Property Overview:
2760 Summit Dr is a single-family home in unincorporated San Mateo County, near Hillsborough and Burlingame, CA. Built in 1955, it offers 3 bedrooms, 2 bathrooms, and 2,020 sq. ft. of living space. The property is a “fixer-upper” in need of complete renovation, sold AS-IS with court confirmation required and available by overbid. The estimated home value is $2,019,000. The lot size is nearly half an acre with mountain views and privacy. Approved architectural plans exist for a modern two-story home over 5,000 sq. ft. with a 3-car garage.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3.8% (lower than state average of 11.8%)
- Property crime risk: 6.2% (lower than state average of 10.8%)
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Schools:
Nearby schools: Hoover Elementary, Burlingame Intermediate, Mills High- Average SAT score: 1071 (higher than state average of 975)
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Job Market:
- 73.2% white-collar jobs, 26.9% blue-collar jobs
- Unemployment rate: 1.9% (lower than state average of 4.7%)
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Demographics:
- Community population: 38,645 (16% growth since 2000)
- 62% families with children
- Largest age group: 45-54 years (16.79%)
- Second-largest: 35-44 years (15.31%)
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk
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Weather:
- Average temperature: 50.5°F (January), 64.4°F (July)
- Average rainfall: 18.8 inches/year
- Average snowfall: 0 inches/year
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Cost of Living:
- Median household income: $131,441
- Average annual spending: $79,704
Property Features:
- Mid-century home with mountain views and privacy
- Fixer-upper: Needs complete renovation
- Sold AS-IS with court confirmation required
- Approved plans for a modern 2-story home (over 5,000 sq. ft.) with a 3-car garage (~798 sq. ft.)
- Lot size: Nearly half an acre
- Current home: 3 bedrooms, 2 bathrooms, 2,020 sq. ft.
- Parking: Attached 2-car garage
- Heating: Central forced air - gas
- No cooling system
- Zoning: R10000
Location Benefits:
- Close to Hillsborough and Burlingame
- Amazing mountain views and lots of privacy
- Rare opportunity to build a large custom home in the peninsula
- Family-friendly community with top-rated schools
- Convenient access to amenities and major highways