
Santa Rosa, CA 95403
This Multi-Family Residential Income Asset is a High-Potential Investment Opportunity, listed at $2,100,000—positioned above the $1,721,582 Fair Market Value. While priced for its development upside, the property features prepaid sewer hookups and a 0.34-acre lot with significant expansion potential. Boasting a Mint Condition Rating (built 2019), this duplex offers modern, high-end finishes and a private yard with distant hill views. This is a strategic acquisition for Buy-and-Hold Investors or Developers seeking to capitalize on the permitted expansion and prime Larkfield location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49 Ursuline Road Subject | $1,990,000* List Price | 0 | 0 | 3,748 | $449 | - |
A 4040 Alexander David Court Sold | $1,500,000 | 4 | 6 | 3,704 | $405 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is less than 10 years old and remains in mint condition. The interior features modern high-end finishes, including contemporary kitchens with stainless steel appliances, updated bathrooms, and wide-plank flooring. Systems such as HVAC and electrical are nearly new, requiring no maintenance.
The property features prepaid and permitted sewer hookups that allow for the conversion of dens into third bedrooms and the construction of an additional unit on the rear 7,000 sqft section.
Built in 2019, this duplex offers contemporary townhome-style living with high-end finishes and low-maintenance appeal, minimizing immediate capital expenditure for a new owner.
Situated on a large 0.34-acre lot directly across from Cardinal Newman High School, the property occupies a highly desirable and high-demand area of Santa Rosa.
The property currently relies on individual septic systems, requiring the buyer to manage and complete the sewer connection process to realize the full expansion potential.
At a $2.1 million list price, the valuation heavily accounts for future development upside, which may result in tighter initial cash-flow margins for traditional income-focused investors.
Exceptional multi-family property in the desirable Larkfield area of Sonoma County. Built in 2019, this newer duplex offers quality construction, modern amenities, and low-maintenance appeal in a prime location directly across from Cardinal Newman High School. Each townhome-style residence is designed for comfortable, modern living and have high end finishes. Each home features a spacious kitchen and great room, 3 potential bedrooms (2 bedrooms plus office/ den), 3 full baths, an attached 1-car garage, and a private fenced yard. Set on one 0.34-acre parcel thoughtfully divided into three distinct and private sections, the property benefits from significant infrastructure upgrades already in place. While each unit is currently served by its own septic system, connecting to the prepaid and permitted sewer hookups will eliminate the septic systems entirely and unlock substantial expansion potential: each of the two existing units can be converted to support a third bedroom with closet, and the rear 7,000+/- sq ft section with its own private driveway can accommodate the construction of an additional unit(s). This is a rare combination of newer construction, multi-family, and a development opportunity in a sought-after Santa Rosa location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 33% |
| Baths | 0.0 | 6.0 | 33% |
| Square foot | 3,748 | 3,704 | 67% |
| Lot Size | 15,002 | 14,762 | 67% |
| Price | $1.99M | $1.50M | 67% |
| Price per sq ft | $531 | $424 | 67% |
| Built year | 2019 | 2017 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 115 | 33% |
May 30, 2026
$1,990,000
$2,100,000
-5% Price Drop
Initial Listing
May 12, 2026
$2,100,000
Initial Listing