315 Lakeville Street, Petaluma, CA 94952

What if the hardest part of your next development project was already finished? That is exactly what awaits at 315 Lakeville Street, the future home of Erwin Street in Petaluma, where a fully entitled fourplex project has cleared every planning hurdle and is ready for construction to begin. No more waiting on city approvals, no more navigating impact fee negotiations, and no more guessing whether your project will ever get the green light. The financial story here is what separates this opportunity from anything else on the market. At a list price of $499,000, a buyer inherits nearly $400,000 in costs already absorbed by the seller. These are paid development impact fees, completed permit applications, and premium professional services from the North Bay's most respected firms. The effective land cost drops to roughly $99,000 for a utility-connected, architect-designed build site in downtown Petaluma. That is not a typo. The design by acclaimed Nick Lee Architecture features four...