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Listed by Mark Mestepey • Castlestone Properties, Inc.
$ 795,000
Est. payment /mo
Active
41705 30th Street West Lancaster, CA 93536
204,249 SqFt
UPDATED:
10/30/2024 05:35 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 204,249 sqft
Price per Sqft $3
MLS Listing ID CRSR24206339
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 4.689 Acres
Property Description
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 loca
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
View None
Building
Water Public
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