$2,999,000

Priced to sell! One of the last opportunities to create a legacy estate in Burlingame Hills. Set on approximately 0.82 acres, this exceptional property offers privacy, natural beauty, existing income, and the rare ability to rebuild a luxury main residence while preserving valuable existing improvements. Following the loss of the original residence in the 2025 fire, the property includes a fully permitted, separately metered guest house, detached three-car garage, pool, and substantial site infrastructure. The guest house and garage currently generate approximately $5,000 per month in rental income while plans are developed and construction proceeds. The property offers the opportunity to rebuild a main residence of approximately 4800 square feet on the existing footprint bypassing the planning dept. Existing utilities, driveway, mature landscaping, and site improvements provide significant value and reduce development time. A dramatic natural rock outcropping with walk-through caves, handcrafted stone stairways, and Bay views creates a setting unlike any other on the Peninsula that's attributed to Charles Fey, inventor of the Liberty Bell slot machine. This is a rare chance to create one of Burlingame's most distinctive private estates.