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Lancaster Land: Development Opportunity
For Sale
$700,000

Avenue I And 15th St E, Lancaster, CA 93535

LAND - Lancaster, CA

Property SizeContact for details
Lot Size8.69 Acres
Days on Market133

Property Features for Avenue I And 15th St E

General Information

Property type Land
Property subtype Other
Zoning MDR & R-7000
Directions Avenue I to 15th St E. The property fronts 15th St E from Ave I to Kettering St E.
Subdivision 04 - Lanc Div to 90th E
Standard status Active
APN 3149-001-049
Lot size 8.69 Acres

Utilities

Water source Public
Listing Agency: Coldwell Banker-A Hartwig Co. · Coldwell Banker Real Estate
Listed By: Ron Halcrow · License #926296
Added: Apr 23 Changed: Apr 30 Last Checked: Sep 2 at 2:06PM
MLS# 26003268

Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 8.69-acre property consists of four contiguous parcels with frontage along 15th St E from Avenue I to Kettering Street in Lancaster, CA. The site presents a development opportunity supported by a split General Plan designation: approximately 4.18 acres of Medium Density Residential (MDR: 6.6-15 du/ac) and 4.51 acres of Urban Residential (UR: 2.1-6.5 du/ac), allowing flexibility in product type, lot configuration, and overall yield. A previously approved Tentative Tract Map (TTM) for 38 single-family lots establishes an entitlement baseline. While the map has expired following the City's upgrade to higher-density MDR zoning, it provides significant carry-forward value, including prior engineering studies, site planning, and a detailed record of municipal conditions of approval. This groundwork can materially reduce entitlement risk, inform updated yield scenarios, and accelerate the resubmittal process. Prior approvals and studies may support streamlined environmental review, with the potential for addendum or focused analysis rather than a full EIR, subject to City determination. Existing conditions of approval offer clarity on grading, drainage, circulation, and off-site improvement requirements. Prior tract work provides insight into utility access points, capacity considerations, and likely off-site improvement obligations. Updated MDR zoning creates an opportunity to increase unit count beyond the prior 38-lot configuration while integrating required affordable housing components. Parcel configuration and frontage may allow for phased development and flexible absorption strategies. This property is suited for builders and developers seeking a project with prior agency alignment, documented site constraints, and the ability to leverage existing due diligence to shorten entitlement timelines and move more efficiently toward final map approval and construction.

Key Highlights

  • 8.69 acres suitable for residential development with density upside.
  • Split General Plan designation (MDR & UR) allows flexibility in product type and yield.
  • Previously approved Tentative Tract Map (TTM) provides a strong entitlement baseline and reduces entitlement risk.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

111
Businesses Nearby

Demographics for 93535, CA

82,149
Population
23,917
Households
3.4
Avg Household Size
31
Median Age
14%
College-Educated
78%
High-School Grad
239.0 sq mi
ZIP Area
344
Density / Sq Mi
$65,989
Median Household Income
$41,834
Median Earnings
$1,650
Median Rent
$336,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 8.69 acres for residential development with density upside.
Where is this residential land & home lot located?
The property is located at Avenue I And 15th St E Lancaster, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 8.69 acres suitable for residential development with density upside.; Split General Plan designation (MDR & UR) allows flexibility in product type and yield.; Previously approved Tentative Tract Map (TTM) provides a strong entitlement baseline and reduces entitlement risk.
More about this property
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