Property Overview:
708 Holly Oak Dr is a single-family home in Palo Alto, CA, built in 1960. It features 4 bedrooms, 2 bathrooms, and 1,761 sq. ft. of living space. The home includes a parking garage, fireplace, heating system, and cooling system. The estimated home value is $2,982,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 19.1% (higher than state average of 11.8%).
- Property crime risk: 11.7% (higher than state average of 10.8%).
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Schools:
Nearby schools include Palo Verde Elementary, Jane Lathrop Stanford Middle, Greendell, and Henry M. Gunn High.- Average SAT score: 1062 (above state average of 975).
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Job Market:
- 59.9% white-collar jobs, 40.1% blue-collar jobs.
- Unemployment rate: 4.9% (slightly higher than state average of 4.7%).
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Demographics:
- Community population: 41,564 (4% growth since 2000).
- 69% families with children.
- Largest age group: 35-44 years (14.67%), followed by 25-34 years (14.04%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.2°F (January), 87.2°F (July).
- Average rainfall: 18.3 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $82,787.
- Average annual spending: $59,990.
Property Features:
- 1960s Atrium Model Eichler with Mid-Century Modern (MCM) design in the Los Arboles neighborhood.
- Original details: Open-air atrium, globe lighting, tongue-and-groove open beam ceilings, Eichler closet doors, flat panel cabinetry, wood-burning fireplace, indoor brick barbeque, and foam roof.
- Open kitchen & family room: Large island with breakfast bar, new quartz countertops, stainless steel appliances.
- Primary bedroom: Slider to backyard, walk-in closet, en suite bath with walk-in shower and quartz vanity.
- Second bedroom: Sliding door access to atrium—ideal for office use.
- Eco-conscious radiant heating and new LVP flooring.
- Floor-to-ceiling glass panels for abundant natural light.
- Backyard: Quiet retreat, close to downtown Palo Alto, Baylands Trails, Shoreline Park, and YMCA.
Location Benefits:
- Minutes to major employers: Googleplex, Microsoft, NASA, Stanford University.
- Top-rated schools: Palo Verde Elementary, JLS Middle, Gunn High.
- Close to shopping, dining, parks, and recreation.
- Ideal for families seeking excellent schools and a vibrant community.