234 Malet Street, Sonoma, CA 95476, Sonoma, 95476 - 3 bed, 1 bath
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Sonoma, CA 95476
Analysis of 234 Malet Street, Sonoma, CA 95476 is currently available with a list price of $2,250,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Sonoma Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1947, this 77-year-old 'vintage' cottage is significantly outdated. While the listing mentions dual-pane windows and a livable layout, the 3-bed, 1-bath configuration and the heavy marketing focus on 'future luxury development' across two parcels suggest the structure needs a complete rehab or is a candidate for replacement.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42667, living area = 1312.
The property consists of two separate, level parcels totaling 1.34 acres, offering a rare and lucrative opportunity for luxury residential development or expansion in a prime Sonoma location.
Situated on a desirable tree-lined street just minutes from downtown Sonoma, the lot features level topography and mountain views, blending privacy with easy access to urban amenities.
The 1947 vintage cottage is small with only one bathroom, likely requiring a total renovation or replacement to align with the high land value and neighborhood standards.
At $2.25M, the price reflects the land's development potential rather than the current residence, which may deter buyers seeking a move-in-ready luxury home at this price point.
Set on a generous 1.34+/- acres consisting of two parcels along one of Sonoma's desirable tree-lined streets, this unique property offers a rare combination of space, usability, proximity to town and future potential. The level topography creates an ideal setting for gardening, outdoor living, or future expansion, all just minutes from downtown amenities. The existing vintage residence is a modest 3-bedroom, 1-bath cottage featuring hardwood floors, dual-pane windows, and a comfortable, livable layout. Ample off-street parking includes room for larger vehicles or RV parking. This expansive property consists of two level, premium homesites: Lot 1 (0.53 acres) and Lot 2 (0.81 acres with a well), providing an ideal setting for future luxury residential development. Malet benefits from access to public utilities, including city water and sewer, offering convenience and long-term value. The expansive, usable land and established setting present an excellent opportunity for those looking to enjoy a simple Sonoma lifestyle today while exploring future possibilities. A special offering where location, usability, and potential come together in a peaceful, in-town setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,312 | - |
| Lot Size | 42,667 | - |
| Price | $2.25M | $957.1K |
| Price per sq ft | $1.7K | $599 |
| Built year | 1947 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 78 |
Jun 24, 2026
$2,250,000
Initial Listing
Nov 2, 2020
$1,400,000
Public Record