Home Highlights
Lot/Land
0.98 acre lot
Local Information
-- mins to
About this House
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.
Contact this Building
Last check for updates: about 6 hours ago
Listing courtesy of Tina Shone DRE #00787338
Sotheby's International Realty, (707) 935-2288
Evan Shone DRE #01967200, (707) 328-9288
Sotheby's International Realty, (707) 935-2288
Originating MLS: Sonoma
Home Details for 234 Malet Street
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MLS Status: Active |
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Appliances & Utilities Utilities: Electricity Available, Cable Available, DSL Available, Internet Available, Natural Gas Available, Public, Sewer Available, Water Available, See Remarks |
Gas & Electric Has Electric on Property |
View Has a ViewView: City, Hills, Valley |
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Exterior Home Features Fencing: Partial |
Frontage Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Paved |
Water & Sewer Sewer: Standard Septic, See Remarks |
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Days on Market: 82 |
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Property Type / Style Property Type: LandProperty Subtype: Residential Lot |
Property Information Usage of Home: Residential, See RemarksParcel Number: 128071014000 |
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Price List Price: $2,250,000 |
Status Change & Dates Possession Timing: Negotiable |
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Direction & Address City: Sonoma |
School Information Elementary School District: Sonoma Valley UnionJr High / Middle School District: Sonoma Valley UnionHigh School District: Sonoma Valley Union |
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Listing Agent Listing ID: 326044069 |
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Community Features: Park |
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Association for this Listing: SonomaNo HOAHOA Fee: No HOA Fee |
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Lot Area: 0.98 acres |
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Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. |
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Special Conditions: Standard |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 326044069Listing Url |
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Park |
Around this home
What Locals Say about Sonoma
At least 233 Trulia users voted on each feature.
87 % Say it's dog friendly
78 % Say car is needed
76 % Say yards are well-kept
75 % Say parking is easy
69 % Say it's walkable to restaurants
69 % Say there's holiday spirit
69 % Say kids play outside
67 % Say people would walk alone at night
65 % Say it's walkable to grocery stores
62 % Say there are sidewalks
62 % Say neighbors are friendly
61 % Say it's quiet
60 % Say they plan to stay for at least 5 years
54 % Say there's wildlife
54 % Say streets are well-lit
44 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Sonoma
Last updated August 2026
Avg. sale price
$1.05M
$107KMoM
Sale-to-List Price
98.1%
0.2%MoM
Price per sq ft
$648
$17MoM
Available listings
144
16MoM
Home Value
Trulia Estimate
$1.38MSince last month
Decreased$18K (-1.3%)Since last year
Decreased$335K (-19.4%)Since last sale
Decreased$5K (-0.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +106% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.4M |
| August 2026 | $1.38M |
| July 2026 | $1.41M |
| June 2026 | $1.64M |
| May 2026 | $1.73M |
| April 2026 | $1.71M |
| March 2026 | $1.74M |
| February 2026 | $1.67M |
| January 2026 | $1.63M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
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Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.39 | Lot/Land | $405,000 | 09/01/26 | - | - | ||
1.38 | Lot/Land | $725,000 | 05/26/26 | - | - | ||
2.21 | Lot/Land | $1,500,000 | 04/01/26 | - | - | ||
1.59 | Lot/Land | $775,000 | 03/20/26 | - | - | ||
1.87 | Lot/Land | $1,000,000 | 07/17/26 | - | - | ||
1.85 | Lot/Land | $275,000 | 07/13/26 | - | - | ||
2.18 | Lot/Land | $325,000 | 06/08/26 | - | - | ||
2.26 | Lot/Land | $335,000 | 12/22/25 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $1,373,500 | 3 | 2 | 1,795 | Off Market | |
0.06 | $1,790,700 | 3 | 2 | 2,110 | Off Market | |
0.07 | $1,021,900 | 3 | 2 | 1,482 | Off Market | |
0.07 | $645,000 | 3 | 1.5 | 1,045 | Recently Sold | |
0.07 | $875,200 | 3 | 2 | 1,342 | Off Market | |
0.08 | $1,734,500 | 4 | 2.5 | 2,575 | Off Market | |
0.11 | $1,475,000 | 6 | 6 | 3,892 | Recently Sold | |
0.11 | $700,000 | 3 | 2 | 960 | Recently Sold | |
0.11 | $1,460,300 | 3 | 2 | 2,065 | Off Market | |
0.12 | $904,800 | 2 | 2 | 1,369 | Off Market | |
0.14 | $723,400 | 3 | 2 | 1,488 | Off Market |
Price and Tax history
| Date | Event | Price |
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Jun 24, 2026 Source: BAREIS #326044069 | Listed For Sale | $2,250,000 |
Nov 2, 2020 Source: N/A | Sold | $1,400,000 |
| Year | Property tax | Tax assessment |
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| 2026 | Unavailable | $1,545,711 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.
Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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Frequently asked questions about 234 Malet Street
- How big is 234 Malet Street?234 Malet Street in Sonoma, CA is about 0.98 acres (42,667 sq ft).
- What is the price per acre for 234 Malet Street?234 Malet Street in Sonoma, CA is listed at $2,250,000, or about $2.3M per acre.
- What do residents say about Sonoma?Residents describe Sonoma, CA as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Sonoma, CA.
- What are the closest schools to 234 Malet Street?The closest schools to 234 Malet Street in Sonoma, CA are Adele Harrison Middle School (rated 4/10), Prestwood Elementary School (rated 5/10), Sonoma Valley High School (rated 7/10).
234 Malet Street, Sonoma, CA 95476 is a lot/land. This property is currently available for sale and was listed by BAREIS on Jun 24, 2026. The MLS # for this home is MLS# 326044069.

