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Listed by Michael Taylor Sterling California Properties
$ 2,495,000
Est. payment /mo
Active
2445 Summerfield RD Santa Rosa, CA 95405
0.93 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID 326068241
HOA Y/N No
Lot Size 0.926 Acres
Acres 0.9258
Property Sub-Type Commercial Lot
Property Description
Exceptional multifamily development opportunity in Santa Rosa! The proposed Lago Fresca Apartments project features 50 thoughtfully designed units on a prime 1.31-acre infill site at the corner of Hoen Avenue and Summerfield Road. The project offers a highly desirable and versatile mix of 1-, 2-, 3-, and 4-bedroom floor plans. Designed for modern, sustainable living, this all-electric community boasts fantastic on-site amenities, including a community room with a kitchenette, an outdoor play area, bicycle facilities, and 63 EV-ready parking spaces. Positioned perfectly near public transit for easy commuting, the project benefits from State Density Allowance approvals (including Design Review and Conditional Use Permit) by dedicating just four units to very low-income housing. With its environmental categorical exemption (CEQA Class 32) and completed traffic studies, this project offers a streamlined path to building a high-demand residential community in a fantastic Santa Rosa location. An incredible asset for any developer's portfolio!
Location
State CA
County Sonoma
Area Santa Rosa-Southeast
Exterior
Fence None
Utilities Available See Remarks
Waterfront Description Public,See Remarks
Private Pool No
Building
Lot Description See Remarks
Sewer See Remarks
Water Public, See Remarks
Others
Tax ID 014361029000
Special Listing Condition Other
Virtual Tour https://drive.google.com/file/d/1zL-eKdP5gP6ltTzOOG2US7Kddpyuiz5n/view
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