1561 Newlands in Burlingame Park has just closed escrow at $1,040,000. Reported on my Blog January 6, the home was listed at the beginning of the year for $928,000 and quickly attracted multiple offers. This home, across from popular Pershing Park, enjoyed a flat 7,500 sq. ft. lot. The home itself was in original condition. Whether for its land value or an elbow grease remodel, it's a nice sign to see multiple buyers competing for this property.

If you may be looking for a similar property, please contact me. I currently have a fixer upper/tear down property in the prime Easton Addition off the MLS for now. Geoffrey (650) 455-3735

And please don't forget the handy "Sales Prices" button on this Web site (middle bar above) where you can quickly track the actual closed sales prices in all towns.