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1735 Crockett Lane, Hillsborough, California 94010, Hillsborough, 94010 - 4 bed, 3 bath

1735 Crockett Lane, Hillsborough, California 94010 home-pic-0
ACTIVE$7,200,000
1735 Crockett Lane, Hillsborough, California 94010
4Beds
3Baths
3,000Sqft
18,041Lot

Price Vs. Estimate

The estimated value ($5,945,965.91) is $1,254,034.09 (17%) lower than the list price ($7,200,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18041, living area = 3000.
Top Cons:
Potential Overpricing: The current list price of $7.2 million is 20% above the property's estimated value, which may indicate it is priced aggressively relative to market comparables or current condition.

Compared to the nearby listings

Price:$7.20M vs avg $3.81M (+$3,390,000)88%
Size:3,000 sqft vs avg 2,720 sqft57%
Price/sqft:$2.4K vs avg $1.5K94%

More Insights

Built in 1949 (76 years old).
Condition: The property was built in 1949, making it 75 years old. The MLS analysis explicitly states 'Dated Construction' and suggests potential for required updates to modernize systems and aesthetics. While the exterior appears well-maintained, the absence of interior images, coupled with the property's age, strongly indicates that the kitchen, bathrooms, and other interior features are likely outdated in style and functionality, requiring minor to moderate updates to meet contemporary standards. There is no evidence of recent extensive renovations.
Year Built
1949
Close
-
List price
$7.2M
Original List price
$7.2M
Price/Sqft
$2,400
HOA
-
Days on market
-
Sold On
-
MLS number
ML82025145
Home ConditionFair
Features
Patio
ViewNone

About this home

A rare opportunity. Located in the coveted lower-Hillsborough Ryan Tract Neighbourhood. 1735 Crockett Lane is an ideal home for entertaining! The home is located on a quiet cul-de-sac. The common area includes a family room, breakfast nook, formal dining room, and formal living room area. This one story 4-bedroom 3 bath home is expansive and private. Plenty of storage space. Located on a private lot with a generally flat backyard on a desirable cul-de-sac street. High ranked school district. North School, Crocker Middle School, and Burlingame High School. Located near Downtown Burlingame with plenty of stores and restaurants. There are an additional bedroom and bathroom located on the opposite side of the common area. Over the years this has been used as a bedroom or office, but it is ideal for a possible au-pair suite or in law suite. Possibility to expand home to 4500 SqFt and add an additional dwelling unit (ADU). Buyer to verify all information prior to close of escrow and removal of all contingencies.

Nearby schools

7/10
Roosevelt Elementary School
Public,•K-5•0.3mi
8/10
McKinley Elementary School
Public,•K-5•0.5mi
9/10
North Hillsborough School
Public,•K-5•0.7mi
9/10
Crocker Middle School
Public,•6-8•0.9mi
8/10
Burlingame Intermediate School
Public,•6-8•1.3mi
9/10
Burlingame High School
Public,•9-12•0.9mi
Condition Rating
Fair
The property was built in 1949, making it 75 years old. The MLS analysis explicitly states 'Dated Construction' and suggests potential for required updates to modernize systems and aesthetics. While the exterior appears well-maintained, the absence of interior images, coupled with the property's age, strongly indicates that the kitchen, bathrooms, and other interior features are likely outdated in style and functionality, requiring minor to moderate updates to meet contemporary standards. There is no evidence of recent extensive renovations.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18041, living area = 3000.
Great Schools: Elementary School: North Hillsborough School (9/10). Middle School: Crocker Middle School (9/10). High School: Burlingame High School (9/10).
Prime Hillsborough Location: Situated in the coveted lower-Hillsborough Ryan Tract on a quiet cul-de-sac, offering exclusivity and convenient access to Downtown Burlingame amenities.
Top-Tier School District: Zoned for highly-rated North School, Crocker Middle School, and Burlingame High School, making it a significant draw for families prioritizing education.
Significant Expansion & ADU Potential: Offers the possibility to expand the home to 4500 SqFt and add an Additional Dwelling Unit (ADU), providing substantial future value and customization options.
Versatile & Expansive Layout: Features an expansive one-story floor plan with multiple distinct common areas for entertaining and a flexible additional bedroom/bathroom ideal for an au-pair or in-law suite.
Private, Usable Lot: Boasts a generous 18,041 sqft private lot with a generally flat backyard, perfect for outdoor living and enhancing privacy.

Cons

Potential Overpricing: The current list price of $7.2 million is 20% above the property's estimated value, which may indicate it is priced aggressively relative to market comparables or current condition.
Dated Construction: As a 1949 build, the property is 75 years old, suggesting potential for required updates, renovations, or maintenance to modernize systems and aesthetics, despite its expansion potential.
Absence of Notable Views: The property description explicitly states 'view: None,' which could be a disadvantage in a market like Hillsborough where properties with desirable panoramic views often command a premium.

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