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Here's an opportunity to acquire a prime residential development site in one of Lancaster's most established and growing neighborhoods. This 2.16 acre (94,090 SF) corner parcel (APN: 3140-036-014), zoned LRR1-7000, offers an outstanding combination of location, infrastructure, and development potential. Significant planning work has already been completed, including a Property Survey and Preliminary Concept Architectural & Design Plans prepared by Drury Architects. The plans envision an attractive subdivision of eight single family homes on generous quarter acre lots, providing a valuable head start for builders and investors. Survey documents, site studies, conceptual layouts, and renderings are available upon request. The property is fully fenced, offering added security, clearly defined boundaries, and immediate utility for future development activities. Situated on the corner of Avenue K and 7th Street East, the parcel features approximately 608 feet of frontage along 7th Street East and 154 feet along Avenue K, creating excellent access and design flexibility. All major utilities, including electricity, water, and sewer, are available at the street, helping reduce development costs and streamline the entitlement and construction process. The flat topography further enhances the site's buildability and overall project economics. Conveniently located near established residential communities, schools, shopping, dining, and everyday services, this property is ideally positioned to capitalize on Lancaster's continued residential growth and housing demand. Large infill development opportunities with completed planning work and utility access are increasingly difficult to find. Whether you're a builder ready to move forward or an investor seeking a high potential land asset, this property presents a compelling opportunity to create value in a thriving Antelope Valley market.
Listing agent: Scott Vu DRE #01844487 scott.t.vu@gmail.com, Listing office: Nexus Commercial
MLS data updated 10/19/2026, 3:06:01 AM PT
Source: CRMLS, MLS #: OC26138345
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 23, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$399,000Original asking price · Jun 23, 2026ZIP 93535 · Jun 2026
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No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.