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.

Despite some predictably negative numbers (average and median home values down 6% and 7%, respectively), Burlingame Park outperformed many of its neighbors in 2022. Average price per square foot increased 16%, to $1,580, and total sales fell only by one, to 17, after increasing by 42% in 2020 to 2021. What may be more notable for this market’s future is how its range of sold properties changed from 2021 to 2022. Over half of Burlingame Park sales closed escrow for more than $4 million in 2021, whereas this year only five of 17 sales reached that level. Of those five, though, four were for $5 million-plus, led by a $6.5 million sale that closed escrow in late September, several months into 2022’s changed market.

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