
San Diego, California 92104
This Exquisitely Restored Historical Home is listed at $2,400,000, reflecting a premium for its luxury finishes and Mills Act tax benefits. While priced above the $2,036,974 Fair Market Value, the property offers a Turnkey Lifestyle Sanctuary with an Excellent Condition Rating. Features include a chef’s kitchen with Thermador appliances, a detached 365 sq. ft. ADU, and proximity to the 9/10 rated McKinley Elementary. This property is an ideal acquisition for discerning homeowners or multi-generational families seeking a high-end, move-in ready residence in the Burlingame District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2633 San Marcos Ave Subject 3 bd · 4 ba · 1,601 sqft · $1,272 | $2,400,000* List Price | 3 | 4 | 1,601 | $1,272 | - |
A 3160 Olive Street Sold 3 bd · 3 ba · 1,831 sqft · $1,062 · 0.1 mi | $1,945,000 | 3 | 3 | 1,831 | $1,062 | 0.1 mi |
B 2912 Granada Avenue Sold 4 bd · 3 ba · 1,882 sqft · $1,116 · 0.4 mi | $2,100,000 | 4 | 3 | 1,882 | $1,116 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete top-to-bottom luxury restoration within the last 5 years. It features a high-end modern chef's kitchen, fully updated designer bathrooms with premium fixtures, and completely brand-new systems including electrical, plumbing, sewer line, solar, and a custom mini-split HVAC system.
Elementary School: McKinley Elementary School (9/10).
Located in the Burlingame Historical District, the property features a Mills Act contract that provides a significantly reduced annual property tax rate, offering substantial long-term savings for the buyer.
The home boasts a luxury 'forever home' restoration with premium finishes like Thermador and iLve appliances, complemented by fully modernized systems including new electrical, plumbing, sewer lines, and solar.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1601, other record living area = 1236.
At a list price of $2.4 million for 1,601 total square feet, the property commands a significant premium that may be a deterrent for buyers prioritizing interior living space over historical prestige.
The solar system is under a $150 monthly lease rather than being owned outright, requiring the buyer to assume a recurring monthly expense and contract terms.
A Forever Home Restoration Exquisitely Showcased In Design, Elegance & Luxury... A Burlingame Historical District Home w/ Mills Act, providing a highly reduced annual property tax rate that will convey to the buyer, year 2025 taxes at $4,132. The living room is bright & open to the kitchen, dining room, and breakfast nook, with views to the front courtyard for evening lights. It has two master suites, 2.5 baths & 1,236 sq ft. Luxury starts with a Vintage iLve 60” dual fuel range with a handmade vintage-like custom plaster hood, custom-designed cabinetry with flush-mount doors/drawers, hidden top-grade Thermador refrigerator with stainless interior/ice-maker, hidden dishwasher, and a chef’s paradise double oven (upper gas cooking/lower electric baking). Gorgeous arched windows & French doors, satin brass Kohler bath/kitchen fixtures, West Elm lighting throughout, wall-mounted toilets with bidet, EV charger, all new oak-planed wood flooring throughout, individually pieced imported Spain tiles for kitchen/baths, and custom designed/installed Mini Split hvac floor system. Completely overhauled with a brand new sewer line to city connection, electrical, plumbing, sprinklers & solar. A large, level yard for ease of entertainment, possibly accommodating a pool/spa and offers plenty of room for an addition as well. A newly constructed 1-yr old ADU detached studio that is stunning, at 365sf. A stroll to downtown South Park & North Park for eateries, shops & cafes. Leased solar $150 /monthly with Year End averages credit of $300. Solar also covers the usage on ADU.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 4.0 | 2.2 |
| Square foot | 1,601 | 1,752.269 |
| Lot Size | 6,367 | 6,446.159 |
| Price | $2.40M | $1.27M |
| Price per sq ft | $1.5K | $736 |
| Built year | 1926 | 1971 |
| HOA | $0 | $186 |
| Days on market | 29 | 41 |
Sep 26, 2026
$2,400,000
Initial Listing
Jul 1, 2021
$1,050,000
Public Record