Silicon Valley Real Estate | JLee Realty
Defined roughly by Alma Street and Middlefield Road and by Lytton and Addison Avenues, downtown Palo Alto is a charming combination of small-town accessibility and urban ambiance. Outdoor cafes, tiny coffee shops, bookstores, mom-and-pop specialty shops, national chains, art galleries, two movie theaters, and numerous restaurants attract shoppers, eaters, and entertainment-seekers of all ages. Parking along University Avenue can be difficult during peak restaurant hours, but several large garages are available to the public.
The downtown area had its first big development at the time Stanford University was started. Lots were created and marketed with the intent of turning Palo Alto into one of the most significant towns in the area. The typical residential lot is not very large, having been created for town residents. The homes and buildings are of great variety. With the growth of Silicon Valley, the downtown business district has transformed from a small town that typically closed up at 6:30 pm on weekday evenings into a small active city with activity continuing into the evening after many people have gone to bed. During this transformation, some of the older buildings were preserved, some replaced by rather utilitarian buildings, and later some were replaced by quite elegant buildings. Some of the more recent prominent changes were the construction of several large luxury condominium complexes in the south.
Palo Alto attracts many people wanting to start their own companies. The ease of meeting like-minded people, sharing ideas, and finding help, attracts even more like-minded people. At times it seems like everyone is either working on a startup company or working at one that has grown and become very highly valued
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Extensive graphs of Miramonte home values can be viewed on my Miramonte Mountain View Home Values web page. Recent Mountain View home sales can be viewed on my Mountain View Just Sold web page. Three of the four main features considered when buying a home: price, price per sq. ft., and house size for Miramonte are quite similar to Mountain View city-wide averages. The average lot size is smaller than the city-wide average. Click or mouse over the tabs below to see graphs of these features.
A series of pictures are shown to give you a feeling for the Miramonte neighborhood.