Napa Multifamily Development Opportunity with Existing Single Family Home
MULTIFAMILY DEVELOPMENT POTENTIAL in a prime location just minutes from downtown Napa!
Live in or rent out the existing home for immediate rent income while you plan your multifamily project for the property.
Link to listing: Napa SFH + Multifamily Development Opportunity
Beautifully updated home with 4 bedrooms, 2 full bathrooms, detached double garage, and a HUGE 13,000+ square foot lot (0.3 acres)! RM Multifamily Residential zoning, this EXTREMELY RARE property is designated "High Density Residential" per the City of Napa General Plan which allows up to 40 residential units per gross acre! Buyer may also have the potential for a lot split or per 2024/2025 California SB 684 and SB 1123 which allow lots zoned multifamily to be split "by right", the local agency must ministerially approve qualifying lot splits within 60 days.
Whether you're looking to take advantage of the lucrative multifamily development potential now, live in the home while you plan, rent the home for immediate income while you plan, or buy the home for the endless other options for the HUGE lot and hold the property as a smart future investment. In addition to the multifamily development opportunities, other options for the 0.3 acre lot could include an addition to the home, a small vineyard, fruit trees, vegetable/flower gardens, swimming pool, tennis court, RV parking, and more.
Updates include a new second full bathroom in 2019, granite countertops, stainless steel appliances, water heater, furnace, concrete driveway, primary bathroom with tiled walls and floor, tile flooring in the kitchen, and hardwood flooring throughout adds a beautiful Napa wine country feel. The walk-out master bedroom has direct access to the huge back yard. Buyer to verify all details, permitted uses, and development potential.
Don't miss this once in a lifetime OPPORTUNITY! This is a rare chance to take advantage of Napa's growing housing demand and create a multifamily development in one of the most desirable areas of Napa Valley, or buy to invest for the future.
Property is currently occupied, do not enter the property or disturb occupants. Shown by appointment only, contact by phone or email to schedule. Buyer agents welcome. For sale by owner (I am the owner). Listing price $1,059,000.















