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$4,100,000
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Property Description
311 Fairview Ln is a 44-unit multifamily investment property located in Sonora, California. Built in 1980, the asset consists of approximately 31,095 square feet situated on a 1.49-acre parcel totaling approximately 64,904 square feet. The property serves the Downtown Sonora submarket and offers a balanced unit mix of 50% one-bedroom units and 50% two-bedroom units. Current market rents in the surrounding area average approximately $950-$1,150 for one-bedroom units and $1,350-$1,500 for two-bedroom units, presenting upside potential through future rent adjustments and operational improvements. Conveniently located near downtown Sonora with access to major transportation corridors, shopping centers, schools, employment hubs, and neighborhood amenities, the property benefits from steady rental demand driven by the area's workforce housing needs. An investment in solar panels may help reduce the landlord's electricity burden caused by a common water heater.
Full Property Details
Full Property Details for 311 Fairview Ln
General
- Price: $4,100,000
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 226073207
- Updated: 6/16/2026
- Added to Site: 32 day(s) ago
Interior
- Flooring: Carpet, Laminate, Linoleum, Varies by Unit
Rooms
Other Rooms
- Laundry: In Common Area
Parking
- Total Spaces: 44
- Parking: Carport, Other
Location
- Area: 22042
- County: Tuolumne
- Cross Streets: W Stockton St
- Driving Directions: From CA-49/W Stockton St, turn onto Fairview Ln. Property is located on Fairview Ln at 311 Fairview Ln, near Adventist Health Sonora.
School Information
- School District: Tuolumne
- Elem School District: Sonora
- Midd School District: Sonora
- High School District: Sonora Union High
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Wall Furnace, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric
Structural Information
- Construction: Frame, Wood Siding
- Foundation: Other, Slab
- Stories/Levels: 2
- Year Built: 1980
Unit Information
Unit 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 1.49
- Lot Size (Sq. Ft.): 64,904
- Irrigation System: None
- Zoning: CO
- Lot Description: None
Disclosures and Reports
- Special Conditions: None
- APN: 002-210-030
Listed by Cosol Commercial Real Estate
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Schools
Schools serving 311 Fairview Ln
School Districts:Sonora Elementary School District, Sonora Union High School District
| Name | Grades | Distance |
|---|---|---|
Sonora Elementary School 830 Greenley Road, Sonora, CA 95370 | K-8 | 1.2 mi |
Sonora High School 430 North Washington Street, Sonora, CA 95370 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 311 Fairview Ln
Date
Details
Price
Change
Source
6/09/2026
Listed
$4,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 311 Fairview Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,827
—
$1,612,620
2%
2025
$16,827
-8%
$1,581,000
-7%
2024
$18,296
2%
$1,706,174
2%
2023
$18,016
155%
$1,672,721
155%
2022
$7,062
2%
$654,845
2%
2021
$6,912
1%
$642,006
1%
2020
$6,824
3%
$635,424
2%
2019
$6,597
-1%
$622,965
2%
2018
$6,672
5%
$610,751
2%
2017
$6,374
2%
$598,777
2%
2016
$6,251
2%
$587,038
2%
2015
$6,154
3%
$578,221
2%
2014
$5,998
—
$566,895
—
2013
$6,027
—
$564,334
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 311 Fairview Ln
311 Fairview Lane, Sonora, CA 95370 (MLS# 226073207) is a Single Family property with 0 bedrooms and 0 full bathrooms. 311 Fairview Lane is currently listed for $4,100,000 and was received on June 09, 2026. Want to learn more about 311 Fairview Lane? Do you have questions about finding other Single Family real estate for sale in Sonora? You can browse all Sonora real estate or contact a Coldwell Banker agent to request more information.

