Hillsborough

Lakeview

Lakeview is one of the largest neighborhoods in Hillsborough

The neighborhood is located at Hillsborough’s western edge, and according to local lexicon is often referred to as “Upper Hillsborough”. It is also very convenient to Highway 280, and its streets are the gently curved lanes and cul-de-sacs predominant in subdivisions of the latter 20th Century.

There is no lake within Lakeview’s boundaries, but the neighborhood is in proximity to the Crystal Springs Reservoir, a pair of man-made lakes that cover what was once Laguna Grande Lake and the now-submerged resort town of Crystal Springs. Lakeview itself was sparsely populated into the 1950s, when the neighborhood was first subdivided for significant development.

The news is all good for sellers in Lakeview, Hillsborough’s second-most popular neighborhood for sales in 2024. After suffering an off-year in 2023, Lakeview rebounded last year with 16 sales (up 33%, but still a long way from 2021’s total of 32, most in the city that year) and an average home value of $5.278 million, an increase of 24%. Meanwhile, average DOM fell by more than 20%. One caveat is one 15,000 square-foot new build sold for $14.75 million. Without this one sale, Lakeview’s average home price falls to $4.49 million, though its average DOM drops from 52 to 42 and its average price per square foot rises to $1,262.


To view a detailed google map of the Lakeview neighborhood, click here.

Favorable

  • 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

Adverse

  • Homes are smaller than those in surrounding neighborhood

  • 657

    Homes

  • $4.08M

    Median Sale Price

  • $4.51M

    Average Sale Price

Pricing data based on single-family homes

Lakeview on the Map

Hillsborough Real Estate Market Review

In my 13th annual review of the Hillsborough residential real estate market, I examine 2024 market trends and relevant sales statistics. You'll learn first-hand what’s happening in your neighborhood.

Schools & History

Schools

Lakeview is served by West Hillsborough Elementary, located in Carolands neighborhood. It’s about a 4 minute drive from Lakeview.

There is one public middle school in Hillsborough, Crocker Middle School, which is located in the Country Club Manor neighborhood on Ralston Avenue. It’s about an 8-10 minute drive from Lakeview.

Hillsborough does not have its own public high school. Most residents attend San Mateo High School, located in San Mateo on North Delaware Street. To search a high school by a specific address using a School Locator, click here.

History

Lakeview was built out mostly between 1950 and 1980 – half of the homes sold in 2011 were built between 1971 and 1980 and about a third were constructed during the 1950s – and a few outliers. With its relatively inexpensive property costs, Lakeview attracts its share of buyers looking to “raze and rebuild.”

team photo.

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