Hillsborough suddenly has two new modern homes under construction that have been listed on the market for over $22,000,000. 950 Macadamia in Skyfarm listed at $22,480,000 and nearing completion; and 165 Woodridge Road (pictured), $22,880,000 in the hills above Crystal Springs in the Lakeview area. Both promise stunning views and the kind of modern design typically seen in Beverly Hills or other Southern California luxury markets. Is this the beginning of a new norm for $20M+ luxury compounds in Hillsborough? Let's see what they sell for first! Historically, we know that this price bracket in Hillsborough is usually reserved only for multi-acre legacy estates such as 835 Chiltern (Chiltern Castle), 891 Crystal Springs Road (De Guigne/Musk Estate), and 40 Verbalee Lane (Tobin Clark Estate). But if these two new homes attract $20M sales, it could be the genesis for a new Hillsborough price bracket akin to what we see in Atherton, Los Altos Hills, and Woodside.
Trickle-Up Dynamics to Create a New $20M Bracket?
-
Blog
-