Information March 10, 2019

Neighborhood Highlights: Featuring Old Palo Alto, 94301


Old Palo Alto is  one of the most prestigious and affluent neighborhoods in the country, ranking 6th amongst the most expensive zip codes in the nation. The median home price here is $4.4M, which has more than doubled in the last 10 years. Interestingly, on the north side of this area, the turnover rate has gone up almost 3/4 of a percent, an historic 15 year high!  So, if you want to move into this neighborhood, we have a unique window of opportunity with more homes to chose from.

This neighborhood is beautiful! The sweet fragrances of magnolia, azaleas, hydrangeas, and roses fill the treelined streets. Take an early morning walk through this parklike setting and enjoy the blessings of the day!

Old Palo Alto lies between Embarcadero Road to the north, Oregon Expressway to the south, Middlefield Road to the east, and Alma Street to the west, near to prestigious Stanford University. If you’re looking for city fun, the Palo Alto and California Avenue Caltrain stations are a short stroll away, providing easy access to beautiful San Francisco, or an easy commute to San Jose.

We have an eclectic mix of architectural styles here, from Eichler, tudor, modern, and craftsman. In addition, the lot sizes range from 10,000 sf to half an acre. This may explain the difference between the median price, at $4.4M, to average price at $5.3M.

This Old Palo Alto neighborhood is an attractive draw for tourists and residents alike.

Not only is it beautiful, but several of Silicon Valley’s best-known innovators – including late Apple CEO, Steve Jobs and Google co-founder, Larry Page – have called this neighborhood home. Former San Francisco 49ers quarterback Steve Young also reportedly owns a house in Old Palo Alto.

Located near the neighborhood’s northern boundary, the Elizabeth F. Gamble Garden features 2.5 acres of plants and trees and is free to the public and open seven days a week. Adjacent to Gamble Garden is the Palo Alto Lawn Bowls Club, which offers free Sunday classes and holds tournaments throughout the year.

Neighborhood children attend Walter Hays elementary school, Green Middle, Palo Alto High school, all within the  Palo Alto Unified School District, which is the #1 ranked school district in California. The high score is due in part from their academic rigors, but also on account of diversity.

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