240 Wilton Ave, Palo Alto, CA 94306, USA

Property CA
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Property Overview:

240 Wilton Ave is a single-family home in Palo Alto, CA, built in 1946. It features 5 bedrooms, 2 bathrooms, and 2,055 sq. ft. of living space. The home includes a parking garage, fireplace, heating, and cooling system. The estimated home value is $2,027,000. The property sits on a large 7,000+ sq. ft. lot and is being marketed as a tear-down or full gut remodel opportunity.

Neighborhood Highlights:

  • Crime Rate:

    • Personal crime risk: 3.9% (lower than state average of 11.8%).
    • Property crime risk: 5.3% (lower than state average of 10.8%).

  • Schools:
    Nearby schools include El Carmelo Elementary, Jane Lathrop Stanford Middle, Henry M. Gunn High, and Greendell.

    • Average SAT score: 1221 (well above state average of 975).

  • Job Market:

    • 77.4% white-collar jobs, 22.6% blue-collar jobs.
    • Unemployment rate: 2.2% (lower than state average of 4.7%).

  • Demographics:

    • Community population: 22,332 (18% growth since 2000).
    • 56% families with children.
    • Largest age group: 45-54 years (16.92%); second largest: 35-44 years (14.54%).

  • Natural Disaster Risk:

    • Moderate flood risk, low tornado risk, high earthquake risk.

  • Weather:

    • Average temperature: 51.8°F (January), 89.0°F (July).
    • Average rainfall: 16.5 inches/year.
    • Average snowfall: 0.1 inches/year.

  • Cost of Living:

    • Median household income: $93,826.
    • Average annual spending: $66,240.

Property Features & Development Potential:

  • Major remodel or tear-down required; not currently habitable.
  • Large lot (7,000+ sq. ft.) with potential to build up to 2,895 sq. ft. above ground, and over 5,000 sq. ft. with basement (per City of Palo Alto Parcel Report).
  • No flood zone.
  • After Build Value (ABV) potential estimated at $4.6M+ in the current market.
  • Cash buyers or hard money loans required due to current condition.
  • Seller financing may be considered.
  • Open houses regularly scheduled; private showings available.
  • Ideal for investors, contractors, or buyers seeking new construction in a high-opportunity neighborhood.

Location Benefits:

  • Close to Downtown Palo Alto and Stanford University.
  • Exceptional proximity to top-rated schools, shopping, dining, and major tech campuses.
  • Family-friendly community with strong growth and high educational attainment.
  • Excellent development opportunity in one of Palo Alto’s most desirable neighborhoods.
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Price and Status History

date type price
2019-10-03 For Sale NaN
2022-03-22 Off Market NaN
2022-08-10 Pending NaN
2022-08-23 For Sale 2462000
2022-09-02 For Sale 2299000
2022-09-07 Pending 2100000
2022-10-04 For Sale 2398888
2022-10-13 For Sale 2398888
2023-03-21 Sold 2250000
2024-10-15 For Sale 3798000
2024-10-16 Pending 3798000
2024-11-07 For Sale 3698000
2024-11-14 For Sale 3798000
2025-01-09 Off Market 1800000
2025-01-17 For Sale 3680000
2025-02-04 Pending NaN
2025-02-14 Sold 3550000
2025-02-28 Sold 3550000
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Superfund Enterprise Management System

SITE NAME ADDRESS FEDERAL FACILITY NPL STATUS NON-NPL STATUS CONTAMINANTS SEMS EPA ID DISTANCE (MILES)
DURA-BOND 3201 Ash Street, Palo Alto, CA 94306-2240, USA N N NF 0 CAD014440648 0.35
VARIAN ASSOCIATES CORP HDQTRS 611 Hansen Way, Palo Alto, CA 94304-1015, USA N N NF 0 CAD009120817 0.40
STANFORD CLEANERS 2875 EL CAMINO, Palo Alto, CA 94306, USA N N NF 0 CAD028879765 0.46
EASTMAN KODAK CO 925 Page Mill Road, Palo Alto, CA 94304-1013, USA N N NF 0 CAD028874253 0.71
HEWLETT-PACKARD (620-640 PAGE MILL ROAD) 620 - 640 Page Mill Road, Palo Alto, CA 94304, USA N F 32 CAD980884209 0.76
ALZA CORP 950 Page Mill Road, Palo Alto, CA 94304-1012, USA N N NF 0 CAD049231541 0.84
BECKMAN INSTRUMENTS INC 1050 Page Mill Road, Palo Alto, CA 94304-1019, USA N N NF 0 CAD981616048 0.90
AYDIN ENERGY DIVISION 3180 Hanover Street, Palo Alto, CA 94304, USA N N NF 0 CAD049236326 0.92
BECKMAN INSTRUMENTS 1117 California Avenue, Palo Alto, CA 94304-1106, USA N N NF 0 CAD028872711 0.98

