Photos: Hillsborough mansion once owned by a Walmart founder listed for $11.5 million

August 5, 2026 - 22:21

A sprawling estate in Hillsborough, once owned by a member of the family that founded Walmart, has just been listed for $11.5 million. The property, which blends classic elegance with modern updates, offers a rare slice of history in one of the Bay Area's most exclusive enclaves.

The home sits on over two acres of manicured grounds, featuring mature oak trees, rolling lawns, and sweeping views of the surrounding hills. The main residence spans roughly 9,000 square feet, with five bedrooms and seven bathrooms. Interiors include high ceilings, large windows that flood the space with natural light, and a layout designed for both grand entertaining and everyday comfort. A gourmet kitchen opens to a family room, while the primary suite occupies its own wing with a sitting area and spa-like bath.

Outside, the estate includes a pool, a tennis court, and multiple terraces for al fresco dining. There is also a separate guest house, ideal for visitors or staff. The property has been carefully maintained and updated over the years, preserving its original character while adding contemporary amenities.

Hillsborough is known for its privacy and large lots, and this listing is no exception. The estate is set back from the road behind gated entry, offering seclusion without sacrificing convenience. It is minutes from downtown Burlingame and easy access to San Francisco and Silicon Valley.

The seller is a descendant of the Walton family, though the home has changed hands since the original ownership. The listing agent describes the property as a once-in-a-generation opportunity, noting that homes of this scale and provenance rarely come to market in the area.

With its combination of history, location, and sheer presence, the estate is expected to draw serious interest from buyers seeking a landmark property in the Peninsula. The $11.5 million price tag reflects both the size of the parcel and the rarity of the offering. Showings are by appointment only, and the agent says early interest has already been strong.