245 W Santa Inez Avenue, Hillsborough, California 94010, Hillsborough, 94010 - 5 bed, 6 bath

245 W Santa Inez Avenue, Hillsborough, California 94010 home-pic-0
ACTIVE$15,999,000
245 W Santa Inez Avenue, Hillsborough, California 94010
5Beds
6Baths
8,500Sqft
56,018.16Lot

Price Vs. Estimate

The estimated value ($15,706,961.48) is $292,038.52 (1%) lower than the list price ($15,999,000). 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 = 56018, living area = 8500.
Top Cons:
Premium Price Point & Valuation: Listed at nearly $16 million, the property targets a very niche buyer pool, and the current listing price is 3% above the estimated market value, potentially impacting negotiation.

Compared to the nearby listings

Price:$16.00M vs avg $3.81M (+$12,189,000)99%
Size:8,500 sqft vs avg 2,720 sqft99%
Price/sqft:$1.9K vs avg $1.5K90%

More Insights

Built in 1912 (113 years old).
Condition: Despite being built in 1912, this estate has undergone extensive and continuous high-quality renovations and upgrades, as explicitly stated in the description (electrical, plumbing, HVAC, roofing, irrigation, retrofitting, exterior lighting). The images confirm a meticulously maintained property with a 'chef's kitchen' featuring professional-grade appliances and high-end finishes. Bathrooms showcase a mix of classic luxury and modern updates, all in pristine condition. The overall property, including the ADU and extensive outdoor amenities, presents as virtually new in terms of functionality and aesthetic quality, with no deferred maintenance.
Year Built
1912
Close
-
List price
$16M
Original List price
$16M
Price/Sqft
$1,882
HOA
-
Days on market
-
Sold On
-
MLS number
ML82018271
Home ConditionExcellent
Features
Good View: Neighborhood, Trees/Woods
Pool
Spa
Patio
ViewNeighborhood, Trees/Woods

About this home

LOWER HILLSBOROUGH'S PREMIER ESTATE! LUXURY, DESIGN, & PRIVACY! Rare listing, a once-in-a-lifetime property w/ one of the LARGEST LOTS in its area -- 1.286 ACRES OF TOTALLY FLAT LAND! European style Italian Villa, constructed to perfection resembling the work of "turn-of-the-century" architect George Howard. UPDATED & RENOVATED throughout the years. EXTENSIVE STREET SETBACK. Detached 5-car garage with a 1br/1ba ADU and private executive office / conference room. Amenities outside include a regulation tennis court, 2 separate spas, in-ground Pebble-Tec pool surrounded by flowering plants, A HUGE LAWN, multiple patios, a terrazzo terrace, vast motor court, statues by legendary sculptor Gaston Rognier, pristine landscaping by renowned designer Thomas Church, multiple gardens / flower beds, AND SO MUCH MORE! Additionally, the electrical, plumbing, heating, air conditioning, roofing, irrigation, retrofitting, & exterior lighting have all been upgraded modernizing this estate. Inside you'll find a large formal living room & dining rooms, a chef's kitchen, elliptical staircase w/ 40ft high entry, many 13ft high ceilings, butlers pantry, garden room, music room, whole house 22kW generator, smart electronic lighting, elevator, roof deck, multiple en-suites, & MORE! Too much to list here!

Condition Rating
Excellent

Despite being built in 1912, this estate has undergone extensive and continuous high-quality renovations and upgrades, as explicitly stated in the description (electrical, plumbing, HVAC, roofing, irrigation, retrofitting, exterior lighting). The images confirm a meticulously maintained property with a 'chef's kitchen' featuring professional-grade appliances and high-end finishes. Bathrooms showcase a mix of classic luxury and modern updates, all in pristine condition. The overall property, including the ADU and extensive outdoor amenities, presents as virtually new in terms of functionality and aesthetic quality, with no deferred maintenance.
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 = 56018, living area = 8500.
Exceptional Lot Size & Usability: A rare 1.286-acre, totally flat lot, one of the largest in the area, offering unparalleled privacy, space, and development potential.
Comprehensive Luxury Amenities: Boasts a regulation tennis court, Pebble-Tec pool, two spas, vast motor court, and multiple patios, providing an extraordinary outdoor living and entertainment experience.
Extensive Modern Systems & Infrastructure: Thoroughly upgraded electrical, plumbing, HVAC, roofing, and irrigation systems, complemented by a whole-house generator and elevator, ensuring modern comfort and reliability.
Versatile Auxiliary Structures: Includes a detached 5-car garage with a 1-bedroom/1-bath ADU and a private executive office/conference room, offering significant flexibility for guests, staff, or dedicated workspace.
Architectural Grandeur & High-End Finishes: A European-style Italian Villa featuring a 40ft high entry, 13ft ceilings, a chef's kitchen, and multiple en-suites, reflecting timeless design and luxurious living spaces.

Cons

Premium Price Point & Valuation: Listed at nearly $16 million, the property targets a very niche buyer pool, and the current listing price is 3% above the estimated market value, potentially impacting negotiation.
Historic Property Considerations: Despite extensive renovations, the 1912 construction year may imply higher long-term maintenance costs or potential for unexpected issues inherent to older estates.
Limited Panoramic Views: While offering pleasant neighborhood and tree views, the property does not boast the expansive panoramic ocean or city views often sought after in this luxury market segment.

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