Hillsborough's top sale of 2005 has just closed escrow at $9,000,000. The approx. 12,532 sq. ft. mansion on El Arroyo Road was listed for $10,700,000 in February 2005. The sprawling Tudor estate is 76 years old on approx. 1.4 acres with pool and tennis court. The unforgettable 2-story grand staircase will always enthrall visitors. The home previously sold for $4,150,000 in November 1998 when it was listed for $4,500,000.
Two Hillsborough homes priced above $3,500,000 have also gone into escrow this week. 801 Lombardi Lane (cross street Hayne) was listed on August 11 for $3,695,000. This home features approx. 4340 sq. ft. on approx. .53 acre. It is due to close escrow in mid October. 10 Conifer Lane (cross street Barroilhet) has also quickly gone pending with just 5 days on the market. This 7 year old Tuscan Villa of approx. 3650 sq. ft. was listed for $4,500,000 on September 8, and due to close in early October.
Which high-end Hillsborough home is next to be sold? 610 Pullman showed very well today on broker tour, gleaming with like-new luxury and impressive new landscaping backdropped by Bay views. 2150 Forest View showcased sleek voluminous spaces and a great location for under $3M. Or....will the mystique and prestige of one of Hillsborough's ultimate locations draw the next sale?...707 Irwin Court on approx. 1.42 acres cul-de-sac setting......stay tuned to the blog! -Geoffrey