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More Big News in Hillsborough High-End Market

With a robust Q4 2012, Hillsborough's high-end over four million was poised for more big news. Today 3115 Ralston Avenue (pictured), a new construction with a "New Mansion Row" location on 1.7 acres has been marked sale pending in MLS. The list price at time of sale was $12,700,000. The tear-down/lot was purchased by developer Mark Sinclair in 2010 for $3,000,000. The list price of the new Italian-inspired, 12,900 sq. ft. estate was as high as $14,500,000 and $13,700,000, before being reduced to $12,700,000 in the recent marketing phase. The lot is idiosyncratic with a terraced downslope and two Ralston driveway approaches. The base of the lot runs down to Pinehill. With pool, tennis court, home theater, and many tech bells and whistles, the Bay-view Hillsborough home is a blend of European inspiration and modern luxury. If this sale closes, it will culminate an impressive $10M+ sales run for Hillsborough's New Mansion Row over the last 2-3 years.

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