$2,400,000

Estimated payment $14,507/month

Total Views 11,706
2.49 Acres
$963,855 Price per Acre
108,464 Sq Ft Lot

About This Lot

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.

Listing Agent

Steven Level

Berkshire Hathaway License #01184232 Listed on: 05/10/2025

Berkshire Hathaway

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,024

Lot Details

  • 2.49 Acre Lot
  • Property is Fully Fenced
  • Property is zoned R3, Multi-Residential,Residential

Utilities

  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 134-132-015-000

Property Details

Property Type

Land

Est. Annual Taxes

$15,024

Lot Details

0

Listing Details

  • Type: Land
  • Property Sub Type: Residential Acreage
  • Directions To Property: 3496 Santa Rosa Ave, Santa Rosa, CA
  • Lot Size Acres: 2.4900
  • Road Surface Type: Paved
  • Special Features: None

Exterior Features

  • Lot Features: Curb(s), Shape Regular, Sidewalk(s)
  • Fencing: Full

Utilities

  • Electric: Electric Available
  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet Available, Natural Gas Available, Phone Available, Public, Water Available
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 134-132-015-000
  • Lot Size Sq Ft: 108464.00
  • CurrentUse: Other
  • DevelopmentStatus: See Remarks
  • NumberOfLots: 1
  • Zoning Description: Multi-Residential,Residential

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $15,024 $1,179,421 $1,179,421 --
2023 $15,024 $1,156,296 $1,156,296 $0
2022 $14,342 $1,103,736 $1,103,736 $0
2021 $14,188 $1,082,095 $1,082,095 $0
2020 $13,774 $1,071,000 $1,071,000 $0
2019 $13,683 $1,050,000 $1,050,000 $0
2018 $2,580 $126,090 $63,297 $62,793
2017 $0 $123,618 $62,056 $61,562
2016 $2,416 $121,195 $60,840 $60,355
2015 -- $119,376 $59,927 $59,449
2014 -- $117,039 $58,754 $58,285
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2025 05/10/25 For Sale $2,400,000 +128.6% $22 / Sq Ft
11/29/2018 11/29/18 Sold $1,050,000 0.0% $10 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
06/02/2017 06/02/17 For Sale $1,050,000 -- $10 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Deed -- Fidelity National Title
Deed -- Fidelity National Title
Grant Deed $1,050,000 Fidelity National Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 Unknown
Source: Public Records

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325043115

Bay Area Real Estate Information Services (BAREIS)

APN: 134-132-015