Cupertino

Real Estate In Cupertino

Location

Cupertino is a city in Santa Clara County, California in the U.S., directly west of San Jose on the western edge of the Santa Clara Valley with portions extending into the foothills of the Santa Cruz Mountains. The population was 58,302 at the time of the 2010 census. Forbes ranked it as one of the most educated small towns. It is best known as home to the worldwide headquarters of Apple Inc.

History

Cupertino in the 19th century was a small rural village at the crossroads of Stevens Creek Road and Saratoga-Mountain View Road (also known locally as Highway 9; later Saratoga-Sunnyvale Road, and then renamed to De Anza Boulevard within Cupertino city limits). Back then, it was known as the West Side and was part of Fremont Township. The primary economic activity was fruit agriculture. Almost all of the land within Cupertino’s present-day boundaries was covered by prune, plum, apricot, and cherry orchards. A winery on Montebello Ridge overlooking the Cupertino valley region was also operating by the late 19th century.

Soon railroads, electric railways, and dirt roads traversed the West Side farmlands. Monta Vista, Cupertino’s first housing tract, was developed in the mid-20th century as a result of the electric railway’s construction.

After World War II, a population and suburban housing boom dramatically shifted the demographics and economy of the Santa Clara Valley, as the “Valley of Heart’s Delight” was beginning to transform into “Silicon Valley”. In 1954, Cupertino leaders began to drive for incorporation as they were concerned about unplanned development and rising property taxes. In the September 27, 1955 election, voters approved the incorporation of the City of Cupertino. Cupertino officially became Santa Clara County’s 13th City on October 10, 1955.

A major milestone in Cupertino’s development was the creation by some of the city’s largest landowners of VALLCO Business and Industrial Park in the early 1960s. Of the 25 property owners, 17 decided to pool their land to form VALLCO Park, 6 sold to Varian Associates (property later sold to Hewlett-Packard), and two opted for transplanting to farms elsewhere. The name VALLCO was derived from the names of the principal developers: Varian Associates and the Leonard, Lester, Craft, and Orlando families. A neighborhood outdoor shopping center and, much later, the enclosed Vallco Fashion Park, briefly renamed Cupertino Square, were also developed.

De Anza College opened in 1967. The college, named for Juan Bautista De Anza, occupies a 112-acre (0.45 km2) site that was the location of a winery built at the turn of the 20th century, called Beaulieu by its owners, Charles and Ella Baldwin. Their mansion has now become the California History Center. De Anza College now has about 22,000 students and is a hub of activity in the city. Its flea market, held the first Saturday of the month, attracts thousands from around the area.

Housing developments were rapidly constructed in the following years as developers created many neighborhoods, including Fairgrove, Garden Gate, Monta Vista, Seven Springs, and many other developments. Although originally low-cost housing, Silicon Valley’s housing prices shot up dramatically as many houses that were formerly lowly priced became multi-million dollar homes. The high cost of living in Cupertino is attributed by people wanting their children to receive high-quality schooling. Nevertheless, the price of housing seems to have weathered even the 2007–8 slump in economy.

On December 1, 2009, Cupertino became the first city in Northern California to have an Asian-American-majority city council.

Cupertino Demographics

Cupertino California U.S.
Median Household Income $118,459 $61,283 $51,660
Median Home Price $892,580 $342,040 $183,450
Cost Of Living- % of Nat Avg 239% 135% 100%
Unemployment 8% 12% 10%
Violent Crime Index- 1=lowest 2 6 4
DPY With Sun 265
DPY With Precipitation 54
Population 52,391
Cupertino Zillow Home Value Index

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