Perhaps you love – even need – a good view in order to feel happy with your new home in a new place. We don’t have a lot of water view homes in Silicon Valley, though there are some of the San Francisco Bay in places – mostly either right on the shorefront or certain hillside areas. What’s easier to find are hill and mountain vistas, or valley views. So what do these Silicon Valley view homes cost?
Silicon Valley View Homes: The Market
Naturally a lot of the answer has to do with location, home size, condition of the property, and land value. If you’re looking for a turnkey +2500 SqFt home with a 20 minute commute and great schools expect to pay upwards of $3 million. In general, it’s difficult to find a house with valley views for less than $2 million unless the property needs a lot of remodeling, repairs, and updating OR is in a very remote location.
You can find plenty of Santa Clara County mountain homes for under $1 million in picturesque settings, as well as luxury ridge-top estates with picturesque valley, bay, and ocean views, however the mountains are a specialty market that’s not for everyone.
While it’s difficult to put an exact number on it, expansive and sweeping views will generally be of higher value than comparable properties with peek-a-boo views. That said, sellers – don’t forget to market your views! A good agent will know how and where to include a pleasant vista in their marketing, whether it’s capturing photos of the scene, drone footage to show off the location, greeting open house guests from the front deck, or a description of the foothills seen out the bedroom window.
I live in the Belwood neighborhood nestled beside the foothills of East Los Gatos close to Belgatos Park. A “close in” location, not out in the boondocks, assigned to the sought-after Union schools. Many of these homes are comfortably sized single family homes around 2,000 SqFt and on 10,000 SqFt lots. Over the last year (March 2022 – March 2023) in Belwood and neighboring Belmont, 14 properties sold between $2M for one of the smallest homes on one of the smallest lots in the area up to $3.65M for one of the larger homes which had been extensively remodeled.
Take that same house and move it to Saratoga with Saratoga schools, and the price would be substantially more expensive, and more still in Los Altos! Compared to some other foothill communities in the South Bay, Los Gatos offers homeowners good “bang for your buck”, at least for Silicon Valley standards. If you haven’t spent much time in this charming town, I’d invite you to check it out!
San Jose also has some popular communites in the foothills. Almaden Valley is surrounded by natural beauty with some of San Jose’s top-rated schools. Berryessa has also seen a more recent surge of interest as a good “bang for your buck” neighborhood, especially for East Bay and Penninsula commuters, with improving schools and foothill views. Cambrian has longstanding popularity for it’s commutability, highly regarded schools, and areas with hill views, as has it’s the neighboring, and slightly more affordable, Blossom Valley district.
Value of a View
Silicon Valley view homes vary in condition, size, parcel size, and many other factors. In most cases, the properties which are move-in ready will run between $2,000,000 at the low end to $5,000,000. Luxury estates and oversized lots may well cost more. We see homes in Santa Clara County priced up to around $20 million at times, and on the Peninsula sometimes much higher ceilings.
The Silicon Valley and San Jose areas are seeing a resurgence in the popularity of “urban living” neighborhoods. If you are looking to rent or buy a home in one of these areas, you may wonder where you can find them.
For those not familiar with the “urban living” name, it refers to areas of higher density and mixed use. These are areas where homes and shops are close together, sometimes even stacked, and land tends to be scarce and in high demand. In these areas residents often are not so dependent upon cars, and some sites may refer to them as “walkable” or “walk to town” neighborhoods, although that phrase is less inclusive and is being phased out.
Urban Living Neighborhoods in Silicon Valley
Here’s a quick list of areas to consider if you want the urban living experience:
Sometimes people relocating to Silicon Valley tell me that they’d like to move to a waterfront home, something with a view of the Pacific Ocean or the San Francisco Bay. Most of Silicon Valley is inland, though, separated from the ocean by the coastal mountains.
Ocean View Homes
For those truly set on having a view of the Pacific, home can be found in the Santa Cruz area with lovely ocean and Monterey Bay views. The compromise will likely be a long, winding commute over Highway 17’s mountain pass.
Similarly, ocean lovers may settle close to Half Moon Bay or Pescadero, but will have to slog over the coastal hills on Hwy 35 each day to get to the Peninsula. (Some lucky souls may find employment in Scotts Valley or along the coast, but most of the jobs are not in these places.) If faraway ocean view will work, a home in the Santa Cruz Mountains may be the ideal fit.
Silicon Valley Waterfront Homes
If you want to live along the waterfront within Silicon Valley and not these neighoring communities, there really are not a lot of neighborhoods from which to choose. Most water-view homes involve the San Francisco Bay. There are a few rivers, creeks, ponds (mostly man-made or percolation), lakes, and reservoirs to be found as well, but enjoying lovely water views up close is not the easiest criteria to fill and each come with their own concerns. Waterfront bay views often come down to Foster City and Redwood Shores, which we’ll discuss next. (more…)
Today on the Valley of Heart’s Delight Blog, I looked at the real estate markets for Los Gatos, Saratoga, Cupertino, and Los Altos.
All four of these areas are known for good public schools, proximity to the coastal range, and a nice way of life. All but Cupertino have a quaint downtown area, and those three communities each have about 31,000 residents, while Cupertino is more than double that. For folks relocating to the San Jose area for work, most likely, all four will be considered if schools are a priority.
To see how these 4 highly regarded communities compare in terms of market conditions and what you can buy for your money, please visit:
Market comparison: Los Gatos, Saratoga, Cupertino and Los Altos on the Valley of Heart’s Delight Blog.
Silicon Valley neighborhoods
Los Gatos neighborhood videos
How to find the median rental price by zip code
Many relocating families search specifically for neighborhoods with the very best, or at least very good public schools. There are many sites which will give you this information in immense detail, but if you want a “quick answer” on excellent schools in Silicon Valley and San Jose, I can give that to you quickly here.
The finest public schools and districts (with excellent scores at all levels of schooling) tend to be found in the most expensive parts of Santa Clara County, and most of them are along the “west valley” areas, including Almaden Valley (an area of San Jose), Los Gatos, Monte Sereno, Saratoga, Cupertino, Los Altos, Los Altos Hills, and Palo Alto. Most of these communities are found along the base of the coastal foothills, aka the Santa Cruz Mountains, are are located not too far from Highway 85. The Silver Creek area (of the Evergreen District of San Jose) on the east side also has some fine schools. There are pockets with great elementary schools scattered throughout the valley too.
What do these homes cost? In the best areas, it is not uncommon to spend a million dollars or more for a “turnkey” home of 1800 square feet with no issues (no high voltage lines, no busy road, etc.). In some areas, like Saratoga, that might be closer to $2 million.
In many parts of Santa Clara County the elementary schools are excellent, middle schools are “very good” and the high schools are good. This is true for parts of west San Jose (bordering Cupertino and Saratoga) and Cambrian Park. These areas tend to be much more affordable than those with excellent schools in all levels. For home buyers not so worried about high schools as cost, these can be a great option for getting more home (and school) for your money.
While many home buyers are reluctant to consider private schools, sometimes it is much less expensive in the long run to purchase a comfortable home in an area you like but which doesn’t have fantastic schools and then send your kids to private or parochial schools. In Los Gatos, where the schools run from very good to exceptional, about one-third of students are not in public schools.
If you are planning a relocation to Silicon Valley and want to know more about local schools (public or private) please email me and I’ll be happy to chat with you about them more in person. I can also help you to find areas which are more affordable and offer strong schools.