Property Overview:
515 Lanyard Dr is a single-family home in Redwood City, CA, built in 1971. It features 3 bedrooms, 2 bathrooms, and an updated living area of 2,049 sq. ft. (county records show 1,180 sq. ft.). The home includes a large 2-car garage, central heating, and has been expanded and remodeled over the years. The estimated home value is $1,525,000 (recent listing at $2,398,000).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 5.8% (lower than state average of 11.8%).
- Property crime risk: 12.2% (higher than state average of 10.8%).
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Schools:
Nearby schools include San Mateo County Regional Occupational Program, San Mateo County Special Education, Sandpiper Elementary, and Central Middle.- State average SAT score: 975.
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Job Market:
- 77.4% white-collar jobs, 22.6% blue-collar jobs.
- Unemployment rate: 1.7% (lower than state average of 4.7%).
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Demographics:
- Community population: 9,604 (24% growth since 2000).
- 59% families with children.
- Largest age group: 35-44 years (20.92%); second largest: 45-54 years (17.17%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.3°F (January), 76.7°F (July).
- Average rainfall: 21.4 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $119,974.
- Average annual spending: $79,661.
Property Features:
- First time on the market in 45 years.
- Expanded and remodeled: Includes a den, oversized living room, extra-large dining room, and remodeled kitchen with adjacent family room.
- Primary bedroom with remodeled en-suite bath.
- Fresh interior paint and numerous updates.
- Large 2-car garage.
- Lot size: 0.1446 acres.
- Virtual tour available.
Location Benefits:
- Family-oriented community with a high percentage of families with children.
- Strong job market and low unemployment.
- Convenient access to local schools and amenities.
- Desirable Redwood Shores neighborhood with significant population growth and community stability.