Burlingame's top neighborhoods, the Easton Addition and Burlingame Park, have defined the height of the market for decades. For 2021, each neighborhood is performing at a high standard on limited supply. These two preferred westside enclaves are distinctly their own. The Easton Addition is most well known for its profusion of newer constructions that replaced the circa 1910s-1920s bungalows of yesteryear that have since succumbed to the bulldozer. As you cruise through Easton's tree-lined streets such as Drake, Cortez, Cabrillo, and Vancouver, you will notice a cozy density of grand homes due to many designs maximizing their allowable footages on an average lot size of 6,000 sq. ft. The Easton Addition continues to define itself as a lively family zone linked to Burlingame's highest scoring schools and holiday spirit such as its Halloween extravaganza. Cabrillo Avenue is truly over the top for its Halloween epic...all of which reflects this area's neighborly spirit. While timelessly picturesque, most Easton Addition blocks are far enough north to make walking to Burlingame Avenue prohibitive. Burlingame Park, by contrast, is known for its proximity to downtown Burlingame and quiet historic feel more akin to neighboring Hillsborough. Larger lot sizes are the norm, some topping quarter-acre to half-acre. Streets such as Chapin, Pepper, and Elm showcase the feeling of heritage architecture spread out on larger lots, not unlike neighborhing San Mateo Park. Burlingame Park also offers the closest proximity to Burlingame Avenue, a pleasant stroll of no more than 15 minutes (5-10 minutes for most streets). With less new construction development as the Easton Addition, Burlingame Park could be considered "Old Burlingame" at its finest. Both neighborhoods are now regularly posting comps at over five million dollars. Burlingame Park is also home to one of the finest properties in the City, 405 Chapin Lane, which last sold in 2020 for $6,750,000. The Easton Addition and Burlingame Park probably only 1-2 years away from seeing the six million bracket as the new norm for the high-end.
For 2021 as of this writing, the Easton Addition recorded an average days on market of just 16 days. The average price per sq. ft. was $1,358. Burlingame Park (as of this writing) is posting an average price per sq. ft. of $1,375, with the top sale so far at $6,800,000 at 132 Elm. The second highest sale is 113 Costa Rica at $5,100,000 for $1,717 per sq. ft.
Geoffrey C. Nelson, Luxury Home Specialist. Coldwell Banker Realty, Burlingame. Contact here
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