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Listed by Steven Level • Berkshire Hathaway
$ 2,400,000
Est. payment | /mo
108,464 SqFt
$ 2,400,000
Est. payment | /mo
108,464 SqFt
Key Details
Property Type Vacant Land
Sub Type Residential Acreage
Listing Status Active
Purchase Type For Sale
Square Footage 108,464 sqft
Price per Sqft $22
MLS Listing ID 325043115
HOA Y/N No
Lot Size 2.490 Acres
Acres 2.49
Property Sub-Type Residential Acreage
Property Description
Situated on a level 2.49-acre parcel in the heart of Sonoma County, this exceptional residential multi-family development site presents a rare opportunity for investors and developers looking to capitalize on the region's strong housing demand. Located in the thriving city of Santa Rosa, the property benefits from a prime position within easy reach of local amenities, transportation corridors, and the natural beauty of Sonoma County. The existing plans, designed by the renowned Hedgepath Architects, call for a 47,900 square foot development consisting of three buildings. The proposed project includes 50 units, with a mix of 38 spacious 2-bedroom, 2-bathroom units and 12 well-appointed 1-bedroom, 1-bathroom units. Each unit is thoughtfully designed to maximize comfort and functionality, appealing to a broad spectrum of tenants in the area. The development also includes 113 parking spaces, providing ample parking for residents and visitors. All entitlements are in place and the project is permit-ready, subject to buyer review and acknowledgement. Extensive pre-development work has been completed, including grading, mitigation, and some permits, which have been fully paid for.
Location
State CA
County Sonoma
Area Santa Rosa-Southeast
Zoning Multi-Residential,Residential
Exterior
Fence Full
Utilities Available Cable Available, Internet Available, Natural Gas Available, Phone Available, Public, Water Available
Building
Lot Description Curb(s), Shape Regular, Sidewalk(s)
Sewer Public Sewer
Water Public
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