Sonoma Luxury Condominium Development
For Sale
$4,600,000
254 1st Street E, Sonoma, CA 95476
Entitled condominium development opportunity in the heart of Wine Country.
Property SizeContact for details
Lot Size2.00 Acres
Days on Market647
Property Features for 254 1st Street E
General Information
Standard status
Active
Lot size
2.00 Acres
Property subtype
Land or Vacant Lot
Listing Agency:
SOTHEBY'S INTERNATIONAL REALTY
(707) 935-2288
Listed By:
KILBY E STENKAMP
Source:
Corcoran
Added: Nov 1, 2024
Changed: Aug 8
Last Checked: Jul 16 at 6:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SOTHEBY'S INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
This property presents an opportunity to develop 31 luxury entitled condominiums in the heart of Wine Country, near the historic Sonoma Plaza. The Eastside location offers proximity to Depot Park and the City bicycle/walking path, providing a retreat near dining, wine tasting, boutique shopping, and historical landmarks. The project is designed to include a mix of unit sizes and configurations, including twenty 850 sq ft 1-bedroom and 1.5-bath units, two 800 sq ft 1-bedroom and 1 bath affordable units, four 1,211 sq ft 2-bedroom and 2-bath units, and five 1,857 sq ft 2-bedroom and 2-bath units with third floor view terraces. Planned amenities include an onsite pool, outdoor gathering area, and an established oak grove. The location provides access to points of interest and outdoor activities.
Key Highlights
- Entitled for development of 31 luxury condominiums.
- Prime location in the heart of Wine Country, near Sonoma Plaza.
- Includes a mix of 1- and 2‑bedroom units with varying sizes and layouts.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,680
Businesses Nearby
Explore this area
Business Placement
Demographics for 95476, CA
34,575
Population
16,974
Households
2
Avg Household Size
50
Median Age
41%
College-Educated
90%
High-School Grad
107.8 sq mi
ZIP Area
321
Density / Sq Mi
$108,322
Median Household Income
$52,530
Median Earnings
$2,127
Median Rent
$882,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Entitled condominium development opportunity in the heart of Wine Country.
Where is this residential land & home lot located?
The property is located at 254 1st Street E Sonoma, CA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: Entitled for development of 31 luxury condominiums.; Prime location in the heart of Wine Country, near Sonoma Plaza.; Includes a mix of 1- and 2‑bedroom units with varying sizes and layouts.
