Portola Valley Real Estate & Homes for Sale in California
Portola Valley sits in San Mateo County in the San Francisco metro area. West of Stanford University and alongside the San Andreas Fault, Portola Valley is surrounded by wooded hills in a green valley enabling the town to retain a rural feel reminiscent of simpler days. (more)
While valuing its environmental initiatives and historic relevance, Portola Valley boasts excellent public schools and enthusiastic community volunteerism. With approximately 4,500 residents, the active populace can enjoy an extensive trail system, open space and panoramic views that contribute to safe, country living.
This south bay town sits almost equidistant between San Francisco 35 miles to the north and San Jose 30 miles to the east, offering countless nightlife, shopping and culture of neighboring cities. As one of the top forty wealthiest towns in the United States, Portola Valley presents luxury homes with spectacular views of the San Francisco Bay and Mt. Diablo. The housing market offers expansive and safe neighborhoods and exclusive amenities with the ambiance of a tranquil country retreat.
Portola Valley's beautiful new Town Center serves as the community's hub of activity, providing residents with a Community Hall, County Library, and a variety of recreational playing fields, to name a few. Portola Valley offers the amenities, entertainment and culture of nearby metropolitan hubs, while allowing residents to experience the rural charm and quality of a small-town community.
Portola Valley Homes for Sale
Portola Valley offers a variety of exclusive housing opportunities including custom built dwellings with spectacular mountain views and bay vistas, or treed countryside as your backyard. The town stresses architectural guidelines for homes and businesses to blend in with nature. Ranch, custom, modern and Mediterranean homes are offered within serene settings. (more)
Fantastic amenities are offered to residents, including lofty rooms, libraries, wine tasting salons and saltwater pools. Most homes for sale start under $2 million and can go up to $8 million with expansive floor plans and exclusive amenities. Lots and land are available for sale from $3 to $5 million depending on acreage, topography, views and utilities present. There are currently no condos or townhomes for sale; although some can come on the market from time to time.
Portola Valley Real Estate Stats and Trends for the week of April 19th, 2020: homes priced around $4,189,800 compared to $4,189,800 the previous week, to remain steady with no change in listing price. For Sunday, April 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.