Hillsborough

Homeplace

Homeplace neighborhood is the "heart of lower Hillsborough"

It’s not too far off the mark to refer to Homeplace as the “heart of lower Hillsborough.” The neighborhood, which is west of San Mateo Park and just south of the Burlingame Country Club, is large enough to include examples of almost all of Hillsborough’s diverse housing stock – and topography. Where some neighborhoods’ features can be summed up easily, Homeplace requires more space.

In Homeplace, you will find the requisite four and five-bedroom 1950s California ranch-style homes so popular during Hillsborough’s first wave of large-scale development. A surprising number are still held by longtime owners. You will also find grand, pre-war estates, Tudors and Chateaus sporting upwards of 6,000 square feet of living space on acre-plus lots, along with neo-Tudors and neo-Chateaus built in the past decade whose size and scale rival that of the original homes. Homeplace is equidistant from downtown San Mateo and Burlingame Avenue. Crocker Middle School (Hillsborough’s only public middle school) straddles its northern boundary, as does the Burlingame Country Club. Most of the residents in the neighborhood attend San Mateo High School, located in Bowie Estate neighborhood in San Mateo, while some are served by Burlingame High School. To search a high school by a specific address using a School Locator, click here.

Homeplace had one of Lower Hillsborough’s best-performing markets in 2021, gaining 47% in average home price from 2020 (51% median). In 2022, Homeplace lost some steam, finishing down 7% in average price ($7.421 million) and 12% in median ($7.64 million) — but still 37% and 34% ahead of 2020, when the COVID market interruption pushed the neighborhood in a new, more high-end direction. Eight-figure sales are no longer rare to Homeplace, which has now taken its place among the most exclusive Hillsborough neighborhoods, though you could argue that in 2022 any sales were rare. Only seven total homes sold in Homeplace last year, down 42% from 2021.

To view a detailed google map of the Homeplace neighborhood, click here. The MLS area is 448.

Favorable

  • Diverse housing stock

  • Assorted styles of homes with a wide range of sizes and prices

  • Just south of the Burlingame Country Club

  • Equidistant distance from downtown San Mateo and Burlingame Ave


  • 360

    Homes

  • $8.2M

    Median Sale Price

  • $7.8M

    Average Sale Price

Pricing data based on single-family homes

Homeplace on the Map

Hillsborough Real Estate Market Review

In my 12th annual review of the Hillsborough residential real estate market, I examine 2023 market trends and relevant sales statistics. You'll learn first-hand what’s happening in your neighborhood.

Schools & History

Schools

Looking at the 2020 performance of real estate in Homeplace, which sits adjacent to San Mateo Park, within walking distance of Burlingame Avenue, we see again the impact of outlier deals on a small sample size. In 2019, a pair of eight-figure deals drove the neighborhood average value to $6.52 million, an increase of 25% year-over-year and well above 2020’s average value of $5.42 million. Minus any $10 million-plus sales in 2020, Homeplace’s average DOM fell by 58%, to 24, and its sale price to list price ratio increased by 3% to 101.8%, among the highest in Hillsborough. Homes sold for between $4.2 and $8.2 million and the neighborhood’s 12 total sales were second-highest in Lower Hillsborough, behind Hillsborough Park.


History

The neighborhood’s roots are as clear as its name; “Home Place” was the name of Jennie Crocker Henderson’s mansion, located on what is now called, logically, “Home Place Court.” Homeplace’s tipping point came in 1954, when the Ford Foundation offered to invest many millions to turn Crocker Henderson’s estate into its Center for Advanced Study in Behavioral Science. The Hillsborough Town Council killed the proposal, paving the way for Homeplace residential development.

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