You may have heard of a number of cities in Silicon Valley, but chances are, you may not be aware of Los Altos Hills. This is a small town that is purely a residential area. There are a number of prominent people who live in Los Altos Hills, with most of them working in the large tech companies in the nearby cities. This is one place that has affordable housing and as such most company executives have moved to this town. There are people from different ethnicities and nationalities.
Overview of Los Altos
Los Altos Hills has seen a number people with younger families buy homes. There are many people who are moving from Mountain View, Los Altos and Palo Alto to Los Altos Hills as they start their families. This is as a result of the privacy and ambience that the area offers. This gives you a good place to stay and you can easily commute to Google and Apple offices.
This has made it to become a place of interest for most people. As such, there has been an increased demand of the homes this has seen the homes shoot up from $3 million to about $8 million. The prices have been escalating, consistent in the last couple of years. Most of the homes are on flat and buildable lots and are even.
Residents Who Live In Los Altos Hills
As a way of keeping up with the privacy, a good number of residents will buy homes in an LLC. This is one of the ways for some of the people with a high net worth to keep their anonymity. However, Yuri Milner, the Russian billionaire and tech entrepreneur hit the headlines, a few years ago, when you purchased a home on La Paloma Drive for $100 million. The Google founder, Sergey Brin is also known to have a home in Los Altos Hills. Sundar Pichai, who is the Google CEO also lives here as well as Adrienne Barbeau, a renowned actress.
Stephen Schott, the former Oakland Athletics owner resides in Los Altos Hills and is a real estate developer. There are some other people who used to live in Los Altos Hills, but have since relocated. Some of the key figures include David Packard, the co-founder of Hewlett-Packard, Wallace Stegner, the author with the Pulitzer Prize to his name as well as Barry Bonds, a former player with San Francisco Giants.