Property Overview:
1531 Escondido Way is a single-family home in Belmont, CA, built in 1953. It features 2 bedrooms, 2 bathrooms, and 1,740 sq. ft. of living space. The home includes a parking garage, central heating system, and sits on a 30,000 sq. ft. lot. The estimated home value is $1,616,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3.7% (lower than state average of 11.8%).
- Property crime risk: 4.4% (lower than state average of 10.8%).
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Schools:
Nearby schools include San Carlos Charter Learning Center, Tierra Linda Middle, Carlmont High, and San Mateo County Special Education.- Average SAT score: 1037 (higher than state average of 975).
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Job Market:
- 70.1% white-collar jobs, 29.9% blue-collar jobs.
- Unemployment rate: 2.3% (lower than state average of 4.7%).
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Demographics:
- Community population: 24,530 (16% growth since 2000).
- 63% families with children.
- Largest age group: 45-54 years (15.97%), followed by 35-44 years (16.49%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.9°F (January), 72.6°F (July).
- Average rainfall: 20.2 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $92,661.
- Average annual spending: $65,934.
Property Features:
- Ranch-style home on a sought-after street in Belmont.
- Expansive 30,000 sq. ft. lot with:
- Solar-heated pool, greenhouse, spacious patio with pergola, edible garden, and massive backyard.
- Flexible floor plan:
- Potential for work-from-home space or fourth bedroom.
- Bonus room overlooking the yard.
- Family room: Includes a built-in bar and half bath.
- Meticulously maintained with freshly painted exterior and manicured landscaping.
Location Benefits:
- Outstanding Belmont schools.
- Walking distance to downtown Belmont.
- Perfect for family living and entertaining.