
Sonoma, CA 95476
This Triplex Residential Income Asset is a Strong Value Opportunity, listed at $1,600,000—positioned well above the $1,472,733 Fair Market Value by -8%. Featuring a Condition Rating of 3, the property offers a private, updated main residence alongside a functional duplex, providing immediate rental versatility in downtown Sonoma. While the secondary units require cosmetic updates, the high-end exterior hardscaping and prime location ensure long-term demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack in a premier Wine Country market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 222 W Spain Street Subject 0 bd · 0 ba · 1,996 sqft · $738 | $1,600,000* List Price | 0 | 0 | 1,996 | $738 | - |
A 340 Church Street Active 4 bd · 4 ba · 2,122 sqft · $589 · 0.2 mi | $1,250,000 List Price | 4 | 4 | 2,122 | $589 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a well-maintained triplex where the main residence shows significant updates including hardwood flooring, vaulted ceilings, and modern interior trim. While the kitchen in the secondary units features dated oak cabinetry and older black appliances (likely 15-20 years old), the overall condition is move-in ready with functional HVAC systems and high-end exterior hardscaping.
Situated in the heart of Sonoma, the property is steps away from the historic Plaza, world-class dining, and boutique shopping, ensuring high desirability and long-term value.
The triplex configuration, featuring a main residence and a separate duplex, offers flexible options for rental income, multigenerational living, or a high-yield investment strategy.
The updated three-bedroom main home is set back from the street with a private gated entrance, providing a secluded retreat without sacrificing proximity to urban amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =490049984, other record lot size in square feet = 11250.
With a total of 1,996 square feet distributed across three separate units, the individual living spaces are relatively compact, which may limit appeal for tenants or owners seeking more spacious interiors.
The current list price of $1.6M represents a substantial 50% decrease from the 2022 sale price of $3.2M, suggesting potential market correction or property-specific factors that require thorough due diligence.
Downtown Sonoma living with built-in income potential! Located in the heart of Sonoma, 222-226 W Spain Street offers an exceptional combination of location, privacy, and versatility. Set back from the street, the updated three-bedroom, two-bath main residence enjoys its own private gated entrance, creating a sense of separation and retreat while remaining close to everything downtown Sonoma has to offer. At the front of the property, a duplex features two separate two-bedroom, one-bath units, providing flexibility for rental income, multigenerational living, or investment. Live in the main residence while generating income from the duplex, or take advantage of the potential of all three residences as an investment property. With Sonoma's historic Plaza, acclaimed restaurants, tasting rooms, and boutique shopping nearby, this property brings together the best of Wine Country living and smart real estate ownership. Three residences, multiple possibilities, and one exceptional downtown Sonoma address.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,996 | 4,230 |
| Lot Size | 490,049,984 | 65,776 |
| Price | $1.60M | $1.30M |
| Price per sq ft | $802 | $307 |
| Built year | 0 | 1900 |
| HOA | $0 | $0 |
| Days on market | 1 | 62 |
Oct 23, 2026
$1,600,000
Initial Listing
Jul 12, 2022
$3,200,000
Public Record
Mar 16, 2020
$2,600,000
Public Record
Dec 2, 2005
$1,500,000
Public Record