Belmont, CA Properties Recently Sold or Taken Off-Market

Belmont City Description

In the first half of the 20^th century a handful of sanitariums took advantage of Belmont's calm, scenic atmosphere, sending patients there to relax and regain composure. Now, sitting at the convenient mid-point between San Jose and San Francisco, Belmont remains a haven for those in search of a supportive community, with strong historic and natural roots. Commuters access the city via highways 280, 101, and route 84, as well as Caltrain, BART, and Samtrans lines.

The city of Belmont ensures that it's residents are supported and included in every aspect of the community. Programs such as the Small Business Development Center and Facade Improvement Program provide advice and financial support for small businesses, making local revenue one of the city's top priorities. The Homebuyer's Assistance Program, part of Belmont City Council's Redevelopment Agency, helps first-time homebuyers afford housing. Art and fitness classes are free to the public through the Twin Pines Senior Community Center, and the Parks and Recreation Department organizes community hikes. Each of the 16 neighborhoods within Belmont have their own resident associations, which fosters a strong sense of community throughout the city. Ralston Hall, a registered historic landmark, draws in visitors and event planners from around the California peninsula in search of a picturesque area to hold weddings and conferences. Instead of a busy downtown area, Belmont is home to a handful of unique shops, as well as the Carlmont Shopping Village which has a larger selection of produce markets, retail, and restaurants. The newly remodeled library branch is expected to be open this coming year.

25,123 residents live in Belmont's 4.5-square-miles, earning a yearly median household income of $80,905. 380 properties were sold last year at a median price of $910,000. Belmont's newfound popularity (within the last 10 years) can be attributed to excellent schools and the nearby headquarters of Oracle Corporation, one of the largest companies developing computer database management systems. Forbes magazine once judged Larry Ellison, CEO, the richest man in the world. The Belmont-Redwood Shores School District, with an API score of 843, is composed of one middle and five elementary schools. Central Elementary (API 901) and Sandpiper Elementary (API 884) are notable in this district for school-wide performance. Carlmont High School, Sequoia Union High School, and the Notre-Dame de Namur University also offer excellent educational resources.

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Last Updated: 11/21/2009 6:58:18 PM