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Listed by Jeffrey Katz • Jeffrey Katz,Broker, DRE#01733233
$3,450,000
Est. payment /mo
0.82 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82036980
Lot Size 0.817 Acres
Property Sub-Type Residential Lot
Property Description
One of the last opportunities to create a legacy estate in Burlingame Hills. Set on approximately 0.82 acres, this exceptional property offers privacy, natural beauty, existing income, and the rare ability to rebuild a luxury main residence while preserving valuable existing improvements. Following the loss of the original residence in the 2025 fire, the property includes a fully permitted, separately metered guest house, detached three-car garage, pool, and substantial site infrastructure. The guest house and garage currently generate approximately $5,000 per month in rental income while plans are developed and construction proceeds. The property offers the opportunity to rebuild a main residence of approximately 4800 square feet on the existing footprint bypassing the planning dept. Existing utilities, driveway, mature landscaping, and site improvements provide significant value and reduce development time. A dramatic natural rock outcropping with walk-through caves, handcrafted stone stairways, and Bay views creates a setting unlike any other on the Peninsula that's attributed to Charles Fey, inventor of the Liberty Bell slot machine. This is a rare chance to create one of Burlingame's most distinctive private estates.
Location
State CA
County San Mateo
Area Burlingame Hills / Skyline Terrace
Zoning R100S9
Exterior
Fence Partial Fencing
Utilities Available Public Utilities
Present Use Residential
Building
Lot Description Grade - Mostly Level
Sewer Sewer - Public
Water Public
Others
Tax ID 027-212-310
Horse Property No
Special Listing Condition Not Applicable
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Matt Cossell
Top 1% Realtor | License ID: 01382971
Top 1% Realtor License ID: 01382971