It's rare when development land with this kind of potential hits the market in Napa Valley - Randy Gularte
Napa, California (PRWEB) October 16, 2014
Rarely does development land become available in Napa Valley. When it does however, it is newsworthy. This approximately 6.75 acre parcel is zoned Multi Family and can be developed for apartments or condominiums. The general plan can support 15-20 units per acre and 725 Central Avenue is on the historic resource list.
There is a lot of historical significance about these properties. 737 Central Avenue has been owned by the Van Winden family since March 27th, 1959 when they purchased it from the Joseph and Bess Wales. 725 Central Avenue was acquired by the Van Winden’s on January 23rd, 1976 from Louis and Emily Gaggini. A month later the Van Winden’s signed a lifelong lease with the Gaggini’s allowing them to live out their lives rent free at that location.
These kinds of development opportunities don’t come around very often in Napa County. The county is only 788 square miles and most of it is dedicated to Napa’s world renowned wine industry, so the time to act is now. For detailed information on this project, please visit VanWindenProject.com.
About Heritage Sotheby’s International Realty
Heritage Sotheby’s International Realty specializes in listing and selling Napa real estate. From high-end homes, vineyards and investment properties to starter homes and vacation cottages, Heritage Sotheby’s International Realty’s experienced real estate agents and broker are some of the most experienced and knowledgeable Realtors in Northern California. Visit Heritagesir.com for more information.
About Sotheby's International Realty Affiliates, Inc.
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit Sothebysrealty.com.