Property Overview:
740 San Mateo Dr is a single-family home in Menlo Park, CA 94025, built in 1951. It features 3 bedrooms, 2 bathrooms, 1,930 sq. ft. of living space, and sits on a 10,030 sq. ft. lot. The home includes a two-car garage, central heating, wood floors, floor-to-ceiling windows, a formal dining room, pool and spa, and a private backyard. The estimated home value is around $3,045,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 8.3% (lower than state average of 11.8%)
- Property crime risk: 9.6% (lower than state average of 10.8%)
- Overall crime risk: Low
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Schools:
- Nearby schools: Hillview Middle, Oak Knoll Elementary, Menlo-Atherton High, and Packard Children’s Hospital/Stanford
- Award-winning Menlo Park schools
- Average SAT score: 1100 (566 Math, 534 English), above state average (975)
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Job Market:
- 73.9% white-collar jobs, 26.1% blue-collar jobs
- Unemployment rate: 2.9% (lower than state average of 4.7%)
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Demographics:
- Population: 38,986 (10% growth since 2000)
- 59% families with children
- Largest age group: 35-44 years (16.02%)
- Second-largest: 45-54 years (14.98%)
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Natural Disaster Risk:
- Very high earthquake risk
- Very low tornado risk
- Minimal flood risk
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Weather:
- Average temperature: 51.9°F (January), 87.0°F (July)
- Average rainfall: 17.4 inches/year
- Average snowfall: 0.1 inches/year
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Cost of Living:
- Median household income: $107,463
- Average annual spending: $72,061
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Home Values:
- Average sale price for similar homes: $2,667,865 – $2,878,326
Property Features:
- Classic home on a serene, tree-lined street in prime Central Menlo Park
- Wood floors and lovely floor-to-ceiling windows
- Formal dining room
- Eat-in kitchen with sliding doors to a side yard for outdoor dining
- Spacious rooms throughout, including a primary suite with vanity and walk-in closet
- Multiple doors open to a private backyard with pool and spa
- Two-car garage with ample storage
- Central heating system
- Potential to enjoy, remodel, or build new
Location Benefits:
- Highly sought-after location in Menlo Park
- Excellent schools and family-friendly community
- Low crime rate and strong job market
- Commuter-friendly with access to major employers and amenities
- Ideal for family living, entertaining, or investment