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Executive Summary

Rare opportunity awaits on the only remaining lots in a walkable, affluent West Petaluma neighborhood with no new supply. This vacant land is 2 blocks from Petaluma Blvd, in an established neighborhood, walking distance to schools, parks, and shopping. Endless possibility to build on 4 parcels totaling 0.79± acre. Zoned R2 with current approved tentative map for 10 homes, with potential for up to 16 homes between both parcels. Approved by the City of Petaluma under SB 1123 / SB 684 streamlining legislation, offering by right approval and CEQA exemption. Or build your dream home or family compound. The 0.60± acre parcel is listed at $875,000, and 0.19± acre abutting parcel is listed at $375,000.

Property Facts

Price $375,000 - $1,250,000
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Residential
Proposed Use
Single Family Development
  • Single Family Residence
Total Lot Size 0.79 AC
Zoning R2

2 Lots Available

Lot

Price $375,000
Price Per AC $1,973,684.21
Lot Size 0.19 AC

Lot

Price $875,000
Price Per AC $1,458,333.33
Lot Size 0.60 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 40514011

  • Date on Market: 5/13/2026

  • Last Updated:

  • Address: 495 Cherry St, Petaluma, CA 94952

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