Mills Estates continued to find its place as one of Burlingame’s most sought-after neighborhoods in 2021, finishing the year with an average home price of $3.32 million, $11,000 above high-profile Easton Addition. That figure was 14% higher than 2020’s $2.918 million, as buyers flocked to Mills’ large (homes sold in 2021 averaged almost 2,500 square feet), mostly single-story mid-century homes, snapping them up in only 12 DOM on average, second-lowest in all of Burlingame. Since 2017, Mills Estate real estate has increased its average value by 43% and yet the neighborhood remains a solid value by Burlingame standards. Its average price per square foot in 2021, $1,346, was only seventh-highest among Burlingame neighborhoods.

To view a detailed google map of the Mills Estates neighborhood, click here. The MLS area is 472.

Favorable

• Open floorplan homes mostly built in the 1960s

• Opportunity for larger square footage and larger lot

• Close to 280 and easy to pop down Trousdale to the Millbrae BART station

• Many homes have sweeping bay views

Adverse

• Does not have a typical Burlingame older home feel

• Not close to Burlingame Ave and Broadway

• Hilly, though some streets are level

San Mateo has it all: a diversity of neighborhoods, great parks, easy access, a plethora of shopping, and home to many businesses and an anchor for employment on the peninsula. With a rich heritage, dating back to the turn of the century with its most famous resident being A.P. Giannini, the founder of the Bank of Italy and later Bank of America, San Mateo offers a delightful spread of activity for all. The downtown area is studded with delicious restaurants and a variety of retail stores, and also boasts a 12 screen movie theatre and one of the largest wine cellars in the country, at Draeger’s Grocery Store. Shopping abounds at Hillsdale and Bridgepointe as well as the many neighborhood shopping centers.

Perhaps the most well known natural area is Coyote Point, a rock outcropped peninsula that juts into San Francisco Bay and home to a natural history museum, the Peninsula Humane Society, windsurfing, a private marina, and large picnic areas with uplifting vistas. Within walking distance of downtown, Central Park has something for everyone: ride the toy train, pick up a game of tennis, take a serene walk through the Japanese Garden, have a picnic while listening to Thursday evening’s Jazz in the Park, or enjoy the playgrounds.

San Mateo attracts a variety of homeowners, from those seeking their first home in the upcoming neighborhoods of the Village, Parkside, or Shoreview, to those looking for more a little more space in Hillsdale or the Meadows, to larger families seeking the spaciousness offered by San Mateo Park, Baywood, and Aragon.