
Burlingame, California 94010
Analysis of 3035 Canyon Road, Burlingame, California 94010 is currently available with a list price of $4,495,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Burlingame Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a redevelopment opportunity with a 'by-right rebuild of the main residence.' Built in 1937 and exceeding the 50-year threshold without a primary renovation, the main house is positioned for replacement. While the guest house is functional with mid-2000s era finishes, the listing's focus on allowable floor area and custom estate potential indicates the primary value is in the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35583, living area = 5394.
Elementary School: North Hillsborough School (9/10). Middle School: Crocker Middle School (9/10). High School: Burlingame High School (9/10).
The property offers a rare by-right rebuild opportunity for a main residence of approximately 5,400 sq ft, allowing buyers to create a custom estate while utilizing existing permitted structures like the guest house and pool.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5394, other record living area = 3530.
Positioned primarily as a rebuild opportunity, the property requires significant additional capital and time for construction beyond the multi-million dollar acquisition cost.
Existing secondary structures are limited to exterior refinements only, which may constrain a buyer's ability to fully unify the estate's interior design or layout across all buildings.
3035 Canyon Road presents a rare opportunity to create a custom Burlingame Hills estate anchored by history, privacy, and architectural flexibility. The property allows a by-right rebuild of the main residence while preserving a fully permitted, separately metered guest house, a separate three-car garage, and pool, all immediately usable. City records reflect approximately 5400 sq ft allowable floor area; buyers to verify redevelopment or expansion potential. Distinquishing the estate is a hand-excavated stone retreat carved into a hillside outcropping, complete with stairways, two caves, and a viewing deck with Bay views attributed to Charles Fey, the San Francisco inventor whose Liberty Bell machine laid the foundation for the modern slot machine. Existing secondary structures may be architecturally refined on the exterior only, allowing a future owner to unify the estates design while concentrating capital on the primary residence. This is a property for buyers who value provenance, discretion, and the ability to create something truly one-of-one in the Burlingame Hills. The owner of this property is also the licensed real estate broker.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 1.9 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 74% |
| Baths | 4.0 | 3.0 | 56% |
| Square foot | 5,394 | 2,755 | 93% |
| Lot Size | 35,583 | 8,554 | 93% |
| Price | $4.50M | $3.88M | 60% |
| Price per sq ft | $833 | $1.6K | 1% |
| Built year | 1937 | 1947 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 94 | 29% |
Apr 21, 2026
$4,495,000
$4,950,000
-9% Price Drop
Initial Listing
Feb 27, 2026
$4,950,000
Initial Listing
May 8, 2020
$1,750,000
Public Record