The Burlingame Park neighborhood is small and lush, bordered on one side by Hillsborough and walking distance to Burlingame Avenue, which is a huge draw for the neighborhood. The several hundred homes in the whole neighborhood are on generally larger lots here than most of Burlingame. The neighborhood is the jewel in the glittering crown of Burlingame real estate, the most desirable address in a city full of most desirable addresses. Recently sold homes on its tree-lined streets have sold for $4.5 million or more, though many are in the sweet spot in the $3 million range. Bordering ultra-high-end Hillsborough, Burlingame Park holds its own with its leafy neighbor, offering spacious traditional homes (including many modern rebuilds whose classic style follows the lead of their pre-war neighbors) plus easy access to Burlingame Avenue’s chic boutiques and myriad restaurant choices and an option for entry-level Burlingame buyers — a row of condominium buildings along the neighborhood’s eastern border which range in price from the high six figures to the low $1 millions. With a neighborhood-wide WalkScore of 86 but a serene overall vibe, Burlingame Park offers its fortunate residents the best of luxurious small-town living a mere 15 miles from San Francisco.

Since 2021, the average home value in Burlingame Park has fallen almost 15%. Sales have dropped off by half, from 18 in 2021 to 17 in 2022 to only eight in 2023.  Neighborhood distribution of sales along price points has trended downward to where last year only one Burlingame Park home closed for more than $5 million, whereas five hit that mark in 2022. However, the news is not all bad for Burlingame’s second-priciest neighborhood. Price per square foot ($1,524 in 2023) was flat between 2022-2023 and actually up a few percentage points from 2021. Average DOM also remained steady at 22, though that figure is 38% higher than it was in 2021. Three Burlingame Park homes sold for less than $3 million in 2023, offering opportunities for buyers perhaps priced out of Burlingame’s second-priciest neighborhood in the past, however these homes were likely to undergo significant projects.

To view a detailed google map of the Burlingame Park neighborhood, click here. The MLS area is 460.

Favorable

• The closest walkable neighborhood to downtown

• Large, historic homes

• Tree-lined streets

• One of the two neighborhoods (along with Easton Addition) where you're likely to find new home

Adverse

• Homes rarely come on the market here...typically around 1 a month