Property Overview:
425 E Meadow Dr is a single-family home in Palo Alto, CA, built in 1951. It features 3 bedrooms, 1 bathroom, and 1,120 sq. ft. of living space. The home includes a parking garage (with a bonus room), fireplace, and cooling system. The estimated home value is $1,324,000.
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: Jane Lathrop Stanford Middle, Fairmeadow Elementary, Greendell, Henry M. Gunn High.
- Average SAT score: 1221 (626 Math, 595 English) — 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:
- Midcentury modern charm with cozy, comfortable ambiance.
- Living room with wood-burning fireplace and designated dining area.
- Private kitchen with ample natural light.
- Bonus room in garage (with sink): ideal for home office, playroom, workout room, or workshop.
- Multiple outdoor areas in both front and back, enhancing indoor/outdoor lifestyle.
- Washer/dryer located in garage.
- Potential for expansion or ADU (buyer to verify).
- Set back from street with courtyard and natural buffer for privacy and tranquility.
Location Benefits:
- Prime Midtown location:
- Across the street from Fairmeadow Elementary, JLS Middle School, Mitchell Park, and Community Center.
- Walking distance to schools, library, community amenities, coffee shops, and grocery stores.
- Easy bike ride to Gunn High School, Caltrain, and major tech companies (Google, Intuit, Facebook, HP, VMWare).
- Quiet, private street with reduced speed limit for a peaceful environment.
- Ideal for families, professionals, and those seeking convenience and potential in Palo Alto.