45 El Bonito Way, Millbrae, California 94030, Millbrae, 94030 - 4 bed, 5 bath
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45 El Bonito Way
Millbrae, California 94030
ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
3,200Sq Ft
6,838Lot Size
Property Price
LIST PRICE$2,888,000
EST. MARKET VALUE
$3,175,008
9% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $2,888,000—positioned well below the $3,175,008 Fair Market Value by 9%. This valuation gap offers $287,008 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home showcases Panoramic Bay Views, a Chef’s Kitchen, and a Floating Glass Staircase. Located in the prestigious Millbrae Highlands near Top-Rated Mills High School, this property is an ideal acquisition for discerning professionals or owner-occupants seeking a luxury lifestyle.
Estimated Market Value
$3,175,008+$287,008 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Millbrae.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45 El Bonito Way Subject 4 bd · 5 ba · 3,200 sqft · $992 | $2,888,000* List Price | 4 | 5 | 3,200 | $992 | - |
A 1225 Magnolia Avenue Sold 3 bd · 3 ba · 2,600 sqft · $904 · 0.9 mi | $2,350,000 | 3 | 3 | 2,600 | $904 | 0.9 mi |
B 1035 Chadbourne Avenue Sold 4 bd · 3 ba · 2,200 sqft · $1,159 · 0.4 mi | $2,550,000 | 4 | 3 | 2,200 | $1,159 | 0.4 mi |
C 1064 Springfield Drive Sold 4 bd · 3 ba · 2,190 sqft · $1,016 · 0.6 mi | $2,225,000 | 4 | 3 | 2,190 | $1,016 | 0.6 mi |
D 140 Del Centro Sold 3 bd · 2 ba · 1,950 sqft · $1,159 · 0.4 mi | $2,260,000 | 3 | 2 | 1,950 | $1,159 | 0.4 mi |
E 717 Crestview Drive Pending 5 bd · 3 ba · 2,430 sqft · $1,040 · 0.6 mi | $2,528,000 List Price | 5 | 3 | 2,430 | $1,040 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite being built in 1988, the property has undergone a high-end modern renovation within the last 5 years. Key features include a contemporary kitchen with high-gloss cabinetry and quartz counters, updated spa-like bathrooms with frameless glass and soaking tubs, glass railings, and solar panels. The interior finishes and systems appear to be in mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Mills High School (9/10).
- Panoramic Bay Views
The property offers breathtaking, unobstructed views of the San Francisco Bay from multiple vantage points, including the expansive entertaining deck and the primary suite.
- High-End Modern Finishes
The interior boasts sophisticated upgrades such as polished stone floors with inlaid borders, a floating glass staircase, and a chef's kitchen with high-gloss cabinetry and quartz countertops.
CONSRISKS & DEFICIENCIES
- Limited Usable Yard Space
While the property features an impressive deck for entertaining, the 6,838 sqft lot offers minimal flat, usable lawn area for traditional outdoor activities or gardening.
- Moderate Primary School Ratings
Although the high school is top-rated, the assigned elementary and middle schools have ratings of 6, which may be a consideration for families prioritizing peak academic scores for younger children.
About 45 El Bonito Way
Elegance meets panoramic Bay views at 45 El Bonito Way, set in the coveted Millbrae Highlands. Grand double doors open to a sunlit foyer with skylight, polished stone floors with inlaid borders, and a floating staircase with glass railings. The formal living room has a sculpted stone fireplace and a bay window, and the dining room has a coffered ceiling with soft cove lighting. The kitchen offers sleek high-gloss cabinetry, quartz counters, stainless appliances, and a sunny breakfast nook. The lower-level family room has a fireplace, a wet bar with wine fridge, and sliders to an expansive deck with sweeping Bay views, ideal for entertaining. Upstairs, the primary suite showcases rich hardwood floors, picture windows framing the Bay, and a spa-like bath with a soaking tub, frameless glass shower, and dual vanity. The home has 4 bedrooms and 4.5 baths, including a top-floor bedroom suite with a loft. Solar and an attached 2-car garage complete this exceptional home near Sawyer Camp Trail, BART, SFO, and Hwy 280/101.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 6,838 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Millbrae Unified Schools
Meadows Elementary School
Grades K-5 • 1.0 mi
6/10
Taylor Middle School
Grades 6-8 • 0.3 mi
6/10
Mills High School
Grades 9-12 • 0.8 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 5.0 | 1.9 |
| Square foot | 3,200 | 1,800 |
| Lot Size | 6,838 | 6,709.35 |
| Price | $2.89M | $2.14M |
| Price per sq ft | $902 | $1.3K |
| Built year | 1988 | 1957 |
| HOA | $0 | $0 |
| Days on market | 3 | 30 |
Pricing History
Listed for Sale
Oct 21, 2026
$2,888,000
Initial Listing
Sold
Aug 13, 2008
$1,498,000
Public Record
Sold
Nov 21, 2002
$1,269,000
Public Record
Sold
Jul 21, 1997
$670,000
Public Record