Property Overview:
840 Miranda Green St is a single-family home in Palo Alto, CA, built in 1960. It features 2–3 bedrooms, 2–3 bathrooms, and 1,976–3,232 sq. ft. of living space. The home includes a parking garage, fireplace, cooling system, and sits on a 33,000 sq. ft. lot. The estimated home value is $3,044,000.
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 Santa Rita Elementary, Ellen Fletcher Middle, 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:
- Mid-Century Modern design with open floor plan and walls of glass overlooking a private, tranquil setting.
- Multiple generations of family ownership; ready for new memories.
- Remodel or rebuild opportunity:
- 33,000 sq. ft. lot with long frontage—ideal for an estate home or SB9 development.
- Includes 20,000+ sq. ft. Palo Alto parcel plus 12,000+ sq. ft. Los Altos unbuildable, landlocked lot accessed by a picturesque bridge over a creek.
- Development ideas available on website and at the property.
- Sunday open house by appointment only.
Location Benefits:
- Prestigious Palo Alto address with large lot and unique development potential.
- Family-friendly community with top-rated schools and low crime.
- Convenient access to local amenities, parks, and major employers in Silicon Valley.
- Ideal for families, those seeking a private retreat, or buyers interested in customizing or expanding their dream home.