Property Overview:
425 W Meadow Dr is a single-family home in Palo Alto, CA, built in 2010. It features 5 bedrooms, 3 bathrooms, and 2,131 sq. ft. of living space. The home includes a parking garage, forced air heating, and a cooling system. The estimated home value is $3,435,000 (last sold for $2,400,000 in 2016).
Neighborhood Highlights:
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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, Juana Briones Elementary, Greendell, and Henry M. Gunn High.- Average SAT score: 1221 (well above 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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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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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:
- Custom finishes and luxurious spaces throughout.
- Fireplace, loft, and chef’s kitchen.
- Upper-level laundry for convenience.
- Delightful backyard with fruit trees.
- Attached 2-car garage.
- Rich living in a private enclave.
- Stroll to Robles Park and popular dining; quick bike ride to exceptional Palo Alto schools.
Location Benefits:
- Family-friendly community with a strong presence of families with children.
- Top-rated schools and high academic performance.
- Safe neighborhood with low crime rates.
- Excellent job market and low unemployment.
- Convenient access to parks, dining, and schools.
- Desirable Palo Alto location with strong property value growth.