Offered at $3,900,000 -- $700K below the 2024 as-is appraisal of $4.6M. 5.08-acre LC-zoned gateway development site at the Arnold Dr roundabout — the primary entrance to Sonoma Valley wine country. ±300' combined frontage, 270° protected mountain views. Existing income of $180K+/yr covers carrying costs while you plan and entitle. 2024 appraisal $4.6M as-is. Development capacity documented in a Hogan Land Services feasibility study: hotel/resort, winery + tasting room, destination retail, events. Flexible structures: direct acquisition, sale-leaseback, or JV.