Why Live in Village of Palo Alto
The Village of Palo Alto in Wildwood, part of The Villages, offers homes from the Designer Homes and Courtyard Villa series built between 1996 and 2000. Designer Homes feature larger lots and more bedrooms, while Courtyard Villas have smaller floorplans centered around a courtyard. Residents benefit from paid-off bonds and a monthly amenity fee that grants access to numerous recreation centers, country clubs, and golf courses, though they handle their own landscaping. The neighborhood's social committee, The Palo Alto Club of the Villages, organizes activities like road trips, monthly dinners, and luaus. The Tierra Del Sol Country Club, within walking distance, hosts live music and offers an 18-hole championship golf course, while the nearby De La Vista Executive Course provides nine holes and a practice facility. For additional amenities like pickleball courts and swimming pools, residents can visit El Santiago Recreation Center and La Hacienda Recreation Center, both 2 miles away. Spanish Springs Town Square, 2 miles from the neighborhood, features shopping, dining, and entertainment with nightly live music and Spanish Revival architecture. Popular dining spots include Amerikanos Grille and McCall’s Tavern. Essential services like grocery stores, banks, and pharmacies are conveniently located nearby. While golf carts are common within The Villages, a car is necessary for travel outside the community. The neighborhood is less than 15 miles from Florida’s Turnpike and about 60 miles from Orlando International Airport. The nearest hospital is 2 miles away and accommodates golf cart parking.
Frequently Asked Questions
Is Village of Palo Alto a good place to live?
Village of Palo Alto is a good place to live. Village of Palo Alto is considered very car-dependent and somewhat bikeable. Village of Palo Alto has 2 parks for recreational activities. It has a median age of 77. The average household income is $72,632 which is below the national average. College graduates make up 31.6% of residents. A majority of residents in Village of Palo Alto are home owners, with 4.6% of residents renting and 95.4% of residents owning their home. A
local real estate agent serving Village of Palo Alto can help you decide if this neighborhood is the right one for you. Learn more on our
Village of Palo Alto neighborhood guide.
How much do you need to make to afford a house in Village of Palo Alto?
The median home price in Village of Palo Alto is $324,900. If you put a 20% down payment of $65,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $72K a year to afford the median home price in Village of Palo Alto. The average household income in Village of Palo Alto is $73K.
What are the best public schools in Village of Palo Alto?
The best public schools that serve Village of Palo Alto are:
What are the most popular zip codes in Village of Palo Alto, Wildwood, FL?
What are the most popular neighborhoods near Village of Palo Alto, Wildwood, FL?
Are home prices dropping in Village of Palo Alto?
Yes, home prices in Village of Palo Alto are down 12% in the last 12 months.
Home Trends in Village of Palo Alto, FL
On average, homes in Village of Palo Alto, Wildwood sell after 128 days on the market compared to the national average of 70 days. The median sale price for homes in Village of Palo Alto, Wildwood over the last 12 months is $291,371, down 20% from the median home sale price over the previous 12 months.
Median Sale Price
$291,371
Median Single Family Sale Price
$379,000
Median Townhouse Sale Price
$212,500
Average Price Per Sq Ft
$219
Number of Homes for Sale
2
Last 12 months Home Sales
16
Median List Price
$324,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-20%