254 1st St E - Residential LAND FOR SALE


Sonoma, CA 95476 85,378 SF
$6,250,000 USD
415-370-7582
254 1st St E, Sonoma, CA for Sale
$6,250,000 USD
Residential LAND - FOR SALE
1/27
85,378 SF

254 1st St E
Sonoma, CA 95476


HIGHLIGHTS

  • A premier location offering a 31 unit Luxury residential condominium project.
  • Strong residential market fundamentals
  • Demand from young professionals and seniors prioritizing quality of life; looking for well designed living spaces or pied-a-terre
  • First infill new construction within 3-blocks of the Sonoma Plaza in decades.
  • The immediate neighborhood and community as a whole have embraced the project.
  • Site currently underdeveloped with office/warehouse uses and raw land.

OVERVIEW

New year new price reduction for this incredible opportunity to development 31 luxury entitled condominiums nestled beside Depot Park and the City paths and trails, a stone's throw from the historic Sonoma Plaza. Project is fully entitled for 31-condominium units - 32,729 square feet of residential space distributed among 6 buildings. Buildings will be low-profile, two-story structures with 5 units having exclusive third floor roof decks. Mix: (20) 850-sf 1-bedroom and 1.5 bath units, (2) 800-sf 1-bedroom affordable units, (4) 1,211-sf 2-bedroom and 2 bath units, (5) 1,857-sf 2-bedroom and 2 bath units with third floor view decks. Significant common open space with pool amenity; most units have large exclusive-use outdoor space. 41-parking spaces, including EV parking. The Plaza is home to world-famous dining and boutique shopping, brilliant wine tasting rooms, and cultural landmarks with lasting significance on California’s vibrant history.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/ACRE

$3,188,761/AC

PRICE/SF

$73 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Apartment Units - Condo

LAND ACRES

1.96 AC

LAND SF

85,378 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas

ZONING

MX

APN/PARCEL ID

018-131-018

ASK ABOUT THIS PROPERTY

Kilby StenkampVanguard PropertiesMore Info
415-370-7582

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kilby StenkampVanguard PropertiesMore Info
415-370-7582

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.