Photo courtesy of MLS and Sue Mahlstedt/Coldwell Banker
About the San Mateo Terrace/Beresford Neighborhood
Though the asking prices for San Mateo Terrace homes for sale have changed (to put it mildly) since 1947, the neighborhood profile is similar. Bohannon’s goal was to provide single-family homes priced within the reach of “average” workers and they’re still available to “average” - tech workers. San Mateo Terrace’s west side location adds a premium to its property values, but its smallish (most homes built during Bohannon’s development range in size between 1,000 and 1,500 square feet) houses have kept the neighborhood in the low- to mid-$1 millions range, though many larger view homes can sell for $1.7 to $1.9 million.
To view a detailed google map of the San Mateo Terrace/Beresford neighborhood, click here. The MLS area is 428.
By the time he reached San Mateo, Bohannon had already completed a large subdivision of 1,305 homes, called Belle Haven, in what is now East Palo Alto. His plans for San Mateo were far grander. In 1937, he purchased 800-plus acres of the former Beresford Estate with plans to build some 5,000 modestly-priced single-family homes. Work on 150-acre San Mateo Terrace began in 1947. Two-, three- and four-bedroom homes were priced between $12,000 and $20,000. Hillsdale High School was completed in San Mateo Terrace in 1955 to serve the rapidly growing population of San Mateo’s south end.
San Mateo Terrace/Beresford is one of the most desirable and popular neighborhoods in San Mateo
Tucked into a corner north of Hillsdale Boulevard and west of Alameda de las Pulgas, San Mateo Terrace is quiet, residential neighborhood whose bookends are Hillsdale High School and the Peninsula (nee Beresford) Country Club. Between these two landmarks live some 1,700 people, primarily families in single-family homes, who’ve been fortunate enough to buy homes in San Mateo’s desirable west side – without breaking the bank.