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Homebuyers and sellers are navigating a slow and expensive housing market, with rising prices and stagnant demand on the sidelines. This comes amid rising and growing . But luxury homes—multimillion-dollar estates, sleek penthouses, and one-of-a-kind custom builds—are , even as most buyers pull back.

Most people can't afford high-end homes, although they're still fun to dream about. So, to highlight where luxury real estate is commanding the highest prices, Redfin analyzed the most expensive neighborhoods in the San Francisco metro area—and showcased a few of the area's standout listings (when possible).

Note: Redfin's analysis focused on metro areas, meaning some neighborhoods fell within smaller nearby cities. Listings and data were gathered on October 15, 2025.

#1. West Atherton (Atherton, CA)

2 Callado Way, Atherton, CA 94027
- List price: $11,180,000
- Beds: 5 | Baths: 4.5 | Square feet: 6,000
- See 2 Callado Way, Atherton, CA 94027 on

241 Polhemus Ave, Atherton, CA 94027
- List price: $29,995,000
- Beds: 6 | Baths: 8 | Square feet: 10,772
- See 241 Polhemus Ave, Atherton, CA 94027 on

35 Barry Ln, Atherton, CA 94027
- List price: $24,988,000
- Beds: 6 | Baths: 8 | Square feet: 11,257
- See 35 Barry Ln, Atherton, CA 94027 on

88 Tuscaloosa Ave, Atherton, CA 94027
- List price: $49,888,000
- Beds: 9 | Baths: 13.5 | Square feet: 16,942
- See 88 Tuscaloosa Ave, Atherton, CA 94027 on

#2. West Menlo (Menlo Park, CA)

1001 Olive St, Menlo Park, CA 94025
- List price: $7,395,000
- Beds: 5 | Baths: 5.5 | Square feet: 3,522
- See 1001 Olive St, Menlo Park, CA 94025 on

1015 Mallet Ct, Menlo Park, CA 94025
- List price: $2,650,000
- Beds: 2 | Baths: 1.5 | Square feet: 1,410
- See 1015 Mallet Ct, Menlo Park, CA 94025 on

1715 Bay Laurel Dr, Menlo Park, CA 94025
- List price: $7,950,000
- Beds: 5 | Baths: 4.5 | Square feet: 5,256
- See 1715 Bay Laurel Dr, Menlo Park, CA 94025 on

705 Evergreen St, Menlo Park, CA 94025
- List price: $6,188,000
- Beds: 5 | Baths: 3.5 | Square feet: 3,400
- See 705 Evergreen St, Menlo Park, CA 94025 on

#3. Carolands (Hillsborough, CA)

1600 Marlborough Rd, Hillsborough, CA 94010
- List price: $21,170,000
- Beds: 7 | Baths: 7.5 | Square feet: 9,310
- See 1600 Marlborough Rd, Hillsborough, CA 94010 on

1620 Marlborough Rd, Hillsborough, CA 94010
- List price: $21,170,000
- Beds: 3 | Baths: 2 | Square feet: 2,645
- See 1620 Marlborough Rd, Hillsborough, CA 94010 on

3085 Ralston Ave, Hillsborough, CA 94010
- List price: $14,995,000
- Beds: 5 | Baths: 6.5 | Square feet: 10,495
- See 3085 Ralston Ave, Hillsborough, CA 94010 on

414 Pinehill Rd, Hillsborough, CA 94010
- List price: $9,500,000
- Beds: 5 | Baths: 5 | Square feet: 8,350
- See 414 Pinehill Rd, Hillsborough, CA 94010 on

#4. Lakeview (Hillsborough, CA)

1221 Kenilworth Rd, Hillsborough, CA 94010
- List price: $10,900,000
- Beds: 8 | Baths: 9 | Square feet: 6,361
- See 1221 Kenilworth Rd, Hillsborough, CA 94010 on

1340 View Haven Rd, Hillsborough, CA 94010
- List price: $5,249,000
- Beds: 5 | Baths: 4.5 | Square feet: 3,460
- See 1340 View Haven Rd, Hillsborough, CA 94010 on

45 Calaveras Ct, Hillsborough, CA 94010
- List price: $11,800,000
- Beds: 8 | Baths: 7 | Square feet: 7,132
- See 45 Calaveras Ct, Hillsborough, CA 94010 on

5 Drayton Rd, Hillsborough, CA 94010
- List price: $7,195,000
- Beds: 4 | Baths: 3.5 | Square feet: 4,485
- See 5 Drayton Rd, Hillsborough, CA 94010 on

#5. Central Portola Valley (Portola Valley, CA)

210 Cervantes Rd, Portola Valley, CA 94028
- List price: $4,488,888
- Beds: 5 | Baths: 4 | Square feet: 2,960
- See 210 Cervantes Rd, Portola Valley, CA 94028 on

300 Cervantes Rd, Portola Valley, CA 94028
- List price: $3,995,000
- Beds: 3 | Baths: 2.5 | Square feet: 2,980
- See 300 Cervantes Rd, Portola Valley, CA 94028 on

40 Tagus Ct, Portola Valley, CA 94028
- List price: $6,988,000
- Beds: 4 | Baths: 3 | Square feet: 2,940
- See 40 Tagus Ct, Portola Valley, CA 94028 on

415 Golden Oak Dr, Portola Valley, CA 94028
- List price: $5,499,000
- Beds: 4 | Baths: 3.5 | Square feet: 4,297
- See 415 Golden Oak Dr, Portola Valley, CA 94028 on