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Gullane Dr
Santa Rosa, CA 95403
Emerald Isle · Land For Sale · 12.57 AC

INVESTMENT HIGHLIGHTS

  • 12.57 acre development opportunity.
  • Potential for 8 residential buildings, 82 condos, 95 garage parking spaces, and 115 open spaces.
  • Incudes 5.82 acres of natural open space including 280 existing oak trees.
  • Located within the prestigious Fountaingrove neighborhood.
  • Potential 55+ community *see Prop 19 advantage.
  • Overlooks Fountaingrove Club golf course.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Condo
  • Single Family Development
Total Lot Size 12.57 AC
Cross Streets Lahinch Lane
Zoning PUD

DESCRIPTION

Located in Santa Rosa’s prestigious Fountaingrove neighborhood is a rare 12.57 acre development opportunity aptly named, “Emerald Isle”, positioned in the center of The Fountaingrove Club’s 18-hole private golf course overlooking the lush fairways and greens. The development opportunity includes approved plans for eight residential buildings, for a total of 82 condominium units, each with an attached garage and a private outdoor living space. The community amenities include a swimming pool and spa, recreation center with exercise facilities, pet park, sports court, and fire pit lounge area. The final site plan gives deference to the area's natural beauty, featuring almost six acres of open space, framed by over 250 existing heritage oak trees. The project is currently approved as a 55 years+ community. Per the city of Santa Rosa, it could potentially be re-approved for all-ages/non-restricted occupancy. Should the developer choose to build the project as-approved, the condos would be a desirable option for those 55+ taking advantage of the tax portability provided by Prop 19. "Down-sizing" to a low maintenance condo, overlooking the beautiful golf course, in the retirement destination of Santa Rosa should have broad appeal. Just 45 miles north of the Golden Gate Bridge, Santa Rosa is the economic and government epicenter of Sonoma County, boasting a thriving hospitality and tourism scene, as well as vibrant industries in agriculture, medicine, high-tech, education, creative arts, and the environment. Outdoor enthusiasts from all over the world appreciate the beautiful regional parks and hundreds of hiking and biking trails. You can enjoy it all, from Emerald Isle.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 173-670-004
  • 173-670-016
Land Assessment
$6,293,532
Improvements Assessment
$0
Total Assessment
$6,293,532
  • Listing ID: 22536856

  • Date on Market: 3/22/2021

  • Last Updated:

  • Address: Gullane Dr, Santa Rosa, CA 95403

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