Nikil Balakrishnan
Responds Quickly
Realty World Premier Properties
(669) 666-6717
9 Total Sales
1 in Palo Verde
$4,300,000 Price
Palo Verde
Suburban Neighborhood in Palo Alto, California
Santa Clara County 94303
$3,372,735
Average Value
$1,957
Average Price per Sq Ft
Palo Verde’s distinctive home styles and direct connection to the businesses of Silicon Valley make this Palo Alto neighborhood one of the most sought-after homebuying markets in the entire state. “There’s a very cool style to Palo Verde thanks to all the Eichler-designed houses that really make the neighborhood stand out,” says local librarian Robert Novak. “It’s also squarely in the middle of some major hubs of Silicon Valley businesses, so you see a lot of business-minded people come to this area.”
The narrow streets spreading through Palo Verde contain long lines of Eichler-designed homes that define California Contemporary. These beloved designs sport streamlined features like flat roofs with post-and-beam construction, an abundance of exposed wood and splashes of eccentric colors. Most of these modern masterpieces come with compact front lawns filled with diverse plant life standing along sidewalks lined with bushy trees and streetlamps. Some streets have more traditional Craftsman-inspired designs yet retain the charming surroundings of their contemporary neighbors. Timelessly designed townhomes offer simplified surroundings at prices ranging from $1.5 million to $2 million. The coveted California Contemporary homes range from $2.5 million for a two-bedroom ranch, with more elaborate designs and larger floor plans fetching as high as $5 million.
Just to the other side of Bayshore Road lies a treasure trove of outdoor activity easily accessible to residents of Palo Verde. The Baylands Nature Preserve contains vast swaths of marshlands featuring more than 15 miles of trails that spread across one of the most popular bird-watching destinations on the West Coast. Directly adjacent to the Baylands is the Stevens Creek Shoreline Nature Area, an equally impressive piece of the coastline featuring lakeside parks, a kite flying area and Shoreline Amphitheater, one of California’s premier music venues hosting large-scale festivals and major touring attractions throughout the year.
Sporting folks have much to love about living in Palo Verde. Both Baylands and Shoreline also feature their own championship-level golf courses, making Palo Verde a hotspot for golf aficionados. Diversify your workouts at the Palo Alto Family YMCA, a locally run non-profit providing a wide range of personalized training programs and classes appropriate for all fitness levels. Mix it up and bring your workout group to Palomo Archery, where certified instructors can help you safely become an expert archer. Hoping for a more educational experience? The Foster Museum displays the works of celebrated local artist Tony Foster, known for using watercolor to capture the natural beauty from his travels across the American West.
Young students coming to Palo Verde get to start their educations with the neighborhood’s namesake school, Palo Verde Elementary, which Niche grants an A+ rating while also calling it the No. 18 best public elementary school in the entire state. A short drive down East Meadow Drive takes middle school students to Jane Lathrop Stanford Middle School, which Niche honors as the Bay Area's No. 1 middle school. Most Palo Verde students move on to Henry M Gunn High School, a California Distinguished School and Niche’s No. 1 public high school in the state, thanks to an extensive list of AP classes, accredited STEM programs and more than 90 student clubs and organizations.
Palo Verde’s residents have their fingers on the pulse of Silicon Valley thanks to a distinct aesthetic that screams modern California and a direct connection to the region’s most illustrious parks and schools.
Written By
Alex Falls
Photography Contributed By
Marcel De Lima
Video By
Ellie Brown
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Agents Specializing in this Area
-
Nikil Balakrishnan
-
Molly Foy Rich
Molly Foy Rich
Midtown Realty
(650) 695-6921
28 Total Sales
2 in Palo Verde
$3.3M - $3.9M Price Range
-
Betzahire Pelayo
Betzahire Pelayo
Keller Williams Palo Alto
(650) 646-7290
23 Total Sales
2 in Palo Verde
$2.8M - $3.3M Price Range
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Daniel Sullivan
Daniel Sullivan
Responds QuicklyKW Bay Area Estates
(669) 208-7855
51 Total Sales
1 in Palo Verde
$4,150,000 Price
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Julie Wyss
Julie Wyss
Responds QuicklyKW Bay Area Estates
(669) 600-0722
301 Total Sales
1 in Palo Verde
$1,775,000 Price
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Hilta Duan
Hilta Duan
Responds QuicklyH2D Realty
(669) 201-4547
38 Total Sales
1 in Palo Verde
$1,860,000 Price
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- 6th to 8th
- Public
- K to 5th
- Public
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Parks in this Area
Mitchell Park
- Grills
- Picnic Area
- Soccer
Hoover Park
Wyandotte Park
- Picnic Area
- Playground
- Multi-Purpose Field
Henry Seale Park
Ramos Park
- Basketball
- Playground
- Multi-Purpose Field
Del Medio Park
- Bike Trails
- Picnic Area
- Trails
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Palo Verde | US |
|---|---|---|
| Homicide | 1 | 4 |
| Sexual Assault | 1 | 4 |
| Assault with Weapon | 1 | 4 |
| Robbery | 2 | 4 |
| Burglary | 3 | 4 |
| Motor Vehicle Theft | 3 | 4 |
| Larceny | 3 | 4 |
| Crime Score | 2 | 4 |
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Palo Verde, Palo Alto sell after 13 days on the market compared to the national average of 47 days. The average sale price for homes in Palo Verde, Palo Alto over the last 12 months is $3,592,277, up 6% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$3,661,000
Median Single Family Price
$3,685,500
Median 2 Bedroom Price
$1,400,000
Average Price Per Sq Ft
$1,957
Last 12 months Home Sales
36
Median List Price
$3,275,000
Median Discount From 1st List Price
-10%
Median Home Sale Price YoY Change
12%
Home Facts
Number of Homes in Neighborhood
922
Median Year Built
1958
Avg. Single Family Home Size Sq Ft
1,965
On par with the national average
1,935
Average 2 Bedroom Size Sq Ft
1,141
Median Lot Size Sq Ft
6,969
Distribution of Home Values
Homes for Rent
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
2,675
Median Age
46
Population Density
6 ppl/acre
Population under 18
23.4%
On par with the national average
23.8%
Population over 65
22.7%
On par with the national average
19.1%
Finances
Median Household Income
$250,777
Significantly above the national average
$71,702
Average Household Income
$249,196
Education and Workforce
High School Graduates
100%
College Graduates
93.6%
Significantly above the national average
34.1%
Advanced Degrees
60.9%
Significantly above the national average
13.3%
% Population in Labor Force
63%
Weather
Annual Precipitation
14''
Average Winter Low Temperature
39°F
Average Summer High Temperature
80°F
Annual Snowfall
0''
Area Factors
Very Bikeable
Bike Score®
87
/ 100
Car-Dependent
Walk Score®
44
/ 100
Some Transit
Transit Score®
25
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
Charleston Gardens
Midcentury modern suburb near highly rated schools and Google
Midtown Palo Alto
Highly ranked suburb heart of Silicon Valley, great schools & food, luxury homes
Monta Loma
Friendly community in Mountain View neighborhood
Duveneck-Saint Francis
Midcentury modern homes near Duveneck Elementary and Rinconada Park
Old Palo Alto
Luxury living near Stanford University and top-rated schools and restaurants
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