5215 Lakeville Highway, Petaluma, CA 94954, Petaluma, 94954 - 6 bed, 6 bath

5215 Lakeville Highway
Petaluma, CA 94954
Property Price
SUMMARY
Analysis of 5215 Lakeville Highway, Petaluma, CA 94954 is currently available with a list price of $3,950,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Petaluma Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1899, the property underwent an extensive refurbishment in 2020, placing it within the 5-year window for high-quality renovations. The estate features modern sustainable upgrades including solar power and a private reservoir, and the main residence and surrounding structures appear meticulously maintained and move-in ready with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 762300, living area = 4483.
- Permitted Retreat Center
Uniquely permitted by Sonoma County as a retreat center, the property includes six cottages and a signature barn, offering immediate commercial potential for a boutique B&B or event venue.
- Sustainable Infrastructure
The 17.5-acre estate is equipped with solar power and a private reservoir, providing a self-sustaining infrastructure that supports both environmental goals and agricultural operations.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 7.
- High Maintenance Requirements
The scale of the 17.5-acre property, combined with multiple secondary structures and a large main residence, necessitates significant ongoing labor and financial investment for upkeep.
- Legacy Infrastructure Risks
Despite recent refurbishments, the 125-year-old primary structure may present hidden challenges typical of 19th-century builds, such as aging core systems or foundation complexities.
About 5215 Lakeville Highway
Tucked amid the rolling hills of the Petaluma Gap, Silver Penny Farm is a rare and remarkable retreat where history, nature, and opportunity converge. This 17.5+/- acre property unfolds with pastoral beauty, sweeping pastures, lush gardens, and far-reaching views, creating a setting both serene and inspired. At its heart stands a stately 4,483+/- square-foot farmhouse, offering six bedrooms and five and a half baths, gracefully preserving its historic character while inviting modern vision. Dating back to 1899, the Goldie family modernized the farmhouse in the 1970s and present owners refurbished it in 2020. Surrounding the main residence are six charming cottages, a versatile workshop, and the signature Gathering Barn, a generous space designed for connection and creativity. Permitted by Sonoma County as a retreat center, Silver Penny Farm is more than a home, it's a canvas. Solar power and a private reservoir support a sustainable infrastructure, while its coveted location midway between downtown Petaluma and Sonoma Plaza place it at the gateway of Wine Country. Whether imagined as a boutique B&B, an intimate event venue, a working farm, or a family sanctuary, Silver Penny Farm offers a singular chance to create something extraordinary.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1899
- Lot Size
- 762,300 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 98% |
| Baths | 6.0 | 2.0 | 99% |
| Square foot | 4,483 | 1,785 | 98% |
| Lot Size | 762,300 | 6,199 | 98% |
| Price | $3.95M | $844.0K | 99% |
| Price per sq ft | $881 | $476 | 98% |
| Built year | 1899 | 1975 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 173 | 170 | 53% |
Pricing History
Listed for Sale
Sep 15, 2025
$3,950,000
Initial Listing
Sold
Aug 15, 2019
$2,900,000
Public Record
