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$ 295,000
Est. payment /mo
Active
3400 W Avenue M8 Lancaster, CA 93536
4.54 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25047836
HOA Y/N No
Lot Size 4.536 Acres
Property Description
Over 4.5 acres in prime Quartz Hill/West Lancaster! Excellent opportunity to purchase a sizable corner lot within Lancaster's ''semi-rural'' luxury corridor, a neighborhood of million-dollar custom homes and multiple gated communities. This property sits at the northeast corner of Ave M-8 and 35th west. On the southwest corner of this intersection are the highly regarded Pulte homes, in which multiple homes have traded at over $900,000 in recent months. Immediately west of this property, a developer recently submitted a 32-lot tract proposal to the city. The zoning in this area is believed to allow for 2 homes per acre, which would mean that this property could potentially provide for 8 half-acre lots, and 16 units could be built on those 8 lots with the new ADU laws. Given this potential, this property may be perfect for a custom or tract home builder. There is currently strong demand for luxury new homes in the Antelope Valley. All utilities are believed to be available nearby for connection. By virtue of having street frontage, there is no need for easements or building access roads, which is the case for some of the land parcels in this area. A church may also be a nice possibility for this property with its corner lot location within a quiet area. Lastly, 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. Typical custom home lots in this area are 2.5 acres, so this property provides more size while being similarly priced to the 2.5 acre lots. The overall location is unbeatable, as it is situated amongst custom mansions, luxury housing tracts, and gated communities. The 4.5 acres provide this property with significant versatility for a variety of projects. This property presents a rare opportunity to acquire a large piece of this desirable area, with frontage on 2 streets, at the attractive price of $295,000. Don't miss out!
Location
State CA
County Los Angeles
Area Lac - Lancaster
Zoning LCA22*
Interior
Fireplace No
Exterior
Community Features Suburban
View Y/N Yes
View Mountain(s)
Building
Lot Description Corner Lot, Horse Property, Lot Over 40000 Sqft, Rectangular Lot
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 3111014025
Acceptable Financing Cash
Horse Property Yes
Listing Terms Cash
Special Listing Condition Standard
Listed by Mark Mestepey • Castlestone Properties, Inc. • 818-624-0099
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