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$745,000
Est. payment /mo
4.69 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24206339
HOA Y/N No
Lot Size 4.689 Acres
Acres 4.6889
Property Sub-Type Lots/Land
Property Description
Huge reduction! Seller will consider seller financing with 50% down! Development site in a million-dollar neighborhood. Located within Lancaster's "semi-rural" luxury corridor, this flat 4.69 acre land parcel has frontage on 30th Street West and is surrounded on 3 sides by the "Premier Collection" community. This is a highly desirable neighborhood of sprawling semi-custom single-story homes and impressive 2-story homes, most of which are over 4,000 sqft. Homes in this neighborhood are frequently selling for over $1,000,000. The subject property is a true "in-fill" lot, as it is the missing piece that would complete the Premier Collection. West Avenue M-6 is a stub street that terminates at the west side of the property, and it could be easily extended through this property to create a tract. Homes could then be built on each side of the street. The property owner previously obtained a tract map (TTM 66793), now expired, yielding 8 half-acre lots. A developer could therefore purchase this property, re-apply for the tract map, and build 8 estate homes that could sell for well in excess of $1,000,000 each. There is currently strong demand for luxury new homes in the Antelope Valley. Another option is for a developer to utilize the new ADU laws and build 16 "build to rent" homes on the 8 lots, which would be in very high demand due to the location. The seller also previously obtained a water letter, grading report, and environmental report. Water, sewer, gas, and electricity connections are all present. A water meter box appears to be present alongside 30th St. Paraclete High S
Huge reduction! Seller will consider seller financing with 50% down! Development site in a million-dollar neighborhood. Located within Lancaster's "semi-rural" luxury corridor, this flat 4.69 acre land parcel has frontage on 30th Street West and is surrounded on 3 sides by the "Premier Collection" community. This is a highly desirable neighborhood of sprawling semi-custom single-story homes and impressive 2-story homes, most of which are over 4,000 sqft. Homes in this neighborhood are frequently selling for over $1,000,000. The subject property is a true "in-fill" lot, as it is the missing piece that would complete the Premier Collection. West Avenue M-6 is a stub street that terminates at the west side of the property, and it could be easily extended through this property to create a tract. Homes could then be built on each side of the street. The property owner previously obtained a tract map (TTM 66793), now expired, yielding 8 half-acre lots. A developer could therefore purchase this property, re-apply for the tract map, and build 8 estate homes that could sell for well in excess of $1,000,000 each. There is currently strong demand for luxury new homes in the Antelope Valley. Another option is for a developer to utilize the new ADU laws and build 16 "build to rent" homes on the 8 lots, which would be in very high demand due to the location. The seller also previously obtained a water letter, grading report, and environmental report. Water, sewer, gas, and electricity connections are all present. A water meter box appears to be present alongside 30th St. Paraclete High School, a well-regarded private school, is right down the street. Additionally, this property may also be well-suited to someone looking for an oversized lot to build a sprawling custom estate with ample room for a tennis court, horse facilities, guest houses, etc. This is truly a rare find; an in-fill land parcel nestled within one of the Antelope Valley's most desirable residential areas
Huge reduction! Seller will consider seller financing with 50% down! Development site in a million-dollar neighborhood. Located within Lancaster's "semi-rural" luxury corridor, this flat 4.69 acre land parcel has frontage on 30th Street West and is surrounded on 3 sides by the "Premier Collection" community. This is a highly desirable neighborhood of sprawling semi-custom single-story homes and impressive 2-story homes, most of which are over 4,000 sqft. Homes in this neighborhood are frequently selling for over $1,000,000. The subject property is a true "in-fill" lot, as it is the missing piece that would complete the Premier Collection. West Avenue M-6 is a stub street that terminates at the west side of the property, and it could be easily extended through this property to create a tract. Homes could then be built on each side of the street. The property owner previously obtained a tract map (TTM 66793), now expired, yielding 8 half-acre lots. A developer could therefore purchase this property, re-apply for the tract map, and build 8 estate homes that could sell for well in excess of $1,000,000 each. There is currently strong demand for luxury new homes in the Antelope Valley. Another option is for a developer to utilize the new ADU laws and build 16 "build to rent" homes on the 8 lots, which would be in very high demand due to the location. The seller also previously obtained a water letter, grading report, and environmental report. Water, sewer, gas, and electricity connections are all present. A water meter box appears to be present alongside 30th St. Paraclete High School, a well-regarded private school, is right down the street. Additionally, this property may also be well-suited to someone looking for an oversized lot to build a sprawling custom estate with ample room for a tennis court, horse facilities, guest houses, etc. This is truly a rare find; an in-fill land parcel nestled within one of the Antelope Valley's most desirable residential areas
Location
State CA
County Los Angeles
Area Lancaster (93536)
Exterior
Utilities Available Cable TV,Electric,Natural Gas,Telephone
Others
Monthly Total Fees $68
Acceptable Financing Cash
Listing Terms Cash
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Listed by Mark Mestepey • Castlestone Properties, Inc.
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Nicole Hazelton
Broker Associate | License ID: 01819363
Broker Associate License ID: 01819363
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