234 Malet Street

Property Description

Rare opportunity to acquire and develop two newly subdivided estate parcels in one of Sonoma's most desirable tree-lined neighborhoods, just minutes from downtown. This approximately 1.34-acre property consists of two level, premium homesites: Lot 1 (0.53 acres) and Lot 2 (0.81 acres), providing an ideal setting for luxury residential development. Significant entitlement work has already been completed, substantially reducing both development timelines and entitlement risk. The Parcel Map and Subdivision Improvement Agreement received City Council approval in May 2026, with final recordation underway. Adding to the project's appeal, the City does not require a separate Design Review process, allowing planning and architectural approvals to proceed concurrently with building permit review. A conceptual home design prepared by Maximilian Development Company for Lot 2 illustrates the site's potential while still allowing flexibility for customization by a future owner or builder. Considerable pre-development work has already been advanced, including competitive contractor bidding and the removal of existing trees. The completed tree removal reduces future site development costs and helps streamline construction activities. Utility infrastructure has been planned to include city water and sewer service, PG&E electrical service, and an all-electric design approach. Buyers should note that a new PG&E service application and utility coordination process will be required as part of the development of each lot. This is a rare, near shovel-ready opportunity that combines completed entitlement work, reduced site development costs, and an efficient path to construction, creating exceptional value and potential for builders, developers, and custom home buyers alike.

Overview

Property Status

For Sale

Lot Size

0.98 Acres

MLS ID

326044069

Property Type

Land

Are you interested?

Schedule a Tour

or Contact

Tina Shone

707.799.7556 [email protected]

Evan Shone

707.328.9288 [email protected]

Features & Amenities

Neighborhood

Sonoma

View Description

City, Hills, Valley

Water Source

Private Well, See Remarks

Utilities

Cable Available, DSL Available, Internet Available, Natural Gas Available, Public, Water Available, See Remarks

Lot Features

Pool Site, Near Public Transit, Subdivided, Other, See Remarks

Sewer

Standard Septic, See Remarks

School District

Sonoma Valley Union

Sales Price

$2,250,000

Are you interested?

Schedule a Tour

or Contact

Tina Shone

707.799.7556 [email protected]

Evan Shone

707.328.9288 [email protected]

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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for your interest in 234 Malet Street, Sonoma, CA 95476

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