588 Craig Road, Hillsborough, California 94010, Hillsborough, 94010 - 5 bed, 5 bath
ACTIVE$9,500,000
588 Craig Road, Hillsborough, California 94010
5Beds
5Baths
4,760Sqft
22,650Lot
Price Vs. Estimate
The estimated value ($7,961,351.14) is $1,538,648.86 (16%) lower than the list price ($9,500,000). 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 = 22650, living area = 4760.
Top Cons:
Significant Price Discrepancy: The current listing price of $9.5 million is 16% higher than the estimated property value of approximately $7.97 million, potentially indicating an aggressive pricing strategy.
Compared to the nearby listings
Price:$9.50M vs avg $3.81M (+$5,690,000)93%
Size:4,760 sqft vs avg 2,720 sqft93%
Price/sqft:$2.0K vs avg $1.5K91%
More Insights
Built in 1950 (75 years old).
Condition: This property is a 'modern farmhouse masterpiece' that has undergone a 'complete renovation and expansion,' including a 'brand new ADU.' The description highlights '16-foot ceilings, stunning wood floors, abundant natural light, and premium upgrades throughout.' The 'chef's kitchen features Thermador appliances and an 11-foot island,' indicating top-tier, new components. Images confirm a contemporary, high-end aesthetic with new finishes, modern lighting, and pristine condition both inside and out, including a new pool and outdoor living spaces. The extensive renovation effectively makes the property virtually new, meeting the highest quality standards with no deferred maintenance.
Year Built
1950
Close
-
List price
$9.5M
Original List price
$9.5M
Price/Sqft
$1,996
HOA
-
Days on market
-
Sold On
-
MLS number
ML82018407
Home ConditionExcellent
Features
Pool
Patio
View-
About this home
Step into your modern farmhouse masterpiece in the coveted Carolands neighborhood of Hillsborough. Situated on a flat and spacious half-acre lot, this home has undergone a complete renovation and expansion, ensuring a modern and comfortable living experience. The main house offers 4 bedrooms and 4 bathrooms, with the added bonus of a brand new ADU that includes a 5th bedroom and additional bath. Inside, discover 16-foot ceilings, stunning wood floors, abundant natural light, and premium upgrades throughout. The chef's kitchen features Thermador appliances and an 11-foot island, with La Cantina doors creating seamless indoor-outdoor flow. Outside, your private oasis awaitswith a beautiful pool, bocce ball court, and plenty of room to relax or entertain. The 775 sq ft ADU is versatile and perfect for guests, a home office, or extended family. This property perfectly blends modern living, luxury, and space in the sought-after Carolands neighborhood. Welcome home!
Nearby schools
9/10
West Hillsborough School
Public,•K-5•0.5mi
9/10
North Hillsborough School
Public,•K-5•1.0mi
9/10
Crocker Middle School
Public,•6-8•0.8mi
9/10
Burlingame High School
Public,•9-12•2.1mi
7/10
San Mateo High School
Public,•9-12•2.6mi
Condition Rating
Excellent
This property is a 'modern farmhouse masterpiece' that has undergone a 'complete renovation and expansion,' including a 'brand new ADU.' The description highlights '16-foot ceilings, stunning wood floors, abundant natural light, and premium upgrades throughout.' The 'chef's kitchen features Thermador appliances and an 11-foot island,' indicating top-tier, new components. Images confirm a contemporary, high-end aesthetic with new finishes, modern lighting, and pristine condition both inside and out, including a new pool and outdoor living spaces. The extensive renovation effectively makes the property virtually new, meeting the highest quality standards 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 = 22650, living area = 4760.
Great Schools: Elementary School: North Hillsborough School (9/10). Middle School: Crocker Middle School (9/10). High School: Burlingame High School (9/10).
Prime Location & Neighborhood: Situated in the highly coveted and sought-after Carolands neighborhood of Hillsborough, known for its prestige and desirability.
Extensive Renovation & Modern Design: A 'modern farmhouse masterpiece' that has undergone a complete renovation and expansion, featuring 16-foot ceilings, stunning wood floors, abundant natural light, and premium upgrades throughout.
Luxury Amenities & Indoor-Outdoor Living: Boasts a chef's kitchen with Thermador appliances and an 11-foot island, La Cantina doors for seamless indoor-outdoor flow, a beautiful pool, and a bocce ball court, creating a private oasis for entertainment.
Versatile Brand New ADU: Includes a brand new 775 sq ft Accessory Dwelling Unit (ADU) with a 5th bedroom and additional bath, offering flexibility for guests, a home office, or extended family.
Spacious & Flat Lot: Located on a flat and spacious half-acre lot (22,650 sq ft), providing ample room for relaxation, recreation, and privacy.
Cons
Significant Price Discrepancy: The current listing price of $9.5 million is 16% higher than the estimated property value of approximately $7.97 million, potentially indicating an aggressive pricing strategy.
High Ongoing Costs: As a luxury property in Hillsborough with extensive amenities (pool, large lot), buyers should anticipate substantial ongoing property taxes and maintenance expenses.
Lack of Cooling System Mention: Despite extensive renovations and premium upgrades, the property description does not explicitly mention the presence of a cooling system (e.g., air conditioning), which could be a consideration for comfort during warmer periods.