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2301 Easton Drive, Burlingame, California 94010, Burlingame, 94010 - 3 bed, 4 bath

2301 Easton Drive, Burlingame, California 94010 home-pic-0
ACTIVE$4,998,000
2301 Easton Drive, Burlingame, California 94010
3Beds
4Baths
3,190Sqft
16,785Lot
Year Built
1922
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
$1,567
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022314
Home ConditionFair
Features
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,7 Pros. Rank: price - $5.00M(69th), sqft - 3190(61th), beds - 3(42th), baths - 4(60th).

Unique Opportunity in Burlingame's Sought After Easton Addition! The famed Easton Addition is known for its pristine layout, gentle grades, serene landscape, play friendly & walk to anywhere. Presenting a unique opportunity to acquire a huge parcel with a prime Easton Addition Setting! Total Lot Size: ± 16,785 SqFt. Many options: Enjoy the home as-is or Renovate Existing Home or Build 2 New Homes. Existing home is 3 BRs, 4 BAs w/ huge kitchen/family room, formal dining room, formal living room, large primary suite, incl. ground floor bedroom, office/laundry room, large detached garage w/ full bathroom, changing room & loft/storage area, high ceilings, abundant natural light. A SB9 application has been completely approved by the City of Burlingame & is submitted for recording with the County of San Mateo. The lot split will provide two parcels: Lot A Proposed plans are for a ±2,851 SqFt Home + 307 SqFt Garage & 328 SqFt ADU Consisting of 4 BRs + den/office, 5-1/2 BAs, huge living-kitchen-family room environment, detached Garage w/ ADU. Lot B Proposed plans are for a ±3,484 SqFt Home + 310 SqFt Garage + 400 SqFt ADU, Consisting of 4 BRs + den/office, 5-1/2 BAs, huge living-kitchen-family room environment, detached garage w/ ADU.

Nearby schools

7/10
Roosevelt Elementary School
Public,•K-5•0.2mi
9/10
North Hillsborough School
Public,•K-5•1.0mi
8/10
Burlingame Intermediate School
Public,•6-8•0.9mi
9/10
Crocker Middle School
Public,•6-8•1.1mi
9/10
Burlingame High School
Public,•9-12•1.4mi

Price History

Date
Event
Price
09/24/25
Listing
$4,998,000
Condition Rating
Fair
Built in 1922, this property's existing home is over a century old. While livable 'as-is' and appearing well-maintained in general living areas with hardwood floors, the kitchen and bathrooms are significantly outdated. The kitchen features very old dark wood cabinets, dated tiled countertops and backsplash, and a mix of old built-in appliances (double oven, cooktop/hood) alongside a newer stainless steel refrigerator. The bathrooms consistently show older small white tiles, traditional vanities, and fixtures, indicating they are functional but require substantial aesthetic and feature updates. The property's condition aligns with 'Fair' as major components are functional but show clear signs of being outdated, necessitating minor updates or repairs to meet current standards, particularly in the kitchen and bathrooms.
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 = 16785, living area = 3190.
Great Schools: Elementary School: North Hillsborough School (9/10). Middle School: Crocker Middle School (9/10). High School: Burlingame High School (9/10).
Prime Location: Situated in Burlingame's highly sought-after Easton Addition, known for its pristine layout, serene landscape, and walkability.
Significant Development Potential: A generous ±16,785 SqFt parcel with an approved SB9 application for a lot split, enabling the construction of two new homes with ADUs.
Pre-Approved Development Plans: City-approved SB9 application and detailed proposed plans for two substantial new homes and ADUs are already in place, de-risking future development.
Top-Tier School District: Benefits from access to a highly-rated school district, including multiple elementary, middle, and high schools with ratings of 8 and 9.
Flexible Investment Opportunity: Offers diverse options for a buyer: enjoy the existing spacious home, undertake a renovation, or proceed with the approved two-home development.

Cons

Age of Existing Home: Built in 1922, the existing home is over a century old, which may necessitate extensive renovation or demolition for buyers pursuing new construction.
Premium Listing Price: The property's listing price is approximately 5% above its estimated market value, suggesting it is positioned at a premium.
High Capital Requirement: While offering substantial upside, realizing the full potential of the approved development requires a significant financial and time investment for construction.

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