Montaldo Apartments — Sale in Sonoma, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Sonoma, CA 95476

Description

Montaldo Apartments offers a rare opportunity to acquire a fully entitled, CEQA-cleared multifamily development site along the Sonoma Highway (SR-12) corridor in the City of Sonoma—one of Northern California’s most supply-constrained housing markets. The ±2.15-acre infill site is approved for 50 residential units across seven low-rise buildings, delivering high-quality two-bedroom, two-bath apartment homes with a thoughtfully planned layout, extensive landscaping, common open space, and a strong parking program that includes a high proportion of garage parking. The project incorporates a 25% affordable housing component in compliance with City of Sonoma requirements and State Density Bonus Law. 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.

Market Context

This land in Sonoma, CA is listed for sale. It has been on the market for 54 days. Compare it against other land listings for sale in Sonoma, CA — view the full market.

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