Charming 2-Bedroom Cottage with Prime Development Potential. Discover 816 South McDowell, Petaluma's most affordable home, offering both charm and exceptional investment potential. This original 2-bedroom, 1-bathroom cottage is a great entry level home & needs TLC but the real value lies in its future possibilities. This property is part of a subdivided parcel with two available lots priced at $299,000 each, presenting a rare opportunity for developers, builders, and investors. Whether you're envisioning a family compound, a small residential community, or an affordable housing project, this property is a blank slate for your vision. The subdivided lots has approved plans for 2234 Sq Ft Home w/ ADU for each parcel offering flexibility for various building strategies, making it a strategic investment with significant ROI potential. Located near schools, transportation, shopping, and freeway access, this property ensures high demand for any future development. Don't miss out on this chance to secure a prime piece of Petaluma real estate with unmatched potential. Schedule your viewing today!