$51,000,000

Estimated payment $341,116/month

10 Beds
11 Baths
105,082 Sq Ft
$485 Price per Sq Ft

Highlights

  • 3.3 Acre Lot
  • Corner Lot
  • Guest Parking
  • Vaulted Ceiling
  • Storage
  • 2-minute walk to Village Green Park

About This Home

Park Lane Villas East is a 2007 mixed-use community comprising nine three story buildings on approximately 3.3 acres in southwest Santa Rosa, the economic center of Sonoma County. The Property includes 100 residential apartments and a ground floor commercial component. Its residences span approximately 102,367 square feet across seven floor plans, ranging from two-bedroom flats to three-bedroom, two-and-a-half-bath townhome style homes. Averaging approximately 1,024 square feet, the apartments feature in-unit laundry and private outdoor space. Developed as a condominium project alongside Park Lane Villas West, 960 Doubles Dr has operated as a rental community since completion, while the West residences were sold individually. The result is a distinctive investment offering an established multifamily asset with commercial income, potential rent growth as leases turn over, and a condominium ownership structure that may provide future disposition flexibility, subject to legal and market review.

Listing Agent

Jaime Gutierrez

Artisan Sotheby's Int'l Realty License #02199659 Listed on: 09/28/2026

Co-Listing Agent

Rosemarie Corrigan

Artisan Sotheby's Int'l Realty License #00880048

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 3.3 Acre Lot
  • Landscaped
  • Corner Lot

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 105,082 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Vaulted Ceiling
  • Ceiling Fan
  • Storage
  • Laundry in unit

Bedrooms and Bathrooms

  • 10 Bedrooms

Parking

  • 105 Carport Spaces
  • Guest Parking
  • On-Street Parking
  • Uncovered Parking

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • 9 Buildings
  • 111 Units

Building Details

  • Gross Income $3,620,330

Property Details

Home Type

Multi-Family

Year Built

Built in 2007 | Remodeled

Lot Details

3.3 Acres

Listing Details

  • Interior Amenities: Elevator, Storage, Vaulted Ceiling(s)
  • Type: Residential Income
  • Lot Size Acres: 3.3
  • Standard Status: Active
  • CapRate: 5
  • Levels: Three Or More
  • Property Sub Type: Multi Family
  • Co List Office Mls Id: 7BASIR3
  • Co List Office Mls Id: 7BASIR3
  • MLS Status: Active
  • Directions: Going west on Sebastopol Rd towards Wright Rd. Turn on Doubles Dr.
  • Living Area: 105082
  • Power Production Type: None
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: None
  • NumberOfBuildings: 9
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bedrooms: 10

Exterior Features

  • Construction Materials: Frame, Wood
  • Lot Features: Corner Lot, Curbs/Gutters, Landscape Front, Shape Regular, Sidewalk
  • Property Condition: Original, Updated/Remodeled
  • Roof: Composition, Shingle
  • Foundation Details: Concrete, Slab

Garage/Parking

  • Parking Features: Carport, Covered, Guest, On Street, Uncovered
  • Carport Spaces: 105

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: In Unit

Schools

  • Middle/Junior School District: Santa Rosa Elementary
  • Junior High Dist: Santa Rosa City Schools

Lot Info

  • Lot Size Sq Ft: 143748

Rental Info

  • TenantPays: Gas, Sewer, Trash Collection, Water

Building Info

  • Year Built: 2007

Multi Family

  • NumberOfUnitsTotal: 111
  • Annual Gross Income: 3620330

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
09/28/2026 09/28/26 For Sale $51,000,000 -- $485 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 326082137

Bay Area Real Estate Information Services (BAREIS)
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