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Listed by Mark Mestepey • Castlestone Properties, Inc.
$695,000
Est. payment /mo
4,827,218 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 4,827,218 sqft
Price per Sqft $0
MLS Listing ID CRSR25166460
HOA Y/N No
Lot Size 110.818 Acres
Property Sub-Type Unimproved Land
Source Datashare California Regional
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. Home values are strong in Lake LA, with existing homes in the area selling in the $400k+ 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 "light agricultural", with 2-acre lot minimums. Thus, per an engineer's preliminary feasibility report, the property can be subdivided into approximately 34 2-acre lots without any zone changes. Other possible uses within the current zoning include building a large ranch w/custom home, solar farm, or a mobile home park. With a zone change to 1-acre lot minimums, which would put it in li
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
View Mountain(s)
Building
Lot Description Corner Lot
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