The spring buying season has come early in Silicon Valley! Buyers have been more enthusiastic since January and prices seem to keep going up. For affluent buyers, there are still some amazing luxury homes on the market with plenty of square footage and amenities to keep the whole family entertained. With a budget of about $5 million, how much house can you buy in Silicon Valley right now? We scoured the region from Palo Alto to Los Altos to find three envy-inspiring properties to compare.

150 Walter Hays Dr | Palo Alto, CA 94303 | $4,980,000

Sometimes it’s best to just go new. Finished in 2021, this stunning newly constructed home in North Palo Alto’s highly sought-after Green Gables neighborhood checks all the right boxes. It has space — 2,746 square feet of it, to be exact. Five bedrooms — or four bedrooms and a home office — offer plenty of flexibility. It’s also completely move-in ready and filled with standout features, like 10-foot ceilings, engineered hardwood flooring, recessed lighting throughout, a wall of windows, custom shelving, and a built-in fireplace in the living room. The kitchen is a cook’s dream with Thermador stainless steel appliances, including a 6-burner gas stove, built-in microwave, custom cabinetry, Krion counters, and a huge island. Other highlights include a separate dining room with custom lighting and skylight. A well-designed primary bedroom leads out to a landscaped backyard via a slider, while a tray ceiling, two closets and spacious bath with separate shower and tub, dual vanities, and skylight offer the “wow” moments. Lastly, the location is second-to-none. Situated on a quiet street with easy access to parks, shopping, Stanford, and freeways, the home is close to excellent schools, such as Duveneck Elementary, Greene Middle School, and Palo Alto High School.

553 Palm Ave | Los Altos, CA 94022 | $4,800,000

Another new construction opportunity is awaiting in Los Altos at this brand-new Modern Craftsman…with even more space. Teeming with luxurious appointments throughout, the 4,519 square-foot residence is an expression of meticulous attention to detail and thoughtful design. An open-style floorplan reveals an inviting great room and kitchen concept, making the heart of the home a joy to be in day or night. In the great room, trifold glass doors also open to the rear yard, bringing the outdoors inside and giving this entire space a feeling of expansiveness. The chef’s kitchen impresses with a massive island, granite countertops, and limestone backsplash set in a herringbone pattern, as well as high-end appliances. Four bedrooms and three-and-a-half baths include a gorgeous primary suite and a bonus room with a full wet bar and kitchenette attached to a massive recreation room — a perfect setup for an in-law, guest, or au-pair. This home has been tailor-made for both intimate living and entertainment on a whim. Wire-brushed European hardwood floors in all active living spaces create a sense of cohesiveness. And as an added bonus, there is a fenced-in parcel of land mere steps from the garage and across the alley — perfect for a swing set, storage structures, RV, or boat. A stroll-to-the-village location takes this offering over the top.

14388 Liddicoat Cir | Los Altos Hills, CA 94022 | $4,890,000

Mid-century modern fans might very well go crazy for this reimagined modern ranch-style home settled atop the crest of Liddicoat Circle in Los Altos Hills. Over 3,500 square feet and five bedrooms are united in a private, tranquil setting with the rare abundance of outdoor living space. The thoughtful design showcases the famed California indoor/outdoor lifestyle at its best while framing stunning panoramic views. Entertain in the modern open-air kitchen recently remodeled with porcelain countertops and state-of-the-art appliances or the sprawling 1.3-acre backyard with custom-built pool and jacuzzi, tennis and basketball court, and outdoor fire pit. The details are as swoon-worthy as the outdoor setting and views. Relish in the luxury of warm Castlewood oak flooring with natural light pouring in through collapsible Panoramic glass doors and property skylights. Most rooms face the gorgeous southwestern views.  Among the extras is an enormous laundry room. This home’s superb natural setting is what sets it apart. Walk to Arastradero trailhead for hiking, biking, and horseback riding, and yet you’re just minutes from Highway 280, Los Altos, and Palo Alto with its award-winning schools.