About This Home

This 0-bedroom, 0-bathroom commercial at 2445 Summerfield Road in Santa Rosa, CA is listed for $2,495,000. on a 0.93 acres lot.

Key Features

  • 0.93 acre lot
Listing 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 (in

cluding 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!

Monthly Cost Estimate

$13,344/mo

20% down · 6.5% · 30 years

Principal$1,804
Interest$10,812
Insurance$728

Estimates only. Actual payments may vary.

Location

2445 Summerfield Road

Santa Rosa, CA 95405

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2445 Summerfield Road is listed at $2,495,000. The estimated monthly payment is $13,344 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.93 acre lot.

This property is listed by Michael Taylor.

MT

Michael Taylor

Agent at Sterling California Properties

Listed by Sterling California Properties · Broker phone: (707) 396-2686 · Broker website

MLS# 326068241· Source: Bay Area Real Estate Information Services, Inc.· 6 days on PropertySimple

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2445 Summerfield Road, Santa Rosa, CA 95405

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