Property Overview:
14860 Farwell Ave is a single-family home in Saratoga, CA, built in 1939. It features 2 bedrooms, 2 bathrooms, and 1,850 sq. ft. of living space. The home includes a parking garage, fireplace, and cooling system. The estimated home value is $3,193,000. The property sits on a flat +/- 1/2 acre lot, offering an opportunity to build your dream home.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 2.1% (lower than state average of 11.8%).
- Property crime risk: 3.4% (lower than state average of 10.8%).
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Schools:
Nearby schools include Redwood Middle, Saratoga Elementary, and Saratoga High.- Average SAT score: 1239 (higher than state average of 975).
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Job Market:
- 79.3% white-collar jobs, 20.7% blue-collar jobs.
- Unemployment rate: 2.3% (lower than state average of 4.7%).
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Demographics:
- Community population: 27,967 (23% growth since 2000).
- 80% families with children.
- Largest age group: 45-54 years (21.09%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 45.8°F (January), 82.3°F (July).
- Average rainfall: 22.7 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $170,749.
- Average annual spending: $100,345.
Property Features:
- Prime Platinum Triangle Location in Saratoga.
- Flat +/- 1/2 acre lot ideal for building your dream home.
- Existing home can be used for financing or rental income while planning and obtaining permits.
- Potential to reorient the front door to face Farwell Ct.
Location Benefits:
- Located in a safe and family-friendly community.
- Access to award-winning Saratoga schools.
- Perfect for future development or investment opportunities.