Property Overview:
342 Carolina Ln is a single-family home in Palo Alto, CA, built in 1950. It features 4 bedrooms, 2 bathrooms, and 1,657 sq. ft. of living space. The home includes a parking garage, fireplace, and cooling system. The estimated home value is $2,664,000.
Neighborhood Highlights:
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Population & 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%).
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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%).
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Schools:
Nearby schools include Jane Lathrop Stanford Middle, Herbert Hoover Elementary, Greendell, and Henry M. Gunn High.- Average SAT score: 1221 (higher than state average of 975).
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Job Market:
- 77.4% white-collar jobs, 22.6% blue-collar jobs.
- Unemployment rate: 2.2% (lower than state average of 4.7%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.8°F (January), 89.0°F (July).
- Average rainfall: 16.5 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $93,826.
- Average annual spending: $66,240.
Property Features:
- Remodeled contemporary with lots of glass and double-pane windows.
- Open floorplan with terra cotta floors.
- Euro-style kitchen and updated bathrooms.
- Arbored gated entry to private, magical gardens.
- Signature Eichler design:
- Open-beam ceilings and seamless indoor-outdoor flow.
- Expanded and remodeled in 2018 for a spacious, stylish environment.
- Perfect for entertaining and comfortable everyday living.
Location Benefits:
- Located in one of Palo Alto’s most desirable neighborhoods.
- Close proximity to top-rated schools, parks, and major tech campuses.
- Turnkey Eichler in a world-class location.
- Safe, family-friendly community with excellent schools and strong job market.