Property Overview:
734 Mediterranean Ln is a condominium in Redwood City, CA 94065, built in 1989. It features 3 bedrooms, 3 bathrooms, and 1,996 sq. ft. of living space. The home includes a parking garage, fireplace, and cooling system. The estimated home value is $1,564,026 – $1,821,000.
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 Sandpiper Elementary, Redwood Shores Elementary, Design Technical High, San Mateo County Special Education, and Bowditch 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.
- Estimated rent: $5,596 – $6,827/month.
Property Features:
- Lagoon-front living in the exclusive Lakeshore Gated Community (the only gated community in Redwood Shores).
- Newly refinished Brazilian Cherry floors and naturally lit living room with high ceilings, 2nd story windows, and gas fireplace.
- Lagoon patio for al fresco relaxation & dining.
- Dining room with skylight and 2-story ceilings.
- Chef’s kitchen:
- Brand new stainless steel double oven
- Ceramic glass cooktop
- Stainless steel wine fridge
- LG refrigerator
- Granite countertops
- Breakfast nook with breakfast bar and pantry.
- Dramatic 2-story stairwell leading to primary suite with vaulted ceiling, walk-in closet, lagoon view, and oversized bathroom retreat.
- Resort-like amenities: pool, clubhouse, hot tub, and waterfront path with wide-water views.
- 2-car attached garage with oversized 4-car driveway.
Location Benefits:
- Gated community with security and serenity.
- Close to parks: Shannon Park, Sandpiper Park.
- Convenient commute: Near HW101/92, Caltrain, and major employers like Oracle and biotech companies.
- Nearby shopping & dining: Nob Hill Foods, 99 Ranch Market, India Cash & Carry, Starbucks, Mistral, Specialty’s Cafe & Bakery, and more.
- Family-friendly and ideal for entertaining with access to Peninsula dining, shopping, and recreation.