and pickleball court, and comprehensive whole-home systems. Sophisticated interior living spaces, generous bedroom suites, theatre room and indoor sauna provide exceptional comfort and recreation. Walls of glass and expansive terraces frame breathtaking San Francisco Bay views and invite seamless indoor-outdoor living. Ideally positioned near San Francisco, Silicon Valley, SFO, and the Peninsula's renowned schools and amenities. Offered at $48,888,000, 150 New Place is an exceptionally rare Hillsborough trophy estate- a landmark private compound where privacy, scale, setting, and a sense of history converge
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 10.0 | 5.1 |
| Baths | 10.0 | 5.3 |
| Square foot | 13,059 | 4,536.15 |
| Lot Size | 123,373 | 28,351.2 |
| Price | $48.89M | $7.31M |
| Price per sq ft | $3.7K | $1.8K |
| Built year | 1974 | 1958 |
| HOA | $0 | $0 |
| Days on market | 57 | 30 |
Aug 28, 2026
$48,888,000
Initial Listing
Dec 9, 2014
$13,000,000
Public Record
Dec 31, 2013
$13,270,000
Public Record