254 1st St Sonoma, CA 95476
Estimated payment $38,174/month
Highlights
- 2 Acre Lot
- Level Lot
- 3-minute walk to Sonoma Overlook Trail
- Partially Fenced Property
About This Lot
New year new price on this incredible opportunity to develop 31 luxury entitled condominiums in the heart of Wine Country, just a stone's throw from the historic Sonoma Plaza. Bringing a new standard of luxury living to downtown Sonoma, the Eastside location cannot be beat. The development, comfortably nestled next to Depot Park and the City bicycle/walking path, provides a quiet retreat mere seconds from world-renowned dining and wine tasting, boutique shopping, and monumental landmarks of California's history. The project includes a mix of (20) 850 sq ft 1-bedroom and 1.5-bath units, (2) 800 sq ft 1-bedroom and 1 bathaffordable units, (4) 1,211 sq ft 2-bedroom and 2-bath units, and (5) 1,857 sq ft 2-bedroom and 2-bath units with third floor view terraces. Owners will enjoy an onsite pool, outdoor gathering area, and an established oak grove, as well as countless points of interest and outdoor activities nearby.
Property Details
Property Type
- Land
Est. Annual Taxes
- $58,482
Lot Details
- 2 Acre Lot
- Partially Fenced Property
- Level Lot
- Zoning described as Residential,Commercial
Parking
- 41 Parking Spaces
Listing and Financial Details
- Assessor Parcel Number 018-131-018-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $58,482 | $5,097,960 | $4,161,600 | $936,360 |
| 2024 | $58,482 | $4,998,000 | $4,080,000 | $918,000 |
| 2023 | $58,482 | $2,282,630 | $1,617,250 | $665,380 |
| 2022 | $27,447 | $2,237,874 | $1,585,540 | $652,334 |
| 2021 | $26,891 | $2,193,995 | $1,554,451 | $639,544 |
| 2020 | $26,827 | $2,171,500 | $1,538,513 | $632,987 |
| 2019 | $26,237 | $2,128,923 | $1,508,347 | $620,576 |
| 2018 | $25,880 | $2,087,180 | $1,478,772 | $608,408 |
| 2017 | $25,424 | $2,046,256 | $1,449,777 | $596,479 |
| 2016 | $24,128 | $2,006,134 | $1,421,350 | $584,784 |
| 2015 | $3,688 | $196,362 | $97,916 | $98,446 |
| 2014 | $3,601 | $192,516 | $95,998 | $96,518 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Pending | -- | -- | -- |
| 01/06/2025 01/06/25 | Price Changed | $6,250,000 | 0.0% | $72 / Sq Ft |
| 01/06/2025 01/06/25 | For Sale | $6,250,000 | -3.8% | $72 / Sq Ft |
| 12/31/2024 12/31/24 | Off Market | $6,500,000 | -- | -- |
| 10/30/2024 10/30/24 | For Sale | $6,500,000 | -- | $75 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Fidelity National Title | |
| Grant Deed | $4,900,000 | Fidelity National Title Compan | |
| Grant Deed | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $3,716,000 | Fidelity Natl Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,275,000 | Credit Line Revolving | |
| Closed | $4,200,000 | Construction | |
| Previous Owner | $4,200,000 | Credit Line Revolving | |
| Previous Owner | $2,415,400 | Commercial |
Source: San Francisco Association of REALTORS® MLS
MLS Number: 324086168
APN: 018-131-018
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