0 E Ave N/150th St E E, Lancaster, CA 93535 – SR25166460

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Jul

Mon

Jul

Tue

Jul

Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$695,000

Est. payment - /mo

110.82 Acres Lot

Save

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25166460

HOA Y/N No

Lot Size 110.818 Acres

Property Description

Unbelievable price for a prime residential development site! 110 acres of flat, in-fill land in the Lake LA area of the Antelope Valley. Only $6,272 per acre. One of the few large, undivided land parcels within Lake LA. This is NOT 110 acres in the middle of the desert. Instead, this substantial property is nestled within an established neighborhood with utilities and paved street frontage. The street frontage is present on all 4 sides, with existing housing tracts across the street on 3 sides. Water, electricity, and gas services are all available at the street. It also has great mountain views. Home values are strong in Lake LA, with existing homes in the area selling in the $400k+ range, and new homes are likely to sell in the $500k+ range. This 110-acre property can be purchased for the price of less than 2 typical homes in the area. This property also sold for $1.2m in 2007. As such, this property is a tremendous value with a wide variety of potential uses. The current zoning is agricultural, with 2-acre lot minimums. With this zoning, the property may be well-suited for a custom estate home, a large-scale agricultural operation, solar farms, or a mobile home park (believe to be allowable with the current zoning). With a zone change to 1-acre lot minimums, which would put it in line with the rest of Lake LA, an engineer's preliminary feasibility report yields approximately 67 1-acre lots. With this zoning, developers may be able to build a subdivision of new construction ranch homes that can sell for $500k+ or build a subdivision of ''Build to Rent'' homes with ADU's and Junior ADU's to double or even triple the density. Utilizing these ADU laws, a 67-lot subdivision may potentially allow for 201 units. With that said, this property is truly a rare opportunity. Whether it's someone just looking for huge expanse of raw land with a great in-fill location, or a developer looking for the perfect development site, this property is ready for your vision.

Location

State CA

County Los Angeles

Area Lac - Lancaster

Zoning LCA1

Interior

Fireplace No

Exterior

Community Features Rural

View Y/N Yes

View Mountain(s)

Building

Lot Description Corner Lot

Water Public

New Construction No

Others

Senior Community No

Tax ID 3069019005

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Read Less Info

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

Get More Information

Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

Quick Search

0 E Ave N/150th St E E Lancaster, CA 93535

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

Others

Get More Information