Lakeview was the only Hillsborough neighborhood where homes averaged less than $4 million in value last year, making it the “entry-level” neighborhood in one of the Bay Area’s most exclusive communities. Its 32 overall sales were 60% more than recorded in 2019 and almost double that of the next-busiest Hillsborough neighborhood, Carolands (17). Lakeview transactions added up to almost 25% of overall sales in Hillsborough. Buyers snapped up properties in an average of 25 days, 22% less than in 2019, and paid an average of $3.94 million for their homes, 9% more than they paid in 2019.
Lakeview real estate was dominated by an early wave of ranch-style homes and later development of neo-traditional multi-story residences, with homes often smaller than those in surrounding neighborhoods. Some properties have less than 3,000 square feet of interior living space. Most, however, fall between 3,000 and 4,000 square feet, with four or five bedrooms. Lots measure between a half-acre and an acre, and many homes have canyon views.
To view a detailed google map of the Lakeview neighborhood, click here.
- Homes have bigger lots, measuring between a half-acre and an acre
- Diverse styles of homes, including ranch-style homes and neo-traditional multi-story residences
- Close proximity to Crystal Springs Reservoir and convenient Highway 280
- Homes are smaller than those in surrounding neighborhood
Home Data per tax records
|Single Family Homes|
|1 Bedroom Homes||0|
|2 Bedroom Homes||9|
|3 Bedroom Homes||150|
|4 Bedroom Homes||330|
|5+ Bedroom Homes||168|
|Number of Sales||24|
|Percent List Price Received||100.2%|
|Median Sales Price||$3,743,000|
|Average Sale Price||$3,892,000|
|Lowest Sale Price||$2,400,000|
|Highest Sale Price||$6,113,000|
Hillsborough Real Estate Market Review
Each year Raziel publishes this award winning annual review of the Hillsborough real estate market.