
Hillsborough, California 94010
This estate represents a High-Potential Investment Opportunity, listed at $7,888,000—positioned slightly above the $7,815,725 Fair Market Value. While the property requires modernization, its Condition Rating of 4 provides a blank canvas for significant value-add renovations. Situated on a massive 21,979 sqft lot in a prestigious Hillsborough enclave, the home offers access to Top-Rated Schools like North Hillsborough and Crocker Middle. This is a rare, large-scale architectural foundation ideal for Value-Add Investors or Owner-Occupants seeking to curate a legacy estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1955 Parkside Avenue Subject | $7,888,000* List Price | 4 | 5 | 4,020 | $1,944 | - |
A 2105 Forest View Avenue Sold | $6,380,000 | 4 | 3 | 2,840 | $2,246 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967 and held by the same family for over 50 years, the property is meticulously maintained but significantly dated. The kitchen features older tile countertops, dated cabinetry, and white appliances that are well beyond the 20-year mark, requiring a full modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21979, living area = 4020.
Elementary School: North Hillsborough School (9/10). Middle School: Crocker Middle School (9/10). High School: Burlingame High School (9/10).
Located in the highly sought-after Hillsborough community, the property offers access to elite, top-rated schools including North Hillsborough Elementary and Crocker Middle, ensuring long-term value and appeal for families.
Built in 1967 and held by the same family for over 50 years, the home likely requires substantial capital investment to update its systems and finishes to meet modern luxury standards.
A significant price reduction of over $1.1 million within the first month on the market may indicate initial overpricing or a cautious buyer response to the property's current condition relative to its list price.
For the first time in over half a century, this remarkable family estate is opening its doors to a new chapter. Built in 1967 and held by the same family ever since, this is more than just a homeit is a rare opportunity to acquire a residence of incredible character and complete seclusion. The expansive floor plan is thoughtfully designed for both grand entertaining and intimate daily life, featuring four generous bedrooms along with three full and two half baths. Among its many refined living spaces is a sophisticated library, offering the perfect sanctuary for a home office or quiet reflection. Every room is bathed in natural light, creating a seamless connection between the interior and the breathtaking grounds outside. Set within a lush, private envelope, the property is defined by stunning curated gardens that create a verdant oasis. These meticulously maintained outdoor spaces provide a level of privacy that is increasingly rare, ensuring a serene retreat. Meticulously cared for and brimming with potential, this is a once-in-a-generation opportunity to acquire this remarkable estate and steward its beautiful legacy into a new era.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 79% |
| Square foot | 4,020 | 2,803 | 82% |
| Lot Size | 21,979 | 8,320 | 81% |
| Price | $7.89M | $3.95M | 88% |
| Price per sq ft | $2.0K | $1.6K | 85% |
| Built year | 1967 | 1948 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 94 | 7% |
Jun 6, 2026
$7,888,000
$8,998,000
-12% Price Drop
Initial Listing
May 8, 2026
$8,998,000
Initial Listing