Property Overview:
856 Lilac Way is a single-family home in Los Gatos, CA, built in 1961. It features 4 bedrooms, 2 bathrooms, and 2,854 sq. ft. of living space. The home includes a parking garage, fireplace, heating system, and cooling system. The estimated home value is $3,120,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.5% (lower than state average of 11.8%).
- Property crime risk: 6.9% (lower than state average of 10.8%).
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Schools:
Nearby schools include Blossom Hill Elementary, Raymond J. Fisher Middle, and Los Gatos High.- State average SAT score: 975.
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Job Market:
- 74.2% white-collar jobs, 25.9% blue-collar jobs.
- Unemployment rate: 2.1% (lower than state average of 4.7%).
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Demographics:
- Community population: 22,996 (22% growth since 2000).
- 67% families with children.
- Largest age group: 45-54 years (18.18%); second largest: 35-44 years (14.92%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 41.3°F (January), 77.4°F (July).
- Average rainfall: 26.1 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $115,651.
- Average annual spending: $76,252.
Property Features:
- Spacious layout with 4 bedrooms and 2 bathrooms.
- 2,854 sq. ft. of living space.
- Parking garage for secure vehicle storage.
- Fireplace for cozy living.
- Heating and cooling systems for year-round comfort.
Location Benefits:
- Family-friendly community with a high percentage of families with children.
- Safe neighborhood with crime rates below state averages.
- Strong job market and low unemployment.
- Access to quality schools and community amenities.
- Mild weather and scenic surroundings in Los Gatos.
- High home value and desirable location.