3085 Ralston Avenue, Hillsborough, California 94010, Hillsborough, 94010 - 5 bed, 7 bath
3085 Ralston Avenue
Hillsborough, California 94010
Property Price
SUMMARY
Analysis of 3085 Ralston Avenue, Hillsborough, California 94010 is currently available with a list price of $14,995,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Hillsborough Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1929, this grand estate showcases exquisite architectural detailing and is meticulously maintained. While many areas, including the main living spaces, feature high-quality traditional finishes like inlaid parquet floors and wood paneling, the overall property, particularly the kitchen, appears to have been renovated in a traditional style likely 15-25 years ago, rather than recently. The kitchen features high-end appliances and materials but its aesthetic is not contemporary. One bathroom shown is clearly updated with modern finishes, but this doesn't reflect the entire property. The property's age suggests that major systems (HVAC, plumbing, electrical) may be functional but are likely outdated and would require significant investment to meet modern standards and efficiency, as noted in the property's weaknesses. It is aged but maintained, with components showing signs of being outdated, aligning with a 'Fair' condition.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 87120, living area = 10495.
- Great Schools
Elementary School: North Hillsborough School (9/10). Middle School: Crocker Middle School (9/10). High School: Burlingame High School (9/10).
- Panoramic Bay Views
The property boasts 'jaw-dropping panoramic bay views, some of the best in all of Hillsborough,' with walls of glass framing iconic vistas, significantly enhancing its desirability and value.
CONSRISKS & DEFICIENCIES
- Age and Potential for System Updates
Built in 1929, the property, despite its grandeur, may require significant investment in updating core systems (e.g., HVAC, plumbing, electrical) to meet modern standards and efficiency, which is not explicitly mentioned as having been done.
- Extended Market Time & Price Adjustment
Having been on the market for over a year with a recent price reduction suggests the initial pricing may have been ambitious or the property's unique characteristics are appealing to a more limited buyer pool, potentially indicating a slower sales cycle.
- High Maintenance & Upkeep Costs
A grand estate of this size (10,495 sqft on 2 acres) with intricate architectural details and extensive landscaping, including a pool, will inherently incur substantial ongoing maintenance and utility costs, which could be a deterrent for some luxury buyers.
About 3085 Ralston Avenue
Situated on a private side street, this grand estate sits on a majestic 2-acres with jaw-dropping panoramic bay views, some of the best in all of Hillsborough. Exquisite architectural detailing and finishes throughout, including inlaid parquet walnut floors, hand carved fireplaces, and walls of glass framing iconic bay views and landscaping. The main level includes a stunning office, billiard hall, and the "Morocco Room" lounge. Upstairs, the large master suite enjoys equally stunning views of the bay, in addition to a luxury spa bath and formal sitting room. A separate in-law suite and wine cellar with tasting room are located on the lower level of the residence. Equally impressive are the surrounding grounds, fully landscaped with grand-scale trees, expanses of manicured lawn, and an elevated terrace overlooking the views and swimming pool. All of this just minutes from shopping, dining, golfing, parks, and top rated Hillsborough schools. (Square Footage Per County Records: 8,629)
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 87,120 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Hillsborough Unified Schools
North Hillsborough School
Grades K-5 • 0.6 mi
West Hillsborough School
Grades K-5 • 0.8 mi
Crocker Middle School
Grades 6-8 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 81% |
| Baths | 7.0 | 3.0 | 97% |
| Square foot | 10,495 | 2,440 | 99% |
| Lot Size | 87,120 | 8,479.5 | 97% |
| Price | $14.99M | $3.73M | 99% |
| Price per sq ft | $1.4K | $1.6K | 37% |
| Built year | 1929 | 1949 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 1125 | 142 | 0% |
Pricing History
Listed for Sale
Sep 2, 2025
$14,995,000
Initial Listing
Price Change
Feb 6, 2023
$15,750,000
Initial Listing