$4,600,000
$2M PRICE DROP

254 1st St E Sonoma, CA 95476

Estimated payment $29,446/month

Total Views 9,748
2 Acres
$2,305,764 Price per Acre
86,902 Sq Ft Lot

Highlights

  • 2 Acre Lot
  • Level Lot
  • 2-minute walk to Sonoma Plaza
  • Partially Fenced Property

About This Lot

Back on the market! An exceptional opportunity to develop approximately 2 acres in downtown Sonoma. Take advantage of California's new density laws to create a project from the ground up, or bring the currently entitled development to completion. Demolition and grading permits are already in hand, providing a significant head start. Ideally situated in the heart of Wine Country, this highly desirable Eastside location is entitled for 31 luxury condominium residences just steps from the historic Sonoma Plaza. Create a new standard of luxury living in one of Sonoma's most sought-after neighborhoods. Nestled alongside Depot Park and Sonoma City Trail, the property offers a peaceful retreat just steps from world-renowned restaurants, acclaimed wine-tasting rooms, boutique shopping, and some of California's most significant historic landmarks. The approved project includes a thoughtfully designed mix of residences: twenty (20) approximately 850-square-foot one-bedroom, one-and-a-half-bath units; two (2) approximately 800-square-foot affordable one-bedroom, one-bath units; four (4) approximately 1,211-square-foot two-bedroom, two-bath units; and five (5) approximately 1,857-square-foot two-bedroom, two-bath penthouse-style residences featuring third-floor view terraces. Future residents will enjoy a resort-inspired pool, outdoor gathering spaces, and a preserved Oak grove, all within easy access to Sonoma's renowned attractions, recreational amenities, and vibrant downtown lifestyle. This is a rare opportunity to deliver a premier residential community in one of Northern California's most iconic destinations. This parcel could also be ideal for an owner user. The possibilities are endless.

Listing Agent

Kilby Stenkamp

Sotheby's International Realty License #DRE #01208585 Listed on: 10/30/2024

Sotheby's International Realty

Property Details

Property Type

  • Land

Lot Details

  • 2 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Zoning described as Residential,Commercial,Fire Zone

Property Details

Property Type

Land

Lot Details

2 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Lot
  • Horses: No
  • Co List Office Mls Id: STHB1
  • Directions: Spain to 1st E, head North past the Sonoma City Trail. Right into the parking lot to the north of Vintage House. Lot is L-shaped, access to the back portion is behind the car port and through fence opening. Property currently leased to commercial tenants MTM.
  • PictureCountPublic: 25
  • BridgeModificationTimestamp: 2026-06-24T14:06:28.143Z
  • Special Features: None

Exterior Features

  • Fencing: Partial

Utilities

  • Sewer: See Remarks
  • Utilities: Electricity Available, See Remarks
  • Water Source: See Remarks
  • Electricity On Property: Yes

Lot Info

  • Current Use: Commercial
  • Lot Features: See Remarks
  • Lot Size Acres: 1.995
  • Lot Size Sq Ft: 86902.2
  • Lot Size Units: Acres
  • Topography: Mostly Level
  • Number Of Lots: 1
  • Zoning Description: Residential,Commercial,Fire Zone
  • Additional Parcels: No
  • Irrigation Water Rights: No

Green Features

Rental Info

  • Existing Lease Type: Net

Tax Info

  • Tax Tract: 0.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/17/2026 06/17/26 Price Changed $4,600,000 0.0% --
06/17/2026 06/17/26 For Sale $4,600,000 -26.4% --
06/20/2025 06/20/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $6,250,000 0.0% --
01/06/2025 01/06/25 For Sale $6,250,000 -3.8% --
12/31/2024 12/31/24 Off Market $6,500,000 -- --
10/30/2024 10/30/24 For Sale $6,500,000 -- --
Source: San Francisco Association of REALTORS®

Source: San Francisco Association of REALTORS®

MLS Number: 324086168

San Francisco Association of REALTORS®
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