www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33718685
33718687

254 1st St E, Sonoma, CA 95476

KS
CA CA 01208585
Sotheby’s International Realty
Listed by Sotheby’s International Realty
$4,600,000
2 days on market
Updated 1 day ago

31 Unit Luxury Condo Development Near Downtown Sonoma Plaza

Details
Property Type Multifamily, Land
Sub Type Commercial, Entitled condo development
Square Footage 32,729
Units 31
Tenancy Vacant
Class A
Acreage 2.000
Zoning Mixed use
Parking Spaces 41 spaces
Parking Per SqFt 1.25
Sale Condition N/A

www.254fsesonoma.com

Marketing description

Back on the market! An exceptional opportunity to develop approximately 2 acres in downtown Sonoma. Take advantage of California's new density laws (SB 76) to create a project from the ground up, or bring the currently entitled development to completion. Demolition and grading permits are already in hand, providing a significant head start. Ideally situated in the heart of Wine Country, this highly desirable Eastside location is entitled for 31 luxury condominium residences just steps from the historic Sonoma Plaza. Create a new standard of luxury living in one of Sonoma's most sought-after neighborhoods. Nestled alongside Depot Park and Sonoma City Trail, the property offers a peaceful retreat just steps from world-renowned restaurants, acclaimed wine-tasting rooms, boutique shopping, and some of California's most significant historic landmarks. The approved project includes a thoughtfully designed mix of residences: twenty (20) approximately 850-square-foot one-bedroom, one-and-a-half-bath units; two (2) approximately 800-square-foot affordable one-bedroom, one-bath units; four (4) approximately 1,211-square-foot two-bedroom, two-bath units; and five (5) approximately 1,857-square-foot two-bedroom, two-bath penthouse-style residences featuring third-floor view terraces. Future residents will enjoy a resort-inspired pool, outdoor gathering spaces, and a preserved Oak grove, all within easy access to Sonoma's renowned attractions, recreational amenities, and vibrant downtown lifestyle. This is a rare opportunity to deliver a premier residential community in one of Northern California's most iconic destinations. This parcel could also be ideal for an owner user. The possibilities are endless.

Investment 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
  • Light and bright functionally designed floor space
  • Site currently underdeveloped with office/warehouse uses and raw land
  • The immediate neighborhood and community as a whole have embraced the project

Listing Contacts

KS
CA CA 01208585
Sotheby’s International Realty
Listed by Sotheby’s International Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
MX MixedMixed UseMixed Use
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 82 uses
View all 82 uses
Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Kilby Stenkamp
License
CA 01208585
Brokerage
Sotheby’s International Realty
Title
Real Estate Sales Person
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591