Description

Huge reduction! seller will consider seller financing with 50% down! 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 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 estate with ample room for a tennis court, horse facilities, guest houses, etc. this is truly a rare find; an in-fill land parcel nestled within one of the antelope valley's most desirable residential areas

• Property Type

  Land

• County

  Los Angeles

• Style

  Land

• AD ID

  47108859