Build your custom dream home in Fountaingrove, Santa Rosa. This prime, build-ready lot in the prestigious Fountaingrove neighborhood offers a rare opportunity to create a custom home with flexible design options. The relatively flat terrain keeps construction costs down, whether you prefer a single-level layout or a two-story residence. There’s even potential space for a swimming pool to enjoy the sunny wine country lifestyle. As part of this offering, you’ll have the opportunity to collaborate with Farrell-Faber Architects on a bespoke design and bring your vision to life with the expert craftsmanship of Wright Residential. Nestled in the heart of Sonoma County’s wine country, this property offers easy access to world-class golf courses, the Charles M. Schulz Airport, and a vibrant downtown Santa Rosa, known for its culinary scene and wine culture. This is your chance to build a dream home in one of Northern California’s most sought-after communities with a trusted design-and-build partnership! picture is an architectural rendering*

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The first ten lot sales after the fire are now final. Half a dozen are from Coffey Park and the others are in Larkfield and Fountaingrove. These are mainly smallish lots from around 5,000 square feet up to a quarter of an acre. It’s impossible to rank the lots as far as views or amenities, so I am going to stick with “just a lot” for now. Prices ranged from a low of $20 per square foot to a high of just under $40 per square foot. The highest value per foot was for a 6,000 square foot lot in Mark West Estates.

Approximately half the prices were over $30 per square foot and half were under. One outlier that I excluded from the calculations was a parcel just over 6 acres in the Riebli/Wallace Rd area. It sold for $620,000 which was more than double the price of any other lot, but was only $2.30 per square foot. That still works out to nearly $100,000 per acre which is an aggressive price for Sonoma County planted vineyard, but high for a rural homesite.

When you are evaluating large property for sale or purchase, it’s still best to use a standard analysis of utility, location, views, water and septic, and other factors to establish the value of the core home site and then figure the additional acreage at a reduced rate.

There are dozens of additional listings that are either pending or contingent, so we will have more granular data to look at over the next few weeks. In the meantime, you can use $30 per square foot as a first guess at value. Feel free to get in touch if you would like help analyzing a lot sale or purchase.  One warning to anyone shopping for a lot. Median days on the market for this first batch of lots was 20 days. Not 20 days to get an offer, but 20 days from listing to closing with many cases of multiple offers. Be prepared, my friends. Be prepared.