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315 Lakeville Street, Petaluma, CA 94952

Petaluma
Local realty services provided by:CENTURY 21 Kobetz Realty
315 Lakeville Street,Petaluma, CA 94952
$500,000
  • 0.18 Acres
  • Lots / Land
  • Active
Listed by: ryan j styles, lindsey a ehrlicher styles
Office: engel & volkers sonoma
MLS#:326014241
Source:CABAREIS

Price summary

  • Price:$500,000

About this home

Why spend years navigating the planning department when you can start digging tomorrow? Welcome to the future site of Erwin Street at 315 Lakeville Street, a pre-entitled development opportunity that defines the standard for shovel-ready projects. The years of strategic design and bureaucratic navigation are already behind you, offering a timeline and a level of certainty that is simply unavailable elsewhere in the current Petaluma market. The economics of this offering are unmatched. At a list price of $500,000, you are benefiting from nearly $400,000 in sunk costs already satisfied by the seller. This includes development impact fees, permit costs, and premium professional services from the region's top firms. For a developer, the math is undeniable: you are securing a prime lot for an effective land cost near zero while bypassing the risk and delays of the planning gauntlet. The vision by award-winning Nick Lee Architecture features four expansive dwelling units totaling 7,233...

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Home facts

  • Listing ID #:326014241
  • Updated:May 02, 2026 at 02:51 PM

Structure and exterior

  • Lot area:0.18 Acres
  • Lot Features:Public Trans Nearby, Shape Regular, Sidewalk(s), Street Light(s)

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$500,000
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