Property Overview:
1317 Rainbow Dr is a single-family home in San Mateo, CA, built in 1959. It features 3 bedrooms, 3 bathrooms, a den (can be used as a 4th bedroom with its own bath), and 1,470 sq. ft. of living space. The home includes a parking garage and a central heating system. The estimated home value is $2,186,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 7.4% (lower than state average of 11.8%).
- Property crime risk: 11.4% (slightly higher than state average of 10.8%).
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Schools:
Nearby schools include Highlands Elementary, Hillcrest at Youth Services Center, and Borel Middle.- Average SAT score: 1076 (553 Math, 523 English)—above state average of 975.
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Job Market:
- 69.3% white-collar jobs, 30.7% blue-collar jobs.
- Unemployment rate: 2.6% (lower than state average of 4.7%).
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Demographics:
- Community population: 23,121 (3% growth since 2000).
- 66% families with children.
- Largest age group: 45-54 years (15.88%); second largest: 35-44 years (15.56%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 50.8°F (January), 68.3°F (July).
- Average rainfall: 19.5 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $102,281.
- Average annual spending: $69,902.
Property Features:
- Great cul-de-sac location.
- Staged and ready to show with fresh paint and carpets.
- Usable backyard with gazebo.
- Bonus play house, workshop, or artist studio in backyard.
- Flexible den can serve as a 4th bedroom with its own bath.
- Must-see property with versatile spaces for family and hobbies.
Location Benefits:
- Family-friendly community with a high percentage of households with children.
- Safe neighborhood with lower-than-average personal crime risk.
- Strong schools with above-average SAT scores.
- Convenient access to local amenities and employment opportunities.
- Mild weather year-round and low risk for most natural disasters (except earthquakes).