Hillsborough
Tobin Clark Estate
Tobin Clark Estate is one the most “unique” neighborhoods among Hillsborough neighborhoods
Tobin Clark Estate, Hillsborough’s southernmost district, is surrounded on most sides by San Mateo, and part of it abuts the College of San Mateo. Most of Tobin Clark Estate was originally the grounds of the Tobin Clark family estate, and it wasn’t developed until the 1970s. For this reason, Tobin Clark Estate is somewhat unique among Hillsborough neighborhoods. Tobin Clark Estate real estate is newer than the Hillsborough norm, with many homes built only in the last 20 years. A significant number date back no further than 2000.
The neighborhood’s topography is different as well. Many of Tobin Clark Estate’s streets lack the canopies of trees that define so many Hillsborough streets.
Since 2017, when homes built on the site of the former Tobin Clark estate sold for an average of $3.94 million, Tobin Clark real estate has gained 53% in value. This year, the average Tobin Clark home fetched $6.06 million on the open market, an increase of 8% from 2020 and actually something of a disappointment after recording a 26% increase from 2019-2020. More notable, perhaps, is Tobin Clark’s increase in sales activity. This year, 11 homes sold in Tobin Clark, an increase of 57% from 2020. This is only the second time Tobin Clark has recorded double-figure sales since 2016. During that time, annual sales have averaged 8.5.
To view a detailed google map of the Tobin Clark Estates neighborhood, click here. The MLS area is 444.
Favorable
Newer and larger homes
Many homes have serene canyon views and some homes have views of San Francisco Bay
Close to College of San Mateo
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274
Homes
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$4.75M
Median Sale Price
-
$4.89M
Average Sale Price
Pricing data based on single-family homes
Tobin Clark Estate
Stats & Trends
Home Data
Per tax records
3 Bedrooms
34
homes
4 Bedrooms
120
homes
5+ Bedrooms
120
homes
2022 Price Data
Number of Sales
4
sales
Percent List Price Received
98.1%
Median Sales Price
$4.75M
Average Sales Price
$4.89M
Lowest Sales Price
$3.2M
Highest Sales Price
$6.85M
Tobin Clark Estate on the Map
Hillsborough Real Estate Market Review
In my 12th annual review of the Hillsborough 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 Tobin Clark Estate is South Hillsborough Elementary, located in Brewer Subdivision neighborhood on El Cerrito Avenue. It is about a 9 minute drive from Tobin Clark Estates.
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 a 14-16 minute drive from Tobin Clark Estates.
Hillsborough does not have its own public high school. Most residents attend Aragon High School, located in Aragon neighborhood in San Mateo. To search a high school by a specific address using a School Locator, click here.
History
It’s easy to trace the history of the Tobin Clark area. The original 35,000 square-foot Tobin Clark estate, built for Hibernia Bank heiress Cebia Tobin Clark in 1930, is not only still standing, but it has been on and off the market for several years, with an asking price ranging from $30 million to $45 million. Cebia Tobin Clark wasn’t the only major original landowner in what is now Tobin Clark Estate. For several decades, a large plot located east of the Tobin Clark estate was the property of silver baron W.S. Hobart, who had a hunting lodge on the land. Hobart’s estate remained untouched until it was finally subdivided in 2004.
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