Napa Valley may be one of the smallest cities located in California but it contains some of the most expensive real estate properties in the entire state. Napa both has the white and blue-collar jobs to boast its economy, particularly in the tourism side. The median home value in the city is $582,800.
Here are some of Napa Valley’s most expensive neighborhoods according to Napa Realtors:
Alta Heights/Montecito Heights
Alta Heights is the community for Italian families who settled here in the aftermath of an earthquake which destroyed the city in 1906. The community is surrounded with many interesting architecture, and provides a sweeping view of the Napa Valley below it. Zillow puts the median home value estimate to $565,900.
Majority of properties for sale or for rent in this neighbourhood are condominiums, either one or two bedroom units. The community has a swimming pool, a golf course, shops, spa, and restaurants. The cost of living is 54.60% which is higher than the national average. The median home cost is $472.500.
Bel Aire is known for its peaceful streets with bustling commercial centers. The community is accessible to the highway. It was once an agricultural area before it was developed to a residential area we know today. The median home income is $72, 564 and the average home value is $582, 800.
Westwoods close proximity to the main city makes it a high-valued location for residential and commercial properties. It is used to be a large valley of farms, plantations and orchards. Today, it comprises the Westwood Hills Park, many excellent schools, the Napa Premium Outlets and so much more. Most of the houses where constructed in the 1950’s by the Devita family. The median list price in this area is $529,000.
This neighborhood is located on the eastern part of Highway 29. It has there public elementary schools, one middle and one high school. It is close to both the Napa Outlets and the downtown area. Many residents are using bike as a mode of transport. The average home price is $609,000.
The neighborhoods close proximity to the bay makes it foggy and breezy, which makes it ideal for growing grapes. Today, there are more than 6,000 acres of vineries in the area. The median sales price is $527,000. The median sales price per square foot is $335, 000.