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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$269,900

Est. payment - /mo

4.54 Acres Lot

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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 $269,900. 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

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Listed by Mark Mestepey Castlestone Properties, Inc. 818-624-0099, DRE #01991537

NEARBY SCHOOL & BUSINESS

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3400 W Avenue M8 Lancaster, CA 93536