WELCOME TO PALO ALTO
One of the country’s most affluent neighborhoods and the birthplace of Silicon Valley.
Steeped in history and situated in a gorgeous rustic setting, Palo Alto is one of the most affluent communities in the United States. One-third of Palo Alto’s 26-square-mile area is open space, with the rest populated by a mix of charming historic homes and stunning luxury properties owned by some of tech’s biggest names.
Palo Alto is often referred to as the birthplace of Silicon Valley. Facebook was born in Palo Alto and the city played a pivotal early role in the early development of Google, Logitech, Inuit, Pinterest, and PayPal. Palo Alto remains an integral part of Silicon Valley; innovative firms such as Tesla Motors, Hewlett-Packard, IDEO, Skype, and Palantir maintain headquarters in the city and the Ford Research and Innovation Center call the area home. This vibrant incubator of ideas and progress also includes the prestigious campus of Stanford University.
This focus on cutting-edge technology extends to Palo Alto’s residences. Tech luminaries such as Facebook’s Mark Zuckerberg and Google’s Larry Page have created stunning custom-built homes infused with bespoke technologies including an AI butler and a range of eco-friendly innovations to reduce energy consumption.
While this focus on forward-thinking technologies makes Palo Alto one of the world’s most progressive places, the city has a truly timeless quality thanks to its incredible natural surroundings and numerous century-old buildings. The incredible towering redwood for which Palo Alto, which means ‘tall tree’ in Spanish, was named is most impressive of all. The city’s iconic namesake has stood for more than a thousand years. This unique mix of the ultra-modern with the ancient makes Palo Alto an endlessly exciting setting with an atmosphere unlike anywhere else.
PALO ALTO REAL ESTATE INSIGHTS
The ancient foliage of Santa Clara County surrounds sprawling lots that are home to some of the world’s most stunning luxury properties. From the pedestrian-friendly tree-covered historic streets of Palo Alto to the densely wooded neighborhoods of Palo Alto Hills and Palo Alto Orchards, this diverse city contains some of the most magnificent homes that money can buy.
Mark Zuckerberg resides in a glorious century-old five-bedroom home with his wife Priscilla and daughter Max, with Palo Alto’s idyllic setting providing the perfect environment for raising a family. Google’s Larry Page lives in an incredible example of Palo Alto’s innovative custom-built modern homes, a 6000-square-foot eco compound sunken into the surrounding earth. Steve Jobs was another hugely influential former Palo Alto resident and lived in an elegant English country manor-style home, a beautiful illustration of the city’s historic residences.
These diverse architectural masterpieces are situated in one of the world’s most sought-after neighborhoods. The median sales price was $2,732,000 over the past twelve months, with an average price per square foot of $1,589.
PEOPLE & LIFESTYLE
Palo Alto is home to some of the world’s most brilliant minds and wealthiest individuals, with Nobel Prize winners residing beside Silicon Valley CEOs. Innovation and individuality extends to all facets of life in a city fully committed to doing things differently. Palo Alto is California’s only full-service municipality with complete control over drainage, electric, gas, sewer, and water facilities.
This incredible city provides an abundance of open space, with thirty-six city-owned parks lying in its vicinity. The varied natural surroundings allow for leisurely strolls along the shores of the San Francisco Bay or through the foothills of the Santa Clara Mountains. Palo Alto is also conveniently located for easy access to the refined shopping, dining, and entertainment options in nearby Menlo Park, while the vast cultural attractions of San Francisco are 35 miles away.