Two developers, Trousdale and Murchison, built 200 homes in Mills Estate. Later, other developers joined the party. Today, Mills Estate has a population of more than 6,000. The large (1.5 square miles) district includes within its boundaries well-regarded Mills High School and Franklin Elementary School, along with a pair of large shopping centers on El Camino Real.
Mills Estate real estate is at the top of the Millbrae market. Large homes, with three, four or five bedrooms, built between 1954 and 1970, with 2,000 square feet of living space and above, large lots and bay views, tend to command prices of $1.2 million and up.
Mills Estate is not a pedestrian-friendly “streetcar suburb.” The neighborhood as a whole has a walkscore of 22, though it’s still just around five minutes by car down the hill. Nor is it a place for those who love traditional, early 20th-century architectural styles. Its popularity is based on more recent lifestyle ideals — space, luxury and privacy – that are proving to be just as lasting.
Home Data per tax records
|Single Family Homes|
|1 Bedroom Homes||none|
|2 Bedroom Homes||7|
|3 Bedroom Homes||528|
|4 Bedroom Homes||292|
|5+ Bedroom Homes||62|
|Number of Sales||45|
|Percent List Price Received||108.6%|
|Median Sales Price||$1,960,000|
|Average Sale Price||$1,792,000|
|Lowest Sale Price||$500,000|
|Highest Sale Price||$2,800,000|