Property Overview:
850 Wintergreen Way is a single-family home in Palo Alto, CA, built in 1962. County records show 3 bedrooms, 2 bathrooms, and 1,628 sq. ft. of living space, with permits pulled to add a 4th bedroom and 3rd bathroom (approx. 222 sq. ft. more). The home sits on a 7,100+ sq. ft. lot in desirable Midtown Palo Alto. The estimated home value is $2,872,000.
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 Ohlone Elementary, Frank S. Greene Jr. Middle, Greendell, and Palo Alto 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 above 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:
- 4 bedrooms, 3 bathrooms (permitted addition; county records show 3 bed/2 bath).
- Large living room with fireplace and dining area.
- Hardwood floors in living room and 3 bedrooms.
- Bright kitchen opens to backyard.
- Ample storage and closet space in all bedrooms.
- Two-car garage (currently converted to office area).
- Fully renovated interior and exterior with new doors/windows, flooring, roof, plumbing, electrical, insulation, central AC, and landscaping.
- High-end kitchen with Thermador appliances and luxury double-door refrigerator.
- Bathrooms feature Grohe/Hansgrohe faucets, floating vanities, LED mirrors, and Kohler smart toilets.
- 2 en-suite bedrooms for added comfort.
- Permits pulled for expansion; buyer to cooperate with Seller’s 1031 Exchange.
Location Benefits:
- Quiet, tree-lined cul-de-sac in Midtown Palo Alto.
- Minutes to shopping, dining, parks, major commute routes, and top Palo Alto schools.
- 10-minute drive to Stanford University.
- Walking distance to Midtown Shopping Center, Palo Alto Family YMCA, and Eichler Swim & Tennis Club.
- Easy access to freeways and high-tech companies.
- Outstanding Palo Alto schools: Palo Verde Elementary, Jane Lathrop Middle, Palo Alto High.
- Ideal for remodeling, rebuilding, or moving in—great opportunity to build your dream home in an affluent, vibrant community.