Santa Rosa, CA – April 5, 2021 – Located in Santa Rosa’s prestigious Fountaingrove neighborhood and appropriately named Emerald Isle, this 12.57-acres development opportunity has just been listed for sale with Corcoran Global Living’s Commercial Division in Santa Rosa.  Represented by Paul Schwartz and Lauren Thompson, the property is situated in the center of The Fountaingrove Club’s 18-hole private golf course, overlooking the verdant greens.

The development includes approved plans for eight residential buildings for a total of 82 condominiums each with a garage and private outdoor living space. Community enhancements include a swimming pool and spa, a recreation center with exercise facilities, a pet park, sports court and a relaxing fire-pit lounge area. The plan maximizes the natural beauty of the area with nearly six acres of open space and over 250 mature heritage oak trees. The hilltop site is surrounded by three fairways with mountain views.

The approved development plan calls for occupancy of the condominiums by persons 55 years and older, addressing the housing demands for seniors in Sonoma County and emphasizing Santa Rosa’s well-earned reputation as a premier retirement destination.  With the passage of Proposition 19, low-maintenance condominiums overlooking a lush golf course will have wide appeal. The majority of the units will be two-bedroom, some with an additional den.  However, per the City of Santa Rosa, the project may be converted to a non-age restricted development.

“Emerald Isle has an approved Tentative Map and could be under construction as early as this year,” commented Paul Schwartz. “Once completed these highly-desirable condominiums can be either leased or sold as individual competitively-priced residential units in a market that has a pent-up demand.”

This incredible opportunity is listed at $5 million. For more information or to schedule a tour, please visit the website or contact Paul Schwartz, Sr. Sales Associate-Commercial Division, at schwartzbroker@gmail.com or 707.479.1841. Lauren Thompson may be reached at lauren@laureninsantarosa.com or 707.888.5633.

Fountaingrove is redolent with breathtaking vineyards and forested vistas and is virtually a hidden gem in Sonoma County, thus named Emerald Isle. Nearby, the SMART Train and the Charles Schulz airport increase the accessibility and convenience of this prime location.

Santa Rosa is approximately 50 miles north of the San Francisco on scenic Highway 101. With robust hospitality and tourism at heart, it is also the economic hub and the education, cultural and government center of Sonoma County.

About Corcoran Global Living

Founded on the principle of putting people first, Corcoran Global Living, an affiliate of The Corcoran Group, serves the California and Nevada markets with 46 strategically located offices in Northern California, Southern California and Reno/Lake Tahoe. Corcoran Global Living is well positioned to provide exceptional service to its very loyal customer base, with more than 1,600 dedicated, professional agents and gross annual sales of over $6.4 billion. With a forward-thinking leadership team and deep roots in real estate and notable private investment backing, Corcoran Global Living is poised for exponential growth into additional metro areas in the states where they operate. From luxury homes and income properties to vacation getaways and first-time homes, Corcoran Global Living has the experience, insight and expertise to achieve and surpass clients’ highest expectations. For more information, visit CorcoranGL.com.