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19320 Highway 12 - Montaldo Estates 2.15 Acres of Residential Land in Sonoma, CA 95476
Investment Highlights
- Approved for 50 multifamily rental units across seven low-rise buildings (five three-story and two two-story) in the City of Sonoma
- 25% affordable housing component (13 units) qualifying the project for a 32.5% density bonus and associated concessions under State Density Bonus Law
- 89 total parking spaces (68 garage, 3 carport, 18 surface), exceeding Density Bonus requirements and supporting suburban rental demand
- Final Environmental Impact Report certified with NOD filed in September 2025, substantially reducing entitlement and environmental risk
- Located in one of Northern California’s most supply-constrained housing markets, characterized by limited land availability and regulatory complexity
- Positioned the site for near-term building permit processing and construction. All discretionary approvals in place.
Executive Summary
All discretionary land use approvals have been secured, including Design Review, Density Bonus, Demolition approval, and Parcel Merger. The Final EIR has been certified, with a Notice of Determination filed in September 2025. PG&E gas and electric facilities have been removed, with water and sewer disconnections pending coordination with the appropriate agencies. With no discretionary approvals remaining, the site is nearly shovel-ready and offers a clear path to near-term execution in a highly constrained Sonoma housing market.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Apartment Units |
| Property Type | Land | Total Lot Size | 2.15 AC |
| Zoning | Housing Opportunity (R-O) - To accommodate very high-density residential development (15–25 dwelling units per acre) through attached multifamily housing. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 2.15 AC |
| Zoning | Housing Opportunity (R-O) - To accommodate very high-density residential development (15–25 dwelling units per acre) through attached multifamily housing. |
1 Lot Available
Lot
| Lot Size | 2.15 AC |
| Lot Size | 2.15 AC |
±2.15-acre infill site on Sonoma Highway, fully entitled and CEQA-cleared for a 50-unit multifamily rental project in the City of Sonoma. The approved program includes seven low-rise buildings with 100% two-bedroom units (25% affordable).
Description
19320 Sonoma Highway is a ±2.15-acre infill development site in the City of Sonoma, fully entitled and CEQA-cleared for a 50-unit multifamily rental community. The approved project consists of seven low-rise residential buildings with 100% two-bedroom units and a 25% affordable housing component. All discretionary approvals are complete, the Final Environmental Impact Report was certified with a Notice of Determination filed in September 2025, and demolition is approved, positioning the site as a near-term, execution-ready opportunity in one of Northern California’s most supply-constrained housing markets.
Presented by
19320 Highway 12 - Montaldo Estates
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