Hillsborough, Burlingame Luxury Homes Real Estate

Last week there were 51 homes on the market in the city of Millbrae.  That seems like a lot to me, but there aren't many that are what our clients call, "affordable".  The Median price was $1,125,000.  The most expensive house is listed at $2,800,000.  Prices have been rising for some time in Millbrae and even though Altos Research says the trend in price is down, you could fool me.  Millbrae offers good schools, and Mills High School, which is part of the San Mateo Union High School District is a coveted high school and the reason many people desire to move to Millbrae from the City. 

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The Mills Estates were developed in the mid-1950 through the 1960's.  This land once was part of the Ogden Mills estate and when the mansion burned down it was time to develop the land.  There were many different builders, some building tract homes and some custom homes.  This is the only area in Burlingame with Eichler homes and these are the largest Eichler's anywhere in San Mateo County.  Most of the homes on the view side of the street were built to take advantage of the wonderful views of the bay and San Francisco International Airport.  Part of Mills Estates sits in Burlingame and part in Millbrae.  With easy access to both 280 and 101, BART, and CalTrain it is a commuters paradise.

For Sale this week:

• $1,585,000 - on the market 54 days - 4 bedrooms and 2 baths - 2220 square feet and 44 years old
  
• $2,188,000 - on the market 2 days - 4 bedrooms and 2 1/2 baths - 2370 square feet and 49 years old
  
• $2,300,000 - on the market 72 days - 4 bedrooms and 3 baths - 3597 square feet and 51 years old.  Price reduced from $2,349,000
  
• $2,328,888 - on the market 63 days - 5 bedrooms and 4+ baths - 3660 square feet and 34 years old
  

Pending Release this week:

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The homes in the hills of Burlingame range from medium sized to massive.  Many sit right across from Hillsborough's town limits and afford some magnificent views of the City, the Bay and canyons.  This week saw Burlingame Hills as the most active area in the city with the most listings for sale here.  These homes are close to 280 and makes them an easy commute locations for people heading to the Silicon Valley or San Francisco.  

For Sale this week:

• $1,200,000 - on the market for 180 days - 3 bedrooms and 2 1/2 baths - 1830 square feet and 49 years old.  Price reduced from $1,395,000.
  
• $1,298,000 - on the market for 82 days - 3 bedrooms and 2 1/2 baths - 1980 square feet and 61 years old.  Price reduced from $1,323,950.
  
• $1,350,000 - on the market for 19 days - 3 bedrooms and 2 1/2 baths - 1890 square feet and 54 years old
  
• $1,595,000 - on the market for 159 days - 6 bedrooms and 3 1/2 baths - 3340 square feet and 43 years old. Price reduced from $1,875,000.

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Ray Park sits just north of the Easton Edition with homes built mostly in the 1950's.  It's a desirable neighborhood sitting so close to Franklin School and Burlingame Intermediate, allowing children to walk to school.  The homes can be quite stately with the largest lots in the city found on Valdivia Way.  This is also one of the few areas of The City of Trees, that doesn't have a lot of trees on the streets.  There hasn't been a great deal of action in this part of town with few homes being listed or sold and when they come on to the market they have been flying off in short order!  Ray Park sits next to Mills-Peninsula Hospital and the many medical buildings surround the hospital.  It's close to BART and the Millbrae CalTrain Station, and easy shopping at the Burlingame Plaza Shopping Center.  What more could you ask for?

There were no Houses for Sale this week.  

Pending Show this week:

• $1,250,000 - on the market 18 days - 3 bedrooms and 2 baths - 1490 square feet and 59 years old.

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Burlingame Village is the most northern community on the east side of El Camino.  This little area is also the only tract of similar homes in the city.  Built around 1941 or so, the Village was being developed during WWII, an unusual thing anywhere in the Country.  These homes are walking distance to BART, across from Mills-Peninsula Hospital, and walking distance to the Millbrae CalTrain station and local shopping at the Burlingame Plaza Shopping Center.  Over the past ten years many of the homes have been enlarged by new owners increasing their size considerably.

For Sale this week:

• $999,000 - on the market 90 days - 3 bedrooms and 1 bath - 1290 square feet and 67 years old. Price reduced from $1,098,000.
  
• $1,098,000 - on the market 9 days - 2 bedrooms and 2 baths - 1510 square feet and 66 years old
  
• $1,298,888 - on the market 65 days - 3 bedrooms and 2 baths - 1810 square feet and 66 years old.  Price reduced from $1,298,888
  

There were no other sales this past week.  No escrows closed.  No listings were withdrawn, canceled or expired.