About Portola Valley

What makes Portola Valley Special…

Beautiful hills and valleys provide a bucolic backdrop for Portola Valley, a welcoming community located just west of hwy 280 and Stanford University.   Miles of scenic equestrian and hiking trails, quiet country roads and verdant valleys and oak studded hills take you out of the bustle of Silicon Valley the moment you start traveling down Alpine Road.    Committed to preserving miles of open space, Portola Valley takes pride in its peaceful setting letting the scenery rather than homes dominate the landscape.

There are several residential areas within Portola Valley offering a wide range of home prices and lot sizes so there is something for everyone.  Popular with cyclists riding the “Stanford Loop” and with hikers taking in the views of Windy Hill, there are multiple opportunities to enjoy the outdoors on foot or on horseback.    The new ‘green’ Town Center features a wonderful library, park and sport fields, tennis courts, meeting rooms and is a sense of pride for the community.   There are two highly rated public schools, Ormondale Elementary for grades K-3  and Corte Madera for grades 4-8.  The Ladera area of Portola Valley is part of the Las Lomitas School District.

The number of home sales in Portola Valley in 2011 increased 30% over 2010 and the average selling price was up 22%.  All expectations are that the same trends will continue in 2012.

If you are looking for a country feel and wide open spaces, Portola Valley could be just the place you’ll want to call home.

Palo Alto Price per Sq Ft for past six months per Trendgrahphix

Facts and Trends TM

 

Published March 2012*

Location: Palo Alto
Price Range:  $0 – No Limit
SQFT Range:  0 – No Limit
Property Types:  Single Family Homes
Bedrooms:  0 – No Limit
Full Baths:  0 – No Limit
Half Baths:  0 – No Limit
Year Built:  0 – No Limit

If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart

*All reports are published March 2012, based on data available at the end of February 2012. All reports presented are based on data supplied by Contra Costa, Bay East, MLSListings, San Francisco MLS, Metrolist and BAREIS MLS. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their accuracy. Data maintained by the Associations or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

4th Quarter Santa Clara County Market Statistics

Millbrae Home For Sale | Ellen Ashley | 650-888-1886

This Charming Carmel Style is beautifully updated and located on a quaint tree lined street close to downtown, parks & highly rated schools. Remodeled w/great attention to detail and finishes. A covered loggia welcomes you to this 3 bedrm, 2 bath home featuring hardwood floors, remodeled kitchen with high end appliances,updated baths and a professionally landscaped yard with a 2 level patio overlooking gardens & views.

331 ELDER AV, Millbrae, CA 94030 Offered At: $1,089,000

Contact Ellen Ashley | Alan Pinel Realtors | 2930 Woodside Road, Woodside, CA 04062 | 650.888.1886 | eashley@apr.com

Crescent Park – Palo Alto, CA

Inviting, gracious and charming  is what most people have to say about Crescent Park and its stately homes and tree lined streets.  It is an area that has been growing since the 1920’s offering a wonderful array of classic homes on some of Palo Alto’s prettiest tree lined streets. Bordered by San Francisquito Creek, Newell Road, Fulton Street and Channing Avenue, Crescent Park provides easy access to downtown, Hwy 101, the main library, and Eleanor Pardee Park. Known as a warm and friendly neighborhood, there is an active neighborhood association that keeps neighbors connected and informed.   While attention in the past few years has focused on Old Palo Alto, you will find the same charm and allure in the architecture and sense of community in Crescent Park.   Schools in Crescent Park are Duveneck Elementary, Jordan Middle School and Palo Alto High, all part of the highly rated Palo Alto Unified School District.

Neighborhood Detail – Atherton, Ca

Counties Currently Participating in Prop 90

Eight California counties currently participate in Prop 90 tax base transfers.   They include Alameda, San Diego, San Mateo, Santa Clara, Los Angeles, Orange, El Dorado and Ventura.    Santa Clara County supervisors recently voted to keep Prop 90 in place while El Dorado County was a new addition in 2010.

Prop 90 allows people aged 55 & over  to transfer a property’s factored base year value from an existing residence to a replacement residence between the participating counties.   Replacement properties must be of equal or lesser value than the original property.

This means you could sell your long time residence in Palo Alto and purchase a replacement property in San Diego that was of equal or lesser value than your Palo Alto home and apply to have your existing tax base transfer to your new property.    It can be a great benefit if you have owned a home for many years.

The participating counties can change at any time and you should always talk to your financial advisor regarding requirments of your specific situation.

 

Burlingables – Petite and Popular

Burlingame, CANestled in a small geographic area of tree lined streets is the very desirable Burlingables neighborhood. Charming homes, friendly neighbors, fabulous Washington Park, and an easy walk to the train station and bustling downtown Burlingame Ave all contribute to making this a highly sought after location. Recent home sales have been quick and competitive, with homes selling in under a week and over asking. 447 Chatham, 321 Concord Way and 401 Bloomfield all sold with multiple offers in 6 or 7 days and all sold over the original asking price.