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Prime Residential Development Land in Growing Leona Valley Area

Listing was updated on: 09/18/2019
Prime Residential Development Land in Growing Leona Valley Area Prime Residential Development Land in Growing Leona Valley Area Prime Residential Development Land in Growing Leona Valley Area Prime Residential Development Land in Growing Leona Valley Area Prime Residential Development Land in Growing Leona Valley Area Prime Residential Development Land in Growing Leona Valley Area Prime Residential Development Land in Growing Leona Valley Area Prime Residential Development Land in Growing Leona Valley Area

Property Overview

Price/Rent PSF $ 1,495,000.00
Asset Type Land
Trade Type Sale
Acres Available 149.94
Date Available 09/18/2019
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Description

Location
Property is located off the Northeast corner of Elizabeth Lake Rd and Bouquet Canyon Rd, just east of HWY 5, west of HWY 15, south of HWY 138 and north of HWY 14 with Frontage on Bouquet Canyon & Elizabeth Lake. Head northwest on I-5 N, Take exit 215 toward Grapevine, Continue onto Grapevine Rd E, Merge onto I-5 S, Take exit 199 to merge onto CA-138 E toward Lancaster/Palmdale, Turn right onto 3 Points Rd 3.0 mi, Continue onto Pine Canyon Rd 9.5 mi, Continue onto Elizabeth Lake Rd 4.6 mi, Turn right to stay on Elizabeth Lake Rd 6.3 mi, Turn right onto 90th St W 0.3 mi, Turn right onto 90th St W 0.3 mi, Turn left onto Leona Ave 0.3 mi, Continue onto 87th St /Lost Valley Ranch Rd 0.5 mi, Turn left onto Vientos Dr 0.1 mi, Turn left onto 86th St W.

The subject property is located in the Leona Valley area which is an unincorporated area of Los Angeles County with a population of approximately 3,000 people, located 10 miles west of the Antelope Valley Freeway (14) and the City of Palmdale, and approximately 20 miles north of the City of Santa Clarita. The country atmosphere typically attracts horse owners, as animal keeping is allowed, and/or people seeking a small-town atmosphere. Employment has increased modestly over the last 12 months.

Sale
Prime residential development land with subdivision potential totaling ±149.94 Acres. While the land is a blank and clean canvas for flexible concepts, Property owner has a subdivision plan for a development of 45 single-family home sites, each containing approximately 1.5 usable acres. The property has already had some development work done several years ago. Road ways leading to the property from neighboring developments are in place and utilities include public water, electricity, septic tanks for sewage and gas would be propane tanks.

The subject property is located in the Leona Valley area which is an unincorporated area of Los Angeles County with a population of approximately 3,000 people, located 10 miles west of the Antelope Valley Freeway (14) and the City of Palmdale, and approximately 20 miles north of the City of Santa Clarita. The country atmosphere typically attracts horse owners, as animal keeping is allowed, and/or people seeking a small-town atmosphere. Employment has increased modestly over the last 12 months.

Location

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