One of the largest neighborhoods in Hillsborough, Lakeview is also one of the busiest, real estate-wise. Lakeview real estate was very active in 2011, with approximately 20 homes sold. A significant percentage of them closed escrow for between $2.5 and $3.5 million.
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. The neighborhood’s housing consistency translates to market consistency -- and hot market activity. 21 homes sold in Lakeview in 2017, giving it one of Hillsborough’s most active real estate markets.
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.
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||none|
|2 Bedroom Homes||9|
|3 Bedroom Homes||150|
|4 Bedroom Homes||330|
|5+ Bedroom Homes||168|
|Number of Sales||13|
|Percent List Price Received||98.0%|
|Median Sales Price||$3,400,000|
|Average Sale Price||$3,547,000|
|Lowest Sale Price||$2,800,000|
|Highest Sale Price||$5,700,000|
Hillsborough Real Estate Market Review
Each year Raziel publishes this award winning annual review of the Hillsborough real estate market.