It has become more and more critical to understand protected trees when buying a new home. Tree protection ordinances are specific to the city that...
JLee Realty Homes For Sale
Low DOM For Palo Alto Houses
Recently JLee Realty began plotting median days on market in addition to average days on market for homes for sale. The median plot emphasizes the...
Average Size Of Palo Alto House Sold Spikes Up
An unexpected change in Palo Alto real estate trends was spotted on Aug 23, 2023. The average size of houses sold spiked up dramatically to its...
Webinar/Seminar: Inheritance, Probate, & Prop 19
On Saturday, Sept 17, 2022, from 10-11am, JLee Realty will be hosting a combined webinar/seminar on many of the issues involved in setting up your...
- Atherton
- Belmont
- Brisbane
- Burlingame
- Campbell
- Cupertino
- Daly City
- East Palo Alto
- Foster City
- Fremont
- Hillsborough
- Los Altos
- Los Altos Hills
- Los Gatos
- Menlo Park
- Millbrae
- Milpitas
- Monte Sereno
- Mountain View
- Newark
- Pacifica
- Palo Alto
- Portola Valley
- Redwood City
- Redwood Shores
- San Bruno
- San Carlos
- San Jose
- San Mateo
- Santa Clara
- Saratoga
- South San Francisco
- Sunnyvale
- Union City
- Woodside
New Townhouses Coming – Summerhill Homes
Summerhill Homes purchased a 2.4-acre site at 2850 W. Bayshore Road in Palo Alto for $27.5 million through an affiliate. The site currently has a single-story office building. Their proposed development would have 48 three-story townhouses. The rendering of the front of the townhouses is roughly similar to the Echelon Complex built by Summerhill Homes in 2009 at E. Meadow Cir. At the time of the purchase, the affiliate also obtained $45 million in financing.
Townhouses in this W. Bayshore area have sold for between $1.5 million to a little over $2 million. Summerhill Homes is likely to see sales of roughly $100+ million for the project. Of course, the state of the real estate market at the time the townhouses are offered for sale will have a large impact. View South Palo Alto townhouse sale prices and trends.
The site of the new townhouses is between Greer Park and W. Bayshore Road. The 22-acre Greer Park has five soccer fields, three softball fields, two basketball courts, a picnic area with BBQs, a skateboard bowl, restrooms, and more.