101 Spyglass Lane sets a new two-year high for Half Moon Bay at $3,935,000

Half Moon Bay's new ceiling is $3,935,000
$3,935,000. That is the number 101 Spyglass Lane recorded as sold on August 29, 2026, and it is the highest price the city has posted in at least two years. The previous two-year high was $3,695,000. This one cleared it by $240,000, or 6.5 percent — not a rounding error.
What the money bought: a five-bedroom home with 4,452 square feet of interior space on a 14,564-square-foot lot.
The subject record
| Address | 101 Spyglass Lane, Half Moon Bay |
|---|---|
| MLS | ML82041418 |
| Recorded as sold | August 29, 2026 |
| Sale price | $3,935,000 |
| Beds | 5 |
| Interior sq ft | 4,452 |
| Lot sq ft | 14,564 |
| Price per sq ft | $884 |
Recent comparable sales

| Address | Recorded | Price | Sq ft | $/sq ft |
|---|---|---|---|---|
| 116 Eagle Trace Drive | Aug 28, 2026 | $2,220,000 | 3,430 | $647 |
| 2329 Burning Tree Road | Aug 28, 2026 | $1,845,000 | 3,470 | $532 |
Both comps are five-bedroom homes in roughly the same size tier and both recorded a day earlier — yet Spyglass Lane came in $1,715,000 above Eagle Trace Drive and $237 per square foot above it, which tells you the spread at the top of this market is not gradual.
How it sits against the broader market

Among the 19 sales recorded in Half Moon Bay in the last 180 days, 101 Spyglass Lane is the highest-priced transaction. The city's median sale over that period was $1,700,000, which puts this home at 2.3 times the median. The range across those 19 sales ran from $853,000 to $3,935,000 — a spread that underscores how thin the top of the market is.
On a per-square-foot basis, Spyglass Lane recorded at $884. The 180-day market median is $857 per square foot. That 3.1 percent premium over the median price per foot is modest given the home trades at 131 percent above the median price — which means the gap between this property and the typical Half Moon Bay sale is driven primarily by size, not by an outsized per-foot premium. The story here is scale, not price intensity.
The median home that sold over the same period was 2,061 square feet. At 4,452 square feet, 101 Spyglass Lane is more than twice the median size. The size band covering 3,562 to 5,342 square feet contains exactly one recorded sale in the 180-day window: this one. There is no comparable recent data point within that band to triangulate against — Spyglass Lane is not the top of a trend so much as a single data point defining its own tier.

Year-over-year comparison is not available: the same 180-day window in the prior year produced zero recorded sales in the city's data.
What this means depending on where you stand
If you are a buyer in Half Moon Bay's upper range, this sale resets the reference point. The prior two-year ceiling was $3,695,000. That figure is now the floor of a conversation, not the ceiling. The two closest size-comparable sales came in at $2,220,000 and $1,845,000 — both smaller homes, both recorded a day earlier. The gap between those and Spyglass Lane is not bridged by a clean per-foot analysis; it is a different product in a different demand pocket.
If you own a large home in Half Moon Bay, a recorded sale at $884 per square foot in the 4,000-plus-square-foot category is the first data point of its kind in at least two years. One sale does not make a comp set, but it does make an argument.
If you are undecided, the relevant context is this: 19 sales over 180 days is a thin market. A single transaction at the top moved the two-year ceiling by 6.5 percent in one recorded event. In a market that trades this infrequently, outliers set records precisely because there is nothing nearby to stop them.
Tim McMullen · Tim McMullen, Broker · CA DRE #02016832
[email protected] · (415) 691-9272