Menlo Park, CA Properties Recently Sold or Taken Off-Market

Menlo Park City Description

Located in the center of California's peninsula, Menlo Park is accessible by U.S Highway 101 and Interstate 280. Close to Stanford University and the Stanford Shopping Plaza, this town is home to some of the largest financial and technological firms in the country.

Menlo Park was the first city in the world to combine a passion for agriculture and business by developing an outdoor garden area for it's commercial leaders. Playgrounds, public tennis courts, sports fields, and scenic hiking trails at Bayfront Park and Sharon Hills are popular outdoor destinations. 'Measure T Projects' ensure that city parks are maintained and improved throughout the year, and the Bicycle Commission works to make biking a safer and more popular alternative to driving. Downtown Menlo Park centers around Santa Cruz Avenue where residents can stop in at favorite restaurants such as Cafe Borrone, unique local pubs such as the Dutch Goose, or wander father to the Sharon Shopping Center or Santa Cruz Plaza.

The median house price in Menlo Park is $750,000, with an average of 600 houses sold a year. 30,784 residents occupy this city, earning a median household income of $84,609 per year. Sandhill Road, which brings travelers from Interstate 280 into downtown Menlo Park, is famous for it's concentration of venture capital firms, comparable to New York City's Wall Street. SRI International, one of the world's largest contract research institutions, Merril-Lynch, one of the world's largest financial management companies, and Price Waterhouse's accounting firm are all located in this area. The four schools within the Menlo Park City School District scored an average of 899 on the API test, with Hillview Middle School being recognized as a Blue Ribbon School as well as a California Distinguished School seven times. Menlo-Atherton High School has been named one of the top secondary schools in the nation by the U.S Department of Education's National School Recognition Program. Well-known residents include Stevie Nicks (Fleetwood Mac) and author Ken Kesey ("One Flew Over the Cukoo's Nest," member of the Merry Pranksters).

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Menlo Park House Sale Statistics

Last Updated: 11/22/2009 5:18:47 PM