Business » Business & Real Estate

A world away in small S.F. suburb

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Even in the go-go Bay Area real estate market, deals still exist —albeit by regional standards.

Susan Chong of Coldwell Banker is currently marketing a Brisbane condominium at just over $1 million. What makes the price tag notable for the area is that this townhouse, the model home of its particular Brookfield Homes development, has more than 2,500 square feet and commands impressive views of the San Francisco Bay from its perch on San Bruno Mountain. One could easily spend more on a smaller place with fewer views in The City, though Brisbane living does demand a car.

"The two best things about the property are the privacy and the views," said homeowner Laura Bertagnolli, who is moving with her husband and two children to La Jolla to be closer to her parents. "We’re at the end of a cul-de-sac which is great for little kids. It’s an open space next to us, and no one can ever build on it. All the windows look out to the water."

The views also include the Baylands area, a large stretch of bayfront landfill that may be developed within the next decade, perhaps as retail and office space, subject to the will of Brisbane’s voters. There is every possibility that the next resident will get the chance to see the region change from a comfortable remove.

The heart of Brisbane, often called the "village," remains a "cute little town" with a neighborhood feel and mom-and-pop shops, Bertagnolli said.

Where: Brisbane

Asking price: $1,098,000 Property tax: $14,274*

What: 4 bedrooms, 2.5 baths, 2,817 square feet in the Viewpoint at the Ridge development

Amenities: San Francisco Bay views, proximity to parks, adjacent to open space on San Bruno Mountain, access to exercise room, clubhouse and hot tub, three private balconies.

Agent: Susan Chong, Coldwell Banker, (650) 773-7296

*Estimate based on 1.3 percent of asking price.