builder filesfile 31 of 42building for over 40 years, per the companyboyenga team at compass
Dividend Homes
Dividend Homes is a privately owned Silicon Valley builder with an office in Los Gatos, and it says it has built homes for more than 40 years. Its recent communities are townhomes in Mountain View, Sunnyvale and Palo Alto, each with its own style. Here’s what the records confirm and what the homes resell for.
- builder
- Dividend Homes, Inc.
- owned
- privately, per the company
- office
- Los Gatos
- president
- Jim Pedicini, per the company
- builds
- townhomes and some single-family homes
- architect
- Dahlin, at Acacia
- listings say
- “Dividend Homes”
- sales on record · live…
- median $/sq ft, last 2 yrs…
- for sale now · live…
- communities in our area7
where they are
Dividend communities in our area
From city records, an investor’s project page and the company’s own pages.
| community | city | year | homes | notes |
|---|---|---|---|---|
| Maravilla | Mountain View | 2019–2022 | 55 | Three-story Spanish-style townhomes with two-car garages, decks and courtyards, completed in 2022, per its investor Grosvenor. |
| Prism | Sunnyvale | about 2020 | — | Townhomes on E. Evelyn Ave. The company lists Prism among its neighborhoods. |
| Cayman | Morgan Hill | — | — | Single-family homes, listed among the company’s neighborhoods. |
| Alicante | Morgan Hill | — | — | Listed among the company’s neighborhoods. |
| Acacia | Palo Alto | 2023– | 16 | 420 Acacia Ave, on a former parking lot: townhome-style condominiums in four 2- and 3-story buildings, two of them below-market-rate, designed by Dahlin, per the city. |
| Kenison | Mountain View | opening 2026 | — | 317 Moorpark Way: single-family homes, per the company. |
| 3200 PARK | Palo Alto | coming 2027 | 74 | Townhome-style homes at 3200 Park Blvd, part of the former Fry’s site rezoned for redevelopment; marketed by Dividend Homes, per the company. |
Listings also credit Dividend Homes with the Sierrapoint townhomes on Sierra Vista Ave in Mountain View (2017), and one says a Dividend co-founder developed about 100 homes in the Los Altos Foothills; we couldn’t confirm either. Sundara in Fremont is outside our area.
the homes
What the homes are like
From the city, an investor’s project page and the company’s descriptions.
- product
Mostly townhomes
Maravilla and Prism are three-story townhomes over two-car garages; Acacia and 3200 PARK are townhome-style condominiums; Kenison is single-family.
- style
A style per site
Maravilla is Spanish-style, with stucco, tile and iron details; the company calls Kenison contemporary.
- architect
Dahlin at Acacia
Dahlin designed Acacia, with rooftop decks on most homes and private yards on two, according to a local report.
- bmr
Below-market-rate homes
Acacia includes two below-market-rate condominiums, which carry resale restrictions.
- solar
Solar after 2020
California has required solar on most new low-rise homes permitted since January 1, 2020, so check each home’s permit date and solar paperwork.
the sales ledger
Every recorded Dividend Homes sale
Each dot is a sale whose listing names Dividend Homes. Hover a dot for the address, date and price.
- sales on record…
- median price…
- median $ per sq ft…
- latest sale…
one recorded salemedian for the yearprice per sq ft = sale price ÷ listed living area
| sold | address | price | $/sq ft | bd / ba | sq ft |
|---|
New-home sales the builder handled directly may not appear in the MLS. Sales come from the MLS records available to us and include every sold listing whose description names the builder, so a few homes may be labeled by the listing agent rather than confirmed from tract records. Sold data is shown with the listing brokerage. Price per square foot uses the living area in the listing. Ask us for a full comparable-sales report on any address.
on the market
For sale now
Active listings whose description names Dividend Homes.
Checking active listings…
owning one today
Owning one today
- HOAs and CC&RsThe townhome communities have homeowners associations. Ask for the CC&Rs, budget, reserve study and any rules on roof decks and exteriors.
- Below-market-rate resale limitsPalo Alto, Mountain View and Sunnyvale require some below-market-rate homes in new projects. Check title for a BMR agreement before using a sale as a comparable.
