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3December 2014

New Construction in Lower South Hillsborough

Geoffrey C. Nelson

News of a brand new home in Hillsborough is always exciting...especially in a prime Lower South Hillsborough location. 250 Bridge Road has been purchased by Brewer Development LLC, and is slated to present a brand new home in the East Coast Shingled Hamptons style. Brewer Development recently built and sold 3115 Ralston, among others. Estimated completion for 250 Bridge Road is Fall 2015, and the home is being pre-marketed at $5,850,000 on MLS as a 5 bedroom with 3958 sq. ft. plus 288 sq. ft. basement. The lot is 16,988 sq. ft. and the "tear-down" home currently still standing was purchased this year for $2,695,000. Although the lot is under half-acre, this project reflects the value and desirability of anything in this prime location at $2.5-$3.2 as smart fixer-upper investments. The location is an easy walk to South Elementary and is comprised of grand estates of Bridge Road and nearby Fallen Leaf.

click image to enlarge floorplan

Senior Partner, Luxury Real Estate Group
Agent No. 01313666
1290 Howard Ave, Suite 201 , Burlingame , CA 94010
Phone: (650) 455-3735
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1290 Howard Ave, Suite 201 | Burlingame | CA | 94010 | United States
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