$795,000
For Sale

41705 30th Street West

Lancaster, CA 93536
4.69 acres | #SR24206339
Listing OfficeCastlestone Properties, Inc.
Type:Purchase
Structure:Land
Zone:Residential

Description

Development site within 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 Homes" 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 Homes community. 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 owner of this property previously obtained a tract map, now expired, that yielded 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, to suit the tastes of local professionals and executives. 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 mansion with ample room for a tennis court, horse facilities, guest houses, etc. This is truly a rare find; a luxury in-fill land parcel nestled within one of the Antelope Valley's most desirable residential areas.

  • Property Details
      • Lot DescriptionLotOver40000Sqft
    • Measurements
      • Acres4.6889
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesCableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
      • Utility SourcePublic, SeeRemarks
      • Sewer InformationPublicSewer
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$795,000
  • Other
      • MLS #SR24206339

Location

Mirvat KhouryReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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