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3400 W Avenue M8 - 4.5 Acres in Prime Quartz Hill/West Lancaster 4.54 Acres of Residential Land Offered at $380,738 CAD in Lancaster, CA 93536



EXECUTIVE SUMMARY
Over 4.5 acres in prime Quartz Hill/West Lancaster! Excellent opportunity to purchase a sizable corner lot within Lancaster's ''semi-rural'' luxury corridor, a neighborhood of million-dollar custom homes and multiple gated communities. This property sits at the northeast corner of Ave M-8 and 35th west. On the southwest corner of this intersection are the highly regarded Pulte homes, in which multiple homes have traded at over $900,000 in recent months. Immediately west of this property, a developer recently submitted a 32-lot tract proposal to the city. The zoning in this area is believed to allow for 2 homes per acre, which would mean that this property could potentially provide for 8 half-acre lots, and 16 units could be built on those 8 lots with the new ADU laws. Given this potential, this property may be perfect for a custom or tract home builder. There is currently strong demand for luxury new homes in the Antelope Valley. All utilities are believed to be available nearby for connection. By virtue of having street frontage, there is no need for easements or building access roads, which is the case for some of the land parcels in this area. A church may also be a nice possibility for this property with its corner lot location within a quiet area. Lastly, 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. Typical custom home lots in this area are 2.5 acres, so this property provides more size while being similarly priced to the 2.5 acre lots. The overall location is unbeatable, as it is situated amongst custom mansions, luxury housing tracts, and gated communities. The 4.5 acres provide this property with significant versatility for a variety of projects. This property presents a rare opportunity to acquire a large piece of this desirable area, with frontage on 2 streets, at the attractive price of $275,000. Don't miss out!
PROPERTY FACTS
| Price | $380,738 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.54 AC |
| Property Type | Land | ||
| Zoning | LCA22* - limited commercial-agricultural | ||
| Price | $380,738 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 4.54 AC |
| Zoning | LCA22* - limited commercial-agricultural |
1 LOT AVAILABLE
Lot
| Price | $380,738 CAD | Lot Size | 4.54 AC |
| Price Per AC | $83,862.89 CAD |
| Price | $380,738 CAD |
| Price Per AC | $83,862.89 CAD |
| Lot Size | 4.54 AC |
PROPERTY TAXES
| Parcel Number | 3111-014-025 | Improvements Assessment | $0 CAD |
| Land Assessment | $39,309 CAD | Total Assessment | $39,309 CAD |
PROPERTY TAXES
Parcel Number
3111-014-025
Land Assessment
$39,309 CAD
Improvements Assessment
$0 CAD
Total Assessment
$39,309 CAD
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3400 W Avenue M8 - 4.5 Acres in Prime Quartz Hill/West Lancaster
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