Burlingame
Ray Park
Ray Park is a picturesque rolling neighborhood located in North Burlingame. Most of the homes are one level ranch-style homes with a great deal of curb appeal, and are “newer” than homes in most other historic neighborhoods in Burlingame. Ray Park is walking distance to both top-rated Lincoln Elementary and Franklin Elementary Schools, as well as Burlingame’s only public middle school, Burlingame Intermediate School. The neighborhood is just minutes away from the southernmost BART stop (about a half hour direct to downtown San Francisco), the Millbrae exit at 101, and just down the hill from the 280 corridor, making it a convenient jumping off point for those who commute to Silicon Valley. It is also very close to the shopping center on the corner of Trousdale and El Camino which is home to Lunardi Foods, and the brand new Mills Peninsula Hospital just across the street, which opened in 2011. The $680 million hospital is arguably the most state-of-the-art in all of California
This small and popular neighborhood located northwest of Broadway cemented its status as an Easton Addition alternative last year, following a strong 2021 with an equally robust 2022. For the year, Ray Park saw average home values increase by 16%, to $3.171 million, and average DOM fall by 23%, to 10, while also realizing double-digit increases in price per square foot (16%, to $1,696, highest in Burlingame) and sale-to-list price ratio (11% to 122.9%, also the highest in Burlingame). Perhaps the biggest example of Ray Park’s transformation? As recently as 2020 43% of all Ray Park sales closed for less than $2 million; in 2022, only one home sold at that price point, while 78% of neighborhood homes sold for $3 million or higher.
To view a detailed google map of the Ray Park neighborhood, click here. The MLS area is 470.
Favorable
Tree-lined streets with more modern ranch-style homes
Walking distance to Franklin Elementary, Burlingame Intermediate and Ray Park.
Very close to Trousdale for popping up to 280 and only a few minutes to Millbrae BART
Adverse
Homes don't have the same historic feel as most in Burlingame
Hard to find a large original home in the neighborhood
-
459
Homes
-
$3.38M
Median Sale Price
-
$3.17M
Average Sale Price
Pricing data based on single-family homes
Ray Park
Stats & Trends
Home Data
Per tax records
2 Bedrooms
70
homes
3 Bedrooms
276
homes
4 Bedrooms
92
homes
5+ Bedrooms
21
homes
Duplex
55
homes
2022 Price Data
Number of Sales
9
sales
Percent List Price Received
123.5%
Median Sales Price
$3.38M
Average Sales Price
$3.17M
Lowest Sales Price
$1.96M
Highest Sales Price
$3.55M
Ray Park on the Map
Burlingame Real Estate Market Review
In my 13th annual review of the Burlingame 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
The elementary school for the neighborhood is Franklin Elementary, which is walkable from throughout the neighborhood.
There is one public middle school in Burlingame, Burlingame Intermediate School, which is located in the northern part of the neighborhood directly next to Franklin Elementary.
There is one public high school, Burlingame High, which is a 10 minute drive across town.
History
Ray Park is one of two neighborhoods (the other is Burlingame Village) that were developed during and immediately after World War II on the former Darius Ogden Mills Estate. The wealthy San Francisco industrialist Milton S. Ray developed Ray Park and gave the area his name. An avid ornithologist as well as an avid history buff, Mr. Ray named the streets in his development after explorers: Coronado, Marco Polo, and Quesada. Today, a clipper ship marks the entrance to Ray Drive at El Camino Real. Perhaps, the ship is a nod to the Bay Area company that Mr. Ray’s father founded in 1872: The Ray Burner Co. manufactured oil burners for ships. The area is within walking distance to the shops in Burlingame Plaza, the new Mills-Peninsula Hospital and the city’s one public intermediate school.
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