Toxic Release Inventory

FACILITY NAME ADDRESS TOTAL FORMS LAST FORM YEAR RISK SCREENING FACILITY ID DISTANCE (MILES)
COMMUNICATIONS & POWER INDUSTRIES 607 Hansen Way, Palo Alto, CA 94304-1015, USA 4 2008 N/A 94304CMMNC607HA 0.40
HEWLETT-PACKARD CO PALO ALTO FABRICATION CTR 395 Page Mill Road, Palo Alto, CA 94306-2065, USA 11 1990 N/A 94306HWLTT395PA 0.56
VARIAN MEDICAL SYSTEMS 911 Hansen Way, Palo Alto, CA 94304-1028, USA 107 2023 Yes 94303VRNSS611HA 0.61
LITTON ELECTRON DEVICES 601 California Avenue, Palo Alto, CA 94304-1101, USA 38 1994 N/A 94304VRNMG601CA 0.84
LOCKHEED MARTIN MISSILES & SPACE 3251 Hanover Street, Palo Alto, CA 94304-1121, USA 4 1994 N/A 94304LCKHD3251H 0.95
ALZA CORP 2575 Hanover Street, Palo Alto, CA 94304-1116, USA 6 1991 N/A 94303LZCRP2575H 0.99

Integrated Compliance Information System - Air

PLANT NAME ADDRESS OPERATING STATUS DISTANCE (MILES)
PENINSULA FORD 4180 El Camino Real, Palo Alto, CA 94306-4008, USA OPR: Operating 0.78
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Flood Risk Info

fld_zone very high impact: up to 0.0001 miles high impact: up to 0.2 miles moderate impact: up to 0.5 miles low-moderate impact: up to 1.5 miles
A 0 0 4 4
AE 0 0 0 2
AH 0 0 0 0
AO 0 0 0 1
VE 0 0 0 0

Flood Zone Type

code meaning
A 1% annual chance flood zone determined using approximate methods. No BFEs shown. Flood insurance and management standards apply.
AE 1% annual chance flood zone determined by detailed methods. BFEs shown. Insurance and floodplain management required.
AH Shallow flooding (ponding) zones with depths between 1-3 feet. BFEs shown. Insurance and management required.
AO Shallow flooding (sheet flow) zones with depths 1-3 feet. BFEs or average depths shown. High-velocity areas may exist.
VE Coastal 1% annual chance flood zone with wave action. BFEs shown. Insurance and management required.

Earthquake Risk Info

zone_name quad_name very high impact: up to 0.0001 miles high impact: up to 2.0 miles moderate impact: up to 10.0 miles
San Andreas - Peninsula Mindego Hill 0 0 1
San Andreas - Peninsula Palo Alto 0 0 2
San Andreas - Peninsula Woodside 0 0 1

Landslide Risk Info

lscat very high impact: up to 0.0001 miles high impact: up to 0.04 miles moderate impact: up to 0.1 miles low-moderate impact: up to 0.2 miles
8 0 0 0 0

Liquefaction Risk Info

Suscept very high impact: up to 0.0001 miles high impact: up to 0.05 miles moderate impact: up to 0.5 miles low-moderate impact: up to 1.0 miles
High 0 0 0 0
Very high 0 0 1 0

Wild fire Risk Info

haz_class very high impact: up to 0.0001 miles high impact: up to 0.5 miles moderate impact: up to 1.5 miles low-moderate impact: up to 3.0 miles
High 0 0 0 0
Very High 0 0 0 0
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Traffic Noise by Hour x Weekday

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Airplane Noise by Hour x Weekday

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