Property Overview:
1111 Hopkins Ave is a single-family home in Palo Alto, CA, built in 2001. It features 5 bedrooms, 3.5 bathrooms, and 3,756 sq. ft. of living space across three levels. The home includes a two-car garage, fireplace, gravity heating system, and air conditioning. The last sale price was $5,200,000 (November 2024), with a Zestimate of $5,213,300 and a Rent Zestimate of $12,092/mo.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.4% (lower than state average of 11.8%).
- Property crime risk: 10.7% (slightly lower than state average of 10.8%).
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Schools:
Nearby schools include Walter Hays Elementary, Frank S. Greene Jr. Middle, Palo Alto High, and Packard Children’s Hospital/Stanford.- Average SAT score: 1221 (well above state average of 975).
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Job Market:
- 80.8% white-collar jobs, 19.2% blue-collar jobs.
- Unemployment rate: 2.1% (lower than state average of 4.7%).
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Demographics:
- Community population: 15,402 (17% growth since 2000).
- 50% families with children.
- Largest age group: 45-54 years (15.56%); second largest: 25-34 years (13.36%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.7°F (January), 87.6°F (July).
- Average rainfall: 17.3 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $132,129.
- Average annual spending: $83,423.
Property Features:
- Superb custom-built home with quality craftsmanship and many custom built-in amenities.
- Exceptional 3-level floor plan with 5 bedrooms, 3.5 bathrooms, office, and large bonus room.
- Pre-wired for CAT5, fiber optic, and satellite dish.
- Gourmet chef’s kitchen and expansive formal rooms.
- Versatile office and sprawling lower level ideal for entertaining or relaxing.
- Luxurious primary suite with Jacuzzi tub and dual shower for a spa-like retreat.
- Serene backyard perfect for outdoor relaxation.
- Directly across from Rinconada Park and about a mile from University Avenue.
- Children can walk or bike to acclaimed schools (buyer to verify eligibility).
Location Benefits:
- Prime Palo Alto location surrounded by parks, exceptional shopping and dining, and top-rated schools.
- Family-friendly community with a strong emphasis on education and safety.
- Convenient access to local amenities and major thoroughfares.
- Ideal for luxury living and entertaining in a highly desirable neighborhood.