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1130 Hearn Ave - Dutton Meadows 15.69 Acres of Residential Land Offered at $8,214,420 CAD in Santa Rosa, CA 95407
Investment Highlights
- Retail/Residential approved mixed use development
- Approved CTS mitigation plan
- Close to Highway 101 and Santa Rosa Avenue retail area
- Potential to re-entitled with increased residential component
- Adjacent to planned fire station and public library
Executive Summary
The offered property is a portion of Phase 2 and all of Phases 4 & 6 of the Dutton Meadows master planned project. As approved the appropriately 2-4 acres of Phase 2 is medium/low density residential (2 to 13 DU/AC). Phase 4 is approximately 74,000 SF retail and Phase 6 is 2.4 acres medium density residential (8 to 18 DU/AC). Phase 5 of the project has been built out as apartments. Phase 1 and the portion of Phase 2 not included in this offering are being re-entitled for a higher density residential multi-family development. Phase 3 has been purchased by the city and will be developed as a fire station and a library. The city has indicated a willingness to amend the approvals for Phase 4 to significantly reduce the retail component and add high density residential units.
Property Facts
| Price | $8,214,420 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 15.69 AC |
| Property Type | Land | ||
| Zoning | PD06-001 - Planned development | ||
| Price | $8,214,420 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 15.69 AC |
| Zoning | PD06-001 - Planned development |
1 Lot Available
Lot
| Price | $8,214,420 CAD | Lot Size | 15.69 AC |
| Price Per AC | $523,544.95 CAD |
| Price | $8,214,420 CAD |
| Price Per AC | $523,544.95 CAD |
| Lot Size | 15.69 AC |
Raw land
Property Taxes
| Parcel Number | 043-191-021 | Improvements Assessment | $0 CAD |
| Land Assessment | $381,241 CAD | Total Assessment | $381,241 CAD |
Property Taxes
Parcel Number
043-191-021
Land Assessment
$381,241 CAD
Improvements Assessment
$0 CAD
Total Assessment
$381,241 CAD
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1130 Hearn Ave - Dutton Meadows
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