Property Overview:
840 Sutter Ave is a single-family home in Palo Alto, CA 94303, built in 1953. It features 4 bedrooms, 3 bathrooms, and 2,247 sq. ft. of living space on a 9,774 sq. ft. lot. The estimated home value is $2,963,023. Additional features include a parking garage, fireplace, cooling system, swimming pool, hot tub, and pond.
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 Ohlone Elementary, Frank S. Greene Jr. Middle, Greendell, and Palo Alto High.- Average SAT score: 1062 (above state average of 975).
- Coveted PAUSD schools.
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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:
- High 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:
- Wonderfully modern 4-bedroom, 3-bath home on a quiet cul-de-sac.
- Large lot with swimming pool, hot tub, and pond.
- Great room living concept with 13’ ceilings and open-plan layout.
- Contemporary interiors with mid-century charm and Eichler roots.
- Abundant natural light from windows and skylights throughout.
- Fourth bedroom with separate entry—ideal for home office.
- Two-car garage with ample storage and naturally lit laundry room.
- Sustainable yard with drought-tolerant landscaping, fruit trees, and palm trees.
- Primary suite with walk-in closet and skylight.
- Powder room with plumbing for potential third full bath.
- Seller prefers “as-is” sale and rent-back through June.
Location Benefits:
- Centrally located—one block from Midtown Shopping corridor.
- Close to Safeway, The Fresh Market, Grocery Outlet, Starbucks, Philz Coffee, and Sancho’s Taqueria.
- Near Henry W. Seale Park, Hoover Park, and Greer Park.
- Commuter-friendly with access to major amenities and public transportation.
- Family-oriented neighborhood with numerous amenities and top-rated schools.