- Warranty and SB 800We found no published Dividend warranty terms, so ask for the written warranty. California’s Right to Repair Act generally limits defect claims to 10 years after completion.
the nerd check
Buying or selling one
What we check when you buy
- Community and completion dateWe confirm the community, plan and completion date, which set the comparables and the warranty window.
- HOA reviewWe read the budget, reserves and minutes before you commit.
- BMR statusWe check whether a home or its comparables carry below-market-rate restrictions.
- The right comparablesWe compare against the same plan in the same community first.
How we market one when you sell
- Name the communityBuyers search for Maravilla, Prism and Acacia by name, so we lead with them.
- Document the upgradesWe list the options and finishes chosen when the home was new.
- Prep with a planOur Prep Lab budgets touch-ups before you list.
- Price from real salesWe price from recent resales of the same plan.
questions
Questions we hear
Who is Dividend Homes?
A privately owned Silicon Valley builder with an office in Los Gatos. It says it has more than 40 years of homebuilding experience, and Jim Pedicini is its president, according to the company.
Where has Dividend Homes built here?
Maravilla in Mountain View, Prism in Sunnyvale, Acacia in Palo Alto and Cayman and Alicante in Morgan Hill, with Kenison in Mountain View and 3200 PARK in Palo Alto coming next, per the company.
Do Dividend communities include below-market-rate homes?
Acacia includes two, per the city of Palo Alto. Ask whether any resale or comparable is a below-market-rate home, since those carry resale limits.
What warranty comes with a Dividend home?
The company doesn’t publish its warranty terms, so ask for the written warranty with any new-home contract and for what remains on a resale.
sources
Sources
City records, an investor’s page and company pages, checked October 2026.
- Dividend Homes: the Dividend differenceCompany description, leadership and neighborhoods (company)www.dividendhomes.com/the-dividend-difference/
- Grosvenor: Maravilla55 townhomes in Mountain View, completed 2022www.grosvenor.com/property/canada/maravilla
- City of Palo Alto: 420 Acacia Ave16 condominiums, two below market ratewww.paloalto.gov/News-Articles/Planning-and-Development-Services/420-Acacia-Ave
- SF YIMBY: 420 Acacia Avenue (2023)Buildings, plans and architectsfyimby.com/?p=29576
- Dividend Homes: AcaciaPlans and sizes (company)www.dividendhomes.com/acacia/
- Dividend Homes: Kenison317 Moorpark Way (company)www.dividendhomes.com/kenison/
- Dividend Homes: 3200 PARK74 townhome-style homes (company)www.dividendhomes.com/3200-park
- California Civil Code § 94110-year limit for construction-defect claimscalifornia.public.law/codes/civil_code_section_941
builder files
Every builder file, by era
Bars show the years each builder was building here. See all builders or the home styles field guide.
- Fernando Nelson1880–1920s
- Gellert (Sunstream)1922–1972
- Birge Clark1922–1970s
- Stoneson1920s–1960s
- Doelger1927–1960s
- McKeon1927–early 1970s
- Gardner Dailey1930s–1960s
- William Wurster1930s–1960s
- Rousseau1931–1933
- Bohannon1936–1955
- Cliff May1950s
- Stern & Price1951–1953
- Mackay Homes1950s
- Mardell1955–1959
- Hayman Homes1960s–1970s
- Ditz-Crane1962–1984
- Brown & Kauffmann1960s–1981
- Bahl1968–1986
- Ponderosa Homes1970s–1990s
- Shapell1971–2000s
- SummerHill Homes1976–today
- Pinn Brothers1976–today
- Robson Homes1989–today
- Pacific Peninsula Group1989–today
- Barry Swenson Builder1990s–2010s
- Classic Communities1990s–2010s
- Warmington1990s–2020s
- DeNova Homes2000s–today
- City Ventures2011–today
- Trumark Homes2012–today
- Dividend Homes2010s–today
- KB Home1980s–today
- Brookfield1990s–today
- Pulte Homes2000s–today
- Shea Homes2000s–2010s
- Lennar2000s–today
- Toll Brothers2000s–today
- Taylor Morrison2007–today
- D.R. Horton2010s
- Tri Pointe Homes2012–today
- K. Hovnanian2014–2018
- Meritage Homes2010s
talk to a property nerd
Own a Dividend home?
We can value it against resales of the same plan and get the HOA paperwork in order. Commissions are negotiable, and we offer bundled services, so ask us what’s included.
