3496 Santa Rosa Ave 2.49 Acres of Residential Land Offered at $2,400,000 in Santa Rosa, CA 95407

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. Utilities are readily available at the street, ensuring a streamlined process for moving forward with construction.
The property is located near key amenities such as Friedman's Home Improvement, Andy Lopez Unity Park, and Old Possum Brewing Company, offering residents a vibrant community atmosphere and easy access to shopping, dining, and recreation. With its proximity to Rohnert Park, just 5 miles to the north, this location is poised to attract a strong pool of potential tenants seeking a comfortable, convenient place to call home.