Property Overview:
179 Lincoln Ave is a single-family home in Palo Alto, CA, built in 1904. It features 5 bedrooms, 2 bathrooms, and 1,752 sq. ft. of living space. The property includes a parking garage. The estimated home value is $3,322,000.
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 Palo Alto High, Addison Elementary, Packard Children’s Hospital/Stanford, and Frank S. Greene Junior Middle.- Average SAT score: 1221 (626 Math, 595 English)—well above the 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:
- Historic home with two older dwellings (179 and 189 Lincoln) on the property.
- Not eligible for individual listing on the California Register (per Page & Turnbull peer-review).
- Conceptual designs for new construction home and ADU available for inspiration.
- Development opportunities—buyer to verify with the City of Palo Alto.
Location Benefits:
- Prime University South neighborhood—highly sought-after area.
- Close to downtown Palo Alto: cafes, restaurants, shopping, Town & Country Village, Stanford University, parks, and top-rated Palo Alto schools.
- Ready for the next owner’s vision—rare opportunity in a desirable location.