Home | Sonoma County | Petaluma | 94952 | 315 Lakeville St
MLS: BA326014241 | Status: Active | Price: $500,000
Beds/Baths: – / –
Property Type: Land
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,906 | – |
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 square feet. Originally envisioned as three stories, the project was expertly value-engineered into a sophisticated two-story structure in 2023 to maximize developer profitability and streamline construction without sacrificing luxury. The high-end aesthetic includes Arctic White architectural panels, Ir
| Field | Value |
|---|---|
| MLS # | BA326014241 |
| MLS Source | Bay Area Real Estate Information Services, Inc. |
| Days on Site | 37 |
| Feature | Details |
|---|---|
| Sewer | Public Sewer |
| Water | Public |
| HOA Fee | $0 |
| Feature | Details |
|---|---|
| Development Status | Other - Call Listing Agent |
| Existing Structures | None |
| Fencing | None |
| Present Use | Mixed, Residential |
| Utilities | Gas - Available at Street, Public Utilities, Public Utilities, Water - Public |
| Listing Agent | Co-Listing Agent |
|---|---|
| Ryan Styles | Lindsey Ehrlicher Styles |
| Engel & Volkers Sonoma | Engel & Volkers Sonoma |
| License #: 01276948 | License #: 01879097 |
| Phone: (707) 540-2000 | Phone: (707) 718-2116 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 509 Larch Dr | $509,000 | – | – | – | Active |
| 13 Dorenfeld Ct | $600,000 | – | – | – | Active |
| 513 Larch Dr | $509,000 | – | – | – | Active |
| 156 Grant Ct | $450,000 | – | – | – | Active |
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This listing information is up-to-date as of April 10, 2026. For the most current information, please contact Ryan Styles, (707) 540-2000.