Multi-Home Property with Development Potential

Nestled in the heart of Windsor, California, the location of the property offers a prime opportunity for a multifamily investor. The area boasts a vibrant community with convenient access to the Town Green, a hub for local events and gatherings. Nearby shops, dining, and entertainment options contribute to the area's appeal, making it an ideal setting for potential residents. The property's proximity to the Russian River provides easy access to outdoor recreational activities, creating a desirable lifestyle for future tenants. With its strategic positioning in this sought-after area, the property holds immense potential for a successful multifamily investment.A rare opportunity to acquire a ±0.98-acre parcel in the heart of Windsor, improved with three homes totaling ±5,014 square feet. Nestled just a short walk from the Windsor Town Green, the property offers immediate income-producing potential together with significant long-term redevelopment upside. Located within Windsor’s Downtown Station Area Plan, the property is designated Compact Residential (CR). This zoning supports residential densities of 12–24 dwelling units per acre, with the potential to increase up to 32 dwelling units per acre upon Planning Commission approval. Based on its size, 411 Walten Way can accommodate approximately 11–24 units by right, or up to ±31 units with density bonus consideration. The CR designation is designed for residential uses that promote a walkable, transit-oriented lifestyle, just steps from the SMART station and Windsor’s vibrant downtown core. While commercial uses are limited, select neighborhood-serving uses may be permitted under the Town’s Zoning Code, allowing for flexibility in project design. With its blend of three existing residences and high-value redevelopment potential, 411 Walten Way represents a unique opportunity for investors, developers, or owner-users to secure a prime position in one of Sonoma County’s most dynamic and desirable communities. Three neighboring parcels with the same development opportunities are also available. Architectural plans are available.