Lakeview Hillsborough, CA
One of Hillsborough's designated neighborhoods, in the southern hills, and the town's busiest market.
Living in Lakeview
Lakeview sits at Hillsborough's western edge, the area locals often call “Upper Hillsborough.” There's no lake inside it; the name points to nearby Crystal Springs Reservoir. The area was sparsely settled until the 1950s, when it was first subdivided, and most homes date from the 1950s through the '70s: ranches on half-acre lots and hillside split-levels on curving lanes and cul-de-sacs. It's Hillsborough's busiest neighborhood, with 22 sales in the last 12 months and 236 since 2015, and one of its strongest performers: the median rose about 64% from 2015–16 to 2024–25, well ahead of the town's 34%, with a 12-month median around $5.78M.
Parking & walkability: Homes have driveways and multi-car garages, and Hillsborough has no sidewalks; the hilly, winding roads make this a driving neighborhood. Downtown San Mateo and the Highway 92 corridor are a few minutes away, and Highway 280 is close for trips down the Peninsula.
What homes in Lakeview are doing
Single-family homes in Lakeview sold for a median of about $2.94M in 2015–16 and $4.81M in 2024–25, a 64% increase, ahead of Hillsborough as a whole (+34%). In 2025, homes here sold quickly (median 14 days on market) and close to asking (100.0% of list price on average). So far in 2026 (14 sales through September), the median is $5.17M.
Median single-family price, 2015–2026
* 2026 covers January through September. Hollow dots mark years with fewer than 3 single-family sales; treat those medians as rough. 236 single-family sales since 2015.
| Year | Sales | Median price | $/sq ft | Days on market | Sale-to-list |
|---|---|---|---|---|---|
| 2026 (Jan–Sep) | 14 | $5.17M | $1,350 | 17 | 100.1% |
| 2025 | 20 | $4.96M | $1,334 | 14 | 100.0% |
| 2024 | 16 | $4.63M | $1,225 | 23 | 100.0% |
| 2023 | 12 | $3.95M | $1,194 | 42 | 96.3% |
| 2022 | 20 | $4.36M | $1,264 | 16 | 100.0% |
| 2021 | 32 | $4.21M | $1,163 | 12 | 102.2% |
| 2020 | 34 | $3.74M | $1,059 | 24 | 98.2% |
| 2019 | 21 | $3.5M | $1,035 | 15 | 100.7% |
| 2018 | 16 | $3.33M | $1,188 | 29 | 97.3% |
| 2017 | 25 | $3.2M | $905 | 31 | 97.7% |
| 2016 | 13 | $2.95M | $939 | 22 | 98.3% |
| 2015 | 13 | $2.92M | $962 | 17 | 98.8% |
Lakeview on the map
Borders are built lot by lot from the county's property lines and where homes have been listed (MLS neighborhood codes), and stay inside official city limits (dashed), so a home or two along an edge may differ from official MLS lines.
Other Hillsborough neighborhoods
Thinking about buying or selling in Lakeview?
I can pull the exact comps for your street and walk you through what they mean.
Source: MLSListings, Inc. closed sales, 2015–September 2026, summarized by Drew Lehr. Neighborhood figures combine the MLS area(s) that make up Lakeview; where there are several, yearly figures are sales-weighted. Information deemed reliable but not guaranteed.